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The R100 000 Myth: Why a “New” Hydraulic Pump Isn’t Always Better Than a R35 000 Vikfin Used One

  • Writer: RALPH COPE
    RALPH COPE
  • 4 hours ago
  • 5 min read
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If someone has ever handed you a R280 000 + VAT quote for a brand-new main hydraulic pump and told you “it’s the only safe option”, then congratulations: you’ve just been sold the most expensive myth in South African earthmoving.


My name is Ralph – I run the Benoni yard in Gauteng and I’ve got a Komatsu K3V180 pump sitting on the bench right now that we pulled out of a PC400-6 two weeks ago. It’s cleaned, resealed, photographed from every angle and priced at R36 500 ex-VAT. The exact same pump from the Komatsu dealer today? R298 000 + freight + 12–20 week wait from Japan.


Same part number. Same factory that built it in 2009. Same 2 000+ hours still left in it. So why the R260 000 difference? And more importantly: which one actually makes you money in 2026?


Let’s tear this myth apart, rand for rand, litre for litre, and hour for hour.


Chapter 1: The New-Pump Sales Script You’ve Heard a Thousand Times

You know the drill:

  • “New pump comes with 12-month warranty”

  • “Zero risk of sudden failure”

  • “You’ll get full 10 000–15 000 hours life”

  • “Used pumps are a gamble”

Every single one of those lines is designed to scare you into signing the order. And every single one collapses the moment you look at the real-world numbers from fleets running Vikfin used pumps right now.


Chapter 2: The Cold Hard Numbers (November 2025 Prices)

Machine

New OEM Pump (Dealer)

Vikfin Used Pump (Inspected & Resealed)

Price Difference

Typical Hours Left in Vikfin Pump

Komatsu PC200-8

R168 000

R28 000 – R36 000

R132 000

4 000 – 8 000

PC300-8

R218 000

R32 000 – R42 000

R180 000

5 000 – 9 000

PC400-7/8

R298 000

R34 000 – R48 000

R260 000

4 500 – 8 500

Hitachi ZX350-3

R248 000

R32 000 – R44 000

R208 000

5 000 – 9 000

Cat 336D

R312 000

R38 000 – R52 000

R260 000

4 000 – 7 500

These are not made-up numbers. They are sitting on quotes in my inbox right now.


Chapter 3: Where the R260 000 Actually Goes

When you pay R298 000 for that “new” K3V180, here’s the breakdown:

  • Actual factory cost to Komatsu Japan: ≈ R68 000

  • Sea freight + insurance: ≈ R9 000

  • Komatsu SA markup & profit: ≈ R120 000

  • Dealer margin: ≈ R65 000

  • VAT: ≈ R44 000

You are literally paying R184 000 just for middlemen, branding and a sticker that says “genuine”.


At Vikfin we buy the entire machine for R200 000–R250 000, strip it ourselves, and sell the pump for what it’s actually worth in 2025: thirty-something thousand rand.


Chapter 4: The Warranty Lie

Dealer: “12 months parts & labour warranty” Reality: only valid if installed by an authorised dealer (R28 000–R45 000 labour), using only genuine filters, and you can prove perfect maintenance records. Miss one 500-hour service stamp and they walk away.

Vikfin: 30-day start-up guarantee. If it doesn’t work when you fit it, we take it back, no stories, full refund including your courier both ways. After that our returns rate on pumps is under 2.8 %. Why? Because we only sell pumps that look and measure like new internally.


Chapter 5: The Real Risk Comparison

Risk Event

New Pump Probability

Vikfin Used Pump Probability

Cost if It Happens (New)

Cost if It Happens (Vikfin)

Pump fails in first 500 hours

0.4 %

1.9 %

R298 000 + downtime

R36 000 + downtime

Pump lasts 4 000–8 000 hours

99.6 %

98.1 %

Zero extra

R36 000 total spend

Machine down waiting for part

12–20 weeks

0–2 days

R18 000/day lost hire

Zero

Even if the Vikfin pump only lasts 5 000 hours instead of the mythical 15 000, you still come out R200 000+ ahead.


Chapter 6: Case Study – Polokwane Road Contractor (Real Name Withheld)

June 2025: PC400-8 loses main pump on a Friday. Dealer quote: R302 000 + 16 weeks. Daily hire rate he was earning: R22 000/day. Potential lost revenue waiting: R2.464 million.

He phoned Vikfin Saturday morning. We had a K3V180 off a low-crime 2012 PC400-8 (7 800 hours total, perfect internals). Price delivered to site Monday: R38 500. Machine back earning Tuesday lunchtime. Total saving vs new: R263 500 cash + R2.4 million in kept revenue.


He bought us a braai pack and two cases of Hansa. Best R38 500 we ever made.


Chapter 7: How We Pick the Pumps That Actually Work

We reject about 35–40 % of the pumps we pull. Here’s the checklist (every pump gets photographed at each stage):

  1. Magnetic plug clean? (no bronze or chunks)

  2. Swash plate scoring under 0.02 mm?

  3. Piston shoes thickness > 4.6 mm and no edge damage?

  4. Cylinder block face flatness < 0.01 mm?

  5. Valve plate no heat marks or cavitation?

  6. Shaft spline wear < 0.15 mm?

  7. Case oil clean and gold, not black or milky?

If it fails any single one, it goes straight to the scrap bin or gets sold as a core only.

The pumps we do sell look boring – because boring is good.


Chapter 8: The “But What About Contamination?” Argument

Yes, 80 % of pump failures are caused by dirty oil, not the pump itself. That’s true whether the pump is new or used.


A brand-new R298 000 pump in dirty oil will die in 800 hours. A good used Vikfin pump in clean oil will give you 6 000–9 000 hours easy.


The pump doesn’t know how much you paid for it. It only knows ISO cleanliness code.


Chapter 9: When You Genuinely SHOULD Buy New (Yes, We’ll Admit It)

  • Machine under full maintenance contract with the OEM

  • You have unlimited budget and zero pressure to make money

  • You’re running a sanctioned mine that won’t allow used parts for compliance reasons

  • The pump you need is from a very rare model we’ve never seen (happens maybe once a year)

For 99 % of contractors, plant-hire guys and owner-operators in South Africa? Used wins every time.


Chapter 10: The Final Maths That Will Make Your Accountant Cry Happy Tears

Let’s say you need a PC400-8 pump today:

Option

Cost

Downtime

Hours Expected

Cost per Hour

New dealer pump

R298 000

16 weeks

14 000

R21.28

Vikfin used pump

R36 500

2 days

7 000

R5.21

Vikfin + independent test

R36 500 + R18 000 = R54 500

10 days

7 000

R7.78

Even if you’re super cautious and pay for the independent test, you’re still saving R243 500 and getting back to work months sooner.


Wrap-Up: Stop Worshipping the Word “New”

In 2026 South Africa, diesel is R26+, interest rates are brutal, and clients are squeezing rates harder than ever. The guy who keeps his machine earning instead of waiting for a boat from Japan is the guy who survives.


We’re not saying every used pump is perfect. We’re saying the ones we sell are the top 60 % of what’s out there, priced honestly, and backed by a returns policy that actually works.

So next time someone tries to sell you the R100 000 myth (or the R260 000 reality), laugh, hang up, and WhatsApp us a photo of your serial plate.


We’ll probably have your pump on the shelf before you finish your dop.



 
 
 

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083 639 1982 (Justin Cope) - Durban

071 351 9750 (Ralph Cope) - Johannesburg

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