A track loader is a valuable piece of equipment for many businesses typically involved in construction, mining, heavy-duty maintenance, and agricultural industries. It functions by having a low ground pressure, enabling it to have great traction on almost any surface. This allows for even more complex projects that involve digging and clearing dirt, stones, and other materials.
Having one can dramatically reduce the time and effort spent on a project, with the right track loader making it easy to haul heavy loads. It not only helps to increase productivity but also provides a cost-effective solution for any large work requiring special attention.
When considering purchasing a track loader, it is important to thoroughly examine the machine to ensure that it is functioning properly and will serve its intended purpose. This article talks through some of the key points to consider before laying down any funds.
How Much Does a Track Loader Cost?
When determining how much to spend on a track loader, it is important to consider the type of machine and its purpose. Track loaders come in various sizes, functions, and models — so pricing varies.
The cost of a track loader can range greatly depending on the intended use and condition of the equipment, with prices ranging from a few thousand dollars for a basic machine to upwards of $50,000 for more complex models. Needless to say, buying a track loader is a major investment that requires careful vetting.
What to Look For When Shopping For Track Loaders
It is important to thoroughly examine any track loader before purchasing it. Here are some key points to consider:
1. Condition of the Track Loader
Inspect the machine before buying. Check for signs of rust, wear and tear, or corrosion, and look for any visible damage, such as broken parts, leaks, or frayed wires.
2. Price Point
Consider your budget. Do you need a high-end machine with all the extra features, or will the standard version suffice?
3. Manufacturer and Model
Does the manufacturer have a good track record in terms of quality and longevity? Compare different models and makers to find which ones meet your needs in terms of size, power, speed, or other features. Some of the popular brands for track loaders are Caterpillar, Komatsu, and John Deere.
4. Location
Buying from a dealer who can provide on-site service and support in the event of any issues is practical. Note that shipping costs may be higher if the track loader has to be shipped from far away.
5. Warranty
Most track loaders come with some form of warranty that can protect you against the cost of mechanical failure and repairs, so make sure to ask about this before committing to anything.
As mentioned, acquiring a track loader is no small investment. It is important for buyers to do their research, consider all of their options, and carefully examine the equipment before making a decision. With that being said, having the right financial broker on your side can help you secure the best terms for your money.
Finance Track Loaders with Charter Capital
Charter Capital has been helping businesses get the equipment financing they need to grow their operations for more than 40 years. Our knowledgeable professionals will support you throughout the financing process, ensuring the best possible terms. Being a family-run business, we focus on providing personalized attention to guarantee a successful purchase.
We know that each business has unique needs, so we collaborate closely with our clients to identify the most suitable payment plans, interest rates, and loan terms. Our financial brokers are committed to delivering exceptional service and will assist you throughout the entire process.
If you need financing for any type of equipment, contact us at Charter Capital.