Manitou MLT 840 Financing Calculator
telehandlers · Est. Market Price $115,000 · More Manitou financing
Updated
The Manitou MLT 840 pairs a 130hp engine and 18,521 lb operating weight, placing it in the mid-size tier of the telehandlers market.
At 130hp, the Manitou MLT 840 sits at the lighter-duty end of the horsepower range for telehandlers models tracked here (26% of the category's top horsepower figure). By operating weight, it comes in at 8% of the heaviest telehandlers model in this dataset.
Priced at $115,000, the MLT 840 is modeled here as a 60-month $1-buyout capital lease at an estimated 8.25% APR — $2,361/mo, building to full ownership at term end. For financing at this level, at this price point, most commercial lenders will want to see at least 1-2 years of time in business before offering their best rates. Across the full 60-month term, total payments come to $141,652 — about $26,652 above the $115,000 cash price, which is the real cost of financing instead of paying up front.
At an estimated $2,361/month, this ranks #7 of 17 by estimated payment among currently priced telehandlers models — 16% below the telehandlers average of $2,813/mo.
On the tax side, this $115,000 purchase is Section 179-eligible under the 2026 cap of $2,560,000, and 100% bonus depreciation -- back in effect for equipment placed in service after January 19, 2025 -- means a qualifying buyer could potentially deduct the entire $115,000 in the year it's placed in service rather than depreciating it over several years, subject to the buyer's own taxable income and CPA sign-off.
Estimated Monthly Payment
Estimated Commercial APR including doc/origination fees. Adjust the slider to personalize the rate for your credit tier.
$2,360.87/mo
Base APR: 8.25% · 60 months
| Month | Payment | Principal | Interest | Balance |
|---|
Asset Specifications
| Make | Manitou |
| Model | MLT 840 |
| Category | heavy-construction |
| Subcategory | telehandlers |
| Horsepower | 130 hp |
| Operating Weight | 18,521 lbs |
| Lift Capacity | 9,000 lbs |
| Estimated Market Price | $115,000 |
| Max Lift Height (ft) | 24.8 |
| Max Forward Reach (ft) | 14.7 |
Section 179 Tax Deduction Matrix
Estimates for illustrative purposes only. Consult a certified CPA to determine actual Section 179 depreciation. Source: IRS Publication 946 .
| Estimated Equipment Price | $115,000 |
| 2026 Section 179 Cap | $2,560,000 |
| Eligible Deduction | $115,000 |
| Federal Corporate Tax Rate | 21% |
| Estimated Tax Savings | $24,150 |
| Effective After-Tax Cost | $90,850 |
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Frequently Asked Questions
What is the estimated monthly payment for a financed Manitou MLT 840?
An estimated $2360.87/month over 60 months at a base APR of 8.25%, including a $750.00 doc/origination fee.
Does the estimated payment change based on credit score?
Yes. The calculator above has 5 credit tiers, each adjusting this machine's 8.25% base APR: Subprime 12.75%, Fair 10.75%, Good 8.25%, Very Good 7.50%, Prime 6.75%. "Good" is the default tier shown; drag the slider to see the exact payment at your tier.
Is the Manitou MLT 840 eligible for a Section 179 tax deduction?
Yes. Under the 2026 Section 179 cap of $2,560,000, qualifying businesses may be able to deduct the full purchase price in the year it's placed in service, subject to CPA verification.
Does 100% bonus depreciation apply to a financed Manitou MLT 840?
Bonus depreciation was restored to 100% for equipment placed in service after January 19, 2025, and it applies more broadly than Section 179 -- it isn't capped by the $2,560,000 Section 179 limit and generally isn't affected by a business's Section 179-eligible income limit. Financing rather than paying cash doesn't disqualify a purchase from this: the full $115,000 placed-in-service cost is typically what counts, not the amount actually paid that year. Confirm applicability with a CPA before filing.
What's the total cost of financing this Manitou MLT 840 versus paying cash?
Over the full 60-month term, estimated payments total $141,652 -- about $26,652 more than the $115,000 cash price. That difference is the estimated cost of financing (interest plus the $750.00 doc fee) rather than paying up front.
How much would a down payment lower the monthly payment on this Manitou MLT 840?
Putting 10% down ($11,500 on this Manitou MLT 840) reduces the estimated payment from $2,361/mo to roughly $2,126/mo at the same 8.25% estimated APR -- a real reduction, since a down payment lowers the amount actually financed rather than just the sticker price.
What is the typical resale or auction value for a Manitou MLT 840?
Estimated 5-year residual value is approximately 38.5% of MSRP.
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