Mini Excavator Prices
Mini excavator prices vary from $5,000 to $94,900 or more, subject to brand, size, configuration, attachment, or something else. There is also a huge gap in price between the brand new mini diggers and second-hand counterparts. As a consequence of this, the factors you should take into account will be more than you thought.
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Mini excavators, otherwise known as compact excavators or mini diggers, can complete small to medium landscaping, trenching, leveling, grading, backfilling, and drilling projects. Mini excavators for sale generally weigh no more than seven metric tons and are excellent for tight jobs. Typically, mini excavators have zero or almost zero tail swing, allowing the operators to move this heavy machinery around structures such as buildings.
Compared with medium or large excavators, mini ones necessitate less fuel. Additionally, this lightweight machinery can be operated on soft terrain without damaging pavements or sidewalks. Therefore, they are best for small-scale construction and farming projects, whereas larger excavators are well-suited to commercial construction projects.
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Ever since the COVID-19 outbreak, the global market has seen a drastic rise in mini excavator costs. In 2021, the small excavator prices rose 10% whereas medium excavators saw a 5% increase. This rise in prices is a result of a rapid increase in raw material prices, along with a significant increase in transportation costs.
Top Brand Mini Excavator Prices
Numerous mini excavator brands offer the perfect equipment to install hot tubs and pools. With impressive maneuverability and precision handling, this machinery is highly ranked for residential projects. From demolishing small structures such as sheds or barns to landscaping, mini excavators have replaced the need for larger machines.
| Best Mini Excavator Brands | Hot-selling Models | Prices |
|---|---|---|
| Caterpillar | 308E2 | $87,900 - $94,900 |
| John Deere | 30G | $52,000 - $55,000 |
| Kubota | KX040-4 | $50,000 - $80,000 |
| Yanmar | ViO35 | $45,000 - $55,000 |
| Bobcat | E26 | Around $40,000 |
| Takeuchi | TB215R | Around $20,597 |
| Doosan | DX35Z-7 | Around $54,196 |
| Sany | SY50U | Around $59,000 |
✮ The above results come from 2020-2021 customs data
1. Caterpillar
Caterpillar is one of the most famous mini excavator brands. Established in 1925, CAT is the largest supplier of heavy machinery. Similar to other machinery, their mini excavators are reliable and are made using high-quality material. You can opt from 24 different models of mini hydraulic diggers. The company indicates that 308E2 is their hot-selling mini excavator, and it is priced at $87,900 USD to $94,900 USD.
2. John Deere
When it comes to mini excavators, John Deere offers one of the best machinery on the market. The G-Series offer features like a reduced tail swing, auto-shutdown, etc. Compact excavators delivered by this company have 12 feet digging capability and will reach 20 feet. One of the top-selling mini trackhoe models is 30G owing to its low weight. It costs approximately $52,000 - $55,000 USD.
3. Kubota
Kubota mini excavators are the best if you intend to use this machinery on a small farm. Small excavating machines from Kubota can pick up treesand dirt, and pile up rocks. The KX040-4 holds the title of the most popular mini excavator for sale. A 2014 KX040-4 costs between $50,000 to $80,000 USD.
4. Yanmar
Compared to other brands, the small excavator prices at Yanmar are less. They introduced their mini excavator line in 1968 and have produced top-quality machinery since then. Features such as Smart Assist, portability, and quick couplers make them stand out. ViO35 is one of their best-received products and this mini trackhoe costs around $45,000- $55,000 USD.
5. Bobcat
With a reputation for well-designed equipment, Bobcat has 11 models of small-sized excavators for sale. The compact diggers produced by this brand are portable and come with hydraulic joysticks. Their machinery offers precision and fits in tight spots. However, Bobcat’s mini excavator costs are lower, making them suitable for people who want to rent out machinery. Bobcat’s E26 is popular and will provide great value for money. It costs around $40,000.
6. Takeuchi
Takeuchi is one of many mini excavator brands that has been manufacturing construction equipment for almost half of a century. Their compact excavator product line offers 14 models, and four models come with retractable undercarriages. The TB215R compact excavator is the best-selling product by the company and comes with rubber tracks. It costs around $20,597.
