True Price™ market estimate

2019 Caterpillar Caterpillar 938m Value

Valuation ID: 67f09ae5-32d2-4ec8-8da9-f299c754a897

New valuation

Estimated likely private-sale value

$125,000

Low confidence
Quick-sale estimate$85,000
Likely value$125,000
Patient retail ask$175,000

Why this confidence level

The make was entered manually. No verified completed sales data was available. The provided comparables show a massive spread in asking prices for 2019 Caterpillar 938M models ($95,000 to $182,000), and specific hours and condition for the subject machine were not provided.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

The market for tier-1 medium wheel loaders remains generally steady, though listing prices vary significantly based on usage hours, bucket configuration, and regional location.

Regional pricing

National estimate applied with no specific state modifier. Local freight logistics and regional construction activity can impact final transaction prices.

Hours and usage

Operating hours were not provided. Lower-hour units (under 4,000 hours) command prices toward the top of the range, while higher-hour units (6,000+ hours) trend near or below the low estimate.

Data quality

Data is limited by a lack of historical transaction records and unknown machine hours/condition.

Pricing and time to sell

At $85,000

1 to 3 weeks

At $125,000

4 to 8 weeks

At $175,000

2 to 4 months

Comparable asking prices

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

2019 Hyundai HX130 LCR

True Machinery5,050 hoursLindale, TX

2019 Caterpillar 305.5E2

True Machinery2,475 hoursLindale, TX

2019 Caterpillar 938M

True Machinery7,030 hoursGrand Prairie, TX

$182,000

View listing

2019 Caterpillar 336

True Machinery9,640 hoursGrand Prairie, TX

$225,000

View listing

2019 Caterpillar 938M

True Machinery6,560 hoursWills Point, TX

2019 Caterpillar 330FL

True Machinery7,616 hoursWills Point, TX

$129,500

View listing

Factors considered

  • Lack of verified transaction sales data
  • Missing operating hours and condition details on subject unit
  • Wide variance in asking prices among direct model comparables
  • Caterpillar brand recognition and market demand for medium wheel loaders