Mini excavators have an average rental cost between $200 and $500 per day, with heavy-duty models costing as much as $3,000 per day. Mid-range models have an average rental cost between $400 and $1,200 per day. Renting by the week or month typically saves costs on larger or longer projects.
Is renting a mini excavator worth it?
Renting a mini excavator is only a good deal if you need the equipment on a very short-term basis – usually just a matter of months, at the most. If your monthly lease payment is $3,000, you’ll spend $9,000 in the span of three months – more than you might spend for a year’s worth of lease payments.
Should I rent an excavator?
Renting definitely makes more sense for a short-term, seasonal, or one-off job. If you foresee consistent projects ahead, then buying may be more cost-effective in the long-run. However, you also have to consider ownership costs, such as maintenance, repairs, insurance, license fees, etc.
What is a wet hourly rate?
A wet rate includes the cost of fuel and oil, while a dry rate does not. As of 2018, All American Aviation Services in North Carolina charges wet rates ranging from $109 per hour to $169.99 per hour, depending on the aircraft.
How deep will a mini excavator dig?
A 4,000- to 6,000-pound mini excavator can dig a 10-foot-deep hole. Larger 10,000- to 12,000-pound mini excavators allow dig depths as deep as 14 feet.
How much does it cost to run an excavator?
Average Excavator Hourly Rate
Average hourly rates tend to vary greatly due to location but tend to run between $120 to $150 an hour. That rate includes both the equipment and the operator and often comes with a minimum number of hours – typically at least one day or eight hours.
How many hours is a lot for an excavator?
I think the ‘sweet spot’ for value on an excavator is somewhere in the 2000-3000 hour area, and then the 6-8000 hour area. Over 10000 can still be a good machine, but could be close to a 15k engine or pump, plus most 10k on up machines I see the u/c is getting weak.
Why are mini excavators so expensive?
The main factor in the pricing of mini excavators is the size of the unit. Larger units that are designed to move more dirt and debris faster are going to cost considerably more than the units available on the smaller end of the scale.