If you’re considering purchasing a skid steer, you might be wondering: Should I buy a new or used skid steer? Just like buying a car, this decision depends on several factors, including budget, technology, long-term value, and your specific needs.
A skid steer is a powerful and versatile machine that can handle everything from moving heavy materials to digging, grading, clearing brush, snow removal, and more. But when it comes to choosing between a new or used skid steer, understanding the pros and cons of each option can help you make the right choice. Let’s break it down!
Benefits of Buying a New Skid Steer
When shopping for a skid steer, opting for a brand-new machine comes with several advantages:
Latest Technology & Features
- New skid steers come equipped with the latest advancements, such as:
- Advanced hydraulic systems for improved efficiency.
- Self-leveling capabilities to reduce operator fatigue.
- Digital controls and touchscreen displays for ease of use.
- Enhanced fuel efficiency to lower operating costs over time.
Excellent Condition & Manufacturer Warranty
- A new skid steer comes directly from the factory, ensuring that:
- There is no prior wear and tear or hidden mechanical issues.
- Most new machines include manufacturer warranties, reducing financial risks if repairs are needed.
- You get guaranteed optimal performance without concerns about previous maintenance or repairs.
More Customization Options
When buying new, you have the flexibility to:
- Select your preferred brand and model based on your needs.
- Choose specific attachments to match your workload.
- Get financing options that might not be available for used equipment.
Higher Resale Value Over Time
Although new skid steers depreciate faster initially, well-maintained equipment can still retain significant resale value in the long run.
Benefits of Buying a Used Skid Steer
A used skid steer can be a cost-effective solution, especially for those looking to save money without sacrificing performance.
Lower Initial Cost
- Used skid steers typically cost 30-50% less than new ones, making them a great option for budget-conscious buyers.
- The savings can be reinvested in high-quality skid steer attachments, maintenance, or other business expenses.
Avoid Depreciation Loss
- New skid steers lose value quickly in the first few years.
- A well-maintained used skid steer retains more of its value, meaning you can resell it later with minimal depreciation.
Availability of Proven Models
- Some older skid steer models are known for their durability and reliability.
- Buying used allows you to find models with a track record of long-term performance and fewer mechanical issues.
Faster ROI (Return on Investment)
- Lower upfront costs mean you can start seeing a return on your investment much sooner.
- Many used skid steers are already fitted with aftermarket attachments, saving you additional costs.
Key Considerations Before Buying
Whether you buy a new or used skid steer, consider these factors before making your decision:
- Intended Use – Are you using it for light-duty residential work or heavy commercial projects?
- Maintenance History (For Used) – Check service records to avoid future repair costs.
- Warranty & Support – Does the dealer offer any warranty or post-purchase support?
- Available Attachments – Ensure it’s compatible with the attachments you need.
- Resale Value – If you plan to upgrade later, consider depreciation rates.
Final Thoughts: Which One is Right for You?
If you need the latest features, warranties, and a machine in perfect condition, a new skid steer is a great investment. However, if cost savings and avoiding depreciation are your priority, a used skid steer can be a smart financial move.
No matter which option you choose, ensure you buy from a trusted dealer and inspect the machine thoroughly. A well-maintained skid steer—whether new or used—will help you tackle any project efficiently!