On September 10, at Alibaba auction, Baise City ushered in a very popular vehicle auction. This auction was an excavator. This excavator was not an excavator in a well-known domestic brand such as Liugong or Shangong, but a Katou brand HD820R hydraulic excavator. The excavator is not very old or small. It was purchased in October 2016 and is already 9 years old. However, for excavators, the main thing is to look at how many hours the excavator has been used, not how many kilometers or age it has been driven. This excavator has now worked for 3979.4 hours. I wonder if this working time is considered long for professionals? The auction announcement stated that the excavator had obvious rust spots on the body, and the original paint fell off a lot; 2. Structural component status: the boom/buckle rod has weld cracks, the pin hole is worn, the bucket teeth tip is missing, and the crawler frame has cracks and deformation; 3. The hydraulic system lacks oil; 4. Power system: The engine starts the smoke exhaust color is normal.



Kato Excavator is produced by a Japanese company. It once had a factory branch in China. It is Kato (China) Engineering Machinery Co., Ltd., located in Kunshan, Jiangsu, but it has closed down and no longer produced.
The Kato excavator for this auction is currently parked in Jiefang Community, Sicheng Town, Lingyun County, Baise City, Lingyun County, Baise City. The starting price of this auction is 137,000 yuan. I don’t know if it is because of the low starting price. The auction attracted as many as 15 people to sign up for the auction, which is a very popular second-hand excavator. Finally, after 114 bids, the excavator was sold at a high price of 266,000 yuan, with a transaction price of 129,000 yuan higher than the starting price, with a premium rate of 94%.

What do you think is the price of 266,000 yuan for such a second-hand excavator?