If you’re trying to figure out How much does a skid steer cost, you’re probably in construction, landscaping, or another industry where this versatile piece of equipment could make your life easier. The cost can vary widely based on whether you get a new, used, or low-hour machine, and what features it has. The trick is finding the right combination of condition, price, and features that’s right for you. But don’t worry, we’ve got you covered. By the end of this article, you’ll have all the information you need to make an informed decision.

The price of a skid steer depends on various factors, including brand, model, size, and whether it’s new or used. New models can range from $15,000 to $60,000+, while used skid steers can cost anywhere from $4,000 to $18,000. When considering your purchase, don’t forget to factor in maintenance costs, financing, and attachments. By carefully evaluating these factors, you can find the perfect skid steer for your needs at a price that works for you.

Now that you know the basics, let’s get into the nuts and bolts of what affects skid steer prices.

Factors Affecting the Price of a Skid Steer

Now that we’ve covered the basics with skid steer cost ranges, let’s dive into the more detailed reasons their prices fluctuate. A lot of different factors can affect the price of a skid steer. There are different brands for skid steers. There are different sizes (model numbers). The older the machine, the cheaper it’s going to be. Lastly, the features can have a big impact on the price of a skid steer. Let’s dive deeper into each.

Brand and Model

The price of a skid steer certainly depends on the brand name. You can find some cheap, unheard of brands that do not have the same level of quality either. As a rule of thumb, well-known top tier brands like Caterpillar (CAT), Bobcat, and Kubota will cost a pretty penny, but they are known for performance, durability, quality, and warranty.service support.

Size and Capacity

Skid steer loaders are made in different sizes, including compact units all the way up to heavy-duty machines. The larger the machine, the more it is going to cost. Machines with more lifting capacity, bigger engines, and more metal for the rough jobs are expensive compared to little machines that do not have to lift as much and are not nearly rugged as the bigger units.

Attachments and Features

Skid steer loaders would cost more as horsepower increases, with almost the same cost increase per ’’ of width on the loader frame. For skid steer loaders, 65% of the cost is in the loader. As the horsepower of the loader increases, the loader cost, and subsequently, the combination cost increases.

Age and Condition

When looking to purchase a used skid steer, the age of the equipment and the condition of the used equipment make a huge difference in the price. The older the machine, the less it will cost, but the more often it will probably need a mechanic. The condition of the loader’s frame, the engine, the tires, especially the hydraulics, and how thoroughly the loader has been beat up will likewise affect the price. Since 65% of the cost is in the loader, as the horsepower increases, the loader cost and consequently the combination cost increases, so the increased purchase price includes the increased loader cost

Location/Region

You might also discover different prices in different areas of the country. In general, skid steers will cost more in regions where construction is especially booming. Another factor that can impact price is shipping and transportation expenses if you’re bringing equipment in from another part of the world.

Price Range of New Skid Steers

Now, let’s go through the price range of new skid steers. Again, remember these prices can be affected by the factors we discussed, but here are the typical price ranges for different types of new skid steers:

Entry-Level Skid Steers

Entry-level skid steers are often starter machines with fewer frills, lower lift capacities, and smaller sizes. These are ideal for light duty and small construction projects. You can buy an entry-level skid steer for somewhere between $15,000 и $25,000.

Mid-Range Skid Steers

For a mid-range model, you get more power and upgraded features. These skid steers will have a higher lift capacity, better hydraulics, and a more comfortable operator’s location. Mid-range skid steers will cost between
$25,000 и $40,000.

High-End Skid Steers

For high-end models, you get a heavy-duty machine designed for big jobs. These skid steers are more powerful and come with better engines, better hydraulics, and special attachments for heavy-duty work. Figure between $40,000 to over $60,000, depending on brand and specifications.

Price Range of Second-hand (Used) Skid Steers

So, what about you? What’s the best way to save some money? For most people, the answer boils down to one word: used. Used skid steers can save a lot of money compared to the price of a new one. How much you’ll have
to pay for a used skid steer will depend on factors like age, condition, and how many hours are on it. Here are the typical prices for used skid steers:

Good Condition

Wenn Skid Steers in gutem Zustand sind, handelt es sich dabei in der Regel um relativ neuere Modelle mit wenigen Betriebsstunden, gut gewarteten Motoren und wenig Verschleiß. Diese Maschinen kosten in der Regel zwischen $10,000 к $18,000, je nach Marke und Modell.

Fair Condition

compact track loaders with a operating weight in fair condition but a lot of hours to put to use, look to spend somewhere in the range of $8,000 к $12,000. Anything in that range would mean they’ve already had some uses, but should still have enough life left in them to get some payback.

Poor Condition

compact track loaders in poor condition, they’re old and tired with a lot of hours behind them. You can usually find them for around 4000 долларов к $7,000 but expect to put some money into them right away.

Price Difference Between New and Second-hand Skid Steers

When you’re buying a skid steer, one of the first questions you need to answer is whether to buy new or used. The price difference between the two can be a huge hurdle which makes a used machine very enticing. A new skid steer will cost anywhere from around $15,000 and $60,000, depending on the brand, size, and what options you get with it. A used skid steer will usually cost anywhere from $4,000 to $18,000. That’s a 50% to 70% cost reduction compared to new.

While used skid steers may promise some great savings, they come with some big caveats. An older machine is likely to require more maintenance, and they may be more finicky about the types of applications in which they’ll perform well. This may look attractive in terms of getting in at a lower cost, but remember, everything does have
a cost. You need to think about the potential for more mechanical trouble and wear-and-tear over a shorter work life than you’d expect from a new machine.

