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Buying Tips Although vital for most jobs, excavators are an expensive investment, prices can top $100,000 and $500,000.The ‘compact’ models ranges from 10 to 20 tons and is roughly £130,000. Mid-tier or mid-size excavators in the 30 to 40 ton range are on average £275,000. The small excavators designed for working in tighter spaces are called mini excavators and depending on the size of the job can be a huge money saver. Prices There are ways to get around these hefty price tags, and the alternatives to buying new machines often make a lot more financial sense. Used- Always a good option if the job is for occasional use. Excavators are built for 8,000 to 10,000 hours of operation on them before major components need replacing. There are a lot of two to three year models that still have a couple of thousand hours of usage on them. Used models can be up to 25% cheaper, and still older excavators can be 50% cheaper than new ones. If the excavator is for everyday use, investing in a new one is recommended. Rentals- If you are in the market for a new excavator a great way to find one you need is to rent, or if you have a particular job rentals are a good option. Excavators can be rented for $500 to $1,200 a day or $4,000 to $15,000 a month depending on the size. Dealerships- A good dealer can make a big difference in keeping a construction job running smoothly and safely. Look for dealers that provide proper maintenance, servicing or that will send technicians to your site or pick up your excavator in case of significant repairs. |
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