How much does a concrete pump cost?

“How much does a concrete pump truck cost?” is an important question and easy to answer.

However, what is more difficult to answer are the questions that inevitably follow. How much does it cost to rent a concrete pump truck? How much does a trailer mounted concrete pump cost? What are my other options and which one is best for my business?

In this article, we will answer all of these questions and provide you with some simple solutions for moving concrete on your job site.

key points

• The average price of a used concrete pump truck is $119,477, with an average age of 21 years.
• The average rental for a concrete pump truck is $800 per hour ($215 per hour plus $3 per cubic yard pumped).
• New trailer-mounted concrete pumps cost between $30,000 and $60,000.
• A new miniature concrete pump costs between $16,000 and $18,000.

Concrete Pump Trucks: Quick Overview

Concrete pump trucks take the hassle out of moving wet cement. A pump truck eliminates the need for wheelbarrows and shovels on large jobsites.

A pump truck consists of a semi-tractor, a hopper for wet cement, pumps and a boom. After being loaded by a concrete mixer truck, the concrete pump truck will use its boom and pumps to pour and place concrete where needed.

Concrete pump trucks – Purchase costs

Depending on your location and the condition of the concrete pump truck, the cost of a new concrete pump truck will be $250,000 to $500,000 USD.

The used vehicle market for concrete pump trucks is not particularly large, given the very specific niche in which these trucks are used. This limited quality of used inventory tends to keep costs high.

We’ve researched online markets to find out the cost of used concrete pump trucks. Based on our research, the average age of used concrete pump trucks for sale was 21 years, with an average selling price of $119,480.

Concrete pump truck – Rental costs

If you are only looking to pump concrete for one-off jobs, renting a concrete pump truck by the hour can be a viable solution.

According to our research, the average rental price for a 46 million concrete pump truck is $215 per hour plus $3 per cubic yard of pumped concrete. Additional travel and cleaning fees often apply.

example

Assuming you have a large project that requires 1,600 cubic yards of concrete, you may decide to rent a local concrete pump truck.

Assuming the rental company charges $75 per hour for transportation, $215 per hour at the job site, and $3 per cubic yard pumped, your total rental cost for this project is as follows:

1,600 cubic yards of concrete will take approximately 8 hours to pump and will cost $1,720 (8 hours x $215 = $1,720).

Also, 1,600 cubic yards of pumped concrete will cost $4,800 (1,600 yards x $3 per yard = $4,800).

Finally, add an assumed 2 hours of travel expenses to $150 ($75/hour x 2 hours = $150).

This brings your total rental cost to $6,670 for the project.

Alternatives to concrete pump trucks

Buying a 20-year-old concrete pump truck for your business is like asking your grandmother to fill your soccer team. Sure, he’ll show up and do his best, but you won’t win.

Also, once you know the costs of renting and buying new, most concrete contractors quickly look for the best alternative.

Most often, the best options are concrete pumps mounted on trailers or skid steers.

Trailer Mounted Concrete Pump Costs

A trailer-mounted concrete pump is the perfect solution for residential construction. These concrete pumps are easy to transport, easy to maintain and offer a return on investment that is hard to match.

Most trailer-mounted concrete pumps are powered by 30- to 60-horsepower gas or diesel engines and will pump 15 to 20 cubic yards per hour.

The average cost of a new trailer-mounted concrete pump is $30,000 to $60,000 USD.

Miniature concrete pump costs

The best overall value is a miniature concrete pump.

A miniature concrete pump is powered by your miniature auxiliary hydraulic system, is portable, powerful, easy to maintain and has the lowest overall cost.

A miniature concrete pump will pump 10 to 12 cubic meters per hour, does not require a gas or diesel engine, has no wheels or axles to maintain, and will cost $16,000 to $18,000 new.

Economy of miniature concrete pumps

Let’s look at the example of a concrete contractor with a miniature concrete pump.

The average concrete contractor charges $125 per cubic yard of concrete plus labor. This means that the $17,000 purchase price of the concrete pump would be paid off after 136 cubic yards of concrete. This is roughly equal to pouring 9 30’x30′ slabs!

Another way to look at it is, if your concrete pump delivers 10 cubic yards per hour, your concrete pump would pay for itself in less than 14 hours.

No matter how you look at it, this is an incredible business investment.

Finance your new concrete pump

Regardless of what you’ve decided is best for your business, we can help you get started.

Our business financing is available not only for customers looking to finance a miniature or trailer mounted concrete pump, but can also be used to finance a new or used concrete pump truck.

Ask our staff about concrete pump financing today or click here to apply. It’s quick and easy!