True Price™ market estimate

2016 Caterpillar 315 Value

Valuation ID: ddf44d6c-50fc-4332-9b6a-f4c9fbb7233a · Recently calculated result

New valuation

Estimated likely private-sale value

$71,000

Low confidence
Quick-sale estimate$60,500
Likely value$71,000
Patient retail ask$81,500

Why this confidence level

The make was entered manually. Calculated from 30 current marketplace asking-price comparables.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

A directional trend could not be confirmed, so the estimate uses a stable-market assumption.

Regional pricing

The estimate uses a national-market assumption.

Hours and usage

No hours were supplied, so average usage for the model year was assumed.

Data quality

The AI providers were unavailable, so this estimate was calculated from current True Machinery asking-price comparables.

Pricing and time to sell

At $60,500

Usually the fastest pricing position

At $71,000

Typical market exposure

At $81,500

May require a longer marketing period

Comparable asking prices

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

2016 Caterpillar 315

True Machinery4,441 hoursGeorgetown, OH

2016 Caterpillar 313FLGC

True Machinery2,800 hoursHolmesville, OH

2016 Kubota L47

True Machinery1,590 hoursSouth Bend, IN

2016 Caterpillar 304

True Machinery2,260 hoursSouth Bend, IN

2016 Vac-Tron LP873SDT

True Machinery1,463 hoursFlat Rock, IN

2016 Vermeer RTX450

True Machinery750 hoursDupont, IN

Factors considered

  • Current comparable asking prices
  • Equipment year and reported hours
  • Reported condition