Every theme park needs a Ferris wheel. In the end, it is amongst the oldest and the majority of iconic types of fairground rides for sale on the planet. It gives you visitors with a thrilling riding experience and stunning birds-eye views of any entire theme park based on its height. An added-large Ferris wheel may change the skyline of the venue making for great amusement park marketing material photos. But, how much does this kind of ride cost normally? Might it be really worth the investment? Within this short post, we discuss some of the main factors that influence Ferris wheel ride prices.
To begin with, however, it's important to understand that it's easy to buy new and refurbished rides. It's also easy to lease Ferris wheels. Your financial budget along with the location of your own amusement park business will likely decide if buying or leasing is the greatest option. For context, the average expense of a whole new Ferris wheel ride is around $325,000, as the average price of a used ride ranges from around $55,000 to $100,000 in the states.
Factors That Influence Ferris Wheel Ride Prices
1. Brand
The brand of the Ferris wheel ride has a big impact on prices. Globally renowned brands can charge more as customers know these are receiving a quality product using a lengthy warranty. Some of the most-well know theme park ride manufacturers include Beston, Intamin, Skyline Attractions, Eli Bridge, and Premier Rides. To make sure you benefit from the best prices, it's wise to obtain price estimates from multiple top-rated amusement rides manufacturers.
2. Condition
Pre-owned rides as obviously less than new models using the same specs. However, used rides often require more repairs and might find yourself costing a venue a ton of money to keep. For carnival operators with a limited budget, leasing a Ferris wheel can be a great substitute for sinking money into a used ride.
3. Size
Ferris wheels are available in an array of sizes. The largest models can cost over $1 million. One benefit of getting a much bigger-sized model, however, is the fact that rider capacity is significantly higher making it possible for increased hourly earnings during operation. In spite of this, a kiddies version with seats for only 6 riders can have lower initial investment costs and will be both quicker to maintain and cheaper to insure.
4. Features
Extra features such as low-energy lights, anti-corrosion paintwork, rotation speed variations, and uniquely shaped gondolas can all add to the total price of a Ferris wheel ride. But, such features can draw more traffic in your venue, so may be often definitely worth the extra investment.
5. Supplier
It is possible to generally save a lot of money by selecting your supplier carefully. Sometimes you'll discover that overseas suppliers can sell theme park rides cheaper than 50% of the cost of identical models stocked by domestic suppliers. However, you ought to avoid purchasing almost any fairground rides from overseas suppliers that offer no warranty, guarantee, or after-sales services.
As you can see, many factors dictate just how much a Ferris wheel ride costs.
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