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Mini Excavator Cost Breakdown for First-Time Buyers

Are you curious about the cost of a mini excavator? New ones can cost up to $50,000. Used ones usually cost about $49,370 in 2024. Here is a price table:

Type

Average Price (2024)

Used Mini Excavators

$49,370

DeepKron has good prices, so you can spend less. You should think about buying, renting, and other costs.

How Much Does a Mini Excavator Cost?

When you start looking for a mini excavator, you will notice that prices can be very different. The cost depends on whether you want a new or used machine, the brand, and the features you need. Let’s break down what you can expect to pay in today’s market.

New Mini Excavator Prices

The market for new mini excavators has changed a lot in the past few years. Sales have gone up by 92% in late 2022, and this has pushed prices higher for first-time buyers. The median price for a mini excavator in Europe reached about EUR 11,872, and prices in the U.S. have also climbed.

You will find that the price range for different models depends on size, engine type, and features. Entry-level mini excavators start at around $4,300 to $5,600. If you want a mid-range model, you will likely pay between $9,700 and $11,500. Bigger machines with more power and attachments can cost much more.

Here’s a table showing the price range for different models from DeepKron, a trusted brand known for quality and value:

Model

Price Range

DK12P

$10,875 – $13,500

DK16P

$12,500 – $15,936

DK18DA

$13,500 – $15,800

You can see that DeepKron offers a competitive price range for different models. Many new mini excavators from other brands start at $30,000 and can go up to $110,000, depending on the size and features. DeepKron’s models give you solid performance and reliability without the high price tag.

Tip: If you want a new mini excavator with good features and a fair cost, DeepKron models are a smart choice for first-time buyers.

Used Mini Excavator Prices

Buying a used mini excavator can help you save money, but prices still vary a lot. The cost depends on the age, condition, and hours of use. Here’s a quick look at what you might pay:

  • 1-3 years old: $20,000 – $75,000

  • 4-7 years old: $15,000 – $50,000

  • 8+ years old: $10,000 – $30,000

You can also check this table for a general idea:

Condition

Price Range

Used (general)

$40,500 – $91,000

New (compact)

Starting at $50,060

Most used mini excavators cost less than new ones, but you should always check the machine’s history and maintenance records. Sometimes, a used machine with low hours can be a great deal. Other times, you might find that the cost of repairs adds up quickly.

The price range for different models in the used market is wide. You might find a basic mini excavator for as low as $10,000, but newer or well-kept machines can still cost close to what you would pay for a new one.

Note: Always compare the cost of a used mini excavator to a new one. Sometimes, the savings are not as big as you think, especially if you need to spend more on repairs or upgrades.

When you look at the market, you will see that DeepKron’s new mini excavators often cost less than many used machines from other brands. This makes DeepKron a great option if you want a reliable machine at a fair cost.

Cost to Buy a Mini Excavator: DeepKron Models

If you want to know the real cost to buy a mini excavator, you should look at what each DeepKron model offers. Let’s break down the DK16P, DK12P, and DK18DA so you can see which one fits your needs best.

DeepKron DK16P Mini Excavator

DeepKron DK16P Pricing

You get a lot for your money with the DK16P mini excavator. This model is built for tough jobs but stays easy to use. The compact design lets you work in tight spaces, and the powerful engine helps you dig and lift with ease. Here’s a quick look at the main features and specs:

Feature

Specification

Operating Weight

3500 lb. (1600 kg)

Max. Dig Depth

64.96 in. (1650 mm)

Reach at Ground Level

98.03 in. (2490 mm)

Engine Manufacturer

Briggs & Stratton

Horsepower

13.5 hp (9.9 kW)

Arm Breakout Force

1461 lbf. (6500 N)

Bucket Breakout Force

2923 lbf. (13000 N)

Travel Speed

1.37 mph (2.2 km/hr.)

Bar chart comparing DeepKron DK16P specifications

You will notice these advantages:

  • Compact design makes it easy to move and work in small areas.

  • High horsepower engine gives you strong digging power.

