How much does a 700 ton crane cost?

Written by Editorial Team | Last Updated: August 2026

Ultra-heavy-capacity cranes with a 700-ton lifting rating—such as massive all-terrain or crawler cranes used in heavy infrastructure and wind turbine installation—represent major multi-million-dollar capital investments. Depending on the brand, specialized configuration, boom attachments, and whether the unit is purchased new or pre-owned, prices typically range from $3 million to upwards of $8 million or more.

Heavy industrial mobile or crawler cranes possessing a massive 700-tonne lifting capacity command substantial financial investments, with brand-new units frequently costing several million US dollars depending on the specific manufacturer, specialized boom configurations, and advanced safety technologies included. Because these high-capacity machines are custom-ordered for specialized large-scale infrastructure and energy projects, secondary market pre-owned units and monthly commercial rental rates also vary widely based on operational hours and demand.

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