True Price™ market estimate
2022 Caterpillar Caterpillar 340 Value
Valuation ID: 7688fe2f-e8ac-4055-8af9-72e7e71d6e38
Estimated likely private-sale value
$330,000
Why this confidence level
The make was entered manually. There is a direct 2022 Caterpillar 340 asking comparable listed at $365,000 (3,219 hours) along with adjacent Caterpillar excavator models (336, 352, 349FL). However, the lack of completed transaction data and missing specific hours/condition for the subject machine require a broader valuation spread.
Asking-price matches
30
Verified sales used
0
Market direction
Stable
Market analysis
Late-model heavy excavators maintain steady interest across infrastructure and heavy earthmoving projects, though elevated interest rates keep buyer activity disciplined.
The assessment reflects a national baseline. Regional variations may exist based on local heavy construction volume and freight costs.
Operating hours were not provided. Average usage for a 2022 model is typically 2,000 to 4,000 hours. Significant deviation above or below this range will impact actual market value accordingly.
Single direct model listing present; specific hours and condition for the subject unit were unstated.
Pricing and time to sell
At $280,000
1 to 3 weeks for liquidation or dealer buy-in position
At $330,000
4 to 8 weeks for standard private-sale market exposure
At $375,000
2 to 4 months for retail asking price position
Comparable asking prices
Active asking prices provide market context but are not confirmed sale prices.
2022 Caterpillar D8T
True Machinery1,807 hoursGrand Prairie, TX
$725,000
View listing2022 Caterpillar 340
True Machinery3,219 hoursGrand Prairie, TX
$365,000
View listing2022 Volvo EC160EL
True Machinery650 hoursLindale, TX
$135,000
View listing2022 Caterpillar 926M
True Machinery3,748 hoursWills Point, TX
$127,500
View listing2022 Vögele (Wirtgen) SUPER 1700-3i
True Machinery1,055 hoursCity, AR
$300,000
View listing2021 Caterpillar D5
True Machinery4,859 hoursGrand Prairie, TX
$270,000
View listingFactors considered
- Direct matching listing for 2022 Caterpillar 340 asking $365,000
- Lack of verified completed sales records
- Missing operating hours and condition details for subject machine
- Relative positioning between 35-ton (336) and 50-ton (352) class excavators