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Lithium Technology

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No.1 Leaders in
Lithium Technology

CTFS
Accreditation

UK’s Largest Stock
of New Forklifts

4.8 stars

No.1 Leaders in
Lithium Technology

CTFS
Accreditation

UK’s Largest Stock
of New Forklifts

4.8 stars

Home / Used Forklifts / Sold / CATERPILLAR NR16NH LIFT HEIGHT 11500mm

CATERPILLAR NR16NH LIFT HEIGHT 11500mm

Name: CATERPILLAR NR16NH LIFT HEIGHT 11500mm
SKU: CATERPILLAR NR16NH LIFT HEIGHT 11500mm
Price: 6950.00 GBP
Availability: OutOfStock

Purchase from £6,950 +VAT £6,950 inc VAT

Hire Purchase £34.61 + 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.

£7,245.00 + VAT (inc delivery)

Delivery: Flat Rate £295.00
Truck Price (inc delivery): £7,245.00
VAT: £1,449.00

TOTAL: £8,694.00

Debug Information:

Input Parameters: 
Base Price Source: Simple Product
Base Price: £6950.00
Delivery Cost: £295.00

Calculations: 
Truck Price: £6950.00
Total Before VAT: £7245.00
VAT Amount: £1449.00
Total Inc. VAT: £8694.00

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.

£30.09 + VATper week

Truck Price: £7,245.00 (+VAT, inc delivery)
Deposit (VAT): £1,449.00
60 Monthly Payments: £130.41
Interest cost: £2,028.60

TOTAL amount payable: £10,722.60

Optional balloon payment: £1,449.00

Debug Information:

Input Parameters: 
Base Price: £6950.00
Term (months): 60
Has Cab: No
Cab Cost: N/A
VAT Amount: £1449.00

Calculations: 
Base Price: £7245.00
Monthly Payment: £130.41
Weekly Payment: £30.09 (Monthly × 12 ÷ 52)
Balloon Amount: £1449.00
Interest Amount: £2028.60
Factor Used: 1.80%

Formula Used:

            BALLOON FINANCE CALCULATION:
            1. Initial Setup:
               Base Price = £7245.00 
               VAT Amount = £1449.00 (Deposit)
               
            2. Monthly Payment:
               Factor = 1.80%
               Monthly Payment = Base Price × Factor = £130.41
               
            3. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £30.09
               
            4. Balloon Payment:
               Balloon Amount = Base Price × 20% = £1449.00
               
            5. Interest:
               Interest = (Monthly × Term) + Balloon - Base Price = £2,028.60
               
            6. Total:
               Total = Base Price + VAT + Interest = £10,722.60

Payment Options

Hire Purchase Payment

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

£34.61 + VATper week

Truck Price: £7,245.00 (+VAT, inc delivery)
Deposit (VAT): £1,449.00
60 Monthly Payments: £149.97
Interest cost: £1,753.20

TOTAL amount payable: £10,447.20

Debug Information:

Input Parameters: 
Base Price: £6950.00
Term (months): 60
Has Cab: No
Deposit (VAT): £1449.00
Cab Cost: N/A

Calculations: 
Base Price: £7245.00
VAT Amount: £1449.00
Deposit Required: £1449.00
Amount to Finance: £7245.00
Monthly Payment: £149.97
Weekly Payment: £34.61 (Monthly × 12 ÷ 52)
Interest Amount: £1753.20
Factor Used: 2.07%

Formula Used:

            HIRE PURCHASE CALCULATION:
            1. Initial Setup:
               Base Price = £7245.00 
               VAT Amount (Deposit) = £1449.00
               
            2. Finance Amount:
               Amount to Finance = Base Price = £7245.00
               
            3. Monthly Payment:
               Factor = 2.07%
               Monthly Payment = Base Price × Factor = £149.97
               
            4. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £34.61
               
            5. Interest:
               Interest = (Monthly × Term) - Base Price = £1,753.20
               
            6. Total:
               Total = Base Price + VAT + Interest = £10,447.20

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.

You are viewing IN ITS ORIGINAL CONDITION Current Production Model Caterpillar NR16NH 1600kgs lift capacity Electric used reach truck with a UNIQUE WHOPPING 11500mm 3 Stage Full Free Lift Mast and Sideshift. (Truck Mast Closes at 4650mm). This machine was manufactured in 2006. Our engineers hold these machines in the highest regard of any manufacturer, renowned for ultra-reliability and long life. This reach truck is in excellent working order and has undergone a complete mechanical overhaul undertaken by ourselves, and comes with a free 1 month on-site warranty and a free 1 year onsite battery warranty is included. This truck is Direct off the main dealers contract hire fleet, serviced and maintained on a regular basis by themselves. A great opportunity to acquire a UNIQUE 1600kgs electric reach truck at a excellent price.

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