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The cost of an excavator varies greatly by size, age, and features, with new mini excavators starting around $20,000-$90,000, mid-size models ranging from $90,000-$300,000, and large units potentially exceeding $500,000 to over $1 million. Used excavators cost 30-60% less than new. Rental rates typically run $200-$1,600+ daily, depending on scale. Key factors influencing price include brand (CAT, John Deere cost more), size (tons), condition, and essential attachments like buckets or hammers.
Based on 3,382 closed excavator auction sales closing Jan–Dec 2025, the typical used excavator sold-price band (P10–P90) is $16,500–$100,000 (median $43,000).
This table shows the typical used excavator sold-price band using P10, median (P50), and P90 to bracket excavator value. Prices reflect closed auction results, not dealer asking prices.
| Metric | Sold price | Meaning for excavator value |
|---|---|---|
| P10 | $16,500 | Lower-end sold excavator value in this scope (often higher hours / condition drag) |
| Median (P50) | $43,000 | Midpoint sold excavator value in this scope |
| P90 | $100,000 | Upper-end sold excavator value in this scope (often lower hours / cleaner configuration) |
Use the band as your baseline, then anchor the machine into the right size class before refining by hours.
Excavator cost increases by size class. Mini excavators (0.8–6 t): $25k–$90k used, $60k–$160k new. Midi (7–12 t): $60k–$160k used, $120k–$260k new. Standard (13–25 t): $90k–$240k used, $180k–$450k new. Large (26–45 t): $180k–$500k used, $350k–$900k new. Mining (45 t+): $500k–$5M+.
Size class sets the baseline for excavator value because it groups the biggest functional drivers buyers pay for into comparable buckets. Pick size class first, then refine within that band using hours.
| Size class | Sold results (n) | P10 | Median (P50) | P90 |
|---|---|---|---|---|
| MIDI | 18 | $7,450 | $18,250 | $41,700 |
| Standard | 4,854 | $18,500 | $45,000 | $113,000 |
| Large | 715 | $20,000 | $60,000 | $186,500 |
Choose the matching size class, treat P10–P90 as the typical sold-value band for that class, then use hours/condition to place the machine within it.
Excavator size class selection (quick rules):
Excavator operating hours reduce resale price because hours predict wear on pumps, pins, bushings, engine, and undercarriage. Value drops fastest in the first 2,000–4,000 hours, then declines more steadily. Expect a clean machine at 6,000–8,000 hours to sell about 20–40% less than a comparable unit under 2,000 hours, unless maintenance records and major rebuilds offset wear.

Hours are one of the strongest drivers of used excavator value because they proxy wear, remaining service life, and near-term repair risk. After size class, hours is usually the first adjustment that moves a machine toward P10, median, or P90.
| Hours band | Sold results (n) | P10 | Median (P50) | P90 |
|---|---|---|---|---|
| <1k | 210 | $48,900 | $88,750 | $173,000 |
| 1k–2.5k | 291 | $31,000 | $71,000 | $137,000 |
| 2.5k–5k | 550 | $28,000 | $65,000 | $142,000 |
| 5k–10k | 1,156 | $20,000 | $43,000 | $82,750 |
| 10k+ | 947 | $14,000 | $31,000 | $60,000 |
After size class, use hours to anchor closer to P90 (lower-hour / cleaner) or P10 (higher-hour / more wear risk), then tighten the estimate with model year.
Hours are a strong first-pass driver, but condition can override hours when major wear items (especially undercarriage on tracked machines) are materially better or worse than typical for the band.
Average excavator cost drops with model year because depreciation reduces value. For a standard 20–25 ton excavator (new typically $200k–$350k), expect: 0–2 years old $170k–$350k, 3–5 years $110k–$260k, 6–10 years $70k–$190k, 11–15 years $45k–$120k, 16–20 years $25k–$70k, and 20+ years $15k–$50k.
Model year shifts excavator value because it often tracks spec packages, emissions tier, and buyer preferences, but it works best as a refinement step after size class and hours.
Newer year bands generally lift the median, while older bands widen due to condition and configuration variance.
| Model year band | Sold results (n) | P10 | Median (P50) | P90 |
|---|---|---|---|---|
| 2004–2006 | 312 | $10,000 | $21,250 | $40,000 |
| 2007–2009 | 211 | $14,500 | $26,000 | $41,000 |
| 2010–2012 | 337 | $17,000 | $33,000 | $49,400 |
| 2013–2015 | 559 | $21,000 | $39,000 | $66,000 |
| 2016–2018 | 627 | $29,000 | $52,000 | $85,400 |
| 2019–2021 | 646 | $42,000 | $71,000 | $125,000 |
| 2022–2024 | 329 | $57,000 | $98,000 | $190,500 |
| 2025 | 33 | $56,000 | $67,000 | $111,600 |
After size class and hours, use model year to refine within the same placement—especially when year implies a different emissions tier or common spec package; high hours can pull a newer machine down, and strong condition can push an older machine up.
