What is the Cheapest Excavator You Can Buy?

It can suck trying to find the balance between cost and quality. While cheaper options sound alluring, they could end up costing you more in repairs and maintenance. Continue reading to find out how you can find the best deal on an excavator you can rely on at a price you can afford.

When buying an excavator, you don’t have to sacrifice quality for a lower price. By researching various models, brands, and whether new or used, you can find affordable options that meet your needs. This guide covers the factors influencing price, pros and cons of cheap excavators, and where to find the best deals.

Now that you know what affects the price of an excavator, let’s break down some of the most affordable models and dive into the pros and cons of each.

Cheapest Excavator

What Factors Influence the Price of an Excavator?

Before we dive into the specific models of the cheapest excavators, you need to understand what controls the price of an excavator. The price of an excavator depends on a combination of brand, features, condition, and a few other critical elements.

Brand

Brand Reputation: One of the biggest things that will drive price is the brand. CAT, Komatsu, and Volvo will always demand a higher price because of their long-standing, proven reputation for quality and dependability in the industry. There are cheaper options available from Chinese brands like XCMG, Liugong, and SDLG. These are quality machines at a lower price than the more well-known brands.

BrandPrice RangeQualityWarranty
CAT$50,000 – $200,000High1-5 years
Komatsu$45,000 – $180,000High1-5 years
XCMG$25,000 – $45,000Moderate1-2 years
Liugong$20,000 – $40,000Moderate1-2 years
SDLG$30,000 – $60,000Moderate to Good1-2 years

Model and Features

The specific make and model of the excavator along with the features you choose will also make a huge difference in the total price. A tracked excavator with all the bells and whistles; improved fuel efficiency, hydraulic package, and all the other options, will cost you more. On the other hand, a mini or compact excavator will cost less, but will also have less capability to do work.

Excavator TypeTypical Price RangeCommon Features
Mini/Compact$15,000 – $40,000Small size, lightweight, fuel-efficient
Standard$40,000 – $100,000Versatile, moderate power
Large$100,000 – $200,000High power, high capacity

New vs. Used Excavators

New or used is another consideration that will impact price. A new excavator comes with the most recent technology and best warranties, but it will by far be the most expensive option. By comparison, a used
excavator will be a lot cheaper, and it still might be the best bet if you are smart about your purchase.

Excavator ConditionPrice RangeProsCons
New$50,000 – $200,000Latest tech, warranty, low maintenanceHigher initial cost
Used$15,000 – $50,000Lower cost, available in good conditionRisk of wear and tear, no warranty

Age and Condition

The older the excavator, the less it should cost. However, the more use a machine has had, the more you will need to maintain or rebuild it. As with any used machine, have it looked at by someone who knows before you buy it.

Excavator AgePrice RangeMaintenance NeedsLongevity
Brand New$50,000 – $200,000Low, covered under warranty8-10 years
3-5 Years Old$30,000 – $100,000Moderate, fewer repairs needed5-8 years
Older than 5 Years$15,000 – $40,000High, frequent repairs3-5 years
Cheapest Excavator

Is It Worth Buying the Cheapest Excavator?

Buying the cheapest excavator on the market is one approach. Sometimes, people go for the bottom line and are delighted with the results; more often than not, there can be regrets. Let’s look at the good and the bad when considering buying the absolute lowest cost option.

Advantages of Cheap Excavators

The biggest benefit to buying a cheap excavator is the cost savings. A smaller excavator that can get the job done with a cheaper price tag sounds great, as does a used model, or a lesser-known brand that costs less than others.

AdvantagesDetails
Cost-effectiveLower initial cost makes it accessible to small businesses and contractors.
Good for Short-Term ProjectsIdeal for small-scale tasks and projects with a limited budget.
Availability of Used ModelsBuying used machines can offer excellent savings without compromising much on performance.
Easy to OperateMany budget-friendly models are designed to be user-friendly, making them a good choice for beginners.

Disadvantages of Cheap Excavators

However, you usually end up paying for the cheaper cost in the long run. Cheaper excavators often require more maintenance, consume more fuel, wear out sooner, or have a smaller work load rating.

DisadvantagesDetails
Higher Maintenance CostsFrequent repairs can add up over time.
Lower Fuel EfficiencyOlder or cheaper models tend to consume more fuel, increasing operational costs.
Limited CapabilitiesBasic models may not perform well on more demanding tasks.
Resale ValueCheaper models may have a lower resale value due to wear and tear.

The Cheapest Excavators on the Market Today

There are new options on the market with new models and brands. Here are some of the most popular. Used: If you would like to go with a used option you have a lot of popular, budget-friendly brands to choose from as well. Remember, whatever you buy (whether new or used) you want to check the resale value, operating costs per hour such as fuel and maintenance, and repair parts.

