How Much Does A Crane Truck Cost

Nov 13, 2024 | trucks

Types of Crane Trucks

Telescopic Cranes

  • Price Range: $100,000 to over $500,000.
  • Cost varies with lifting capacity and brand. A 50-ton capacity crane typically costs between $250,000 and $350,000.

Knuckle Boom Cranes

  • Price Range: $50,000 to $200,000.
  • These are more affordable due to lighter load capabilities. Price depends on brand and features.

Hydraulic Mobile Cranes

  • Price Range: $200,000 to over $1 million.
  • Price is heavily influenced by lifting capacity. A 25-ton model starts around $200,000, while a 100-ton model can cost over $1 million.

Crawler Cranes

  • Price Range: $500,000 to over $2 million.
  • These are some of the most expensive due to heavy-duty construction and complex design.

Boom Trucks

  • Price Range: $50,000 to $300,000.
  • A basic model with a 10-ton capacity costs between $50,000 and $100,000. Advanced models with more capacity and features range from $150,000 to $300,000.

Rough Terrain Cranes

  • Price Range: $200,000 to $800,000.
  • These cranes are ideal for off-road conditions, with prices affected by brand and lifting capacity.

Price Range for New Crane Trucks

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Smaller Truck-Mounted Cranes

  • Starting around $50,000, these compact crane trucks are perfect for smaller jobs that require mobility and basic lifting.

Light-Duty Crane Trucks

  • Prices generally range from $80,000 to $120,000, depending on brand, capacity, and features. Ideal for lighter industrial tasks and general lifting.

Medium-Duty Crane Trucks

  • Priced between $120,000 and $200,000, depending on crane capacity and truck engine performance.
    • A 16-ton hydraulic knuckle boom crane costs around $24,210.
    • These trucks are suited for projects needing moderate lifting power and reliability.

Heavy-Duty Crane Trucks

  • Heavy-duty models start at $200,000 and can go over $500,000 for advanced options with high lifting capabilities.
    • 25 to 100-ton hydraulic mobile cranes are priced between $62,400 and $78,000.
    • 60-ton hydraulic truck cranes cost between $153,000 and $190,000.
    • A SINOTRUK HOWO 400HP 30-ton truck-mounted crane ranges from $40,800 to $44,880.

High-Capacity and Specialized Models

  • For larger models and custom configurations, prices can exceed $550,000.

Price Range for Used Crane Trucks

Used crane trucks have a wide price range depending on the model, condition, and features. Here is a breakdown of typical prices for used crane trucks:

  • General Price Range:
    • Smaller, older models start around $13,000.
    • Larger, more advanced models can reach up to $495,500[5].

Specific Examples

  • 2009 Palfinger PK23002 on a 2010 Freightliner M2 112: $41,000[3].
  • Weldon Hydra-Lift WHL30TC70 on a 2009 Kenworth C500: $57,000[3].
  • 2009 Kenworth C500 with a Weldon Hydra-Lift WHL30TC70: $70,000[3].

Listings by Location

  • Washington: $1,600 for a boom truck[3].
  • Idaho: $4,750 for a boom truck[3].
  • Florida: $6,000 for a boom truck[3].
  • New York: $10,000 for a boom truck[3].
  • Kentucky: $27,000 for a boom truck[3].
  • Illinois: $44,945 for a boom truck[3].
  • Tennessee: $55,000 for a boom truck[3].
  • Wyoming: $65,000 for a boom truck[3].
  • Florida: $75,000 for a boom truck[3].
  • High-end models can go up to $250,000[3].

Additional Listings

  • Commercial Truck Trader: Prices range from $26,999 to $349,000[2].
  • Equipment Trader: Prices range from $13,000 to $495,500[5].
  • CraneTrader.com: Prices depend on the model and condition[4].

Factors Affecting Cost

When determining the cost of a crane truck, several factors come into play. Understanding these factors helps estimate the overall price, whether you’re buying new or used. Here are the main elements that influence crane truck pricing.

Type of Crane

The type of crane you choose is one of the most important factors in determining the cost. Truck cranes, also known as mobile cranes, can vary greatly in price depending on their size and capabilities.
– Truck Cranes: Prices range from $50,000 to $2 million, depending on the model and features.
– Larger Cranes: Cranes designed for heavier lifting capacities typically cost between $200,000 and $1 million or more.

Lifting Capacity

The lifting capacity of the crane directly affects its cost. Cranes with higher lifting capabilities are generally more expensive due to their advanced engineering and additional features required for heavy lifting.
– Cranes with larger lifting capacities may range from $200,000 to $1 million, depending on the brand and specifications.

Reach and Height

The crane’s reach and height are also crucial factors that impact the price. Cranes with greater reach and higher lifting abilities are more expensive.
– Jibs and Extensions: Adding jibs or extensions that increase the crane’s reach or height can raise the cost, adding tens of thousands of dollars or more.

Special Features

Cranes equipped with advanced features like remote control, extendable jibs, and hydraulic ballast systems are more expensive. These enhancements improve crane performance but increase the cost.
– Features like hydraulic ballast systems can increase the crane’s cost by tens of thousands, with some advanced models adding hundreds of thousands of dollars.