Next, use make and model to explain any premium/discount versus peers before validating with sold comps.
Make/model is a residual signal after size class, hours, and year because excavator demand varies by brand platform and support economics (parts/service depth, common spec packages).
Use make + high-volume model medians as distribution signals to justify a premium/discount versus peers, then confirm with sold comps matched on hours and configuration.
| Make | Sold results (n) | Median sold price | Hours coverage |
|---|---|---|---|
| Cat | 1,382 | $53,000 | 95.30% |
| Komatsu | 501 | $37,000 | 90.62% |
| John Deere | 382 | $38,000 | 96.07% |
| Volvo | 203 | $40,000 | 91.63% |
| Hitachi | 180 | $38,500 | 97.78% |
| Hyundai | 166 | $39,500 | 87.95% |
| Kobelco | 130 | $24,250 | 91.54% |
| Case | 77 | $28,000 | 94.81% |
| Doosan | 75 | $47,000 | 86.67% |
| Link-Belt | 69 | $31,000 | 92.75% |
| XCMG | 39 | $59,000 | 97.44% |
| Sany | 34 | $66,750 | 97.06% |
Treat the make median as a brand signal, not a standalone estimate. Your likely number still depends on size class, hours, year, and configuration.
| Model | Sold results (n) | Median sold price |
|---|---|---|
| Cat 336 | 66 | $106,250 |
| Cat 323D3 | 62 | $70,000 |
| Cat 336E L | 57 | $41,000 |
| Cat 336F L | 53 | $62,500 |
| Cat 349F L | 50 | $60,000 |
| Komatsu PC490LC-11 | 46 | $47,000 |
| John Deere 350G LC | 45 | $40,000 |
| Cat 320D2 | 44 | $39,000 |
| Cat 320 | 40 | $91,250 |
| Cat 320D | 34 | $34,500 |
| Cat 320GC | 34 | $75,500 |
| Komatsu PC360LC-11 | 34 | $55,000 |
| Cat 336FL | 24 | $57,750 |
| Cat 320C L | 23 | $36,000 |
| Cat 349E L | 22 | $43,000 |
If your exact model appears here, use the model median as a sanity check against the range you built from size class → hours → year, then confirm with comps that match hours and configuration.
Quick rules:
Once you’ve sanity-checked brand/model, validate the estimate with sold comps that match size class and hours first, then year and configuration.
Sold comps are the best final check for excavators because undercarriage wear and configuration often explain the spread after hours. Match size class + hours, then refine by year and configuration to bracket the sold range.
Best practice for matching comps: size class first, hours second, then refine by year and configuration (boom/stick, attachments, coupler).
| Year | Make | Model | Hours | Sold price |
|---|---|---|---|---|
| 2010 | Cat | 323D L | 5,236 | $18,000 |
| 2005 | Komatsu | PC300LC-7 | 7,542 | $18,000 |
| 2006 | Hitachi | ZX-200-LC | 11,918 | $18,000 |
| 2012 | Hyundai | Robex 480LC-9 | 8,789 | $18,000 |
| 2012 | Cat | 312D | 12,613 | $18,000 |
Comps that land near the low end are often pulled down by higher hours and/or condition risk, which is why hours placement comes before make/model.
| Year | Make | Model | Hours | Sold price |
|---|---|---|---|---|
| 2017 | Cat | 349F L | 10,966 | $45,000 |
| 2016 | John Deere | 245G LC | 7,211 | $45,000 |
| 2014 | Cat | 349FL | 10,719 | $45,000 |
| 2022 | Cat | 323D3 | 6,722 | $45,000 |
| 2015 | Volvo | EC250E LR | 9,081 | $45,000 |
Midpoint comps help calibrate what your filters produce when a machine sits near the “typical” center of the market for this dataset.
| Year | Make | Model | Hours | Sold price |
|---|---|---|---|---|
| 2022 | Cat | 315 | 794 | $102,500 |
| 2021 | John Deere | 200G LC | 1,013 | $102,500 |
| 2022 | Cat | 313 GC | 458 | $102,500 |
| 2021 | Cat | 320 GC | 2,662 | $102,500 |
| 2023 | John Deere | 130 P-Tier | 809 | $102,500 |
Higher-end comps often represent lower-hour, cleaner machines that buyers treat as lower risk within the same dataset.
