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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 / Brands / Greenpower / Reach Forklift New Electric GREENPOWER MFZ16 – 5.0mm to 9.0m Lift 1600KGS (#MFZ16e)

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Full Data Specification Sheet please click this link to view.

Reach Forklift New Electric GREENPOWER MFZ16 – 5.0mm to 9.0m Lift 1600KGS (#MFZ16e)

Purchase from £22,950 +VAT £27,540 inc VAT

Major Tax Benefits

Take advantage of the UK government’s 100% super-deduction tax benefit when you purchase eligible equipment like forklifts. Businesses can deduct the full cost of qualifying assets from their taxable profits, significantly reducing tax liabilities. This government-backed incentive is a limited-time opportunity to upgrade your operations while maximising savings.

The example shown is based on the main rate of 25% corporation tax. Individual tax benefits may vary.

Don’t miss out!

£17,212.50 After Tax Relief

Hire Purchase £111.04 + 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.

Mast Type

Clear

Purchase from £22,950 + VAT

In stock

Key Features

Load Capacity: 1600 kg
Fuel type: Electric
Reach Function: Efficiently extends the mast forward to handle deep racking systems, maximizing warehouse storage.
Curtis Control System: Offers superior reliability and control, ensuring smooth operation in demanding conditions.
360° Electric Steering: Provides excellent manoeuvrability and precision, allowing easy navigation in tight spaces.
HD Camera Display: Enhances visibility during load handling, improving accuracy and safety, especially at high lifts.
LCD Display: Clear, real-time display of key performance metrics, helping operators monitor the truck’s status and performance.
Wide Chassis: Ensures stability and balance when handling heavy loads, reducing the risk of tipping and increasing safety.
Regenerative Braking: Extends battery life while conserving energy, lowering operational costs.
Compact Design: The truck’s narrow turning radius and small footprint allow it to work in confined warehouse spaces.
360° Visibility: Improves operator safety with unobstructed views of the workspace.
Ergonomic Cabin: Designed to reduce operator fatigue, enhancing comfort during long shifts.
Adjustable Forks and Mast: Provides flexibility to handle various load types with high precision.

Specifications

Manufacturer: Greenpower
Model: MFZ16
Year of Manufacture: 2025
Hours Reading: 1 Hours
Fuel Type: Electric
Side Shift: Yes
Capacity: 1600kgs
Lift Height: 5000mm / 6000mm / 7000mm / 8000mm / 9000mm
Mast Type: 3 Stage Full Free Lift
Health & Safety: 12 months loler supplied
Additional Info:
- Curtis Control System
- 360 Electric Steering
- HD Camera Display
- LCD Display
Truck Warranty: 2000 or 2 Years truck warranty : Subject to status.
Battery Warranty: 5 Years battery warranty

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Outright Purchase

HP with Balloon

Hire Purchase

Contract Hire

Mast Options

Outright Purchase Payment

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

£23,245.00 + VAT (inc delivery)

Delivery: Flat Rate £295.00
Truck Price (inc delivery): £23,245.00
VAT: £4,649.00

TOTAL: £27,894.00

Debug Information:

Input Parameters: 
Base Price Source: Mast Option
Base Price: £22950.00
Delivery Cost: £295.00

Calculations: 
Truck Price: £22950.00
Total Before VAT: £23245.00
VAT Amount: £4649.00
Total Inc. VAT: £27894.00

Formula Used:

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

Payment Options

Mast 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.

£96.56 + VATper week

Truck Price: £23,245.00 (+VAT, inc delivery)
Deposit (VAT): £4,649.00
60 Monthly Payments: £418.41
Interest cost: £6,508.60

TOTAL amount payable: £34,402.60

Optional balloon payment: £4,649.00

Debug Information:

Input Parameters: 
Base Price: £22950.00
Term (months): 60
Has Cab: No
Cab Cost: N/A
VAT Amount: £4649.00

Calculations: 
Base Price: £23245.00
Monthly Payment: £418.41
Weekly Payment: £96.56 (Monthly × 12 ÷ 52)
Balloon Amount: £4649.00
Interest Amount: £6508.60
Factor Used: 1.80%

Formula Used:

            BALLOON FINANCE CALCULATION:
            1. Initial Setup:
               Base Price = £23245.00 
               VAT Amount = £4649.00 (Deposit)
               
            2. Monthly Payment:
               Factor = 1.80%
               Monthly Payment = Base Price × Factor = £418.41
               
            3. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £96.56
               
            4. Balloon Payment:
               Balloon Amount = Base Price × 20% = £4649.00
               
            5. Interest:
               Interest = (Monthly × Term) + Balloon - Base Price = £6,508.60
               
            6. Total:
               Total = Base Price + VAT + Interest = £34,402.60

Payment Options

Mast Options

Hire Purchase Payment

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

£111.04 + VATper week

Truck Price: £23,245.00 (+VAT, inc delivery)
Deposit (VAT): £4,649.00
60 Monthly Payments: £481.17
Interest cost: £5,625.20

TOTAL amount payable: £33,519.20

Debug Information:

Input Parameters: 
Base Price: £22950.00
Term (months): 60
Has Cab: No
Deposit (VAT): £4649.00
Cab Cost: N/A

Calculations: 
Base Price: £23245.00
VAT Amount: £4649.00
Deposit Required: £4649.00
Amount to Finance: £23245.00
Monthly Payment: £481.17
Weekly Payment: £111.04 (Monthly × 12 ÷ 52)
Interest Amount: £5625.20
Factor Used: 2.07%

Formula Used:

            HIRE PURCHASE CALCULATION:
            1. Initial Setup:
               Base Price = £23245.00 
               VAT Amount (Deposit) = £4649.00
               
            2. Finance Amount:
               Amount to Finance = Base Price = £23245.00
               
            3. Monthly Payment:
               Factor = 2.07%
               Monthly Payment = Base Price × Factor = £481.17
               
            4. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £111.04
               
            5. Interest:
               Interest = (Monthly × Term) - Base Price = £5,625.20
               
            6. Total:
               Total = Base Price + VAT + Interest = £33,519.20

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.

1.6 Tonne Electric Reach Truck Why Choose Greenpower?

The Greenpower MFZ 16 is built for exceptional performance and reliability in high-racking and narrow aisle environments.
With a load capacity of 1600 kg and advanced technology, this electric reach truck maximizes productivity and safety in warehouse operations.
Invest in the Greenpower MFZ 16 for advanced control, precision, and long-lasting performance in high-demand warehouse operations.