Is buying 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.
What is a good price for a skid steer?The lowest-capacity skid steer loaders can handle around 650-750 pounds and cost roughly $10,000-$15,000. A machine with a capacity of around 1,000-1,500 pounds might cost approximately $15,000-$20,000. Skid steer loaders with capacities ranging from around 1,500 to 2,000 pounds might cost around $20,000 to $30,000.
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.
How much should I pay for a used Bobcat?Small frame Bobcats cost between $25,000-$40,000, and used machines in excellent condition can be had for around $15,000-$25,000.
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