True Price™ market estimate

2023 Caterpillar Caterpillar 308 Cr Value

Valuation ID: 1b34a6a3-bd59-4532-961f-515663ac5db5

New valuation

Estimated likely private-sale value

$82,000

Low confidence
Quick-sale estimate$65,000
Likely value$82,000
Patient retail ask$98,000

Why this confidence level

The make was entered manually. Only one direct model match asking price ($88,200 with 4,222 hours) is available in the comparables. No verified completed sales were provided, and exact hours and condition for the subject machine are unlisted.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

Compact excavators in the 8-ton class generally maintain stable demand across construction and utility sectors, though listing prices reflect asking figures rather than finalized transactions.

Regional pricing

National baseline applied. Regional variation may exist depending on local construction activity and transport costs.

Hours and usage

Operating hours were not provided for the subject machine. Average annual usage for a 2023 machine typically ranges from 500 to 1,500 hours; actual pricing will swing higher or lower once hours are confirmed.

Data quality

Single direct comparable found (2023 CAT 308 CR listed at $88,200 with high hours). Valuations are widened to account for unstated hours and lack of closed transaction records.

Pricing and time to sell

At $65,000

1 to 3 weeks

At $82,000

4 to 8 weeks

At $98,000

2 to 4 months

Comparable asking prices

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

2023 Caterpillar 308 CR

True Machinery4,222 hoursSan Antonio, TX

2023 Caterpillar 323

True Machinery5,808 hoursSan Antonio, TX

$144,900

View listing

2023 Caterpillar 323

True Machinery5,539 hoursSan Antonio, TX

$147,000

View listing

2023 Caterpillar 320

True Machinery4,969 hoursSan Antonio, TX

$147,000

View listing

2023 Caterpillar 313GC

True Machinery3,380 hoursHouston, TX

2023 Caterpillar 310

True Machinery1,216 hoursHouston, TX

$114,500

View listing

Factors considered

  • Lack of verified completed sales data
  • Missing specific operating hours for the subject machine
  • Single direct asking price comparable for the CAT 308 CR model
  • High market popularity and steady demand for 8-ton mini excavators