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What you need to know about the value of an excavator?

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What you need to know about the value of an excavator

If you’re interested in buying a used excavator, there are some important factors to consider. These factors include Worksite conditions, Hydraulic system, and size. Read on for valuable advice on how to evaluate a used excavator. And remember to include it in your budget! These three factors will determine the value of your new excavator. In addition, they will also determine the condition of the machine.

Worksite conditions

When purchasing an excavator, consider the type of job site that it will be used. If the worksite requires multiple hauliers, you’ll want to make sure you choose one with adequate capacity for the jobsite. Additionally, consider the location of the dumping area, which may affect the type of excavator you purchase. Weather conditions may affect the productivity of your labour, as well.

Heavy equipment operators may not fully appreciate the impact that visibility has on their safety. When safety is compromised, workers may be more cautious around excavators and have a higher risk of collision. Focusing on it may help reduce the number of accidents and injury cases on a construction site if visibility is an issue.

Size

A large excavator is a heavy-duty machine that can do various tasks. These machines can weigh over 25 metric tons, making them difficult to store and transport. But their enormous size means they are an essential tool for large construction projects. For large excavation projects, the bucket capacity of a machine is vital. Smaller bucket capacities are more efficient and can be adjusted easily to fit the job. You may check the manufacturer or the distributor’s website to get the deal.

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Hydraulic system

An excavator’s hydraulic system uses bio hydraulic oil. Biohydraulic oils have rheological properties that are advantageous in excavator hydraulic systems. For example, they are more elastic than mineral oils and can withstand a wide range of temperatures. A sophisticated hydraulic system allows the machine to operate with fewer components, which means reduced fuel consumption.

Energy losses in the hydraulic system are attributed to a variety of factors. The majority of these losses occur in pumps, motors, valves, piping, filters, coolers, and other hydraulic system components. 

Performance

Another critical aspect of an excavator’s condition is its performance. When operating the machine, listen for any strange noises or odours. If they persist, this could mean a serious problem. If the engine starts and then stalls, the engine is most likely malfunctioning, and the control panel may not be functioning correctly. Additionally, check the attachments to ensure they are in proper condition. If you see any residue, stains, or sticky spots, these could mean a leak.

The excavator’s cab is another vital component. It should be comfortable to sit in and should have an open-air view. The steering and gears should function properly, and they should also be free from visible damage. Lastly, check the engine oil, and it accounts for up to 50% of the cost of ownership. Whether or not an excavator is leaking oil, inspecting the cab for visible damage is essential.

Cost

The cost of an excavator can range widely depending on the size and nature of the job. To determine the exact cost of an excavator, a contractor will always visit the site to get an accurate estimate of the job’s size and scope.

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The price of an excavator is also determined by the machine’s brand, age, and condition. Although the cost of an excavator is higher than its refurbished counterpart, it is still relatively affordable compared to a new machine. You can save several thousand dollars by purchasing a used excavator, but it’s important to note that the price difference is not that great. A used excavator can be up to 30% cheaper than a new one in some cases.

In addition to the introductory price, the cost of attachments may also affect the overall cost. While excavators generally come with one bucket, you may need to buy several sizes, and other attachments can range from $1,000 to $5,000. If you need a larger excavator, you may need to purchase additional buckets, additional sizes, and other attachments. The additional attachments on an excavator can increase the total cost by another $5,000 or $10,000.