How Much Does It Cost To Rent An Excavator?

When it comes to machinery, size doesn’t always matter. With the right machine, you can tackle just about any job. That’s why excavators are so popular; they’re able to work in tight spaces and move large objects.

Plus, they’re not too expensive to rent. Most rental companies will give you a breakdown of what you’ll need to pay for an excavator rental.

How Much Does It Cost To Rent An Excavator

EXCAVATOR

Excavators are a type of heavy equipment used in construction and demolition. They are extremely useful for moving large amounts of earth and debris, but the cost of owning one can be prohibitive for many people. 

A mini excavator is one of the most important pieces of equipment on any work site. They are commonly used for digging and moving earth and can be used for a variety of other tasks as well. Mini excavators come in a variety of sizes and are perfect for smaller jobs.

They are easy to operate and can be moved around easily. They can dig holes for foundations and can be used for other projects as well.

Mini excavators are also called mini diggers or mini bulldozers. They come in a variety of sizes and so are perfect for many jobs.

How Much Does It Cost To Rent An Excavator

The cheapest excavators cost around $100,000, while the most expensive can run up to $400,000. Several factors contribute to the high price tag, including the cost of the machine itself, the cost of transporting it to the job site, and the cost of maintaining it. Despite the high price tag, excavators are a valuable tool for many construction and demolition projects.

You can expect to rent an average-sized medium-sized 15-ton dipper, with daily rates between $1,300 and $1,500, or a weekly rental cost of approximately $3,000 to $5,000 if you lease for 52 weeks. If you instead lease for longer, you’ll end up spending between $2,000 and $4,000 per week.

Cost Of Excavator

Compact excavators are the smallest class and weigh under 6 tons. These kinds of excavators are the most popular type because they are versatile and easy to maneuver. They can fit through a standard doorway, so they are perfect for small projects or tight spaces. Compact excavators have a shorter arm and bucket than larger models, which makes them ideal for digging in confined areas.

The smallest class of compact excavators weighs under six tons, and they are the cheapest to rent, with a low daily rental changeable from $250 to $450. You can rent a compact reject by the hour for about $50 per hour.

Excavator Size  Cost Per DayCost Per Month
Bobcat 6 ton E26$360 $2400
Yamaha SV$260$2000
Bobcat E50$450$2900
Bobcat E63$470$2900

Mini Excavator

The cost of a mini excavator can vary greatly depending on the model and features included. Generally, mini excavators are less expensive than full-sized models, but they may not have all the features or capabilities of more expensive models. Additionally, some operators may be able to get a used mini excavator for less money than a new one.

Depending on the rental location, you can rent a mini-excavator for around $450 to $600 per day on average, with the amount ranging between $3,000 and $4,000 per month.

Standard Excavator

When considering the cost of a standard excavator, there are many factors to consider. One of the most important is the engine size. A smaller engine will typically be cheaper than a larger engine, but it may not have the power or capacity needed for certain tasks. Other factors that can affect the cost of an excavator include the type of suspension system, fuel efficiency, and safety features.

Standard excavators are the biggest kind and therefore typically have the largest variation in cost. An average model can go anywhere from $700 to $2,000 to rent for a day and between $4,000 to $8,000 rent for a month.

Large Excavator

The largest excavator in the world is the Caterpillar 930C, which stands at a height of 45.5 meters (148.3 feet) and has a weight of 340 metric tons (370 long tons; 460 short tons).

The cost of a large excavator can vary depending on the make and model. Some models can cost as much as $350,000, while others may only cost around $100,000.

The price also depends on the features included in the excavator and the amount of power it has.

Per Week Rental Rates

As opposed to renting an escalator weekly, you can reduce your costs by up to 40 percent by using a weekly rental plan.

On average, the best excavator rental businesses will charge between $1250 and over $5000 for a weekly rental. The price ranges apply to the biggest excavators, ideally the best 17,000-pound excavator models. 

The rate will increase with the size of an excavator and its price. So, the rate for the $5,000 per workweek variety will be larger models like the 76,000-pound excavator, whereas the leading 45,000-pound excavator models often cost between slightly more than $2,000 and slightly above $2,500 per week.

Several of the leading excavator rental companies offer jackhammers and attachments as add-ons to the price of renting. To rent several attachment sizes with your excavator will cost you $120 to $800 per day.

Conclusion

Excavators are a necessary piece of equipment for many construction and demolition projects. They can be used to move large quantities of earth and debris quickly and easily, making the work go much more smoothly. 

For efficient mini excavator rental solutions, be sure to consult with a rental company to find the best machine for the job.

The cost of renting an excavator can vary depending on the size and duration of the rental. It is important to factor in the cost of delivery, fuel, and operator fees when calculating the total cost of renting an excavator.

By considering these factors, you can ensure that you are getting the best deal on an excavator rental.

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