True Price™ market estimate
2019 Caterpillar Caterpillar 938m Value
Valuation ID: 6ee3459e-bbd4-47af-b90f-60fc2245f31f · Recently calculated result
Estimated likely private-sale value
$145,000
Why this confidence level
The make was entered manually. No direct sales records or direct asking-price comparables for the Caterpillar 938M wheel loader were provided in the dataset. Operating hours and condition were also missing for the subject machine, requiring a wider valuation range based on general market knowledge for 2019 medium wheel loaders.
Asking-price matches
30
Verified sales used
0
Market direction
Stable
Market analysis
Demand for medium-sized production wheel loaders remains steady across general construction and agricultural applications, keeping values relatively stable.
National estimate baseline applied. Regional variances generally stay within 5% to 10% depending on local heavy construction activity.
Hours were not specified. Average usage for a 2019 wheel loader typically falls around 4,000 to 6,000 hours. Values will shift lower if hours exceed 7,500 or higher if under 3,000.
Supplied list of comparables contained mixed machine types (articulated trucks, excavators, dozers) with no direct Caterpillar 938M listings present.
Pricing and time to sell
At $125,000
1 to 3 weeks for wholesale, dealer trade-in, or quick liquidation.
At $145,000
4 to 8 weeks for standard private-party market exposure.
At $170,000
2 to 4 months for retail listings awaiting a buyer seeking specific options or pristine condition.
Comparable asking prices
Active asking prices provide market context but are not confirmed sale prices.
2019 Caterpillar caterpillar-745
True Machinery8,800 hoursPaden, OK
$164,900
View listing2019 CASE CX145DSR
True Machinery4,425 hoursMounds, OK
$74,000
View listing2019 CASE 621G
True Machinery3,313 hoursBroken Arrow, OK
$114,850
View listing2020 John Deere 250G LC
True Machinery4,785 hoursWamego, KS
$118,000
View listing2018 Caterpillar caterpillar-745
True Machinery9,200 hoursPaden, OK
$163,900
View listing2018 Caterpillar 374FL
True Machinery6,700 hoursPaden, OK
$409,900
View listingFactors considered
- Machine model recognized as a popular Caterpillar 938M wheel loader, but no direct model comps were supplied in the dataset.
- Hours and specific condition were not provided, necessitating a broad baseline estimate.
- Lack of verified recent sales data requires conservative valuation practices.