7. Doosan
Doosan is a Korean company that is renowned for its excellent construction equipment including mini excavators. All of their excavators come with improved auto-idle and are fuel-efficient. Doosan DX35Z-7 compact excavator is the bestselling because of its zero tail swing design and rounded shape. As one of the best mini excavator brands, their machinery offers an LCD monitor, a wider cabin, and a longer arm. It costs around $59,000.
8. SANY
Ranging from 1.6t to 8t, SANY mini excavators offer versatility and are multipurpose equipment. The latest models offer excellent value for money and have the best technical standards. It was labeled as the top mini excavator brand in China. The best model from this brand is the 2021 Sany SY50U, with an operating weight of 5,300 kg, and gross power of 29.1kW. It is priced at $59,000.
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Mini Excavator Prices in Different Countries
The mini excavator market is segmented by regions, where the majority of underdeveloped countries looking to purchase top-quality machinery. Let’s see a guide to mini excavator prices in Chile, Ecuador, Peru, and other countries.
Mini Excavator Prices in Chile
The development of mini excavators mainly depends on the development of urban construction. Due to its reliable and durable features, the price of a mini excavator in Chile ranges from $25,000 to $30,000.
Mini Excavator Prices in Mexico
With the expansion of the excavator market, the number of excavator manufacturers and varieties in various countries has increased rapidly, and the output has soared. Sales in Mexico include models from leading brands and manufacturers such as Bobcat, Caterpillar, John Deere, Hitachi, Komatsu and Volvo. Its price range is $46,000 to $50,000.
Mini Excavator Prices in Columbia
As a representative construction machine in urban construction, mini excavators have entered the stage of promotion and vigorous development. Prices for mini excavators in Colombia range from $42,900 to $50,000.
Mini Excavator Prices in Peru
The sales have experienced a mild expansion with a rise in the construction projects in Peru. From highways to several residential projects underway, the demand for mini excavators is on the rise. The mini excavator price in Peru ranges from $77,500 to $299,000. The brands preferred in the country are Komatsu, Volvo, Sany, and Hyundai.
Mini Excavator Prices in Ecuador
The Ecuador construction market size was valued at $15.4 billion in the year 2021. This market is expected to grow about 3% by 2026. It implies that the need for mini excavators is possibly increasing in the country. A mini excavator cost in Ecuador ranges from $45,000 to $75,000. SANY, CAT, and Shantui are some of the famous brands that supply compact excavators in the country.
Mini Excavator Prices in Argentina
After a three years decline in the construction industry, the excavator market saw a rise in 2021 in Argentina. China is the main supplier of excavators in Argentina, where about one out of six excavators come from their main exporter. The small excavator prices range from $20,000 to $250,000. The majority of companies in Argentina use SDLG, Michigan, Taurus, and Liugong.
Mini Excavator Prices in Guatemala
The mini excavator demand in Guatemala is increasing because of urban development. Whether it is a commercial or residential construction project, compact diggers can perform a variety of tasks. Bobcat, Hitachi, and CAT are mostly used. The mini excavator price in Guatemala range from $40,000 to $95,000. In this region, the trend of renting machinery is prominent.
Mini Excavator Prices in Costa Rica
The majority of excavators used in Costa Rica are second-hand. It has been applied in the urban construction of Costa Rica in batches, which has promoted the development of the local economy. Its price range is $79,200 to $91,300.
Mini Excavator Prices in Australia
Small excavating machine prices in Australia range from $30,000 to $70,000. The majority of construction companies opt for new mini excavators rather than used ones. The most popular mini excavator brands are Wacker Neuson Excavators, CASE, Volvo, Yanmar, and JCB. There are numerous construction companies that utilize new mini excavators in this region.
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How Much Does A Mini Excavator Cost?
Buying construction equipment is a smart investment, however, sometimes it is difficult to gauge what you are getting for the money. This is especially true if you are opting for used machinery. The purchase cost of second-hand mini excavators will differ with the hours used and its age. At face value, you might be attracted to the mini excavator at a lower price.