Take a careful look at your business. Your decision depends on your needs, how risk-averse you are, and how much money you want to save. Let’s dive deeper into the pros and cons of each to help you make an informed choice.

Pros and Cons of New vs. Used Skid Steers

New Skid Steer Advantages

• Higher Reliability: A new machine is perfect. There’s no wear and tear or breakdown risk. New machines are the latest and greatest.
• Warranty: New machines come with warranties. These warranties can cover parts, labor, and sometimes even certain maintenance services. It’s a way to prevent repair costs you’re not expecting.
• Latest Technology: As you’d expect, new machines are equipped with the latest and greatest technology. This means they’re more fuel-efficient, easier on the operator, and with better hydraulics than the older machines.

Used Skid Steer Advantages

• Lower Initial Cost: The biggest advantage is the cost. A used skid steer is significantly cheaper. It’s a way to save a lot of money, especially if your budget isn’t as robust.
• No Depreciation: We all know new equipment loses substantial value in the first few years you own it. You avoid that with a used skid steer.
• Perfect for Short-Term: If you need a skid steer for some one-off project, a used machine might be what’s best for you

Challenges with Used Skid Steers

• Higher Maintenance Costs: The older and more used a machine is, the more likely it is you’ll have to spend money on maintenance. Components, like tires, hydraulic systems, or engines, are going to wear out.
• Limited or No Warranty: Used machines often don’t come with a warranty, so you could be on the hook for any repairs necessary out of pocket.
• Not as Efficient: Older machines will have less efficiency than a brand-new machine. You won’t get the same productivity with a used machine. The other thing to consider is the safety features won’t be as advanced in an older machine.

How to Determine If a Used Skid Steer is a Good Deal

Inspect the Engine and Hydraulics

The engine is the heart of the skid steer. Ensure you check the engine hours and make sure it’s not worn out. Listen for any knocks or any unusual noises. Look for any leaks. The third thing is to check the hydraulic system.
These are the three things that, in any skid steer, could bite you if you’re buying something with an issue.

Examine the Tires and Tracks

Tires or tracks not in good shape are super expensive. What’s the most, single most expensive thing on a skid steer? Tires or tracks. For example, our tracks on T870 like to be 2500 bucks a piece. Check the tires and tracks.
Every hour of use, the tires on a skid steer take a pounding. You don’t want to buy a machine where the tires or tracks are dogged because it will affect the machine’s efficiency, and it could affect how much profit you make.

Check for Overall Wear and Tear

The third thing you want to take a look at is the body of the machine. If it’s covered in rust, that’s not a good sign. Look at the frame because it’s super important. Check for any dents or warpage in the frame. Anything like that could be a sign the machine was in a bad accident or was improperly loaded or transported. You don’t want to buy a skid steer with any issue in the frame because it’s safety related.

How much does a skid steer cost

Start your search by visiting a few different rental companies in your area and asking for quotes. This will give you a good baseline for the rental costs and show you what other options are available. Before you sign anything, read through the agreement thoroughly. Pay close attention to the fine print regarding liability, damage, and the rental period. Remember, your skid steer rental will come with a set of operating principles and best practices.

Here’s a general breakdown of rental costs for skid steers:

Benefits of Renting a Skid Steer

• Cost-Effective for Short-Term Use: If you only need a skid steer for a short amount of time (like for a specific job) then renting may be far cheaper than buying one.
• No Maintenance Costs: Most rental companies will pay for regular maintenance, so you won’t have to worry about repairing the machine during the time you have it rented.
• Access to Newer Models: Rental allows you to operate a newer, well-maintained machine without the long-term obligation of ownership.

Considerations for Renting

• Cumulative Rental Costs: While renting may be cheaper in the short run, it can add up quickly if you need the machine for a long time. After a certain point, the rental costs may exceed the price of purchasing a used machine.
• Availability of Rental Machines: When you rent a skid steer, you might not be able to get the exact machine you want, especially during peak times when demand is high.

How Much Does It Cost to Maintain a Skid Steer?

Owning a skid steer means you’ll be responsible for maintaining and repairing the machine when it breaks down. Here are some estimated costs for regular maintenance items:

Maintenance Tips for Keeping Costs Down

• Routine Inspections: Regular inspections can also catch problems early, potentially saving you money on major repairs down the road.
• Use Genuine Parts: It’s tempting to save money by buying aftermarket parts, but you can often save money in the long run by buying genuine manufacturer parts. These parts tend to cost more upfront but last longer and increase the reliability of your machine.
• Follow Manufacturer Recommendations: Finally, always follow your manufacturer’s recommended maintenance schedule to keep your skid steer running for years to come. Ignore their maintenance schedule at your peril!

Cost Considerations Beyond the Purchase Price

Insurance

Insurance costs depend on the value of the skid steer, your location, and what type of coverage you need. Having comprehensive insurance coverage can protect your investment in case of accidents or damage.

Transportation Costs

Remember, if you’re buying a skid steer from a location distant from you, transportation costs can add up quickly. Be sure to include shipping or delivery charges in your comparison of total costs.

Financing

Most businesses finance their skid steers, adding another cost in the form of interest and loan terms. Make sure you calculate the total cost of financing, as it can really jack up the price of the machine in the long run.

Заключение

Understand the costs before you buy. Whether new or used, new or used, there are a lot of costs associated with the purchase of a skid steer. It’s not just the purchase price of the machine; you need to be concerned with maintenance and the other costs associated with the skid steer you buy.

Also, do a good inspection of the used machine before you buy it. By carefully weighing your options and seriously looking at second-hand machines, you’ll ultimately wind up with the best skid steer for your needs and your money. So, by choosing wisely and looking at your immediate and long-term costs before you buy, you’ll see a return on your skid steer investment in a short amount of time.