Why Are Used Excavators So Popular? Key Insights for Buyers

1. What Makes Used Excavators More Affordable Than New?

Cost Comparison: New vs. Used

FactorNew ExcavatorUsed Excavator (3-5 yrs old)
Purchase Price100,000−100,000−300,000+40,000−40,000−150,000
First-Year Depreciation20-30%5-10%
Insurance Costs$5,000+/year2,000−2,000−3,500/year
Financing Rates5-7% APR6-9% APR

Why Buyers Choose Used:
✔ Immediate savings of 40-60% off new prices
✔ Slower depreciation (Only ~8% annual loss vs. 25% for new)
✔ Proven reliability (No “first-year” mechanical issues)


2. How Long Do Properly Maintained Excavators Typically Last?

Lifespan by Major Brand

BrandAverage HoursMaximum Hours
Caterpillar8,000-10,00012,000+
Komatsu7,500-9,50011,000+
Hitachi7,000-9,00010,000+
Volvo6,500-8,5009,500+

Extending Longevity:

  • 250-hour fluid/filter changes
  • Daily undercarriage cleaning
  • Annual hydraulic system flushes

Hourly Use Guide:

  • 0-3,000 hrs: Like-new condition
  • 3,000-6,000 hrs: Prime working years
  • 6,000-8,000 hrs: Needs component rebuilds
  • 8,000+ hrs: High maintenance costs

3. What Should You Inspect Before Purchasing?

7-Point Pre-Buy Checklist

  1. Engine
    • Cold start test (should fire within 5 seconds)
    • Check for blue/black exhaust smoke
  2. Hydraulics
    • Cycle all functions 10+ times (no jerky movements)
    • Inspect cylinders for rod pitting
  3. Undercarriage
    • Measure track chain stretch (3%+ = replacement needed)
    • Check for cracked rollers/idlers
  4. Structure
    • Look for weld repairs on boom/arm
    • Inspect swing bearing for play
  5. Electronics
    • Test all gauges/warning lights
    • Verify AC/heater operation
  6. Attachments
    • Check bucket ears for wear
    • Test quick coupler functionality
  7. Documentation
    • Verify hour meter matches service records
    • Check for outstanding liens

4. Which Brands Hold Value Best?

2025 Resale Value Rankings

RankBrand5-Year Value Retention
1Caterpillar65-70%
2Komatsu60-65%
3Kubota55-60%
4Hitachi50-55%
5Volvo45-50%

Why Cat/Komatsu Dominate:

  • Global parts availability
  • Standardized technology across generations
  • Strong dealer networks for support

Best Models for Resale:

  • Cat 320 (~68% retention)
  • Komatsu PC210 (~63%)
  • Kubota KX057 (~58%)

Smart Buying Tips

🔧 Best Value: 3-5 year old machines with 2,000-4,000 hours
📉 Avoid: Ex-rental units (typically abused)
🛠️ Priority: Machines with full service histories

Need Expert Help?
📞 Call our certified equipment specialists for personalized advice!
🔍 Browse our pre-inspected inventory of used excavators today!

🚜 More Machine for Your Money – Buy Used! 🚜