Brand and Quality

The reputation of the crane manufacturer plays a major role in the cost. Cranes from top-tier brands are often more expensive due to their durability, quality, and support services.
– Cranes from renowned brands can cost between $100,000 and $1 million or more, depending on their configuration and capabilities.

Size and Configuration

The size and configuration of the crane also significantly affect its price. Smaller cranes are more affordable, while larger models with complex configurations come at a premium.
– Smaller Cranes: Typically range from $15,000 to $50,000.
– Larger Cranes: Prices can exceed $500,000, depending on the crane’s lifting capacity and features.

Location and Transportation

The location of the crane’s purchase and transportation costs are important considerations. Cranes purchased locally may have lower transportation expenses, while buying from distant suppliers could increase the total cost.
– Local vs. Distant Purchases: Transporting large cranes from distant locations can incur significant shipping costs.

New vs. Used Cranes

The cost of a crane varies between new and used models. Used cranes are much cheaper but may not come with warranties or the same level of support as new ones.
– Used Cranes: Can be much more affordable, but prices depend on the crane’s age, condition, and usage.

Operating, Maintenance, and Repair Costs

Ongoing operational costs, including maintenance, fuel, and repairs, can add to the total cost of owning and operating a crane.
– Maintenance and Repairs: Regular maintenance, replacement parts, and fuel costs can accumulate over time, adding to the long-term expenses of owning a crane truck.

Additional Costs

When calculating the total cost of owning and operating a crane truck, consider these additional expenses.

Maintenance and Operating Costs

  • Regular inspections: Each inspection costs around $600.
  • Ongoing maintenance: Covers parts and labor for general upkeep.
  • Fuel costs: Significant for heavy-duty operations, especially with larger cranes.
  • Insurance premiums: Covers both the crane and its operation.

Financing

  • Financing a crane: Credit purchases add financing costs and interest, increasing overall expense.
  • Monthly payments: Though substantial, they may still cost less than long-term rentals in some cases.

Operator Certification and Training

  • Certification: In some states, crane operators must be DOT-certified, which adds training and certification costs.

Rental vs. Ownership

  • Rental costs: Crane rentals can quickly become expensive, with some rentals costing about $2300 for just a few weeks. Frequent use may justify purchasing a crane instead.

Other Charges

  • Mobilization charges: $150 to $180 per hour, depending on crane size.
  • Mileage charges: Additional charges may apply for transporting the crane over long distances.
  • After-hours or weekend fees: Extra fees may apply for services outside standard business hours.

Inspections and Compliance

  • Regular inspections: Mandatory inspections contribute to overall maintenance costs.

Custom and Special Features

  • Special features: Items like remote controls or extendable jibs can raise maintenance and operating costs due to added complexity.

Where to Purchase a Crane Truck

When looking to purchase or rent a crane truck, there are several options to consider based on your preferences and budget.

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Manufacturers and Suppliers

Buying directly from trusted manufacturers and suppliers ensures you get new, high-quality crane trucks. Some well-known manufacturers include:
– Sinotruck HOWO
– LINK-BELT
– GROVE
– XCMGSinotruck HOWO

For instance, companies like Hualong International Technical Service  Co., Ltd. and Hubei DONGRUN AUTO CO. LTD. offer a range of crane truck models to suit different needs.

Online Marketplaces

You can find a wide selection of both new and used crane trucks on online marketplaces:
– Alibaba
– CraneTrader.com
– Made-in-China.com

These platforms feature trucks from manufacturers such as Altec, Auto Crane, IMT, and National. They allow you to compare prices and models to find the best option for your needs.

Auctions and Dealers

Used crane trucks are often available through auctions and private dealers. Websites like CraneTrader.com and Made-in-China.com list both new and used crane trucks from various dealers at competitive prices.

Price Range for Different Types of Crane Trucks

  • Heavy Duty Crane Trucks:
    Prices range from US$ 23,900 to US$ 44,900 for a Sinotruck HOWO 4X2 with a 16-ton wrecker and an 8-ton telescopic arm boom, and US$ 42,300 to US$ 63,800 for a 44 or 64 truck-mounted crane with a 16-ton mobile crane.
  • Truck Mounted Cranes:
    You can expect to pay between US$ 14,300 and US$ 16,000 for a hydraulic arm 4-ton to 16-ton truck-mounted crane, or US$ 17,900 to US$ 24,900 for a 25-ton folding arm articulated boom truck.
  • Rough Terrain Cranes:
    For larger rough terrain cranes, prices range from US$ 200,000 to US$ 250,000 for an 80-ton or 100-ton crane.

Financing and Rental Options

  • Financing:
    Some suppliers, like Custom Truck One Source, offer flexible financing plans with terms of up to 84 months, which can help manage your budget.
  • Rental:
    Renting crane trucks can be a cost-effective option for short-term needs. Many suppliers and marketplaces offer rental services for businesses with temporary projects.