  • Load-sensing hydraulics help you save fuel and work faster.

  • You can use many attachments for different tasks.

The DK16P comes with a warranty for twelve months or 1000 hours. If something goes wrong, DeepKron’s dealers will fix or replace parts for free during this time. You also get flexible financing through Klarna. You can pay in four interest-free installments or choose a longer plan up to 24 months. The approval process is quick, and you get purchase protection.

Tip: If you want a mini excavator that balances power, flexibility, and cost, the DK16P is a smart pick.

DeepKron DK12P Mini Excavator

DeepKron DK12P Pricing

The DK12P mini excavator is perfect if you want something affordable and easy to use. This model is great for first-time buyers who need a reliable machine for tough jobs. You get simple controls, so you don’t need much training. The DK12P is also known for its strong performance and durability.

Here’s why many people choose the DK12P:

  • The price is lower than most competitors, so you save money.

  • Controls are easy to learn, even if you’ve never used a mini excavator before.

  • DeepKron has a strong reputation for reliability.

  • The DK12P can handle hard jobs without breaking down.

You can get special financing or cash rebates up to $500 if you buy before July 15, 2025. You can find these offers at DeepKron dealers or on their website. Financing is available at 0% interest for 12 months, which helps you manage your budget.

Note: The DK12P is a great choice if you want to keep your cost to buy a mini excavator low but still get a machine that works hard.

DeepKron DK18DA Mini Excavator

DeepKron DK18DA Pricing

The DK18DA mini excavator stands out for its strong engine and flexible attachments. You get a 15HP engine, which means you can tackle bigger jobs without losing speed or power. The DK18DA costs less than similar models from other brands, but you still get top features.

Here’s a quick comparison:

Brand

Engine Power

Attachments

Price Range

Customer Rating

DeepKron DK18DA

15HP

High

$

⭐⭐⭐⭐⭐

Brand X

13.5HP

Medium

$$

⭐⭐⭐⭐

Brand Y

15HP

Low

$$

⭐⭐⭐

Customers like that DeepKron gives you more features for a lower price. You don’t have to pay extra for power or performance. The DK18DA also comes with a one-year or 1,000-hour warranty on major parts. You get fast parts delivery, expert service, and dealer support for inspections and repairs.

Benefit Type

Description

Warranty

One-year or 1,000-hour warranty on big parts.

After-Sales Support

Fast parts delivery and expert service available.

Dealer Support

Certified inspections, financing help, and quick access to parts and repairs.

Tip: If you want a mini excavator with strong performance and a low cost, the DK18DA gives you great value and peace of mind.

When you look at the cost to buy a mini excavator, DeepKron models give you a lot for your money. You get strong engines, easy controls, flexible attachments, and solid warranties. Financing options and rebates make it easier to manage your budget. DeepKron helps you get the job done without spending too much.

Prices for Buying a Mini Excavator: Factors

When you look at prices for buying a mini excavator, you will notice that several things can change what you pay. Let’s break down the main factors so you can make a smart choice.

Size and Weight

The size and weight of a mini excavator play a big role in its price. Smaller machines are easier to move and cost less. Bigger ones can do more work but usually cost more. Here’s a quick table to help you see the difference:

Size Category

Typical Weight Range

1-2 ton

2,000 – 4,000 lbs

3-4 ton

6,000 – 8,000 lbs

5-6 ton

10,000 – 15,000 lbs

You should also think about:

  • Transportation needs and costs

  • How easy it is to get the machine onto your job site

  • How much fuel it will use

If you only need a mini excavator for small jobs, a lighter model can save you money.

Attachments and Features

Attachments and extra features can change the prices for buying a mini excavator. You might want a bucket, a thumb, or even a cab with air conditioning. Each add-on makes your mini excavator more useful, but it also adds to the cost.

Attachments are the tools that let your mini excavator do more jobs. They make your machine more flexible, but they also raise the total cost.

Think about what you really need before you buy extra features.

