Used Telescopic Boom Lift Financing

Straight reach, no bends, maximum horizontal outreach: that is the geometry a telescopic boom does better than anything else on the yard. A used Genie S-65 XC gets you 65 feet of platform height and roughly 56 feet of outreach, which is enough to work the curtain wall on a five-story commercial building from a single ground position. Buy that machine used and you are likely looking at $75,000 to $110,000 depending on hours and year, instead of $150,000 to $180,000 new. The value case is solid, and we fund it.

We finance pre-owned telescopics from any major manufacturer including JLG, Genie, Haulotte, and Snorkel, from our $50,000 floor up through deals that require full financial documentation. The sweet spot is $100,000 to $150,000, right where the mid-hour used market for 60-foot and 80-foot diesel booms tends to price. Short-doc to $400,000, B and C credit considered, funding in roughly two weeks once the deal is structured.

The used telescopic market is dominated by a handful of height classes that construction and industrial buyers come back to repeatedly. Sixty-foot diesel rough-terrain units like the JLG 600S and Genie S-60 are the workhorses: they handle most commercial construction and industrial maintenance tasks, they are widely available used, and their residual values hold reasonably well. Eighty-foot units like the JLG 800S and Genie S-80 are the next tier up, widely used in structural steel and industrial plant work. Above 100 feet, units like the Genie S-125 are more specialized but still trade actively in the used market.

When we look at a used telescopic, hours on the meter relative to the machine's age is the primary variable. A 2016 JLG 600S with 2,200 hours has been worked steadily but not hard for its age. A 2016 unit with 6,500 hours has been in heavy rotation: still fundable in many cases, but the term and advance rate may be tighter. We also look at the drive class. Four-wheel drive rough-terrain units carry stronger resale than two-wheel-drive slab units of the same height, because the RT models have broader application across outdoor job types.

Electric slab telescopics are a smaller segment of the used market but worth mentioning. If you are buying a used electric unit for interior or zero-emission work, the battery condition is a key variable. We consider those deals but will ask about battery age and condition.

The typical buyer we see for a used telescopic falls into a few categories.

The owner-operator scaling up. Running one rental unit on every job gets expensive fast. Owning a 60-foot diesel you paid $85,000 for and carry at $1,800 a month beats renting at $3,500 to $4,500 a week on longer jobs. The math closes fast if you have six or more weeks of work per year for the machine.

The contractor adding a height class they do not own. A general contractor who already owns a 40-foot might add a used 80-foot to handle structural steel or rooftop mechanical work without renting every time. A second-tier boom expands what you can bid without adding overhead.

The rental yard growing pre-owned inventory. Rental operators often buy used to fill gaps in their fleet without competing on new-unit pricing. A used 65-foot at $90,000 goes on rent at similar rates as a new unit and starts generating return faster because the entry cost is lower. We structure multi-unit deals for yards buying two or three booms at once.

If you are a electrical contractor or a structural steel crew, the used telescopic is often the first owned aerial you add because the straight reach profile covers the majority of your high work.

The process is direct. You find the machine and send us the details: year, model, serial, hours, asking price, and who you are buying from (dealer, rental yard, or private seller). We evaluate it alongside your bank statements and the application, then come back with terms. For most deals in our short-doc window, that conversation happens inside 48 hours of receiving the documents.

Once you approve terms, we issue a funding commitment and coordinate directly with the seller or their floor plan bank. You do not have to manage the wire yourself. We close it, the seller releases the title, and you take delivery.

On a used telescopic, we can structure a standard term loan with a fixed monthly payment, a lease with a buyout at term end, or a dollar-buyout lease if your intent is full ownership and you want to capture the Section 179 depreciation deduction in the acquisition year. Talk to your accountant on the tax structure. We accommodate whatever structure works best for the operation.

Tell us the model, year, hours, and price. We will have terms back fast. We fund used telescopics from 40 feet to 185 feet, diesel or electric, dealer or private-party. Check our general used boom overview if you have not committed to a telescopic yet, or go straight to our used boom financing options to understand the structure choices available to you.