Excavator Buying Guide: New vs Used Options Explained

As a construction business owner or as a heavy machinery buyer you may be confused about which excavator you should go for. Should you choose to invest in a used excavator or a new one?

You can find more information on our web, so please take a look.

When you compare both of them you will see significant differences. Both of these machinery types offer different benefits for all types of organizations. Moreover, the purchasing option depends on a variety of factors such as goals, financial situation and goals.

What are the pros and cons of buying a new excavator?

1. Dependability (Pros):-  New equipment is known for its dependability, since they aren't previously used and sold they would be available in prime conditions. Moreover, you can expect fewer maintenance problems during long-term use which also means less investment in repairs. Additionally, Operating expenses are also less of a burden as the equipment runs errorless.
2. Cost (Cons):- The most common reason behind people not choosing to buy new equipment is the initial investment. This may pose a problem for organizations as investing in new machinery becomes an expensive process. Thus, smaller organizations may not be able to afford new machinery.
3. Warranty (Pros): ' New equipment guarantees a strong warranty with it. The warranty period usually lasts for at least a year after the purchase.  Thus, as a machinery owner, you won't be facing any surprise expensive repairs for a prolonged time. You should also make sure to be informed about the warranty period of your machinery as the warranty period may vary from one manufacturer to another.
4. Depreciation (Cons): ' The value of a new machine reduces significantly as you start using it. It is similar to buying a new car and selling it later. Thus, the value of your new machine depreciates rapidly within the first few years. Once the depreciation slows down it may provide you with good value.
5. Technology (Pros): ' With new excavators, you can carry out your efforts with the help of new technology. The heavy equipment industry evolves every year with newer models coming in quite frequently thus if you are planning to use these advantages of technology you can choose to invest in a new excavator.

What are the pros and cons of buying an old excavator?

1. Cost Effective (Pros): ' Used equipment is always less expensive than new machinery. This is the perfect option for organizations that do not have a lot of free capital to spend on resources.

The capital saved from buying used excavators can be redirected to grow your business or to maintain and repair the machinery later. However, you should be aware that used excavators do require a lot of maintenance and these should be considered while you are calculating your costs.

2. Seller Research (Cons): ' You will have to work harder to look for a reliable seller. Thorough research should be carried out to verify whether the information provided by the seller is authentic. Moreover, used machinery does not come with certifications or inspections. Thus, you won't be aware of how well the machinery was treated.
3. Depreciation (Pros):- The price value of used equipment reduces significantly within the first couple of years of its use. In certain instances, you may find equipment that is practically new and isn't used much. Thus, you will be able to receive a good value for used excavators.
4. Warranty (Cons):-When you are planning to invest in used machinery you will notice that a lot of private sellers do not offer you any kind of warranty. Thus, any repairs or maintenance effort can be significant. In certain cases, repairing used excavators can cost more than a newer model costs. You can deal with this issue by choosing to buy from private buyers and dealers who offer your warranty.
5. Selection (Pros):- Used machinery can span several manufacturing years and provide you with access to different models that are slightly behind the latest models. Moreover, you can always choose to invest in used machinery that was manufactured in recent years. This way you can use old machinery while making use of new features and functionalities.

When it comes to purchasing a second-hand excavator, the brand you choose can significantly impact the quality, reliability, and overall performance of your machine. Different brands have their strengths and weaknesses, and understanding these can help you make an informed decision. Here, we delve into the pros and cons of some of the top brands for second-hand excavators to guide you in your purchasing journey.

1. Caterpillar

Pros:

Reputation for Durability: Caterpillar (Cat) excavators are renowned for their durability and robust construction. They are built to withstand harsh conditions and heavy usage, making them a reliable choice for long-term projects.

Extensive Dealer Network: Cat has a vast dealer network worldwide, which ensures easy access to parts, service, and support. This is particularly beneficial for second-hand equipment that may require maintenance and repairs.

High Resale Value: Cat excavators tend to retain their value well over time, which can be advantageous if you plan to sell the machine in the future.

Cons:

Higher Initial Cost: Cat excavators, even second-hand, can be more expensive compared to other brands. The higher upfront cost might be a barrier for some buyers.

Complex Maintenance: While Cat machines are durable, their advanced systems can sometimes require specialized knowledge for maintenance and repairs, which can increase upkeep costs.

2. Komatsu

Pros:

Technological Advancements: Komatsu excavators are known for their integration of advanced technology, such as GPS and telematics systems, which enhance efficiency and productivity.

Fuel Efficiency: Komatsu machines are designed to be fuel-efficient, which can result in lower operating costs over time.

Reliability: Komatsu excavators are praised for their reliability and consistent performance across various applications.