Brand Comparison

The brand you choose can affect both the price and the value you get. Some brands, like DeepKron, have a strong reputation and good dealer support. This can make your mini excavator easier to sell later. Other things that matter include:

  • How popular the model is

  • If the brand offers standard or special setups

  • When you buy (some seasons have better deals)

Choosing a trusted brand can help you get the most out of your mini excavator and keep your costs low.

Mini Excavator Rental Costs

Daily, Weekly, Monthly Rates

If you want to try a mini excavator before buying, renting is a smart move. Rental rates change depending on where you live and how long you need the machine. Here’s a table showing what you might pay in major U.S. cities:

City

Daily Rate

Weekly Rate

Monthly Rate

Orlando, FL

$818

$894

$1,101

Tampa, FL

$856

$948

$1,410

Chicago, IL

$839

$887

$1,231

Boston, MA

$864

$1,094

$1,550

Detroit, MI

$792

$1,298

$1,420

Minneapolis, MN

$997

$1,239

$1,464

St. Louis, MO

$710

$856

$1,274

Long Island, NY

$926

$1,059

$1,460

Cleveland, OH

$801

$870

$1,227

Columbus, OH

$819

$941

$1,223

Philadelphia, PA

$841

$879

$1,285

Pittsburgh, PA

$901

$916

$1,409

Austin, TX

$841

$949

$1,049

Dallas, TX

$743

$781

$1,018

El Paso, TX

$773

$825

$1,247

Houston, TX

$841

$848

$1,350

Salt Lake City, UT

$854

$1,115

$1,472

Seattle, WA

$865

$989

$1,478

Grouped bar chart comparing daily, weekly, and monthly mini excavator rental rates across major U.S. cities.

You can see that renting a mini excavator for a day usually costs between $700 and $1,000. Weekly rates are a bit higher, but monthly rates give you the best deal if you need the machine longer.

Rental vs. Purchase Comparison

You might wonder if renting or buying is better for you. Here’s a quick rental vs ownership cost comparison to help you decide:

  • Renting a mini excavator works best for short-term jobs or one-time projects.

  • You pay less upfront, with daily fees from $200 to $500, so you keep more money for other needs.

  • Renting gives you flexibility. You don’t have to worry about repairs or storage.

  • If you only need a mini excavator for a few days, renting saves you money compared to buying.

Tip: Use a rental vs ownership cost comparison to figure out what fits your budget and project needs. If you plan to use a mini excavator often, buying might be smarter. For quick jobs, renting is usually the better choice.

Hidden and Ongoing Costs

When you buy a mini excavator, you pay more than just the price tag. There are extra costs that come up while you own and use it. You should know about these costs before you buy.

Maintenance and Repairs

You need to keep your mini excavator working well. This means doing regular maintenance and fixing problems. Each year, you might spend money on these things:

Maintenance Task

Estimated Cost

Routine Maintenance

$3,000 – $5,000

Undercarriage Maintenance

$2,000 – $8,000

Major Repairs

$1,000 – $5,000

Total Annual Costs

$5,000 – $18,000

DeepKron gives you a good warranty for twelve months or 1,000 hours. If something breaks early, you get help with repairs. This saves you money and worry.

Insurance and Warranties

You want to keep your mini excavator safe from theft or damage. Insurance costs about 2% of the price each year. You also need a safe place to store it. Extended warranties help you feel better, but check what they cover. DeepKron’s warranty covers most big repairs in the first year.

  • Insurance and storage cost you money every month.

  • Extended warranties can help you avoid big repair bills.

Fuel and Operation

Your mini excavator needs fuel to run every day. Here is how much fuel you might use:

Work Type

Fuel (gallons/hour)

Daily Cost (8 hrs)

Light

0.26

$11.60

Medium

0.4

$11.60

Heavy

Up to 2

$11.60

Bar chart showing fuel consumption per hour for mini excavator work types

Fuel costs can get high if you use your mini excavator a lot.

Transportation and Storage

You need a safe place to keep your mini excavator. Storage costs between $1,200 and $6,000 each year. Moving your machine from job to job also costs money.

