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Buying Tips There are a few features which are now considered essential, but dealers sometimes still pitch them as an added benefit. Such as the tier II engines which provide more torque and horsepower with better fuel economy. Also foam filled rubber tires, which are a little more expensive but a good option for tough environments like landfills or demolition sites.With the big output of expense that backhoe loaders can be, you need to shop around for a dealer who will also give you the best service plan and maintenance service to keep productivity high. Keep in mind that with the major investment that backhoe loaders are, they are also built to last. These tough and reliable machines stand the test of time for at least 10 yrs. So looking at the cost of new base-models with a 14’ digging depth, the average range is $90,000 and those over 16’ can be around $110,000. In the popular range of compact loaders that have a reach of 9’ to 10’ feet, the average price is $25,000 to $35,000. With these prices, financing is obviously a must. Dealers often offer good purchase financing through the equipment manufacturers. Leasing is also a good option, but generally only when interest rates are quite low, if not you may be better off purchasing the machine outright. Renting is possible, although generally works for particular situations. Loaders can be rented by the day, week, or month. Prices per day vary from $150 to $500. Weekly prices can be $600 to $1,500. Monthly averages are $2,000 to $3,000. Used backhoe loaders For some businesses buying used is the only way around these steep prices. But it’s important to find a dealer who also offers good maintenance and servicing as week downtime due to a malfunctioning loader can swallow up the savings. A loader with about 2,000 hours of use can be found for $30,000. This is a great deal as look as you’re looking at peeling paint and some dings rather than a failing transmission. |
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