How this works

We depreciate the purchase price over the crane's age using either straight-line (same dollar drop each year) or declining balance (a fixed % of the remaining value each year), then nudge it for condition. The result is a rough value band of ±15% — real market value depends on hours, make, model demand and current inspections.

Estimated current value (8 yrs old, 6,500 hrs)

$198,698 – $268,827

Midpoint $233,762

This is an indicative desktop figure only. High hours, a lapsed major inspection or a soft market for this model can push you below the range — get a physical appraisal before you buy or sell.

General guidance only. This tool gives indicative results from the numbers you enter. It is not engineering advice, a compliance assessment or a substitute for a competent person, AS 2550 requirements or your crane manufacturer's documentation. Verify anything safety-critical with a qualified professional before acting on it.

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