Excavators are a common construction equipment that help you carry out large-scale digging and carry out construction works. The best part is that it will help you save time and money. But how much does an excavator cost? If you’re wondering how much do excavators cost, our guide will answer your questions.
CONTENT
1.How Much Does a New Excavator Cost?
2.How Much Does a Used Excavator Cost?
3.Additional Accessories for Excavators and Cost
4.Summarize
How Much Does a New Excavator Cost?
New full-size excavators cost between $100,000 and $500,000 and higher. The price of a new excavator varies depending on several factors, such as the brand, performance and size. Other factors will influence the price of a new excavator.
Small excavators (weight between ten and 15 tons) are the most popular purchase choice. Typically, you will pay between $75,000 and $150,000 to purchase them, although this will also depend on accessories and attachments that you have decided to add.
The weight of an excavator refers to the weight of the machine empty, but with water and fuel onboard. The larger the machine, the more expensive it is to purchase and operate. Mid-sized excavators – those 15 to 20 metric tons – cost between $100,000 and $200,000.
For a full-size excavator, one that weighs between 30 and 40 tons, be ready to spend from $150,000 to $500,000. That’s not cheap by any means but it is what you have to pay if you want a machine that can take on every job. It won’t break down on you and it will take much more abuse than some of the other types of equipment available today. Some smaller models may not even cost as much as $50,000.
How Much Does a Used Excavator Cost?
If you want a used excavator of good quality, this is your one-stop shop. A used excavator runs from a third to half the cost of a new machine. Most of these used excavators are available on a discount basis, from 25 to 50% of the original cost. The majority of new excavators range from $100,000 to $500,000; so used ones will cost between $50,000 and $250,000.
There are a lot of considerations when it comes to choosing a machine for various jobs. Excavator sizes range from small to gigantic. With 2,500 hours and five years of use, a medium-sized excavator would cost around $50,000 and $100,000.
A used two-year-old mid-sized excavator can be purchased from $75,000 to $125,000. The cost depends on the condition of the machine and what additional equipment is included.
The second factor that affects the price of used excavators is the hours on the machine. For example, a Cat 345B with 10 years of use and 4,000 hours may cost about $200,000. If that same machine has more than 10,000 hours of use, the price will drop substantially to $75,000-$125,000.
Additional Accessories for Excavators and Cost
Excavators are one of the most versatile pieces of heavy machinery. The most common accessories include hammers, couplers and buckets, but there are many more to choose from. Each additional part has an additional cost.
1.Augers
Augers are an important aspect of excavator use. Whether you’re installing trees, bushes, or structures like a driveway or foundation, you will likely need an auger to dig into the earth. The time and money spent using this piece of equipment will vary based on where you purchase it (from $1,000 to $3,000), but all augers have one thing in common: they make digging easy with minimal handwork.
2.Buckets
In order to make the process of excavation go smoothly, it is advisable to invest in a bucket for your excavator. You can choose from one of their wide array of sizes and models. They are priced at around $1,400 for 24” buckets and go up to $1,800 for 36” buckets.
3.Compactors
With a compacting machine, you can perform all kinds of compaction operations. Depending on the job at hand, you might need to use vibratory drum or vibratory plate compactors. The average price is usually between $3,000 and $6,000.
4.Couplers – Excavators
The excavator quick coupler system is necessary to help you change work tools easily and faster. The new generation of quick couplers has seen drastic improvements in design, efficiency and safety. These devices allow you to load and unload the excavator without leaving your seat, reducing the risks associated with accidents and injuries. There are 3 options to choose from: hydraulic, spring-loaded hydraulic or hydraulic with double acting cylinder. If you opt for a hydraulic coupler, be ready to spend between $5,700-$6,700; spring-loaded hydraulic – between $225-$2,500; hydraulic with double acting cylinder will cost somewhere between $1,900-$2,600.
5.Grapples
Dirt, rocks and other materials needs to be handled properly. Grapples for excavators are used for picking, moving and sorting materials.You need different types of grapples depending on your project. For example, land clearing, forestry, scrap, rock handling, and demolition will require you to use grapples meant for specific tasks. Grapples cost anywhere from $6,000 and above
6.Rakes
When you want to move debris fast, and in large quantities, you need to invest in a good set of tools. The right excavator rake will allow you to clear an entire area quickly and efficiently. You can spend around $780-$800 on these pieces — they may seem expensive, but they’re well worth the investment if you have a lot of work to do.
7.Multi-Processors
A multi-purpose processor is an indispensable tool for digging and excavating. Multipurpose processors are designed in such a way that they increase the versatility of the excavator through interchangeable jaws. The cost of these multi-purpose processors starts from $1,000.
8.Hammers
When breaking down complex materials, rock, and concrete, you can use an excavator hammer. The excavator hammer is attached to the excavator machine you are using and helps break up material. The machine you are using should inform your choice of the size of the hammer you need which range from $4,000 to $8,500.
9.Rippers
A Ripper is essential if you plan to excavate and strip open-pits. It comes in different sizes and depends on the size of your excavator. They can cost anywhere from $2,000 to over $6,000 depending on what you need
10.Thumbs
Excavator’s thumb comes in different sizes, and the size you need depends on your excavator’s weight and type. The cost also varies depending on the model of thumb you buy. To help you get started, you can spend as little as $700 for a thumb for a mini-excavator.
Summarize
Every construction project requires the use of an excavator. It is crucial, therefore, that you know the cost of excavator—used and new, the rental costs, and the cost of the various accessories and attachments.
Our goal is to provide the best excavating equipment and construction solutions at a great price. We also offer 24/7 service, so that you can schedule your project anytime.