Tip: Always remember these hidden costs when you plan your budget. They can change how much you really spend on your mini excavator.

Buy a Mini Excavator: Cost-Saving Tips

New vs. Used

When you want to buy a mini excavator, you might wonder if you should pick a new or used one. Here are some things to think about:

  • New mini excavators cost more at first, but you get a warranty and lower repair bills for the first few years.

  • Used machines have a lower price, so you spend less money up front. But you might pay more for repairs and maintenance later.

  • If you buy a used mini excavator, you may not get a warranty. This means you could face surprise repair costs.

  • Over time, a used mini excavator can cost more if it breaks down often or uses more fuel.

If you plan to use your mini excavator a lot, a new one might save you money in the long run.

Negotiating Price

You can save money when you buy a mini excavator if you know how to negotiate. Try these tips:

Strategy

Description

Market Research

Check prices for different models before you shop.

Price Comparison

Compare offers from several sellers to get the best deal.

Warranty Inquiries

Ask about warranties to lower your risk of big repair bills.

Bulk Purchase Advantages

If you need more than one machine, ask for a discount.

Trade-in Options

Trade in your old equipment to lower the price of your new mini excavator.

Always ask questions and don’t be afraid to walk away if the price feels too high.

Financing and Rebates

You don’t have to pay the full cost all at once. Mini excavator financing can help you spread out payments and keep your budget on track. Here are some ways to save:

  • Bank loans and equipment loans let you pay over time, sometimes with tax benefits.

  • Leasing gives you a mini excavator without a big upfront payment.

  • DeepKron offers special mini excavator financing, including 0% interest for 12 months and cash rebates. This helps you lower upfront costs by financing and enjoy affordable monthly payments.

  • Ask about rebates or dealer specials. These can cut your monthly payment for a mini excavator and make it easier to buy a mini excavator without breaking the bank.

Tip: Always check for the latest deals and financing options before you buy a mini excavator. You might find a great offer that fits your needs.

Total Cost of Ownership

Calculating All Expenses

Owning a mini excavator costs more than just buying it. You pay for the machine first. Then you spend money on fuel every time you use it. Insurance helps protect your mini excavator from damage or theft. You also need a place to store it, which costs money. Repairs and maintenance are needed to keep it working well. If you use a loan, you pay extra for financing. Taxes add to your yearly costs. Transportation costs come up when you move your mini excavator. When you sell or trade it, you get some money back. Most people keep their mini excavator for five to ten years. Adding all these costs shows what you really spend. Attachments and extra features can make your total cost higher.

Ownership vs. Rental

Should you buy or rent a mini excavator? Let’s look at both choices so you can pick what fits you best.

Aspect

Owning

Renting

Upfront Costs

Higher initial investment

Lower initial costs

Monthly Payments

Can be lower over time

Can get expensive for frequent use

Depreciation

Loses value after purchase

No depreciation worries

Maintenance Costs

You pay for repairs and upkeep

No maintenance costs

Tax Benefits

Possible deductions

No tax benefits

Flexibility

Less flexible, tied to ownership

High flexibility for short-term needs

If you use a mini excavator a lot, buying is smart. You can get tax savings and sell it later. If you only need it for a few jobs, renting saves money. Renting also gives you more freedom. Think about your plans and budget before you decide.

The price of a mini excavator is not just the number you see. You need to look at DeepKron models and check what they offer. Think about costs that keep coming after you buy. Make sure you get good value for your money. Watch out for extra costs you might not expect.

Tip: You can use financing or rebates to help you buy your mini excavator.

FAQ

How long does a mini excavator usually last?

Most mini excavators last about 8,000 to 10,000 hours. If you take care of yours, you can use it for many years.

Can I use different attachments with DeepKron mini excavators?

Yes! You can use many attachments like buckets, thumbs, and augers. This makes your DeepKron machine ready for lots of jobs.

Do I need a special license to operate a mini excavator?

You usually do not need a special license for private use. For work sites, check your local rules. Always follow safety tips and get training.

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