Used Excavators vs. New Excavators

Here’s a more in-depth look at the difference between buying a new vs. used excavator:

FeatureNew ExcavatorUsed Excavator
PriceHigher (Starting $50,000)Lower (Starting $15,000)
WarrantyIncluded (1-5 years)Usually no warranty
ConditionExcellent, zero wear and tearVaries, may have wear and tear
Maintenance CostLow in the first few yearsHigher due to age and usage

Top Budget Brands

If you’re looking for the cheapest excavator, there are several budget-friendly brands worth considering:

BrandNotable ModelsPrice RangeOperating WeightEngine Power
XCMGXE60, XE75, XE150$25,000 – $45,0005,000 kg – 15,000 kg55 kW – 120 kW
Liugong906D, 950E, 909D$20,000 – $40,0005,000 kg – 16,000 kg60 kW – 115 kW
SDLGE6150F, E6600F$30,000 – $50,0006,000 kg – 18,000 kg70 kW – 130 kW

These brands provide affordable, dependable machines perfect for small to medium construction projects.

Specific Models and Their Prices

Here’s a detailed look at specific models that are considered the cheapest excavators available:

ModelPrice RangeBrandOperating WeightEngine Power
XCMG XE60$25,000 – $35,000XCMG6,000 kg55 kW
Komatsu PC200$35,000 – $50,000Komatsu20,000 kg118 kW
Liugong 950E$30,000 – $40,000Liugong15,000 kg115 kW
Kubota U17-3$15,000 – $25,000Kubota1,700 kg18 kW
Cheapest Excavator

Where Can You Buy the Cheapest Excavators?

Where is the best place to find the cheapest excavator for sale? Here are some places and methods you may want to consider as you look to find the right machine for your needs.

Online Platforms

The internet provides numerous places to purchase new and used excavators. Some of the top places people look for good deals include:

PlatformBest ForProsCons
AlibabaGlobal sellers, large inventoryCompetitive pricing, varietyPotential shipping delays
Made-in-ChinaChinese manufacturersAffordable pricingLimited warranty on used models
Machinery TraderDealer listings, auctionsVerified sellers, equipment condition often listedPrices can be higher than individual sellers

Local Dealerships

If you prefer to buy locally, a certified dealer usually has used machines with warranties and maintenance packages. Your local dealer also provides after-purchase service.

Auctions and Liquidation Sales

Another good way to find a cheap excavator is to go to an auction or liquidation sale. These are places where they often have heavy equipment they sell off for pennies on the dollar. Of course, when you’re doing this
option, you need to look at the equipment before you buy it.

Certified Dealers

Buy from certified dealers. If they’re an authorized dealer, they have to go through the equipment and inspect it—test it, fix it. They usually offer a service package on the thing and a warranty if you buy it.

Are Cheap Excavators Reliable for Long-Term Projects?

When looking at a cheap excavator, don’t just look at the price up front. Look at it from the overall perspective of total utilization and longevity, especially if you have long-term projects. Sometimes the cheaper machines ultimately cost you more in terms of their longevity and reliability.

Longevity vs. Price

The first thing is price versus longevity, and if this cheap excavator at a price seems like a great deal, you need to realize that the machine is not going to last as long. That’s especially true with budget-friendly excavators, especially older machines and/or lower-tier brands nobody has ever heard of. They just don’t last as long. You may end up spending a lot more in the long run on maintenance just to keep that dog going year after year. Alternatively, you can spend a little more on a better brand and buy something that lasts longer. Then two or three years later when you’re done with it, you can sell it again.

Excavator TypePrice RangeExpected LongevityMaintenance CostBest for
Cheap Excavators$15,000 – $40,0005-7 yearsHighShort-term projects
Mid-Range Excavators$40,000 – $100,0007-10 yearsMediumMedium-term projects
High-End Excavators$100,000 – $200,00010+ yearsLowLong-term projects

Maintenance Considerations

Your second consideration with a cheap excavator focuses on maintenance. An older machine or a no-name brand might not be as reliable. The components go bad faster, and you must buy replacement parts more frequently. However, the big thing with a cheap excavator is availability. You can walk into any CAT dealership, and within two hours they can have a particular part for your machine. You can’t always make that same statement with 100% confidence about the budget machine and its parts and service availability. Period. So, depending on the overall cost, you must figure out how much you’re willing to pay for parts, and how long you’re willing to wait for those parts to arrive.