Cons:

Parts Availability: While Komatsu has a good dealer network, parts availability can sometimes be an issue in certain regions, potentially leading to longer downtime.

Resale Value: Komatsu excavators may not retain their resale value as well as Caterpillar machines, which could affect long-term investment returns.

3. John Deere

Pros:

User-Friendly Design: John Deere excavators are known for their operator-friendly design, featuring comfortable cabins and intuitive controls that reduce operator fatigue and increase productivity.

Strong After-Sales Support: John Deere offers excellent after-sales support, including comprehensive warranty options and responsive customer service.

Versatility: These excavators are versatile and can be used in a variety of applications, from construction to agriculture.

Cons:

Regional Availability: John Deere excavators may not be as widely available in certain regions outside of North America, which can affect parts supply and service options.

Initial Cost: Similar to Caterpillar, John Deere excavators can have a higher initial cost, which might be a consideration for budget-conscious buyers.

4. Hitachi

Pros:

Exceptional Hydraulic Systems: Hitachi excavators are lauded for their superior hydraulic systems, which provide smooth and precise operation. This is especially beneficial for tasks that require fine control.

Durability: These machines are built to last, with high-quality components and robust construction that ensure long-term reliability.

Innovation: Hitachi continues to innovate, integrating new technologies that enhance performance and efficiency.

Cons:

Cost of Ownership: While durable, the cost of ownership for Hitachi excavators can be high due to expensive parts and potential maintenance needs.

Operator Comfort: Some users have noted that Hitachi cabins can be less comfortable compared to those of other brands, which might affect long-term use.

5. Volvo

Pros:

Eco-Friendly: Volvo excavators are designed with a strong focus on environmental sustainability, featuring low emissions and excellent fuel efficiency.

Operator Comfort: Volvo places a high emphasis on operator comfort, with spacious cabins, ergonomic controls, and low noise levels.

Safety Features: These machines come equipped with advanced safety features, making them a preferred choice for worksites with stringent safety requirements.

Cons:

Higher Maintenance Costs: The advanced technology and safety features in Volvo excavators can lead to higher maintenance costs, as they require specialized parts and expertise.

Resale Value: While Volvo machines are high-quality, they may not always retain their value as well as some other top brands.

6. Kobelco

Pros:

Fuel Efficiency: Kobelco excavators are highly regarded for their fuel efficiency, which can lead to significant cost savings over time.

Quiet Operation: These machines are known for their quiet operation, which can be a major advantage in urban or noise-sensitive areas.

Innovative Technology: Kobelco continues to innovate, incorporating advanced technology to enhance performance and efficiency.

Cons:

Market Presence: Kobelco may not have as strong a market presence or dealer network in certain regions, which can affect parts availability and service.

Specialized Knowledge: The advanced technology in Kobelco excavators may require specialized knowledge for maintenance and repairs, potentially increasing upkeep costs.

7. Kubota

Pros:

Compact Size: Kubota is renowned for its range of compact excavators, which are ideal for smaller jobsites and urban environments where space is limited.

Ease of Maintenance: Kubota machines are designed for ease of maintenance, with accessible components and straightforward systems that simplify repairs and upkeep.

Reliability: Known for their reliability and solid performance, Kubota excavators are a popular choice for contractors who need dependable equipment.

Cons:

Limited Heavy-Duty Options: Kubota's lineup is more focused on compact and mid-sized excavators, so they may not be the best choice for large-scale heavy-duty applications.

Resale Value: While reliable, Kubota excavators may not hold their resale value as well as some of the more prominent heavy equipment brands.

8. SANY

Pros:

Cost-Effective: SANY excavators are often more affordable than many of their competitors, making them an attractive option for buyers on a budget.

Growing Dealer Network: SANY is rapidly expanding its dealer network, improving access to parts, service, and support in many regions.

Xiangyao are exported all over the world and different industries with quality first. Our belief is to provide our customers with more and better high value-added products. Let's create a better future together.

Innovation and Technology: SANY integrates modern technology into their machines, enhancing efficiency and performance.

Cons:

Brand Perception: SANY, being a relatively newer player in some markets, might not have the same level of brand recognition and perceived reliability as more established brands.

Parts Availability: While improving, parts availability can still be an issue in certain regions, potentially leading to longer wait times for repairs.

9. Doosan

Pros:

Powerful Performance: Doosan excavators are known for their powerful performance and robust build, making them suitable for heavy-duty tasks.

Operator Comfort: Doosan places a high emphasis on operator comfort, with spacious, well-designed cabins that reduce fatigue and improve productivity.

Cost-Effective Maintenance: Doosan machines are designed to be cost-effective to maintain, with readily available parts and straightforward repair processes.

