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  #11   IP: 195.93.21.71
Old 01-11-2011, 07:44 PM
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Default Re: 5 ton mini excavator hire rates

Trouble is we live on a small island that has too much of everything for anyone to make a sensible living. We really wont hire out cheaply.
At one time the rates for excavators was roughly 1 per tonne.
Mini machines tended to be self drive and their size and weight didn't dictate the hire rate, the cost of operator did.
Take a 1.5 tonne mini, selfdrive at 60 per day 6 per hour. Now put an operator on it and fuel in it.
An operator needs to be costed at 12/hr and fuel for the day including storage and filling, 3/hr. so now we are at 21 per hour, a bit more that 1 a tonne per hour.
Now we have a hire rate of 32 per hour for a 21 tonne machine including the operator, it can and will use at least 200 hundred litres of fuel a day thats 14 per hr. 460/day. 26.50/ hr for a 5 tonne machine is the going rate, but add fuel and delivery.
I can hire a 6 tonne zaxis for 70/day and did last may/june. add operator and fuel again and you only have 24.50 and the owner/hirer is making money at
350/week.
We have been just been quoted 163,000 for a new 40 tonne excavtor,
The best rate we can expect will be 46/hr on day shift.
On a busy day it will use 280 quids woth of fuel so 74 per hr. It can load upto 4,000 Cubic metres in one day for 740 so in my book 245 per day is about right for a five tonner. I know it's horses for courses etc and the 5 or 6 ton machine can do jobs the big girl can't, but pound for pound the figures seem ok to me.

Last edited by Traxcavator.; 01-11-2011 at 08:15 PM.
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  #12   IP: 86.26.201.210
Old 01-11-2011, 08:21 PM
strott strott is offline
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Default Re: 5 ton mini excavator hire rates

Quote:
Originally Posted by Local Diggers View Post
My pricing structure is different to everyone else but for a single days hire a 5t is 450 per day all in.
That sounds good!!

Excellent reply trax - basically throughout the 3/4 -8 ton range the only variable really appears to be fuel consumed.
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  #13   IP: 81.141.103.8
Old 01-11-2011, 08:24 PM
diggerjoe90 diggerjoe90 is offline
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Default Re: 5 ton mini excavator hire rates

We've just had a Volvo ECR88 Plus on self drive for 10 days

We paid 375 hire rate, plus 75 e/w haulage from Birminging to Leicester. The machine was fitted with an automatic quick hitch and cab-guards too. Not to mention to tank or two of fuel!

Not sure how they can put a machine out with driver as cheap as they can....must be at a cost just to keep the machine busy

Cheers

JP
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  #14   IP: 86.26.201.210
Old 01-11-2011, 08:29 PM
strott strott is offline
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Default Re: 5 ton mini excavator hire rates

37.50 per day or is that 375.00 per week?
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  #15   IP: 195.93.21.71
Old 01-11-2011, 08:33 PM
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Default Re: 5 ton mini excavator hire rates

I think you have to price the hrly rate on the type of work and the acessability of machinery. If only an 850kg machine can get in the space to work then i would say it would be Worth 100 per day or maybe more, plus op fuel and delivery. !.5 tonne 60 plus. 3 tonne is a popular size machine and to be quite truthful we hire ours at 27 .... which is what we can get for the 6 tonner. 4 tonne is rare but would be the same price i guess as with a 5 tonner same as the 6 tonne.

Last edited by Traxcavator.; 01-11-2011 at 08:42 PM.
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  #16   IP: 81.141.103.8
Old 01-11-2011, 08:33 PM
diggerjoe90 diggerjoe90 is offline
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Default Re: 5 ton mini excavator hire rates

Quote:
Originally Posted by strott View Post
37.50 per day or is that 375.00 per week?
Originally quoted at 375.00 per week, but extended the hire to end on a Tuesday instead of the previous Thursday and the bill was the same.....plus the dreaded VAT mind!
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  #17   IP: 195.93.21.71
Old 01-11-2011, 08:41 PM
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Default Re: 5 ton mini excavator hire rates

375 with operator....? Thats not enough for the machine dry...!!!
That machine would need to be 27 per hr thats 1350 per week. with fuel and op.
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  #18   IP: 81.141.103.8
Old 01-11-2011, 08:49 PM
diggerjoe90 diggerjoe90 is offline
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Default Re: 5 ton mini excavator hire rates

Quote:
Originally Posted by Traxcavator. View Post
375 with operator....? Thats not enough for the machine dry...!!!
That machine would need to be 27 per hr thats 1350 per week. with fuel and op.
No self drive plus fuel
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  #19   IP: 195.93.21.71
Old 01-11-2011, 09:00 PM
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Default Re: 5 ton mini excavator hire rates

I see, It's not so far out then, but for 5 days only. I would say being a zero tail swing at nearly 9 tones it should be more like 425.
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  #20   IP: 86.26.201.210
Old 01-11-2011, 09:40 PM
strott strott is offline
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Default Re: 5 ton mini excavator hire rates

Right then:

1.5 ton = 21.00 per hour inc fuel + VAT
3 ton = 27.00 per hour inc fuel + VAT
5 ton = 26.50 per hour inc fuel + VAT
8 ton = 27.00 per hour inc fuel + VAT

I hope you include the breaks when working out the charge e.g. on site for 9 hours but operate for 8 = 9 times hourly rate
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