crane

Grove GMK3055

55 USt 3-axle all-terrain. Volume crane.

355 HP78k lbs20082018MSRP $850,000

Typical Resale Values

Estimated fair market value in good condition

2023 Model

3 years old

$476,000$643,500

2021 Model

5 years old

$360,000$487,000

2018 Model

8 years old

$162,500$220,000

* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →

Grove GMK3055 Specifications

Horsepower355 HP
Operating Weight78,000 lbs
Year Range2008–2018
Base MSRP (New)$850,000
Avg Annual Hours1,200 hrs/yr

Known Issues to Watch For

Common problem areas reported by owners and service technicians.

Popular Attachments

Common attachments that can add significant value to this machine.

jibfly section

Include your attachments when you request a valuation for a more accurate estimate.

What Affects Grove GMK3055 Value?

Hours

Average usage is ~1,200 hours/year. Lower hours command a premium, while machines over 9,600 hours see steeper discounts.

Condition

Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.

Location & Market

Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.

Attachments

Attachments like jib and fly section add value. Include them in your valuation for a complete picture.

Service History

Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.

Model Year & Gen

Production years 2008–2018. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.

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Frequently Asked Questions

Common questions about the Grove GMK3055, answered by EquipBook's equipment experts.

How much is a Grove GMK3055 worth?
A Grove GMK3055 is typically worth between $162,500 and $643,500 depending on year, hours, and condition. A 2023 model in good condition is worth $476,000–$643,500, while a 2018 model averages $162,500–$220,000. Get a free instant valuation at equipbook.ai/valuate.
What does a Grove GMK3055 weigh?
The Grove GMK3055 has an operating weight of 78,000 lbs (39.0 tons). This is a heavy cran in the Grove lineup.
What is the horsepower of a Grove GMK3055?
The Grove GMK3055 is powered by a 355 HP engine. This cran was produced from 2008 to 2018 with a base MSRP of $850,000.
How fast does a Grove GMK3055 depreciate?
A Grove GMK3055 loses approximately 13-17% of its value per year. A 3-year-old model retains about 66% of its MSRP, while a 5-year-old model retains about 50%. Average annual usage is 1,200 hours; machines with lower hours depreciate slower.
What are common problems with the Grove GMK3055?
Common issues reported with the Grove GMK3055 include: DEF on later; outrigger seals; main winch. Regular maintenance and pre-purchase inspections can help identify these problems early.

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