True Price™ market estimate

2015 Caterpillar Caterpillar 938m Value

Valuation ID: e371d899-4850-40cc-8aa9-65db1811eb8f

New valuation

Estimated likely private-sale value

$85,000

Low confidence
Quick-sale estimate$65,000
Likely value$85,000
Patient retail ask$110,000

Why this confidence level

The make was entered manually. The model was recognized as a Caterpillar 938M wheel loader, but no direct comparables for this model were provided in the dataset. Additionally, no operating hours or overall condition details were supplied. Valuation relies on general market benchmarks for 2015-era mid-size wheel loaders.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

Medium wheel loaders from premium manufacturers maintain steady demand across construction, agriculture, and material handling sectors, supporting stable resale values.

Regional pricing

The estimate reflects a national baseline. Regional variations in heavy construction or agricultural activity may shift local pricing slightly.

Hours and usage

Hours were not provided. Average usage for a 2015 wheel loader typically ranges between 6,000 and 10,000 hours. Higher or lower actual hours will significantly alter final transaction value.

Data quality

Provided comparables list unrelated machinery types (telehandlers, excavators, dozers). Valuation is based on general industry benchmarks for the Caterpillar 938M.

Pricing and time to sell

At $65,000

1 to 3 weeks for a quick wholesale or auction/trade-in liquidate position.

At $85,000

4 to 8 weeks for a standard private-sale transaction at market value.

At $110,000

2 to 4 months for a patient retail offering requiring high machine visibility.

Comparable asking prices

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

2015 Genie GTH4018

True Machinery1,977 hoursSevery, KS

$47,900

View listing

2014 John Deere 210K EP

True Machinery8,300 hoursSevery, KS

$25,000

View listing

2016 SkyTrak (JLG) skytrak-jlg-6042

True Machinery2,460 hoursMounds, OK

$37,000

View listing

2014 Gehl RS6-34

True Machinery2,980 hoursMounds, OK

$38,000

View listing

2016 SkyTrak (JLG) skytrak-jlg-6042

True Machinery3,445 hoursMounds, OK

$38,000

View listing

2016 Ditch Witch C16X

True Machinery455 hoursBroken Arrow, OK

$8,150

View listing

Factors considered

  • Lack of direct asking-price or sold comparables for the Caterpillar 938M model.
  • Missing critical machine information including operating hours and physical condition.
  • Brand recognition and high general market demand for Caterpillar M-series medium wheel loaders.