True Price™ market estimate

2023 Caterpillar Caterpillar 308 Cr Value

Valuation ID: 35a525b8-31cc-40ce-9a61-a0d9174a0951 · Recently calculated result

New valuation

Estimated likely private-sale value

$105,000

Low confidence
Quick-sale estimate$85,000
Likely value$105,000
Patient retail ask$125,000

Why this confidence level

The make was entered manually. No direct comparables for the Caterpillar 308 CR mini excavator were present in the provided listing data, and no operating hours or machine condition were provided. Estimates rely on general market knowledge for 8-ton compact excavators of this vintage.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

Late-model compact excavators maintain consistent demand, but general supply increases across 2023 models keep pricing steady rather than appreciating.

Regional pricing

National baseline used as no specific location was provided. Regional adjustments cannot be applied.

Hours and usage

Hours were not specified. Valuation assumes typical usage for a 2023 model (approximately 300 to 800 hours). Higher or lower actual hours will significantly impact final transaction value.

Data quality

Missing machine hours and condition required broader assumptions based on model class and year.

Pricing and time to sell

At $85,000

1 to 3 weeks

At $105,000

3 to 6 weeks

At $125,000

2 to 4 months

Comparable asking prices

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

2023 Bobcat T76

True Machinery63 hoursWamego, KS

2023 Caterpillar D8T

True Machinery7,416 hoursPaden, OK

$409,900

View listing

2023 Takeuchi TB240

True Machinery260 hoursMounds, OK

2023 Niftylift TM50

True Machinery250 hoursWilburton, OK

2022 BOMAG BMP8500

True Machinery304 hoursGlenpool, OK

2024 Ditch Witch SK1550

True Machinery869 hoursBroken Arrow, OK

Factors considered

  • Missing operating hours and specific machine condition.
  • Lack of direct Caterpillar 308 CR market comparables in the dataset.
  • Strong general demand for late-model 8-ton class mini excavators.