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

No.1 Leaders in
Lithium Technology

CTFS
Accreditation

UK’s Largest Stock
of New Forklifts

4.8 stars

Home / Brands / Mima / Reach Forklift New Lithium MiMA MFZ16 – 5.0m to 9.0m 1600kgs (#MFZ16)

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Reach Forklift New Lithium MiMA MFZ16 – 5.0m to 9.0m 1600kgs (#MFZ16)

Purchase from £24,950 +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!

£18,712.50 After Tax Relief

Hire Purchase + 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

Call for instant quote 0121 368 0730

Email Enquiry

Outright Purchase

HP with Balloon

Hire Purchase

Contract Hire Fully Maintained

Mast Options

5000mm 3 Stage Triplex Camera System 6000mm 3 Stage Triplex Camera System 7000mm 3 Stage Triplex Camera System 8000mm 3 Stage Triplex Camera System 9000mm 3 Stage Triplex Camera System

Outright Purchase Payment

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

£25,245.00 + VAT (inc delivery)

Delivery: Flat Rate £295.00
Truck Price (inc delivery): £25,245.00
VAT: £5,049.00

TOTAL: £30,294.00

Debug Information:

Input Parameters: 
Base Price: £24950.00
Has Cab: No
Delivery Cost: £295.00

Calculations: 
Truck Price: £24950.00
Total Before VAT: £25245.00
VAT Amount: £5049.00
Total Inc. VAT: £30294.00

Formula Used:

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

Payment Options

3 Years 5 Years

Mast Options

5000mm 3 Stage Triplex Camera System 6000mm 3 Stage Triplex Camera System 7000mm 3 Stage Triplex Camera System 8000mm 3 Stage Triplex Camera System 9000mm 3 Stage Triplex Camera System

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.

£139.24 + VATper week

Truck Price: £25,245.00 (inc delivery)
Deposit (VAT): £5,049.00
36 Monthly Payments: £603.36
Interest cost: £5,311.71

TOTAL amount payable: £35,605.71

Optional balloon payment: £8,835.75

Debug Information:

Input Parameters: 
Base Price: £24950.00
Term (months): 36
Has Cab: No
Cab Cost: N/A
VAT Amount: £5049.00

Calculations: 
Base Price: £25245.00
Monthly Payment: £603.36
Weekly Payment: £139.24 (Monthly × 12 ÷ 52)
Balloon Amount: £8835.75
Interest Amount: £5311.71
Factor Used: 2.39%

Formula Used:

            BALLOON FINANCE CALCULATION:
            1. Initial Setup:
               Base Price = £25245.00 
               VAT Amount = £5049.00 (Deposit)
               
            2. Monthly Payment:
               Factor = 2.39%
               Monthly Payment = Base Price × Factor = £603.36
               
            3. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £139.24
               
            4. Balloon Payment:
               Balloon Amount = Base Price × 35% = £8835.75
               
            5. Interest:
               Interest = (Monthly × Term) + Balloon - Base Price = £5,311.71
               
            6. Total:
               Total = Base Price + VAT + Interest = £35,605.71

Payment Options

3 Years 5 Years

Mast Options

5000mm 3 Stage Triplex Camera System 6000mm 3 Stage Triplex Camera System 7000mm 3 Stage Triplex Camera System 8000mm 3 Stage Triplex Camera System 9000mm 3 Stage Triplex Camera System

Hire Purchase Payment

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

£186.42 + VATper week

Truck Price: £25,245.00 (inc delivery)
Deposit (VAT): £5,049.00
36 Monthly Payments: £807.84
Interest cost: £3,837.24

TOTAL amount payable: £34,131.24

Debug Information:

Input Parameters: 
Base Price: £24950.00
Term (months): 36
Has Cab: No
Deposit (VAT): £5049.00
Cab Cost: N/A

Calculations: 
Base Price: £25245.00
VAT Amount: £5049.00
Deposit Required: £5049.00
Amount to Finance: £25245.00
Monthly Payment: £807.84
Weekly Payment: £186.42 (Monthly × 12 ÷ 52)
Interest Amount: £3837.24
Factor Used: 3.20%

Formula Used:

            HIRE PURCHASE CALCULATION:
            1. Initial Setup:
               Base Price = £25245.00 
               VAT Amount (Deposit) = £5049.00
               
            2. Finance Amount:
               Amount to Finance = Base Price = £25245.00
               
            3. Monthly Payment:
               Factor = 3.20%
               Monthly Payment = Base Price × Factor = £807.84
               
            4. Weekly Payment:
               Weekly Payment = (Monthly Payment × 12) ÷ 52 = £186.42
               
            5. Interest:
               Interest = (Monthly × Term) - Base Price = £3,837.24
               
            6. Total:
               Total = Base Price + VAT + Interest = £34,131.24

Payment Options

3 Years 5 Years

Mast Options

5000mm 3 Stage Triplex Camera System 6000mm 3 Stage Triplex Camera System 7000mm 3 Stage Triplex Camera System 8000mm 3 Stage Triplex Camera System 9000mm 3 Stage Triplex Camera System

Include Cab Option - £1,500

Hourly usage per week

10 hours per week 20 hours per week 30 hours per week

Contract Hire (Fully Maintained) Payment

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£24,950 + VAT

1.6 Tonne Electric Reach Truck.

The MiMA 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. Why Choose MiMA? Invest in the Greenpower MFZ 20 for advanced control, precision, and long-lasting performance in high-demand warehouse operations.

Key Features

Capacity: 1600kgs
Fuel type: Lithium 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.