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Lithium Technology

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No.1 Leaders in
Lithium Technology

CFTS
Accreditation

UK’s Largest Stock
of New Forklifts

4.8 stars

No.1 Leaders in
Lithium Technology

CFTS
Accreditation

UK’s Largest Stock
of New Forklifts

4.8 stars

Home / Used Forklifts / Sold / CAT NPV20N2 ELECTRIC PALLET FORKLIFT (#4572)

Side view of yellow CAT NPV20N2 electric pallet forklift

CAT NPV20N2 ELECTRIC PALLET FORKLIFT (#4572)

Name: CAT NPV20N2 ELECTRIC PALLET FORKLIFT (#4572)
SKU: #4572
Price: 1750.00 GBP
Availability: OutOfStock

Purchase from £1,750 +VAT £2,100 inc VAT

Hire Purchase £9.77 + VAT / Week

Hire Purchase

Hire Purchase allows you to spread the cost of the forklift over a fixed term with monthly payments. Once all payments have been made, ownership of the forklift transfers to you. A deposit may be required, and interest is applied.

This option provides a straightforward way to own the asset while managing cash flow.

Out of stock

Outright Purchase

HP with Balloon

Hire Purchase

Contract Hire

Outright Purchase Payment

Outright Purchase – A single upfront payment for full ownership of the forklift, with no further financial obligations.

£2,045.00 + VAT (inc delivery)

Delivery: Flat Rate £295.00
Truck Price (inc delivery): £2,045.00
VAT: £409.00

TOTAL: £2,454.00

Debug Information:

Input Parameters: 
Base Price Source: Simple Product
Base Price: £1750.00
Delivery Cost: £295.00

Calculations: 
Truck Price: £1750.00
Total Before VAT: £2045.00
VAT Amount: £409.00
Total Inc. VAT: £2454.00

Formula Used:

            OUTRIGHT PURCHASE CALCULATION:
            1. Base Calculation:
               truckPrice = simpleProductPrice
               
            2. Add Delivery:
               totalBeforeVAT = truckPrice + deliveryCost
               
            3. VAT Calculation:
               vatAmount = totalBeforeVAT × 0.20
               
            4. Final Price:
               finalPrice = totalBeforeVAT + vatAmount

Payment Options

Hire Purchase with Balloon Payment

Fixed monthly instalments with a deferred final lump sum (balloon payment) required to transfer ownership upon completion of the agreement.

£8.49 + VATper week

Truck Price: £2,045.00 (+VAT, inc delivery)
Deposit (VAT): £409.00
60 Monthly Payments: £36.81
Interest cost: £572.60

TOTAL amount payable: £3,026.60

Optional balloon payment: £409.00

Debug Information:

Input Parameters: 
Base Price: £1750.00
Term (months): 60
Has Cab: No
Cab Cost: N/A
VAT Amount: £409.00

Calculations: 
Base Price: £2045.00
Monthly Payment: £36.81
Weekly Payment: £8.49 (Monthly × 12 ÷ 52)
Balloon Amount: £409.00
Interest Amount: £572.60
Factor Used: 1.80%

Formula Used:

            BALLOON FINANCE CALCULATION:
            1. Initial Setup:
               Base Price = £2045.00 
               VAT Amount = £409.00 (Deposit)
               
            2. Monthly Payment:
               Factor = 1.80%
               Monthly Payment = Base Price × Factor = £36.81
               
            3. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £8.49
               
            4. Balloon Payment:
               Balloon Amount = Base Price × 20% = £409.00
               
            5. Interest:
               Interest = (Monthly × Term) + Balloon - Base Price = £572.60
               
            6. Total:
               Total = Base Price + VAT + Interest = £3,026.60

Payment Options

Hire Purchase Payment

Fixed monthly payments over an agreed term. Ownership transfers to the customer upon completion of all payments.

£9.77 + VATper week

Truck Price: £2,045.00 (+VAT, inc delivery)
Deposit (VAT): £409.00
60 Monthly Payments: £42.33
Interest cost: £494.80

TOTAL amount payable: £2,948.80

Debug Information:

Input Parameters: 
Base Price: £1750.00
Term (months): 60
Has Cab: No
Deposit (VAT): £409.00
Cab Cost: N/A

Calculations: 
Base Price: £2045.00
VAT Amount: £409.00
Deposit Required: £409.00
Amount to Finance: £2045.00
Monthly Payment: £42.33
Weekly Payment: £9.77 (Monthly × 12 ÷ 52)
Interest Amount: £494.80
Factor Used: 2.07%

Formula Used:

            HIRE PURCHASE CALCULATION:
            1. Initial Setup:
               Base Price = £2045.00 
               VAT Amount (Deposit) = £409.00
               
            2. Finance Amount:
               Amount to Finance = Base Price = £2045.00
               
            3. Monthly Payment:
               Factor = 2.07%
               Monthly Payment = Base Price × Factor = £42.33
               
            4. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £9.77
               
            5. Interest:
               Interest = (Monthly × Term) - Base Price = £494.80
               
            6. Total:
               Total = Base Price + VAT + Interest = £2,948.80

Looking for a Contract Hire Quote?

Contract hire pricing can vary depending on your usage, location, and specific requirements - so rarther than giving you a one-size-fits-all estimate, we'll create a bespoke quote tailored to your business.

Submit a quick enquiry below and one of our team will be in touch with your personalised options.