Backhoe Rental Cost Per Day in 2024

  •   Sep 2023  •   6 min read  •   Comment

Backhoe Rental Cost Per Day – A backhoe is a piece of heavy equipment that is commonly used in construction and excavation projects.

It is a type of excavator that is designed with a digging bucket on one end and a digging arm on the other end.

Backhoes are versatile machines that can be used for a wide range of tasks, including digging foundations, excavating trenches, removing debris, grading land, and more.

Backhoes come in a range of sizes and models, with varying capabilities and features.

The rental cost of a backhoe can also vary depending on the size and features of the machine, as well as the duration of the rental period.

Backhoe Function

Backhoe Rental Cost Per Day

A backhoe is a versatile piece of equipment that can perform a wide range of functions in construction, excavation, landscaping, and other industries.

Here are some of the common functions of a backhoe:

Digging

Backhoes are designed to dig into the ground, whether it’s for digging a foundation, creating a trench, or excavating soil or other materials.

Material Handling

The bucket on the backhoe can be used to scoop up and move materials such as dirt, sand, gravel, and rocks.

Demolition

A backhoe can be used to tear down walls or other structures by using the bucket to knock them down.

Grading

The backhoe can be used to level out the ground, either by using the bucket or by using a grading blade attached to the backhoe.

Landscaping

Backhoes can be used for landscaping tasks such as digging out ponds, shaping hills or embankments, and removing trees or other obstacles.

Snow Removal

In areas with heavy snowfall, backhoes can be used to clear snow from roads, sidewalks, and other areas.

Transportation

Backhoes can be used to move heavy materials or equipment from one location to another, especially if they are equipped with a front loader.

Read More: International Heavy Machinery Shipping Services

Backhoe Rental Cost Per Day

Backhoe Rental Cost Per Day

Backhoe rental prices typically range from $280 to $1,000 per day, $800 to $3,500 per week, and $2,200 to $8,000 per month.

Prices vary greatly depending on project size, brand, model and location.

Local retailers or online equipment rental marketplaces can provide the most accurate pricing information for your area.

However, rough estimates are still useful for planning budgets and developing initial cost estimates.

Average Daily RatesAverage Weekly RatesAverage Monthly Rates
60-89 hp Standard Backhoe$280-$600$800-$1,500$2,000-$3,000
90-109 hp Large Backhoe$400-$800$900-$2,000$2,500-$7,000
110+ Extra Large Backhoe$500-$1,000$1,500-$3,500$3,000-$8,000

Read More: Excavator Rental Prices per Hour in 2024

What Affects Backhoe Rental Costs?

Backhoe Rental Cost Per Day

Several factors can affect backhoe rental costs, including:

Location: Rental prices can vary depending on the location of the rental company and the availability of backhoes in that area.

Type Of Backhoe

The type of backhoe required for the job can impact the rental cost.

For instance, a larger and more powerful backhoe may be more expensive to rent than a smaller and less powerful model.

Rental Duration

The length of the rental period can also affect the rental cost.

Typically, longer rental periods result in lower daily rates.

Additional Fees

Rental companies may charge additional fees for delivery, pickup, and insurance.

Fuel charges may also apply, particularly for longer rental periods.

Demand

Rental costs may be higher during peak periods when demand for backhoes is high, such as during construction seasons or after natural disasters.

Maintenance costs

Rental companies incur maintenance costs for keeping their backhoes in good working condition, and these costs may be passed on to the renter.

Availability

If there is a shortage of backhoes in the area or if the rental company has limited inventory, rental costs may be higher.

Read More: 5 Heavy Equipment Leasing Companies

Additional Costs To Consider Renting Backhoe

Backhoe Rental Cost Per Day

In addition to the daily rental cost of a backhoe, there may be several additional costs to consider when renting one, including:

Delivery And Pickup Fees

If the rental company needs to deliver the backhoe to your job site or pick it up when the rental period is over, they may charge a delivery and/or pickup fee.

Insurance

Rental companies may offer insurance to cover any damage that may occur while the backhoe is in your possession.

This insurance may be optional or mandatory, depending on the rental company’s policies.

Fuel Charges

The rental company may charge for the fuel used during the rental period, particularly for longer rental periods.

Damage Or Cleaning Fees

If the backhoe is returned damaged or not in the same condition it was rented in, the rental company may charge a fee for repairs or cleaning.

Overtime Fees

If you exceed the agreed-upon rental period, the rental company may charge an overtime fee for each additional hour or day.

Taxes

Depending on the location and rental company, taxes may be added to the rental cost.

It’s important to discuss all potential additional costs with the rental company before renting a backhoe to avoid any surprises when the rental period is over.

Read More: Construction Equipment Rental Rates

Advantages of Renting Backhoe

Backhoe Rental Cost Per Day

There are several advantages to renting a backhoe, including:

Cost-effective

Renting a backhoe can be more cost-effective than purchasing one, particularly if you only need it for a short period or for occasional use.

Access To  Newer Equipment

Rental companies often update their equipment regularly, meaning that you will have access to newer and better-maintained equipment than you may be able to afford to purchase.

Flexibility

Renting a backhoe gives you the flexibility to choose the right equipment for each job, without having to worry about the cost of purchasing and maintaining multiple pieces of equipment.

Maintenance And Repair

Rental companies are responsible for the maintenance and repair of their equipment, so you won’t have to worry about the cost or hassle of maintaining or repairing the backhoe.

No Storage Requirements

If you rent a backhoe, you won’t need to find a place to store it when it’s not in use, which can be particularly beneficial if you have limited space.

Reduced Risk

Renting a backhoe can reduce your financial risk, as you won’t have to invest a significant amount of money upfront to purchase the equipment.

Overall, renting a backhoe can be a cost-effective and convenient way to access the equipment you need for your project without having to worry about the financial and logistical challenges of purchasing and maintaining your own equipment.

Read More: 9 Heavy Equipment Transport Companies

Conclusion

Is it worth renting an excavator? While some areas of the construction industry are starting to show better economic prospects, some companies are taking a more conservative approach to investing in fleet growth, at least until projects start to outpace productivity.

A backhoe loader is usually a must in the construction industry because it can do many jobs with one machine.

For a small business or just starting out, renting a backhoe may give its a higher ROI until a new project starts to recoup the cost of buying an entire backhoe.

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