How to Determine the Value of a Used Excavator?

Hi, I'm John, a construction site manager. Lately, I've been considering purchasing a used excavator for our upcoming projects. But I'm unsure how to determine its value. I know the price can vary greatly depending on factors like age, hours of operation, and overall condition. But how do I assess these factors correctly to ensure I'm making a wise investment? I don't want to overpay, but I also can't afford to buy equipment that'll cost more in repairs. Any advice would be greatly appreciated.
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Hello John,

I understand your dilemma. Determining the value of a used used excavator can be tricky. You’re right that age, hours of operation, and condition are key factors. To properly assess these, consider hiring a certified mechanic who specializes in heavy machinery. They can provide a thorough inspection and give an accurate appraisal. Also, check the market for similar models to get an idea of the going rate. Remember, investing a bit more upfront for a well-maintained machine can save you repair costs down the line. Make sure to negotiate the price based on your findings.

Good luck!

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