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Receiving a skid steer in an inheritance might come as a surprise, especially if you're not familiar with the machinery or its uses. A skid steer loader is a versatile piece of equipment widely used in construction, landscaping, agriculture, and a range of other industries. If you've inherited one, you might be wondering what your next steps should be, whether you're keeping it, selling it, or deciding how to put it to use. This article will guide you through the process of understanding the value of the equipment, assessing its condition, and making informed decisions on how to handle it.
What is a Skid Steer Loader?
A skid steer loader is a compact, maneuverable machine with a rigid frame and lift arms used to lift, push, and dig. It is powered by either wheels or tracks and features a range of attachments, such as buckets, forks, or hydraulic hammers, to make it versatile for different tasks. The machine is typically operated by two levers or joysticks that control the movement of the wheels or tracks, which is where the term "skid" comes from, referring to the way the wheels or tracks lock in place to pivot the machine.
Skid steers are commonly used for:
Assessing the Condition of the Skid Steer
Before deciding what to do with the skid steer, it's important to assess its condition. Even if it was a well-maintained machine, time and usage may have affected its performance. Consider the following steps when evaluating the skid steer:
Once you've assessed the condition of the skid steer, you can start considering your options. Here are several potential paths to take:
1. Keep It and Use It
If you have a need for the skid steer and have the space to store it, keeping the machine might be a good option. Skid steers are incredibly useful for a range of tasks, whether you’re maintaining property, doing home improvement projects, or starting a landscaping business. If you’re unsure about the learning curve, many skid steers come with user manuals, and there are also training videos and resources online.
In some cases, the skid steer may be perfect for handling the maintenance of large properties or projects that require heavy lifting or moving materials.
2. Sell It for Cash
If you don’t have any use for the skid steer, selling it might be the best option. To determine its resale value, research the current market for similar models in similar condition. Several factors affect the resale value, including:
3. Rent It Out
If you’re not using the skid steer full-time but want to generate income, renting it out might be a viable option. Skid steers are in demand for short-term projects like landscaping, construction, or snow removal. Platforms like EquipmentShare and other rental marketplaces allow you to list your equipment for others to rent when it’s not in use. Ensure that the machine is in good working condition before renting it out to avoid liability issues.
4. Donate It
If you have no personal use for the skid steer and want to give back to the community, donating it to a local nonprofit, vocational school, or charity might be a meaningful option. Some vocational schools use construction equipment for student training, and your donation could help future generations of operators gain valuable hands-on experience.
Getting Professional Help
If you’re unsure about the condition of the skid steer, its value, or your options, don’t hesitate to consult professionals. Mechanic services and equipment appraisers can help you assess the machine’s condition, estimate its resale value, or recommend repairs. Additionally, local dealerships and online equipment brokers can offer advice on the best way to sell or rent out the skid steer.
Conclusion: Navigating the Next Steps
Inheriting a skid steer may initially feel overwhelming, but with the right knowledge and guidance, you can make an informed decision about what to do next. Whether you decide to keep the machine for personal use, sell it for cash, rent it out, or donate it, understanding the condition and market value of the skid steer will ensure you take the best possible course of action. Don't forget that there are plenty of resources available to help you make an informed choice, from professional equipment appraisers to online tools and guides.
What is a Skid Steer Loader?
A skid steer loader is a compact, maneuverable machine with a rigid frame and lift arms used to lift, push, and dig. It is powered by either wheels or tracks and features a range of attachments, such as buckets, forks, or hydraulic hammers, to make it versatile for different tasks. The machine is typically operated by two levers or joysticks that control the movement of the wheels or tracks, which is where the term "skid" comes from, referring to the way the wheels or tracks lock in place to pivot the machine.
Skid steers are commonly used for:
- Digging and excavation: They can scoop materials like dirt or gravel with a bucket.
- Landscaping and grading: They are great for moving soil, leveling terrain, and backfilling.
- Snow removal: They can be equipped with plows or snowblowers for clearing snow.
- Material handling: With forks or lifting attachments, skid steers are effective in lifting and transporting materials.
Assessing the Condition of the Skid Steer
Before deciding what to do with the skid steer, it's important to assess its condition. Even if it was a well-maintained machine, time and usage may have affected its performance. Consider the following steps when evaluating the skid steer:
- Check the Age and Model:
- Determine the year and model of the skid steer to understand its value and features. Skid steers have evolved over time, with newer models offering enhanced fuel efficiency, improved comfort, and greater lift capacities. Older models might be less efficient but still capable of handling many tasks.