The Composition Of Mini Excavator Purchase Cost
It is imperative to look beyond the initial buying price because the total purchase cost includes several other components. Even though, some ownership costs are easily identifiable such as taxes, insurance, and the price itself; others might be tricky.
- Operating Costs
- Ownership Costs
Operating costs involve the appropriate level of insurance coverage for the operator. Another major cost to consider is fuel consumption. If fuel prices in your region are high, it is best to opt for fuel-efficient options. To calculate the fuel costs, you will need to multiply the excavator’s consumption rate by the gallon cost. Wear and tear along with the part replacement on your excavator is another major operating cost. Attachments to an excavator are also crucial to determine in order to calculate the total purchase cost.
The ownership mini excavator cost is dependent on your payment method. If you choose to purchase a mini excavator on loan, then installment and the interest rates are major considerations. As a buyer, you must also include the delivery charges and the setup costs incurred.
4 Factors That May Affect The Cost Of A Small Excavator
If you are looking to purchase a mini excavator, remember that the seller will take numerous factors into account before sending a quote. Some of the factors that impact mini excavator cost are:
- Fuel Costs - These costs play a major role in impacting the cost of an excavator. Contingent upon the horsepower and the consumption of fuel, your operating costs will vary. For this reason, you must look at the fuel trends.
- Brand Awareness - Brand awareness impacts the price of a product. The excavator industry is no different. As a result, mini excavators by renowned brands tend to have a higher price compared to ones that you have not heard of.
- Maintenance and Repair - An often neglected component that determines small excavator prices is the frequency and requirement for repair and maintenance. If a machine does not require servicing regularly, that will have a higher cost. On the contrary, mini excavators that require regular maintenance have a lower upfront cost.
- Key Components - Different parts of a mini excavator such as the engine and hydraulic system will also determine the cost of purchase.
Reason Why Purchase Cost Varies With Brands and Regions
If you are in the market to buy a brand new mini excavator, you will notice a broad range of prices across brands and the regions. The main reason why purchase cost varies is dependent on the raw materials used by a company, the features it provides, and the overall quality of the product. Moreover, transportation of this heavy equipment changes the price across different regions.
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How To Buy A Mini Excavator Wisely?
It’s amazing to see so many new mini excavator brands entering the market. However, this wider choice can make it harder for a buyer to opt for the right product. If you are not sure which model is right for you, contemplate the following variables before buying:
5 Variables To Consider Before Buying a Mini Excavator
- Cost - The major factor that determines your choice is the cost of the equipment. Highly-priced machinery can be a limiting factor for small and medium companies. Small excavator prices tend to be affordable for small companies.
- Size - The size of the excavator required for the project should be a deciding factor. Mini excavators are compact and are best suited for small farming and residential projects.
- Type of Boom - Mini excavators generally come with a knuckle, swing, or fixed boom. It is important to learn the difference between them to understand which one will work for you.
- Variety of Attachments - If your project requires specialized attachments, then ensure that the mini excavator you opt for is compatible.
- Site Terrain - The type of mini excavator you require should be able to match the job site terrain. Although the majority of compact excavators come with rubber tracks, you might require metal tracks for uneven surfaces.
Are Second-Hand Mini Excavators Worth It?
With a huge price difference in the new and used mini excavator cost, it is tempting to opt for a second-hand machine. Let’s look at the pros and cons of purchasing a second-hand excavator:
- Pros
- Gets the job done just like a new machine
- A major difference in purchase cost
- Using an old machine will decrease the carbon footprint that will emerge from producing a new mini excavator
- Cons
- You will not be able to avail customer service or warranty.
- Might not be as efficient as a new mini excavator for sale
- Decreased reliability
- It may be difficult to find replacement parts
Verdict
A detailed inspection should be conducted on a second-hand mini excavator to check for signs of leaks, excessive wear, rust, dents, and repair welds. You will then be able to decide whether it is worth it or not. If a mini excavator is close to being out of order, investing in it will not be a smart idea.
