National Equipment Financing & Working Capital Blog

How Much Do Cranes Cost? A Look at Different Types of Truck-Mounted Cranes

Written by Paul Kendall | Jan 11 2023

If you’re in the construction industry, chances are you’ve heard of cranes. But what are they, really? And how much do cranes cost? Truck-mounted cranes are heavy-duty equipment that rely on an internal hydraulic system to lift and lift heavy loads. They are mounted on wheels to allow for greater mobility at the workplace. There are many different types of truck-mounted cranes, each with its own unique purpose and cost.In this blog post, we will explore the different types of cranes and how much do cranes cost Read on to learn more!

 

What is a Truck-Mounted Crane?


A truck-mounted crane is a type of crane that is mounted on a truck. Truck-mounted cranes are typically used for construction and maintenance purposes. They are also sometimes used for disaster relief efforts.Truck-mounted cranes come in a variety of sizes and configurations. The size and configuration of a truck-mounted crane will determine its lifting capacity and how much do cranes cost. You can find custom manufacturers to fit your budget and design the best truck for the work you do. 

There are some common types of Truck-Mounted Cranes. The most common type of truck-mounted crane is the telescopic crane. Telescopic cranes have a boom that can be extended and retracted. They are typically used for lifting heavy objects such as engines and machinery.

Another type of truck-mounted crane is the knuckle boom crane. Knuckle boom cranes have a boom that can be folded back on itself, much like the arm of a crane. Knuckle boom cranes are typically used for lighter loads, such as pipes and lumber.
Truck-mounted cranes can be rented or purchased. How much do cranes cost? Cost will vary depending on the size, capacity, and configuration of the crane. Used truck-mounted cranes may cost as little as $50,000, while new larger ones can cost upwards of $550,000.

The different types of Truck-Mounted Cranes

One of the most popular questions we get asked is “What are the different types of Truck-Mounted cranes, and how much do cranes cost?” In this post, we will answer both those questions in detail.

We often get asked how much cranes cost. The answer, unfortunately, is not a simple one. Cranes come in many different sizes and configurations, each with its own unique set of features and price tag.

We'll take a look at some of the different types of truck-mounted cranes available on the market today.

One of the most popular types of truck-mounted crane is the telescopic crane. Telescopic cranes are built on a variety of truck chassis, including both light-duty and heavy-duty trucks. They offer excellent lifting capacity and can be configured for a variety of different applications.

Another type of truck-mounted crane is the knuckle boom crane. Knuckle boom cranes are also built on a variety of truck chassis and offer excellent lifting capacity. They're well suited for applications where precise load placement is critical, such as in construction or utility work.

Articulating cranes are another type of truck-mounted crane. Articulating cranes are built on specialized truck chassis that allow for greater maneuverability and load placement flexibility. They're often used in challenging environments, such as in mining or construction work.

Finally, there are rotating telescopic cranes. Rotating telescopic cranes offer all the benefits of standard telescopic cranes, but with the added benefit of 360-degree rotation. This allows for even greater flexibility in load placement and makes them ideal for use in tight spaces.


How much do cranes cost?


The most common question we received is how much do cranes cost? Truck-mounted cranes are one of the most popular types of cranes, due to their versatility and relatively low cost. Prices for truck-mounted cranes can vary widely, depending on the crane's size, capacity, and features. Smaller truck-mounted cranes may cost as little as $50,000, while larger models can cost upwards of $550,000 depending if its a new crane or a used crane. Also factors such as the crane's lifting capacity, reach, and other features will affect the price. For example, a truck-mounted crane with a lifting capacity of 20 tons and a reach of 40 feet would typically cost more than a crane with a lifting capacity of 10 tons and a reach of 30 feet. Likewise, a crane with special features such as remote control or extendable jobs will also be more expensive than a basic model.When considering the cost of a truck-mounted crane, it is important to keep in mind that the purchase price is only part of the overall cost of ownership. Maintenance and operating costs must also be considered when making a decision on which crane to purchase. The cool thing is you can shop around and find custom manufacturers to build your truck and crane exactly how you want it. 


Financing Your Crane Purchase


No matter what type of construction business you have, if you're in need of a crane, chances are you're going to need to finance your crane because they're so expensive. When it comes to financing your crane purchase, there are a few things you'll need to take into consideration. First and foremost, you'll need to decide how much do cranes cost so you can realistically afford to buy your new crane. Keep in mind that the price of a crane can vary significantly depending on the year, make and model, so it's important to have a solid budget in mind before beginning your search. Once you've determined how much you can afford to spend, the next step is to start shopping around for your crane financing options. There are a number of different ways to finance a crane purchase, so it's important to compare interest rates and terms before making any decisions. If you're looking for the most affordable payment option, leasing will give you the lowest monthly payment. However, if you plan on pre paying your crane to save on interest then financing the crane through a loan with trust capital maybe your best option.  You can typically get monthly payment terms up to 84 months with as little as zero down and finance 100% of your crane purchase including sales tax. You can request deferred payment plans or seasonal payment plans. 

Why are Truck Mounted Cranes important?


Truck Mounted Cranes are a type of crane that is attached to the bed of a truck. They are used for many different purposes, such as lifting and moving heavy loads, and can be found in a variety of industries. 
Truck Mounted Cranes are an essential piece of equipment for many businesses, as they allow for the safe and efficient movement of large and heavy loads. There are many benefits to using Truck Mounted Cranes, such as their versatility, maneuverability, and power. 


Truck Mounted Cranes can be used in a variety of industries, such as construction, mining, and forestry. They are also able to navigate through tight spaces and over rough terrain, making them ideal for use in difficult-to-reach areas. 
In addition, Truck Mounted Cranes have a high lifting capacity, which allows them to lift and move large and heavy loads safely and efficiently. If you are in need of a crane for your business, it is important to consider the many benefits of Truck Mounted Cranes. Their versatility, maneuverability, and power make them an excellent choice for many different applications.


Final Thoughts On How Much Do Cranes Cost? A Look at Different Types of Truck-Mounted Cranes


The cost of a crane can vary depending on the type of crane, the size of the crane, and the features that are included. When deciding which type of crane to purchase, it is important to consider the specific needs of your project. Truck-mounted cranes are versatile and can be used for a variety of applications. If you need a crane that can handle heavy loads and has a long reach, then a truck-mounted crane is a good option. If you need a crane that is compact and easy to maneuver, then a mini-crane might be a better option. There are many different types of cranes available, so it is important to do your research to find the best option for your project. You can find a good deal on a used crane through a private party, a dealer and an auction. I hope you understand how much do cranes cost?