Cons:

Resale Value: Doosan excavators may not retain their resale value as well as some of the other top brands, which could impact long-term investment returns.

Market Penetration: While growing, Doosan's market penetration in some regions is still developing, which can affect the availability of service and support.

10. Mitsubishi

Pros:

Robust Engineering: Mitsubishi excavators are known for their robust engineering and reliable performance, making them suitable for a wide range of applications.

Ease of Maintenance: These machines are designed with maintenance in mind, featuring accessible components and straightforward systems.

Affordability: Mitsubishi excavators are often priced competitively, making them a cost-effective choice for buyers.

Cons:

Limited Market Presence: Mitsubishi does not have as extensive a market presence as some of the other brands, which can affect parts availability and service options.

Resale Value: Mitsubishi excavators may not hold their value as well as more widely recognized brands.

11. Yanmar

Pros:

Compact and Versatile: Yanmar is renowned for its compact excavators, which are ideal for small to medium-sized projects and urban settings.

Fuel Efficiency: Yanmar machines are known for their excellent fuel efficiency, which helps reduce operating costs.

Easy Maintenance: These excavators are designed for easy maintenance, with user-friendly access to components.

Cons:

Limited Heavy-Duty Options: Yanmar primarily focuses on compact excavators, so they may not be suitable for large-scale heavy-duty applications.

Resale Value: The resale value of Yanmar excavators may not be as high as some of the more established heavy equipment brands.

12. Bobcat

Pros:

Compact and Agile: Bobcat excavators are known for their compact size and agility, making them ideal for confined spaces and urban jobsites.

Ease of Use: Bobcat machines are user-friendly, with intuitive controls and ergonomic designs that enhance operator comfort.

Versatility: These excavators come with a wide range of attachments, making them versatile for various applications.

Cons:

Limited Heavy-Duty Options: Like Yanmar and Kubota, Bobcat primarily offers compact excavators, which might not be suitable for larger projects.

Brand Perception: While Bobcat is well-respected in the compact equipment space, it may not be seen as a primary choice for heavy-duty excavation needs.

13. Furukawa

Pros:

Specialized Equipment: Furukawa is known for its specialized hydraulic excavators, particularly in the mining and demolition sectors.

Durability: Furukawa machines are built to last, with robust construction designed to handle tough working conditions.

Advanced Technology: Furukawa integrates advanced hydraulic technology, which enhances the performance and efficiency of their excavators.

Cons:

Market Penetration: Furukawa has a limited market presence compared to larger brands, which can impact parts availability and service options.

Higher Costs: The specialized nature of Furukawa equipment can lead to higher purchase and maintenance costs.

14. JCB

Pros:

Innovative Design: JCB excavators are known for their innovative designs and features, such as the patented side-entry cab.

Versatility: JCB offers a wide range of excavators suitable for different applications, from compact models to large machines for heavy-duty tasks.

Global Support: JCB has a strong global presence with an extensive dealer network, ensuring good parts availability and support.

Cons:

Variable Resale Value: While JCB machines are well-regarded, their resale value can vary depending on the region and market conditions.

Operator Comfort: Some users have reported that JCB cabins may not be as comfortable as those of other brands, potentially affecting long-term use.

15. Sumitomo

Pros:

Reliable Performance: Sumitomo excavators are known for their reliable performance and robust construction, making them suitable for a variety of tasks.

Advanced Hydraulics: These machines feature advanced hydraulic systems that provide smooth and precise operation.

Fuel Efficiency: Sumitomo excavators are designed to be fuel-efficient, helping to reduce operating costs.

Cons:

Limited Market Presence: Sumitomo has a more limited market presence compared to some other brands, which can affect parts availability and service.

Higher Initial Cost: Sumitomo excavators can be more expensive upfront, which might be a consideration for budget-conscious buyers.

Conclusion

Choosing the right brand for a second-hand excavator involves weighing the pros and cons of each option. Caterpillar, Komatsu, John Deere, Hitachi, Volvo, Kobelco, Kubota, SANY, Doosan, Mitsubishi, Yanmar, Bobcat, Furukawa, JCB, and Sumitomo all offer excellent machines with unique strengths. Consider factors like durability, cost, availability of parts and service, technological features, and overall reliability when making your decision. By doing thorough research and considering your specific needs, you can find a used excavator that will provide excellent performance and value for your investment.

With so many reputable brands to choose from, it's crucial to evaluate each one based on your particular project requirements and budget. Whether you prioritize fuel efficiency, ease of maintenance, operator comfort, or advanced technology, there is an excavator out there that fits your needs. Investing in a high-quality second-hand excavator from a trusted brand can ensure that you get the job done efficiently and effectively, while also providing good long-term value for your business.

If you want to learn more, please visit our website Used Excavator For Sale.