When is it cheaper to rent a 2023 CAT 304 Excavator by the week than by the day?

From day 4. 4 days at the $310 day rate would be $1,240, but the weekly rate caps it at $1,200.

When is it cheaper to rent a 2023 CAT 304 Excavator on the 28-day rate?

From day 17. At that point the week-and-day composition reaches the $3,100 28-day rate, and the price stops climbing for the rest of the cycle.

Break-even duration

Equipment rents on three rates — a day rate, a week rate and a 28-day rate — and the cheapest one changes as the job runs long. This finds the two days where it changes, on a real listing’s real published rates.

2023 CAT 304 Excavator

See the listing →

Aaron Stuart · Excavators - Mini

Day: $310
Week: $1,200
28 days: $3,100

Daily stops winning on

day 4

4 days at the day rate would be $1,240. On the week rate it is $1,200.

Weekly stops winning on

day 17

17 days at the day rate would be $5,270. On the 28-day rate it is $3,100.

The working

Whole weeks bill at the week rate; the leftover days bill at the day rate but never add up to more than one extra week; and a whole 28-day cycle never costs more than the 28-day rate. That is the rule, applied one day at a time.

Rental price by duration for 2023 CAT 304 Excavator, days 1 to 35
Days	At the day rate	On the ladder	Difference	Rate in play
1	$310	$310	—	day
2	$620	$620	—	day
3	$930	$930	—	day
4	$1,240	$1,200	you save $40	week
5	$1,550	$1,200	you save $350	week
6	$1,860	$1,200	you save $660	week
7	$2,170	$1,200	you save $970	week
8	$2,480	$1,510	you save $970	week
9	$2,790	$1,820	you save $970	week
10	$3,100	$2,130	you save $970	week
11	$3,410	$2,400	you save $1,010	week
12	$3,720	$2,400	you save $1,320	week
13	$4,030	$2,400	you save $1,630	week
14	$4,340	$2,400	you save $1,940	week
15	$4,650	$2,710	you save $1,940	week
16	$4,960	$3,020	you save $1,940	week
17	$5,270	$3,100	you save $2,170	28-day
18	$5,580	$3,100	you save $2,480	28-day
19	$5,890	$3,100	you save $2,790	28-day
20	$6,200	$3,100	you save $3,100	28-day
21	$6,510	$3,100	you save $3,410	28-day
22	$6,820	$3,100	you save $3,720	28-day
23	$7,130	$3,100	you save $4,030	28-day
24	$7,440	$3,100	you save $4,340	28-day
25	$7,750	$3,100	you save $4,650	28-day
26	$8,060	$3,100	you save $4,960	28-day
27	$8,370	$3,100	you save $5,270	28-day
28	$8,680	$3,100	you save $5,580	28-day
29	$8,990	$3,410	you save $5,580	day
30	$9,300	$3,720	you save $5,580	day
31	$9,610	$4,030	you save $5,580	day
32	$9,920	$4,300	you save $5,620	week
33	$10,230	$4,300	you save $5,930	week
34	$10,540	$4,300	you save $6,240	week
35	$10,850	$4,300	you save $6,550	week

Rental rates only. Protection and the marketplace service fee are added on top — see the checkout figure below.

What checkout will quote you

Our pricing service couldn’t be reached just now, so there’s no checkout figure to show. The rate table above is unaffected — it’s the operator’s published card.

Pick a listing

The numbers come from one operator’s published rates, so the tool needs to know whose.

Where these numbers come from

The rates are the operator’s own, read live from their listing. The arithmetic is the same best-price billing engine that produces 2Quip invoices — not a second copy written for this page — run on the industry-standard terms: a 28-day cycle, whole weeks at the week rate, leftover days at the day rate capped at one more week.

An operator can agree different terms on an individual rental, and a long rental bills per 28-day cycle rather than in one lump. So treat this as what the rate card says, and the operator’s quote as what you are agreeing to.