Introduction
Are you the one who is looking for a mini excavator which best matches all your requirements? Here we can help you by solving your problem. An excavator is one of the most critical construction equipment for a work site. Mini excavators are used for leveling, backfilling, drilling, trenching, bowling, removing stumps, and gardening.
Here you will learn a lot about mini excavators’ prices. All you need is to keep reading the article till the end. So let’s get started!
Mini excavators are also compact excavators and are best for small jobs.
Mini excavators have a variety of uses. That’s why they play a vital role on the construction site.
The excavators are outstanding moving automobiles with arms, rotating cabs, multiple buckets, and movable tracks. Any project that requires digging is made easier with a mini excavator. This machine has various attachments that increase its use and improve its working ability.
However, a mini excavator must be operated by someone who understands its proper use. The rotating cab of a mining excavator provides complete visibility, which makes work easier. Your small excavators can easily maneuver in tight spaces.
It is best for grading mining heavy lifting tasks. If you are working on a small garden, mini excavators are the best moving vehicles you need.
Note that the costs vary for the new or used excavator across multiple countries and brands.
Features of mini excavators
Any excavator that weighs less than seven metric tons is termed a compact excavator. Mini excavators are satisfactorily suited for a wide range of demolition projects. When digging a mini-excavator, 3,000– 3,999 pounds can dig a 7.8-foot deep hole. The feature of this little digger provides superior digging power.
The best mini excavator has a maximum life span of about 10,000 hours, but extreme workload and low maintenance can swiftly reduce it to 8,000 hours. So good maintenance is essential.
Looking for the best compact excavator with the best hydraulic hammers and powered attachments? Here you will know everything about the cost of new, rental, and old excavators. So let’s dig!
How Much Does A New Mini Excavator Cost?
New excavator costs between $25,000-$100,000. Though the price range primarily depends upon the accessories you need. Bobcat’s E26 is the best budget option when talking about a new mini excavator. It will help to get most of your work done at a reasonable price of $40,000.
The cost of a mini excavator certainly depends upon the size of the machine, depth of digging, features you want, and horsepower. For $30,000-$40,000, you can purchase a new full-sized excavator with up to 10 feet of dig depth and 20-30 horsepower. For a price range of $60,000, you will get 12 feet did depth and 40-plus horsepower.
If you want additional features like a big seized bucket, or power attachments, such as augers, plan an additional $5,000.A new compact excavator accommodates you with everything like augers, grapples, blades, and tracks, saving you a lot of money.
The benefits of a new mini excavator
The new mini excavator has several benefits. They have maximum power, better fuel consumption, and high efficiency. One of the best advantages of the new mini excavator is that it is often less costly than rending a standard excavator. Moreover, technological innovations have modern mini excavators easy to operate.
The modern machine can perform various simultaneously, such as slewing, digging, and driving. Another essential feature of the modern mini excavator is the “ZERO TAIL SWING”.
With the help of this feature, an excavator never exceeds the width of the track while turning. The newer models have expanding tracks that enable them to fit through small gates. They work best in tight spaces.
Quality of new mini excavators in China
Over the years, China has provided the best quality mini excavators. Some famous brands such as Kubota, Caterpillar, and John Deere are the leading manufacturers of mini excavators in China. The products these brands provide have high quality and a considerable reputation over the years.
China is one of those countries in Southeast Asia where you can find premium quality mini excavators. Due to their dedication to unique features, quality, and best prices. Due to the massive concentration of factories in China, it has become difficult to judge merely from the mini excavator’s appearance whether it is good quality.
Here are some tips which will help you to buy a premium quality excavator from China:
- Make sure the excavators contain all the parts you need.
- Check for the throttle valve. It allows the stable weight of your excavator.
- Make sure the seats are covered with shock-absorbing fabric.
How much does renting a mini excavator cost you?
Renting a mini excavator is a great way to accomplish your task without worrying about buying a new or an old one. The cost of renting a mini excavator depends on the model, weight, duration, and dealer you rent through.
However, mini excavators have an average rental of $2,00-$5,00 per day. A heavy-duty model can cost you around $3,000 per day. Renting a single excavator for a week or month usually saves much more money than renting for a day. Moreover, renting for a week can save you around 20-30% of the average daily price.
Monthly rental for long-term projects is preferable because it saves a lot of money. Attachments usually demand separate rentals with an average cost of $50-$500 per day, depending on the type of attachment.
Factors that affect the cost of rental or used mini excavator.
Renting excavators is a significant relief than buying a new one, but some factors affect the rental cost. The factor that affects the cost of rental is the duration. Most companies offer daily, weekly, and monthly rental contracts. As mentioned earlier, monthly rentals are preferable. The second factor that affects the cost is the pickup and delivery.
Many companies charge additional fees to deliver your equipment to your site. The additional attachments and accessories also require additional cost. The fuel to run the machine is another hurdle unless you are renting the excavator for a short period. Make sure you find a reputable dealer for your used full-sized excavator.
Used excavator cost estimates
It is not disputing that new mini excavators are costly, which is why it is considered to use an old one. Many old excavators are available at discounts like 20%-50% of their original cost. As mentioned earlier, the preponderance of new excavators costs around $25,000-$100,000, whereas the used ones efficiently cost around 20,000-40,000.
Mainly the cost depends upon the condition of the mid-sized excavator. If you opt for a two-year-old mining excavator, you will need to pay $15,000-30,000 depending upon the brand and quality. If the same mid-sized excavators are used for more than 2,000 hours, the price will reduce significantly.
Pros and cons of an old mini excavator.
The old mini excavator has its advantages as well as some disadvantages.
Pros
The prime advantage of buying an old mini excavator is that it is easy to find an excavator within your budget. Used excavators always come with safety features such as pre-cleaners and double-locking quick hitches.
Cons
However, getting an old mini excavator can also be disadvantageous. For example, a used excavator’s performance and efficiency are always low. Its performance has no comparison with a new one. A used excavator will always demand more care and high maintenance costs.
Cost Comparison of rental, used, and new mini excavators.
After reading the article, you may have understood the importance of pricing for your job. But still, selecting the right excavator for your work is the most critical task. Picking up the right excavator with precision according to your budget may be difficult. So, here is the solution to your problem.
Let me compare the cost of the rental, used, and new mini excavators to make your decision easier.
New Mini Excavator Costs
A new mini excavator provides you with a variety of benefits and multiple functions. With the range of $30,000-$100,000. A new compact device is preferable if you have a long-term project. Kubota is here to help with the cost of as little as $20,000.
Rental
A mini rental excavator, which costs around $10,000-$15,000 monthly, is preferable for a short-term project.
Second-hand/Used
A used mini excavator of around $20,000-$30,000 is budget friendly if you have a long-term project and a tight budget.
Conclusion
Compact elevators are the perfect equipment for tight space jobs. They make your jobs easier. After reading the article, you must have got basic information about the prices of new, used, and rental mini excavators. All categories contain their advantages and disadvantages.
However, choosing the best manufacturer is always essential. A reliable manufacturer makes your work easier and saves a lot of time. Actually, it can be much cost-saving if you choose to buy one mini excavator from China. There are many blogs here you can read on how to buy it from us.
Are you looking for the best mini excavator manufacturer? You don’t need to worry more. We are an experienced and reliable mini excavator manufacturer. Contact Us now to get your quote.