COST OF OWNERSHIP
Owning Costs
- The benefit of buying a SANY excavator is that SANY is fully loaded. The “add-ons” that are critical to the operating of your machine often come at an additional cost with other brands.
- LED lighting packages, auxiliary hydraulics, heat/AC, and so many vital features within an excavator are considered “additional” features on leading brand products. With SANY, you can expect those items to not only be included in your total price but also expected and standardized.
- To see a full selection of our mini excavators, check out this page.
- SY35U Excavator itself – one-time purchase of around $52,000
- At least one bucket – one-time purchase of around $1,200
- Quick Coupler – one-time optional purchase around $3,500
- Thumb – one-time optional purchase of around $3,500
Warranty/Extended Warranty
- When you purchase a new SANY excavator from an authorized dealer, you'll enjoy a 5-year, 5000-hour warranty that sets it apart from the competition.
- This comprehensive warranty covers everything on the machine except for wear and tear parts, giving you peace of mind and ensuring you can confidently and easily tackle any job.
- With the SANY warranty, you won't have to worry about unexpected repair costs or downtime, allowing you to focus on what matters most - growing your business and delivering top-notch results.
Cost of Interest
Additional Business Costs
- You must pay a sales tax with your new mini excavator in most states.
- However, you can utilize your new equipment as a tax write-off for your business utilizing the Section 179 tax deduction.
- As with any high-price business expense, you will want – and need – insurance on your new SY35U. Usually, insurance costs are approximately 2% of the machine cost.
- Customers often choose to insure their heavy equipment through their business insurance.
Mini Excavator Operating Costs
- The excavator itself
- Fuel per hour
- Scheduled and unscheduled maintenance
- Labor
- Transportation fees
- Dump fees
- Permit fees
- The profit margin you want to charge for the job.
Fuel Cost Per Year
Daily Lubrication Cost Per Year
Operator Salary Per Year
ROUTINE MAINTENANCE COSTS
Oil Changes
Servicing
- For an SY35U machine, your first service will come at the 50-hour mark.
- Then every 250 hours, you will have to change your engine oil and filter.
- At 500 hours, you’ll change everything on the engine including the fuel, oil, and air filters. You can buy a 500-hour filter kit for the SY35U for $170
- When you hit 1000 hours, you’ll change everything including the hydraulic filters (return filter, suction filter, and pilot filter). That kit runs at $308.25.
- To maintain your machine for up to 2000 hours, you will need to spend $1340 on filters, and an additional sum on your oil changes.
- Cabin filters can be changed as necessary if applicable.
Consumables Cost
Replacement Tracks
Other Replacement Parts
So what’s the cost?!
| Replacement Part | SANY Cost | Leading Brand Cost |
|---|---|---|
| Set of Tracks | $2040 | $3089 |
| Front Glass Assembly | $420 | $1588 |
| Stick Bushings and Seals | $31 | $86 |
Resale Value of an SY35U Mini Excavator
- Age of the machine (model year)
- Machine configuration (hydraulics, attachments, tracks, etc.)
- Hours (meter reading)
- Location
- Condition
- Current Market
Calculating the Total ROI of your SANY SY35U Mini Excavator
- Current fixed costs of owning an SY35U mini excavator
- Estimated variable costs of owning an SY35U mini excavator
- Running the machine 700 hours a year for the course of 5 years (aka 3500 hours)
| Item | Notes | Units | Cost | Total |
|---|---|---|---|---|
| SANY SY35U Excavator | One-time spend | 1 | $52,000 | $52,000 |
| Warranty | Standard with SANY | 1 | $0 | $0 |
| Bucket | One-time spend | 2 | $1200 | $2400 |
| Quick Coupler | One-time spend | 1 | $3500 | $3500 |
| Thumb | One-time spend | 1 | $3500 | $3500 |
| Replacement Track Set | At the 2500-hour mark | 1 | $2450 | $2450 |
| Sales Tax | Assuming 6% of the machine | 1 | $3120 | $3120 |
| TOTAL | | | | $66,970 |
| Item | Notes | Units | Cost | Total |
|---|---|---|---|---|
| Fuel per 4-5 Hour Day | 260 workdays per year | 260 | $20.13 | $5234 |
| Grease | 260 workdays per year | 260 | $9 | $2340 |
| Filter Changes up to 2000 Hours | 2.5 times over two years | 2.5 | $1340 | $3350 |
| Replacement Front Glass Assembly | Accidental fund | 1 | $420 | $420 |
| Insurance | Assuming 2% of the machine | 5 | $1040 | $5200 |
| TOTAL | | | | $16,544 |
| Item | Notes | Cost |
|---|---|---|
| Fixed Costs | Fixed costs of an SY35U mini excavator | $66,970 |
| Variable Costs | Variable costs of an SY35U mini excavator | $16,544 |
| Resale Value | Approximate value after 3500 hours over five years | $25,000 |
| | TOTAL COST | $58,514 |