True Price™ market estimate
2021 Caterpillar Caterpillar 938m Value
Valuation ID: 47153f76-c89b-4fac-92a0-24f6a2799357 · Recently calculated result
Estimated likely private-sale value
$165,000
Why this confidence level
The make was entered manually. No direct comparables were provided for a Caterpillar 938M wheel loader; available list consists primarily of excavators, dozers, and compact equipment. Additionally, hours and condition were not provided for the subject machine, forcing a wider valuation range.
Asking-price matches
30
Verified sales used
0
Market direction
Stable
Market analysis
Mid-sized wheel loaders from top-tier brands like Caterpillar generally maintain stable demand across construction, agricultural, and municipal sectors.
National baseline applied; no specific regional adjustments were made due to lack of localized 938M transaction data.
Hours were not provided. A standard 2021 model typically ranges from 2,000 to 5,000 hours; extreme low or high hours will move value toward the outer edges of the range.
The provided comparables lacked direct 938M wheel loader models, requiring valuation reliance on general market knowledge for this model and year.
Pricing and time to sell
At $135,000
1 to 3 weeks
At $165,000
4 to 8 weeks
At $195,000
8 to 16 weeks
Comparable asking prices
Active asking prices provide market context but are not confirmed sale prices.
2021 Volvo EC300E
True Machinery5,230 hoursGlenpool, OK
$120,601
View listing2021 Hightop HT10
True Machinery2,680 hoursBroken Arrow, OK
$3,890
View listing2021 Bobcat E35i
True Machinery802 hoursEl Reno, OK
$32,900
View listing2021 Yanmar ViO35
True Machinery2,142 hoursEl Reno, OK
$25,900
View listing2021 John Deere 26G
True Machinery1,530 hoursEl Reno, OK
$24,900
View listing2021 Volvo ECR40D
True Machinery717 hoursEl Reno, OK
$32,900
View listingFactors considered
- Caterpillar 938M is a widely recognized medium wheel loader with strong market demand.
- Lack of machine hours and condition details requires a broad conservative valuation spread.
- Provided dataset contains no direct model sales or asking comparables for CAT 938M.