You are allowed so many hours on that rental, so you really want to get all of them that you paid for. When renting equipment, time is the enemy. While it's possible to do all this yourself, it's very time consuming. If you need it hauled any distance at all, then you will need a dump truck to move it and a dozer to spread it out. If you dig and dump the dirt right next to the pond, then you will still need a dozer to spread it out. If you bought or rented and excavator, what would you do with the dirt you dug? I second the fact that after a week or 2 of sitting in the seat moving dirt it gets a bit tiring. I went thru approx 900 gallons of diesel last year in the pond renovation. No matter what you get, you'll need a diesel tank to fuel the equipment. Or you could get a KM PC308 or Hitachi ZX350LC-3 (24'-10" or 27' dig depth and weight of 73 to 82K) for $8900/mo. The local heavy equipment rental place will rent almost the same machine (a KM PC228 22' dig depth, 54,000# with a 36", 42", 48", or 54" bucket) rents for $5400 a month. He bought it for 30K, ended up rebuilding the hydraulic pump that drives the tracks, replacing all the hydraulic oil, replacing the starter, 3 hoses and this Spring he replaced the drive sprockets on the tracks. My pond was renovated with a komatsu PC200 I believe - see pics in "My Pond Renovation" thread. $8,000.00 for a rebuilt pump! If you get a good piece of equipment, then it would be worth it, the price of the equipment would probably cost what the pond would cost to build, not to mention the added expense of fuel, grease, and other equipment needed to move the dirt from where the excavator piles it to it's final resting place. Fer instance, a buddy's neighbor bought an excavator and the hydraulic pump went bad. If you don't know what you are looking at to buy, and something breaks, then it could get really expensive in a hurry.
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