Forklift smoking? Think you need a new engine? Here are some “ball park” estimates for the price of a remanufactured engine. Keep in mind this does not include labor to replace engine, shipping costs or accessory parts such as new water pump, belts, filters, etc.
Prices below do not include labor. Labor to install a remanufactured engine usually runs around 24 hours. If your forklift has a cab (making it more difficult to remove the engine), you should add around 8 hours. Labor usually runs anywhere from $75 – $140 per hour depending on where you are located. In other words, labor can run anywhere from $1800 – $3360 plus the costs below.
Need more help trying to figure out if your old forklift is worth replacing? Check out this article here.
GM 181 (used in Hyster and some limited Yale forklifts) $3000-3300
GM 4.3 engine (used in Hyster, Yale, and Toyota forklifts) $2400-2700
Mazda F2 engine (used in Yale and Hyster forklifts) $3100-3350
Mazda FE engine (used in Yale and Hyster forklifts) $2700-3000
Nissan H20 (used in Komatsu, TCM, and Nissan forklifts) $2000-2300
Mitsubishi 4G54 4G52 (used in Clark and Mitsubishi forklifts) $3000-3200
Toyota uses its own 4Y engine in its heart of the line forklift models such as 8FGCU15, 8FGCU25.
Check out pricing on a brand new here!