- Determine the year and model of the skid steer to understand its value and features. Skid steers have evolved over time, with newer models offering enhanced fuel efficiency, improved comfort, and greater lift capacities. Older models might be less efficient but still capable of handling many tasks.
- Inspect the Engine and Hydraulics:
- Start the machine and listen for any unusual sounds from the engine. Check for leaks, particularly in the hydraulic system, as these are common issues in older equipment.
- Look for signs of engine wear, such as smoke, rough idling, or power loss, which could indicate that the engine needs servicing.
- Start the machine and listen for any unusual sounds from the engine. Check for leaks, particularly in the hydraulic system, as these are common issues in older equipment.
- Examine the Tires or Tracks:
- If the skid steer uses tires, check for uneven wear, cuts, or punctures that could affect its performance. For track-based skid steers, check the condition of the rubber tracks for cracks or signs of wear.
- Uneven tire wear could indicate alignment issues or problems with the drive system.
- If the skid steer uses tires, check for uneven wear, cuts, or punctures that could affect its performance. For track-based skid steers, check the condition of the rubber tracks for cracks or signs of wear.
- Review the Attachments:
- Skid steers are often sold with a variety of attachments, such as buckets, forks, or augers. Examine the condition of these attachments to ensure they are functional and safe to use.
- Skid steers are often sold with a variety of attachments, such as buckets, forks, or augers. Examine the condition of these attachments to ensure they are functional and safe to use.
- Operational Test:
- Drive the skid steer around a flat, open area to check the controls, braking system, and overall operation. Pay attention to how smoothly the machine moves, how responsive the hydraulics are, and if there are any issues with the steering.
- Drive the skid steer around a flat, open area to check the controls, braking system, and overall operation. Pay attention to how smoothly the machine moves, how responsive the hydraulics are, and if there are any issues with the steering.
- Maintenance History:
- If possible, obtain the maintenance records for the skid steer. Regular servicing and part replacements can help prolong the life of the machine. If the maintenance history is unknown, consider hiring a mechanic to inspect it.
- If possible, obtain the maintenance records for the skid steer. Regular servicing and part replacements can help prolong the life of the machine. If the maintenance history is unknown, consider hiring a mechanic to inspect it.
Once you've assessed the condition of the skid steer, you can start considering your options. Here are several potential paths to take:
1. Keep It and Use It
If you have a need for the skid steer and have the space to store it, keeping the machine might be a good option. Skid steers are incredibly useful for a range of tasks, whether you’re maintaining property, doing home improvement projects, or starting a landscaping business. If you’re unsure about the learning curve, many skid steers come with user manuals, and there are also training videos and resources online.
In some cases, the skid steer may be perfect for handling the maintenance of large properties or projects that require heavy lifting or moving materials.
2. Sell It for Cash
If you don’t have any use for the skid steer, selling it might be the best option. To determine its resale value, research the current market for similar models in similar condition. Several factors affect the resale value, including:
- Brand and model: Popular brands like Caterpillar, Bobcat, and Case tend to hold their value better.
- Age and condition: Newer and well-maintained models fetch higher prices.
- Attachments: Skid steers with desirable attachments can increase the resale value.
3. Rent It Out
If you’re not using the skid steer full-time but want to generate income, renting it out might be a viable option. Skid steers are in demand for short-term projects like landscaping, construction, or snow removal. Platforms like EquipmentShare and other rental marketplaces allow you to list your equipment for others to rent when it’s not in use. Ensure that the machine is in good working condition before renting it out to avoid liability issues.
4. Donate It
If you have no personal use for the skid steer and want to give back to the community, donating it to a local nonprofit, vocational school, or charity might be a meaningful option. Some vocational schools use construction equipment for student training, and your donation could help future generations of operators gain valuable hands-on experience.
Getting Professional Help
If you’re unsure about the condition of the skid steer, its value, or your options, don’t hesitate to consult professionals. Mechanic services and equipment appraisers can help you assess the machine’s condition, estimate its resale value, or recommend repairs. Additionally, local dealerships and online equipment brokers can offer advice on the best way to sell or rent out the skid steer.
Conclusion: Navigating the Next Steps
Inheriting a skid steer may initially feel overwhelming, but with the right knowledge and guidance, you can make an informed decision about what to do next. Whether you decide to keep the machine for personal use, sell it for cash, rent it out, or donate it, understanding the condition and market value of the skid steer will ensure you take the best possible course of action. Don't forget that there are plenty of resources available to help you make an informed choice, from professional equipment appraisers to online tools and guides.