What is the price of a small excavator? Market conditions and purchasing guide in 2024
Recently, the construction machinery market has continued to gain popularity, especially small excavators (small excavators), which have become the focus of many individual users and small and medium-sized enterprises due to their flexibility and wide applicability. This article combines hot topics and industry data from the entire network in the past 10 days to analyze the current price trends of small excavators and provide purchase suggestions.
1. Analysis of small excavator market prices in 2024

According to data from e-commerce platforms, dealer quotations and industry forums, the price of small excavators (1-6 tons) is greatly affected by factors such as brand, configuration, and region. The following is a recent price comparison of mainstream brands (unit: RMB):
| Brand/Model | Tonnage | Standard configuration price range | High price range |
|---|---|---|---|
| SANY SY16C | 1.6 tons | 120,000-140,000 | 150,000-170,000 |
| XCMG XE15U | 1.5 tons | 110,000-130,000 | 140,000-160,000 |
| Caterpillar 301.5 | 1.5 tons | 180,000-220,000 | 230,000-280,000 |
| Lingong LG16 | 1.6 tons | 100,000-120,000 | 130,000-150,000 |
2. Key factors affecting the price of small excavators
1.brand premium: The prices of international brands (such as Caterpillar) are generally higher than those of domestic first-tier brands (SANY, XCMG). Second-tier brands have lower prices but may have limited after-sales service.
2.Configuration differences: Track material (rubber/steel), engine power (National III/National IV emission standards), cab configuration (with or without air conditioning), etc. all affect the price.
3.Regional supply and demand: Due to strong construction demand in East and South China, prices are usually 5%-10% higher than in northwest China.
3. Recent hot topics and user concerns
1.Implementation of National IV Emission Standards: Starting from 2024, many places will mandate National IV emissions, and some National III models will be cleared at reduced prices, but please pay attention to licensing restrictions.
2.The second-hand small excavator market is active: The price of second-hand equipment within 3 years is about 60%-70% of that of new equipment, but you need to be wary of the trap of refurbished equipment.
3.The rise of leasing model: The daily rent is 300-800 yuan, suitable for short-term project needs and reducing financial pressure.
4. Suggestions on purchasing
1.Clarify needs: 1-3 ton models are available for light operations such as farmland transformation and municipal engineering, and 4-6 ton models are required for mining or hard soil operations.
2.Compare services: Domestic leading brands usually provide 2-year warranty + localized maintenance outlets, which are more reliable than low-priced brands.
3.Pay attention to policy subsidies: Some provinces have purchase subsidies for environmentally friendly models, up to 10% of the selling price.
Conclusion
The current market price of small excavators is obviously stratified, ranging from 100,000 to 300,000. It is recommended that users conduct a comprehensive evaluation through online price comparison (such as Tiejia.com, Huicong.com) and offline test machines before purchasing. Recent industry forecasts show that with the decline in steel costs, there may be room for a 3%-5% reduction in the price of small excavators in the second half of 2024. Users who are not in a hurry can watch the market dynamics.
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