Second Hand Engineering Drilling Rig for Sale in Chile 2025: Price List, Quotation & ROI Guide
Are you looking to buy a second hand engineering drilling rig in Chile but worried about hidden costs or reliability? You’re not alone. Over 60% of mining and construction firms in Chile now prefer used equipment to cut upfront costs – if they can find trusted suppliers. Let’s break down the real prices, key ROI factors, and where to get guaranteed quotes.
Current Market Prices of Second Hand Rigs in Chile
In 2023, average prices for second hand engineering drilling rigs in Chile ranged from $75,000 to $320,000, depending on drill depth (100m to 600m models). For example:
- 300m hydraulic rig (2020 model): $185,000–$215,000
- 450m crawler rig (2018 model): $260,000–$300,000
Chinese-made used rigs dominate 45% of Chile’s market due to lower price per piece ($90k–$180k). But European brands like Sandvik retain higher resale values (+20%) for rugged mining sites.
Why Santiago Companies Choose Pre-Owned Rigs
Take Minera Los Azules: In 2024, they bought a refurbished 400m rig from a German supplier for $278,000 – 40% cheaper than new units. After 8 months of copper exploration, they achieved full ROI. The secret? A clear buying guide focusing on:
- Certified maintenance history
- Local warranty coverage
- Drill bit compatibility
How to Get the Best Quotation & Deals
Chilean buyers often face two problems: (1) Limited local stock, (2) Long import delays. Here’s the fix:
- Supplier networks: Partner with hybrid dealers like RigHub (Santiago & Shanghai offices) that stock 30+ inspected rigs locally.
- Policy perks: Chile’s VAT exemption for recycled industrial equipment can save you 19%.
5 Questions to Ask Before Buying
“How many shifts has this rig operated?” (aim under 15,000 hours)
“Is the diesel engine Tier 3 certified?” (required for Atacama mining zones)
“What’s the ROI timeline for 250m/day projects?” (6–14 months is typical)
As Chile’s mining sector grows 7% annually, flexible payment plans are now common. Top Lima and Santiago suppliers even offer lease-to-own options at 6.9% APR. Ready to compare 2025 price lists? Contact verified dealers this week – inventory moves fast during copper price rallies.
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