Excavator prices vary widely based on size, condition (new vs used), brand, and features. Below are typical cost ranges you can expect in 2025
1. New Excavator Costs
| Excavator Type | Typical Price Range (USD) |
|---|---|
| Mini / Compact (1–6 t) | ~$2,000 – $15,000+ |
| Mid-Size (7–25 t) | ~$16,000 – $30,000+ |
| Large (26–45 t) | ~$30,000 – $60,000+ |
| Extra-Large (50+ t) | ~$80,000 – $1,50,000+ |
China Brand Excavator
Small excavators from Jining, Shandong, are priced very low, so their product quality is also mediocre.
2. Used Excavator Prices
Used machines are significantly cheaper, but price depends on hours of use, condition, and age:
| Used Excavator Weight | Typical Price Range (USD) |
|---|---|
| Mini / Compact | ~$3,000 – $15,000+ |
| Mid-Size | ~$16,000 – $20,000+ |
| Large | ~$21,000 – $35,000+ |
| Extra-Large | ~$36,000 – $500,000+ |
A well-maintained excavator with fewer hours can fetch a much higher resale price.
3. Other Cost Considerations
Buying the machine is only part of the total cost. You should also budget for:
Operating & Ownership Costs
Maintenance & repairs: $5,000 – $20,000/year
Fuel: $8,000 – $25,000/year (depending on usage)
Attachments (buckets, breakers, grapples): $1,000 – $10,000+
4. Rental & Hire Options (Short-Term Use)
If you don’t need to buy a machine outright, renting or hiring can be economical:
| Option | Typical Cost |
|---|---|
| Daily rental | ~$150 – $500+ (size dependent) |
| Weekly rental | ~$2,000 – $5,000+ |
| Monthly rental | ~$5,000 – $15,000+ |
| Hire with operator | ~$100 – $300 per hour |
Hiring with operator costs more but includes labor.
5. What Affects Excavator Price?
Key factors that influence the cost include:
✔ Brand & model (Caterpillar, Komatsu, Volvo tend to be pricier)
✔ Machine size & power
✔ Attachments & technology
✔ Condition, age, hours used
✔ Market demand & location