True Price™ market estimate
2021 Caterpillar Caterpillar 938m Value
Valuation ID: c7bba7f6-8795-422c-aacd-67572bfe7a59
Estimated likely private-sale value
$175,000
Why this confidence level
The make was entered manually. There is only one direct model comparable listed (2021 Caterpillar 938M asking $199,500 with 4,505 hours). Additionally, hours and physical condition for the target unit are missing, and no verified completed sales figures are available.
Asking-price matches
30
Verified sales used
0
Market direction
Stable
Market analysis
Mid-size wheel loaders generally maintain consistent demand across infrastructure and agricultural applications, though the absence of historical sales data limits specific trend verification.
The valuation is based on national benchmarks. Regional adjustments were not applied as local market variables were not specified.
Operating hours were not provided for the target machine. Hours significantly impact wheel loader values; higher hours will skew value toward the lower range, while low hours will support the upper range.
Target unit details lack hours and condition. Price range is based on limited direct model comparable asking data and general market positioning.
Pricing and time to sell
At $145,000
1 to 3 weeks for trade-in, wholesale, or quick-sale pricing position.
At $175,000
4 to 8 weeks for a typical private-sale transaction.
At $205,000
2 to 4 months for a patient retail asking position.
Comparable asking prices
Active asking prices provide market context but are not confirmed sale prices.
2021 Caterpillar 938M
True Machinery4,505 hoursSan Antonio, TX
$199,500
View listing2021 Caterpillar 259D3
True Machinery1,097 hoursEl Paso, TX
$42,000
View listing2021 Caterpillar D3
True Machinery3,331 hoursGrand Prairie, TX
$155,000
View listing2021 Caterpillar D4
True Machinery6,039 hoursGrand Prairie, TX
$187,500
View listing2021 Caterpillar D5
True Machinery4,859 hoursGrand Prairie, TX
$270,000
View listing2022 Caterpillar 313GC
True Machinery3,711 hoursHouston, TX
$77,500
View listingFactors considered
- Specific operating hours for the subject machine were not provided.
- Physical condition and attachment setup (bucket size, couplers) were not specified.
- Only one direct model asking-price comparable was present in the dataset.
- Lack of verified transaction sales data requires a broader valuation range.