Dump Trucks Buyer's Guide
Dump truck pricing
Table of Contents
Dump truck pricing varies tremendously, since the term includes 8' medium duty trucks and 21' heavy duty dump trucks. Here are some general guidelines as to what you can expect to pay for new and used dump trucks.
New heavy duty dump trucks can range from around $60,000 to well over $150,000, with common prices around $90,000 to $130,000. Medium duty dump trucks can be priced between $30,000 and $90,000, with most falling closer to $40,000 to $70,000.
There are all kinds of factors that will influence the price. The overall size and capacity of the truck is the biggest: at the high end of these price ranges, you'll get a truck with more horsepower, a bigger bed, and higher axle capacities. This is another reason to decide on your specs early on: knowing your capacity requirements will help you refine the price range more closely.
Used dump truck costs
Used dump truck prices can vary quite a bit, just like new truck prices. The largest trucks can still be over $100,000 if they don't have too much mileage on them, and you can find a useable medium-duty truck for $15,000.
More common prices are around $30,000 to $80,000 for used heavy duty trucks and $20,000 to $40,000 for medium duty. Of course, you can find trucks much cheaper - but at the low end of the price range you'll find either trucks with very high mileage, which reduces reliability, or trucks with limited capacities.
Whatever the list price, it's important to follow the steps described in Buying used dump trucks to make sure you get a high-quality truck.
Financing and leasing
As with any major investment, you'll have to decide whether you want to purchase your truck or lease it. The decision really should be based on your financial situation and the available lease options.
Owner/operators more often tend to purchase trucks than lease them, while fleet buyers lean more toward leasing. The main reason is that individual drivers tend to hang on to their trucks for much longer, while fleets turn over their vehicles more regularly.