{"id":27686,"date":"2022-01-31T15:25:35","date_gmt":"2022-01-31T05:25:35","guid":{"rendered":"https:\/\/www.machines4u.com.au\/mag\/?p=27686"},"modified":"2022-06-22T16:03:47","modified_gmt":"2022-06-22T06:03:47","slug":"whats-my-excavator-worth","status":"publish","type":"post","link":"https:\/\/www.machines4u.com.au\/mag\/whats-my-excavator-worth\/","title":{"rendered":"What\u2019s My Excavator Worth?"},"content":{"rendered":"\n<p><span style=\"font-weight: 400;\">So you have an excavator that you\u2019re ready to sell. But before you can list it anywhere, you want to know how much your excavator is worth. Read on to find out how you can get a general idea of its current market value.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Excavators come in a huge range of sizes, specs, and brands\u2014each of these identifiers will have an impact on how much someone is willing to pay for your excavator. On top of this, its age and the hours your excavator has been working will also make a dent on the final price.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In general, not taking any of the above indicators into account, new excavators can range from just a few thousand dollars, right up to $1M+.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">1. Establish the Excavator\u2019s Size<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The first thing to consider that will impact the value of your excavator is its size. For instance, a 1.8T mini excavator will have a lesser value than their 50T counterpart.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Excavator Sizes &amp; Price Ranges<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When coming up with a value for your excavator, the fastest way to get an idea is to look through machinery marketplaces such as <\/span><a href=\"https:\/\/www.machines4u.com.au\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Machines4U<\/span><\/a><span style=\"font-weight: 400;\">. Here, you can refine your results by operating weight and get a good starting point. Generally, the bigger and more powerful the excavator, the more it\u2019s worth.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mini (1 &#8211; 10T): $10,000 &#8211; $100,000+<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Small (11 &#8211; 18T): $60,000 &#8211; $180,000+<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Medium (20 &#8211; 35T): $70,000 &#8211; $200,000+<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Large (36 &#8211; 90T): $77,000 &#8211; $420,000+<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Extra Large (100T+): $300,000 &#8211; $1M+<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Please note: the above price ranges do not take into account the condition, hours or brand of the machines.<\/span><\/p>\n<p style=\"text-align: center;\"><strong>[Have an excavator to sell? <a href=\"https:\/\/go.machines4u.com.au\/machinery-estimate\" target=\"_blank\" rel=\"noopener\">Get a free machinery estimate here<\/a>]<\/strong><\/p>\n<h2><span style=\"font-weight: 400;\">2. Understand Its Current Condition\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now you have a basic idea of a price range, it\u2019s time to narrow it down. If you have a brand new machine, you\u2019re going to be able to ask for top dollar. But if you\u2019re not a machinery dealer, or in the business of buying and selling machinery, then it\u2019s highly likely your machine is in used condition. Here are a few things that will further impact your excavator\u2019s condition and therefore, the final sale price.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Working Condition<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Any excavator that is in good working condition and can do the job it was originally built for, will fetch a much higher price than an excavator you\u2019re scrapping or selling for parts.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Service History<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Similar to selling a car, buyers want to know if your excavator has been well maintained while in your possession. Generally, used excavators retain a relatively healthy value, especially if it\u2019s had a decent service history. If you can prove the machine has had continued scheduled maintenance, you\u2019ll be able to ask for more.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Age &amp; Number of Hours<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">These indicators do not always go hand-in-hand. It is possible to find excavators that are 10+ years old with lower hours than others on the market the same age. So if your excavator is starting to age, but hasn\u2019t been used all that much, you could still have some negotiation power.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Appearance<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Excavators are built for the dirt, but it\u2019s amazing how giving your excavator a good clean can also help you ask for more from the sale. Focus especially on the cab and interior, but don\u2019t neglect the exterior either.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><strong>[Have an excavator to sell? <a href=\"https:\/\/go.machines4u.com.au\/machinery-estimate\" target=\"_blank\" rel=\"noopener\">Get a free machinery estimate here<\/a>]<\/strong><\/p>\n<h2><span style=\"font-weight: 400;\">3. Is it a Sought-After Brand?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When people think of excavators, they think big yellow; Caterpillar. And it\u2019s true, Caterpillar is one of, if not, the most popular excavator brand in Australia. For this reason, Cat excavators will generally sell for more than other brands of the same size, tonnage, condition and hours. Other popular brands that tend to hold their value include Kubota, Komatsu and CASE.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">4. Are You Throwing in Attachments &amp; Extras?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Don\u2019t need the excavator or its attachments? If you make it a package deal this could be more attractive to your buyers, and could result in a higher price than if you sold the excavator by itself, without attachments.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">5. Take the Current Market Conditions into Account<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The last few years have been rocky to say the least, but it\u2019s had a significant impact on the market value of new and used machinery. Due to shipping delays, new excavators are hard to come by, which has caused buyers to flood to the used equipment market. For this reason, the market value for excavators has increased. This is why it\u2019s important to get a good idea of the current market, to see if your perceived machine\u2019s value is in line with its current market value.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not sure what\u2019s happening in the market, or perhaps want a second opinion? <\/span><a href=\"https:\/\/go.machines4u.com.au\/machinery-estimate\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Get your machinery estimate from the Machines4U team now<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So you have an excavator that you\u2019re ready to sell. But before you can list it anywhere, you want to know how much your excavator is worth. Read on to find out how you can get a general idea of its current market value.\u00a0 Excavators come in a huge range of sizes, specs, and brands\u2014each [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":27688,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7838,35],"tags":[123,2144],"yst_prominent_words":[],"class_list":["post-27686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction","category-featured","tag-construction","tag-excavator"],"_links":{"self":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/27686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/comments?post=27686"}],"version-history":[{"count":3,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/27686\/revisions"}],"predecessor-version":[{"id":29146,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/posts\/27686\/revisions\/29146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/media\/27688"}],"wp:attachment":[{"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/media?parent=27686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/categories?post=27686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/tags?post=27686"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.machines4u.com.au\/mag\/wp-json\/wp\/v2\/yst_prominent_words?post=27686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}