Investing in a boat forklift is a significant capital decision for any marina, boatyard, or dry-stack storage facility. Unlike standard warehouse forklifts, these specialized machines are engineered to handle long, awkward loads, operate in corrosive saltwater environments, and often feature negative-lift capabilities to enter the water. Prices vary dramatically based on capacity, brand, customization, and condition. This guide breaks down what you can expect to pay for a boat forklift in 2026.
New Boat Forklift Prices
New boat forklifts are high-ticket items, typically ranging from $100,000 to over $1 million. The final price depends heavily on lifting capacity, fork length, and custom specifications.
Entry-Level to Mid-Range (20–25 Ton Capacity)
For operations handling medium-sized boats, manufacturers like TOPWIN offer models in the 20–25 ton range. A 20-ton TOPWIN Boatlifter is listed at approximately $198,000. These diesel-powered machines are designed for dry-stack marina storage and come with features like DF Cummins engines and hydraulic transmission.
High-Capacity Models (30,000–55,000 lbs)
Premium brands like Toyota offer high-capacity marina forklifts with lifting capacities from 15,000 to 55,000 lbs. These machines are built with features specifically for marine environments, including galvanized epoxy-coated carriages and padded rotating forks to protect boat hulls. Pricing for models in the 15,000–20,000 lbs range typically starts around $350,000–$390,000. Mid-range models (30,000–50,000 lbs) can cost between $400,000 and $650,000.
Custom-Built Solutions (Wiggins)
Wiggins Lift Co., a leader in the industry with over 40 years of experience manufacturing marina forklifts, offers highly customized solutions. Their Marina Bull LoPRO line is designed with the lowest center of gravity and heaviest counterweights in the industry. Because each machine is built to customer specifications, Wiggins does not list standard prices — they require potential buyers to call for a quote. Models range from the W1.0 (9,000 lbs @ 96" load center) to the W9.8 (42,000 lbs @ 216" load center).
Largest Capacity Models (70,000–125,000 lbs)
For the heaviest applications, the largest boat forklift models can exceed $800,000 to $1,200,000. These are typically used in large-scale boat manufacturing or facilities handling superyachts.
Used Boat Forklift Prices
The used market offers significant savings, with prices typically 30–60% below new units. However, availability is limited, and condition varies widely.
What You Can Expect
Used Wiggins forklifts occasionally appear at auction. For example, a Wiggins forklift rated at 15,000 lbs with a CAT diesel engine was listed with an asking price available upon request.
General used forklifts in the 10–20 ton range can be found for $30,000–$150,000, depending on age, hours, and condition.
Auction sales are common for used marine equipment. However, buyers should be aware that most units are sold "as-is" with no guarantees. Additional costs like buyer's premiums (e.g., 15%) and sales tax may apply.
Where to Find Used Boat Forklifts
Machinio – Industrial equipment marketplace with listings for used marina forklifts
GovDeals – Government surplus auctions featuring Wiggins and other brands
Forklift Exchange, Inc. – Specializes in buying and selling used marina forklifts
RB Auction / Rosen Systems – Regular industrial equipment auctions
What Determines the Price?
Several key factors influence the final cost of a boat forklift:
Factor Impact on Price
Lifting Capacity Higher capacity = significantly higher price. A 52,000 lbs model costs far more than a 15,000 lbs unit
Load Center Boats have long load centers. A forklift rated at 52,000 lbs at 96" may only handle 16,750 lbs at a 45' load center
Fork Length Extended forks (18–32 feet) add substantial cost
Negative Lift Ability to lower forks below ground level for water entry is a premium feature
Customization Wiggins and other manufacturers build to order, increasing cost but ensuring the right fit
Corrosion Protection Marine-grade paint, sealed electrical systems, and galvanized components add cost but extend lifespan
Power Source Diesel is standard; electric and hydrogen options are emerging but may carry premium pricing
Additional Costs to Consider
Beyond the purchase price, budget for:
Freight and delivery – Can add thousands, especially for oversized equipment
Taxes and fees – Government fees, dealer preparation, and document charges are not included in MSRP
Installation and setup – Especially if the forklift requires specialized infrastructure
Maintenance and parts – Marine environments are harsh; regular servicing is essential
Financing – Lease-to-own and equipment financing options are available through most dealers
How to Get an Accurate Quote
Because boat forklifts are highly customized, list prices are rarely the final price. To get an accurate quote:
Contact manufacturers directly – Wiggins (+1 805-485-7821 or sales@wigginslift.com), Toyota dealers, and TOPWIN
Specify your exact needs – Boat types, weights, lengths, lift heights, and operating environment
Request a total cost breakdown – Including freight, taxes, and any optional features
Compare multiple quotes – Prices can vary significantly between brands and dealers
Conclusion
Boat forklift prices in 2026 range from approximately $198,000** for a 20-ton TOPWIN model to over **$1.2 million for the largest custom-built machines. Toyota's high-capacity marina forklifts start around $350,000 for entry-level models, while Wiggins' custom Marina Bull line requires direct quotes. The used market offers more affordable options, but buyers must carefully inspect equipment and factor in "as-is" risks.
For marina operators, the right boat forklift is not just a purchase — it's a long-term investment in efficiency, safety, and profitability. Get multiple quotes, inspect used equipment thoroughly, and always calculate total cost of ownership before making a decision.