Key Maintenance Considerations:

  • Frequent Repairs: Older or budget excavators may require more frequent maintenance.
  • Parts Availability: In some cases, the cost of parts for budget models can be higher due to their limited availability.
  • Labor Costs: If your machine requires frequent repairs, labor costs can quickly add up.
Excavator BrandCommon Maintenance IssuesRepair FrequencyParts Availability
XCMGHydraulic system, engine partsMediumMedium
LiugongTrack system, fuel injectorsHighHigh
CATEngine, air conditioningLowVery High

Best Practices for Extending the Life of a Cheap Excavator

The third consideration is maintenance. With a cheap piece of equipment, maintenance is a critical component to getting the longest life you can from it. Proper care and feeding definitely pay off down the road. Proper maintenance can delay the inevitable big repair bill and makes the machine last longer. Plus, it helps the machine perform better, all resulting in more money in your pocket.

Best Practices:

  • Regular Oil Changes: Change the oil as recommended by the manufacturer to reduce engine wear.
  • Replace Worn-Out Parts: Stay on top of small repairs to prevent larger issues from arising.
  • Keep it Clean: Regularly clean the excavator to prevent dirt and debris from causing mechanical issues.
  • Inspect Daily: Perform routine checks on essential parts like tracks, hydraulics, and tires.
Maintenance TaskFrequencyCost RangeImpact on Longevity
Oil ChangesEvery 250 hours$200 – $500High
Track InspectionsEvery 500 hours$500 – $2,000High
Hydraulic ChecksEvery 300 hours$100 – $1,000Medium
Cheapest Excavator

Common Mistakes to Avoid When Buying a Cheap Excavator

Thinking of buying a cheap excavator? Good for you. But don’t just glance at that price tag and decide the cheapest one is better. Now, you know why it might cost less and what it might cost you. Now, just don’t make the mistake and go out and buy based on the initial sticker price.

Overlooking Quality for Price

One of the big mistakes is just buying one based on price. You want to buy the cheapest machine you can buy. That’s great. Save two or three thousand dollars today, but what’s it going to cost you down the road? The savings today will be gone, and it may cost you four or five, or whatever, to fix repairs that never end. If you have a better machine that costs a little more, make sure it’s going to increase your lifespan and save you repair costs over time, which is more money in your pocket.

Quality vs. Price Breakdown:

Price CategoryMachine QualityLong-Term SavingsRisk of Repairs
Cheap ExcavatorsModerate to LowLowHigh
Mid-Range ExcavatorsGoodMediumMedium
High-End ExcavatorsExcellentHighLow

Ignoring Total Cost of Ownership

Now, consider more than just the initial price. What’s the true cost per hour to run that excavator over the life of the machine? That’s going to involve fuel costs and how much fuel it burns per hour. But the big thing is just your repair costs. All the money you spend on fuel, insurance, or whatever, pales in comparison to the repair cost. If you buy something that requires a lot of repairs, it’s a lot more expensive than you would have ever guessed. So always cost it out in detail and cover all the potential costs to make sure you’re still getting a sweet deal.

Excavator TypeInitial CostFuel Costs (Annual)Maintenance Costs (Annual)InsuranceTotal Cost of Ownership (5 years)
Cheap Excavators$15,000 – $40,000$5,000 – $10,000$3,000 – $6,000$1,000 – $2,000$40,000 – $75,000
Mid-Range Excavators$40,000 – $100,000$4,000 – $8,000$2,000 – $4,000$1,500 – $3,000$50,000 – $100,000
High-End Excavators$100,000 – $200,000$3,000 – $6,000$1,000 – $2,000$2,000 – $4,000$120,000 – $250,000

Not Doing Enough Research

Don’t rush into it. That includes both the machine and the deal itself. The machine could look good today, but after four months of running it every day, you’ll think this is a piece of junk. Spend a few days or weeks researching the machine. With a cheap machine, you also need to research the brand. Then research the warranty and make sure you’re buying it from someone who will take care of you after the sale.

What to Research:

  • Brand Reputation: Look into user reviews and expert opinions about the reliability of the brand.
  • Machine Condition: Inspect the excavator’s condition and ensure that it meets your needs.
  • Seller History: Make sure the seller is reputable and has a track record of providing quality machinery.
Research AreaWhat to CheckImpact of Skipping
Brand ReputationRead user reviews, check forumsBuying a machine with hidden flaws
Machine ConditionInspect for wear and tear, check historyRisk of frequent repairs
Seller HistoryVerify seller reviews, ask for warrantiesPotential for fraud or misrepresentation

Conclusion

Always remember to factor in the true total cost of ownership to determine who offers the cheapest excavator. There are so many different types and models to choose from new and used. Consider carefully before you take the leap. For more information on excavators or other construction equipment, be sure to check out our website at Equipment World.

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