Is a skid steer a good investment?

It may seem like more of a financial commitment than renting, but if it allows you to work more efficiently and avoid repetitive rental fees, you can get a great return on your investment over time. Plus, skid steers generally have lower initial costs and ongoing costs than other similar types of compact equipment.

How much money can you make owning a skid steer?

The average annual wage for a skid steer operator is ​$48,683​, according to the job site Indeed in 2021. For purposes of comparison, Simply Hired reports average annual earnings of ​$38,308​. Salary Expert reports that skid loader operators average ​$37,828​ per year.

Do skid steers hold their value?

When time comes to replace these skid steers, they draw about 25 percent of original purchase price in resale value. In fact, though, a third of owners of 1,600- to 2,200-pound machines nets 35 to 64 percent of purchase price, and a quarter of 2,200-pound and larger skid steers draw that much at resale.

Can you make money with just a skid steer?

There are many ways to make money with a Skid-Steer or Compact Track Loader (CTL). There is the typical "hook on a bucket and start moving dirt" type of work, or hauling rock, or just general material handling.

What is the life expectancy of a skid steer?

Some experts say the average lifespan of a skid steer is 5,000 hours. Keep in mind that how long your skid steer lasts depends on several different things, including: Whether you purchased the equipment in new or used condition. The type and difficulty of the work you are using the skid steer for.

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Which skid steer is most reliable?

When you're looking for the best skid steer loader for your money, look no further than John Deere, with a long history of being trusted and reliable.

Is 7000 hours alot for a skid steer?

Consider this: full-time use for a typical skid steer is about 6 hours per day, or 30 hours per week; a skid steer that has been worked part-time usually clocks about 15 hours per week. If a 2-year old skid steer has 1,500 hours on it, it hasn't been worked full-time.

Can I start a business with a skid steer?

What could be better than running your own heavy equipment and getting paid directly for your hard work? One path for getting started in the grading and excavation business is to start off by building your own skid steer service and working jobs in residential construction, commercial construction, and landscaping.

How much should I charge for skid steer work?

Renting a skid steer costs about $50-$100 per hour, $150-$500 for the day, and $600-$1,200 for a week. You might get even more favourable rates if you rent monthly. You have to factor in the cost of renting as well as fuel when deciding how much to charge customers.

Is a skid steer good for clearing land?

Skid steer and compact track loaders can be safe, effective land clearing tools, if they're properly matched with the attachments and equipped to handle the harsh operating environment.

What's better Bobcat or Kubota?

Kubota boasts that two-speed is standard on its loaders (vs. optional on Bobcat models), but Bobcat's single speed is actually faster than Kubota's – an energetic 7.2 mph vs. a sluggish 4.9 mph on the Kubota SVL75-2. If you opt for the Two-Speed Bobcat T66, your max travel speed is a whopping 10.2 mph vs.

Do you need insurance on a skid steer?

The most common policy for skid steers is a general liability insurance policy. On average, general liability insurance for skid steer costs $67 per month or $804 per year. Insurance coverage for a bobcat that your business uses 1-3 times a month, however, may cost you as little as $7 a month - or $84 a year!

What do I need to know about buying a skid steer?

Look over the skid steer for signs of damage. Scuffs, cracks, bent components, scratches, dents, worn cables and welds are all signs of extensive damage to the machine. Remember to check the battery, seatbelt, steering, canopy, lights and windows to make sure they're functioning properly.

How much does it cost to run a bobcat per hour?

At the time of this writing, Bobcat said operating an S66 under average use conditions will cost $9.11 per hour. Typical maintenance costs (excluding labor) include: Average once-a-year oil change (including filter) will cost $75-$80.

What is a Bobcat 773 worth?

$13,200. Bobcat 773 skidsteer, Stock #12055, 7804 hours, no bucket, foot controls, auxiliary hydraulics, manual quick attach.

How much does it cost to buy a skid steer?

Cost of Buying a New Skid Steer Loader

New skid steer loaders range in price from about $15,000 to $50,000. A skid steer loader with a 1,350-pound capacity might sell for $17,000 to $20,000, while a 1,600-pound capacity machine might go for $18,000 to $22,000.

How much is a Bobcat skid steer?

These machines usually have around 60-70hp and a payload capacity of 2,200 pounds or less. A new Bobcat in this size range runs about $45,000-60,000, and you can expect a medium-frame late model skid steer to start around $30,000.

What kind of work can I do with a skid steer?

Are skid steers hard to work on?

Skid steers are notoriously tough on the terrain. It's easy to tear up the ground in very little time. Skid steers don't have a suspension, so holes and ruts in the ground make for an extremely rough ride. Take the time to occasionally smooth out your work area—your back will thank you.

Is 2000 hours a lot for a bobcat?

I would say 2000 hrs is too much on those machines, stay away. If you can find well kept LS I wouldn't be afraid of 4000. It should go for another 4000.

Are John Deere skid steers any good?

John Deere skid loaders (or skid-steer loaders) are some of the best in the business, and for good reason. These mainstays of the construction field offer incredible power in a small body, which in turn allows for greater maneuverability in tight spaces.

What should you not do with a skid steer?

Try not to turn the machine or load/unload where the ground is not level, to avoid tipping. Never travel across slopes but straight up and down. The heavy end of the machine should face uphill. Do not operate the skid steer on unstable ground.

What is the number one selling skid steer?

In terms of popularity among the ten brands, Bobcat is the most popular capturing more than 30% of the overall resale channel market share, with Caterpillar and Deere rounding out the top three.

Which is better Takeuchi or Bobcat?

In addition to reliability, the Takeuchi TL140 and Bobcat T650 earn similarly high marks for transportability, maneuverability, and utility. The Bobcat T650 is a lighter yet competitively productive unit with an operating weight of 9,113 lb. – 656 lb. lighter than the Takeuchi TL140 at 9,769 lb.