cost of a used skid steer
Cost of a Used Skid Steer
Buying a used skid steer can unlock substantial value for contractors, landscapers, and facility managers who need versatile, compact machinery without the premium of new equipment. When evaluating cost, it’s important to weigh upfront price against hours, wear, and potential rebuilds—everything that affects total cost of ownership.
Market price ranges
Used skid steers typically list between $12,000 and $60,000, depending on size, make, age, and attachments. Smaller compact models from brands like Bobcat or Caterpillar often start in the mid-teens for machines with 1,200–2,000 hours. Mid-sized units with 3,000–4,500 hours sell in the $25K–$40K range. High-capacity machines or low-hour examples from premium dealers can approach $60K or more.
Key cost drivers
- Machine age and usage: Hours are the closest proxy for wear. Machines under 2,000 hours retain more components intact, while those exceeding 4,000 hours may need hydraulic pumps or loader linkage work soon.
- Maintenance history: A well-documented service ledger, recent hydraulic fluid changes, and new tires or tracks justify a few thousand dollars of added spend because they reduce downtime risk.
- Attachments included: Buckets and forks are expected; high-value attachments (augers, cold-planers, stump grinders) shift total cost. Buying the machine plus compatible attachments at once usually costs more than purchasing only the base machine.
- Dealer vs. private sale: Dealerships charge a premium but often offer short-term warranties, refurbished parts, and financing. Private sales can be 10–20% cheaper but come with greater risk unless inspected independently.
Inspect before committing
When shopping used, make a checklist:
- Visual inspection for cracks in lift arms, track wear, and weld integrity.
- Hydraulics: Watch for leaks, slow respond, or unusual noises during bucket cycles.
- Engine run: Listen for rough idle or smoke, ensuring proper oil pressure and temperature.
- Operational test: Drive on uneven ground, test lift capacity, and evaluate stability.
- PUT—printout from machine diagnostics can reveal fault codes; some sellers include this in the paperwork.
Pre-purchase inspections by a technician typically cost $200–$400, but they can uncover items that save thousands down the road.
Budgeting beyond sticker price
Accounting for future costs keeps your total budget realistic:
- Belts, hoses, and filters: Expect routine replacements every 500 hours; budget $200–$500 per service.
- Tires or tracks: Replacing a set of tires runs $1,500–$3,000; tracks are $2,500–$5,500 depending on tread type.
- Hydraulic pumps or control valves: Major component rebuilds may cost $2,000–$6,000 depending on whether you use OEM or aftermarket parts.
Add a 10–15% contingency on the machine’s purchase price for repairs or calibration you might need within the first year of ownership.
Financing and depreciation
Financing used skid steers typically requires a down payment of 10–20% with loan terms from 36 to 60 months. Interest rates are generally higher than for new machines, so compare lender offers carefully. Depreciation slows after the initial 1,000 hours, meaning a smart buy can retain 50–60% of its value after three years when care is taken.
Final thoughts
A used skid steer can deliver professional performance while keeping capital expenditures manageable. Focus on machines with strong service records, reasonable hours, and the exact attachment compatibility you need. Pair that with a thorough inspection and a contingency budget, and you’ll position yourself to rely on dependable equipment without overpaying for wear or unexpected downtime.