True Price™ market estimate

2015 Caterpillar Caterpillar 938m Value

Valuation ID: ab348e6c-687a-45be-a971-4c2162eb068e

New valuation

Estimated likely private-sale value

$90,000

Low confidence
Quick-sale estimate$65,000
Likely value$90,000
Patient retail ask$125,000

Why this confidence level

The make was entered manually. There is only one direct comparable for a 2015 Caterpillar 938M wheel loader in the dataset, which has very high hours (11,334 hours asking $75,000). The subject machine has no hours or condition specified, necessitating a broad valuation range.

Asking-price matches

23

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

Mid-sized wheel loaders from tier-one manufacturers like Caterpillar maintain steady demand, but high-hour units face steeper discounting.

Regional pricing

National estimate; local transport logistics and regional construction activity may cause minor pricing variations.

Hours and usage

Operating hours were not provided. Average usage for a 2015 wheel loader is typically 6,000 to 9,000 hours. A unit near average hours will command the mid-to-high range, while a unit over 10,000 hours will drop toward the lower bound.

Data quality

Dataset lacks verified completed sales and includes only one direct model match. Broad price bounds reflect the unknown hour count and machine condition.

Pricing and time to sell

At $65,000

1 to 3 weeks

At $90,000

4 to 8 weeks

At $125,000

2 to 4 months

Comparable asking prices

Active asking prices provide market context but are not confirmed sale prices.

2015 Caterpillar 938M

True Machinery11,334 hoursGrand Prairie, TX

2014 Caterpillar D5K2 LGP

True Machinery6,455 hoursLindale, TX

2014 Bobcat S850

True Machinery2,060 hoursCity, IA

2016 Leeboy 8515

True Machinery2,700 hoursSchertz, TX

2017 Caterpillar 966M

True Machinery6,927 hoursGrand Prairie, TX

$210,000

View listing

2017 Leeboy 8515E

True Machinery4,268 hoursCity, MO

Factors considered

  • Lack of verified transaction sales data
  • Missing operating hours and condition details for the subject machine
  • Single direct asking price comparable of $75,000 with very high hours