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A road grader is an important piece of heavy equipment that can help make construction jobs easier and more efficient. But before purchasing one, you need to know the cost and how to fund the purchase of this rather pricey piece of heavy equipment. In this blog post, we’ll outline the cost of a road grader and provide tips on how to best finance it.
A road grader is a construction machine that creates a smooth, level surface on a dirt or gravel road. Road graders are also known as motor graders, maintainers, or simply graders. These machines typically have a large blade in the front that can be raised or lowered to push material around. Road graders are often used in conjunction with other heavy equipment, such as excavators, to level roads and prepare them for paving.
There are many different types of road graders on the market, ranging in size, power, and features. The type of machine you’ll need will depend on the scope of your project. For example, a small residential construction site might only require a mini road grader, while a large commercial development will need a much larger machine. Here is a quick overview of some of the most popular types of road graders:
The cost of a road grader will vary depending on the size, power, and features. Small or mini road graders start at around $15,000, while large commercial grade machines can cost upwards of $100,000. If you’re looking for a used road grader, you can expect to pay about half the price of a new one.
To give you an idea of the cost of popular road graders for sale, here are the pricing ranges for the top brands:
There are many benefits to financing your road grader, including:
Compared to leasing a road grader, financing has several advantages. With financing, you’ll own the machine outright and can sell it or trade it in when you’re ready to upgrade to a newer model. With leasing, you’ll have to return the road grader to the leasing company at the end of the lease term and will have no equity in the machine.
If you’re considering financing your road grader purchase, the Charter Capital team can help. We offer a variety of financing options that can meet your needs. We’ve been supporting businesses of all sizes and industries with their equipment financing requirements for over 40 years. Our team of experts is ready to help you find the best funding solution for your business.
To learn more about our road grader financing options, contact us today. We’ll be happy to answer any questions and help you get started with the process.