This table shows how used excavator sold prices moved by close month across the 2025 dataset. Use it to sanity-check timing (some months ran higher/lower), but don’t mix this with dealer asking prices.
| Month (2025 close month) | Sold results (n) | P10 | Median (P50) | P90 |
|---|---|---|---|---|
| Jan | 29 | $44,800 | $82,000 | $122,400 |
| Feb | 488 | $21,000 | $57,500 | $127,500 |
| Mar | 417 | $16,500 | $38,000 | $90,000 |
| Apr | 96 | $14,250 | $37,000 | $96,500 |
| May | 383 | $15,500 | $40,000 | $101,800 |
| Jun | 291 | $12,500 | $36,000 | $82,000 |
| Jul | 172 | $16,000 | $42,250 | $92,000 |
| Aug | 195 | $13,700 | $38,000 | $82,000 |
| Sep | 355 | $16,200 | $43,000 | $86,900 |
| Oct | 248 | $13,850 | $40,500 | $80,000 |
| Nov | 142 | $17,050 | $50,000 | $154,750 |
| Dec | 566 | $17,750 | $46,000 | $100,000 |
What this means for excavator pricing in 2025 (read this before you overreact to a month):
Value an excavator by assessing its age, hours of use, brand, model, condition, and market demand. Check comparable sales data, factor in attachments, and subtract depreciation. Use heavy equipment appraisal guides or resale platforms like MachineryTrader to estimate market value accurately. Engage a professional heavy equipment appraiser if a defensible valuation is required.
This page is built from closed (sold) excavator auction results—not listings—then refined using the same ordered drivers buyers actually price: size class → hours → model year → make/model, with sold comps as the final sanity check.
In the benchmark dataset (3,382 closed sales, USD, Jan–Dec 2025), the typical sold-price band (P10–P90) is $16,500–$100,000 (median $43,000).
Data rules (what’s in / out): Closed auction sales only (USD, Jan–Dec 2025 close dates, excavators, as-sold condition). Dealer asking prices and listings are excluded.
Why the order matters: Size class sets the baseline band; hours usually does the biggest placement move inside that band; year and make/model explain residual differences; comps confirm you’re not relying on a statistic when a comparable transaction exists.
How to read P10 / median / P90: Use P10 when hours/condition risk is heavier, median when the machine is typical for its band, and P90 when it’s cleaner, lower-hour, and better-configured.
A new excavator typically costs $50,000–$500,000+ USD, depending on size and specification. Compact (1–6 ton) models run $50,000–$120,000. Mid-size (7–10 ton) models run $120,000–$200,000. Standard (11–20 ton) models run $200,000–$350,000. Large (21–40+ ton) models often exceed $350,000.
The main difference between new and used excavator cost is total purchase price and depreciation. New excavators typically cost $50,000–$500,000+ depending on operating weight, brand, hydraulics, and attachments. Used excavators typically cost $30,000–$250,000 depending on machine hours (2,000–8,000+), age (3–15+ years), undercarriage wear, and service history.
The average cost of an excavator from China is $25,000–$180,000 USD for most new machines, depending on tonnage and configuration. Mini (1–6 ton) units often cost $10,000–$45,000. Mid-size (7–10 ton) units often cost $35,000–$80,000. 20–22 ton units often cost $80,000–$160,000. Landed cost rises with freight, duties, and warranty support.
A new CAT (Caterpillar) excavator typically costs $120,000–$650,000+ USD, depending on size and options. Mini (1–6 ton) models often run $60,000–$130,000. Mid-size (7–10 ton) models run $130,000–$220,000. 20–22 ton models run $250,000–$450,000. Large (30–40+ ton) models often exceed $500,000.
Excavators in India typically cost between ₹25 lakh and ₹1.2 crore ($30,000 to $145,000 USD). Mini excavators start around ₹25–₹35 lakh, while larger models used in infrastructure and mining can exceed ₹1 crore. Prices depend on brand, capacity, and imported vs. domestic manufacturing.
Excavators in Ethiopia typically cost $30,000–$180,000 USD used and $120,000–$450,000 USD new, depending on tonnage, hours, and attachments.
Excavators in Pakistan typically cost between PKR 10 million and PKR 45 million ($35,000 to $160,000 USD). Prices vary by brand, size, and whether the unit is new or used. Imported models like CAT and Hitachi are more expensive due to customs duties and shipping costs.
Excavator prices in Pakistan range from about PKR 3–12 million (~$10,700–$42,800 USD) for used mini excavators (1–6 tons) to PKR 15–45 million (~$53,600–$160,700 USD) for used 20–30 ton machines. New 20–30 ton excavators often cost PKR 40–90 million (~$142,800–$321,300 USD), while large mining units can exceed PKR 100–300+ million (~$357,000–$1.07+ million USD), depending on brand, year, hours, and import taxes.
Excavator rental cost depends on size class and rental length. Mini excavators (1–6 tons) usually rent for $200–$600 per day, $900–$2,500 per week, or $2,000–$6,000 per month. Standard excavators (13–25 tons) usually rent for $800–$2,000 per day, $3,000–$8,000 per week, or $8,000–$20,000 per month. Large units (26+ tons) often run $1,500–$4,000+ per day.
Calculate excavator value by starting with the comparable-sale price for the same make, model, and year, then adjust for hours, condition, and attachments. Subtract 3%–7% for each 1,000 hours above average, subtract $5,000–$25,000 for undercarriage wear, and add 40%–70% of attachment resale value (bucket, thumb, coupler). Most excavators lose 20%–30% in year 1, then 8%–15% per year after.
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