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How Much Does it Cost to Lease a Mini Excavator?

How Much Does it Cost to Lease a Mini Excavator?

Leasing Vs Buying?

Leasing or purchasing is a difficult decision for most people. When making this decision, we should consider sectors as below:

Budget: When deciding to purchase or lease, it is very important to consider your budget and available funds. Compared with purchase, the upfront cost of leasing is usually very low. However, in the long run, leasing is often more expensive than purchase, so it is best to choose the most suitable for your business needs.

Maintenance: It is relatively easy to rent small excavators, because most lessors are responsible for maintenance and repair. When purchasing a mini excavator, you need to pay for maintenance and repair.

Working hours: to purchase or lease is related to the working hours you need for small excavators. The longer the machine works, the greater the possibility of poor performance or limited life. The service life and quality of the excavator are also important, because the newer the equipment, the better the maintenance, the more projects it can bring to you.

Accessories: You may need additional accessories for small excavators so that you can use the machine in more application scenarios. When renting, you may not be able to obtain all the required accessories.

Types of Mini Excavators

There are two types of small excavators: tail swing type (also known as conventional type) and zero tail swing type. What types you need depends on the available space and output requirements of your workplace.

Tail swing: This type of small excavator has a rear counterweight, which can offset the increased weight in the bucket and stabilize the small excavator during operation. When the machine rotates, the counterweight extends 6 inches or more beyond the excavator track width. This is almost no problem in an open workspace, but in a more closed area, when it is necessary to rotate the machine, problems may occur. However, traditional models also provide greater bucket and arm breakthrough and lifting capacity. They also provide a more spacious cab to make the operator more comfortable.

Zero-tail swing: with adjustable cutting height, digging depth, tilt height and range, the zero-tail swing mini excavator provides similar power to the traditional household excavator, but has stronger mobility in a narrow space. The counterweight of the zero tail-swing mini excavator rotates within the track width, which makes its rotation problem less than that of the tail-swing type. The model with zero tail swing is easier to maintain, and the main components and parts can be found on the market.

Comparing Mini Excavator Specifications

You need a small excavator that can meet your requirements. First of all, you should consider the application scenario of your machine to ensure that the machine has the correct specifications and accessories for your needs. When comparing small excavators, please refer to the following

Excavation depth: The excavation depth of small excavators is usually one of the main factors people consider when purchasing machines. The excavation depth of the small excavator is from 63 to 173 inches.

Dumping height: This is also an important consideration when purchasing small excavators, especially when viewing the building application model. The dumping height of small excavator is 68 to 120 inches.

Fuel capacity: small excavators perform quite intensive tasks, even in light applications, which is why they use diesel. According to the size and specification of the machine, the capacity of the fuel tank varies from 2.6 gallons to 33 gallons.

Net power: The intensity of the operation application scenario determines how much power you need from a small excavator. The horsepower (hp) of the small excavator is between 10 hp and 50 hp.

Working weight: The working weight of small excavator varies from 2000 pounds to 18500 pounds. The most suitable working weight for you depends on the work at hand and the strength of the machine you intend to use.

How Much Does Leasing a Mini Excavator Cost? The cost of renting a small excavator depends on the service life of the machine, the accessories equipped with the machine, the specification, brand and dealer of the machine. The following is a general pricing guide, which provides the estimated cost of renting small excavators.

We made a brief research for your reference, and get the average rental cost is in following:

$875 per month for a 60-month lease

$1,054 per month for a 48-month lease

$1,354 per month for a 36-month lease

$1,954 per month for a 24-month lease

$3,757 per month for a 21-month lease

If you are struggling with leasing or buying a mini excavator, please contact us