True Price™ market estimate

2023 Caterpillar Caterpillar 323 Value

Valuation ID: e5ef97d2-9599-4a2c-b80a-571d666ad53d

New valuation

Estimated likely private-sale value

$215,000

Low confidence
Quick-sale estimate$180,000
Likely value$215,000
Patient retail ask$250,000

Why this confidence level

The make was entered manually. Confidence is low because no direct asking or sales comparables for a Caterpillar 323 excavator were provided in the dataset. Additionally, hours and condition for the subject unit were not specified.

Asking-price matches

30

Verified sales used

0

Market direction

Stable

Market analysis

Stable market

Demand for mid-size 20-to-25-ton excavators remains generally stable across construction sectors, though pricing is sensitive to machine hours and technological packages.

Regional pricing

National estimate assumes average US market conditions without regional freight or localized demand adjustments.

Hours and usage

Hours were not provided. A late-model 2023 machine could range from under 500 hours (higher end of value) to over 3,000 hours (lower end of value).

Data quality

The dataset contained no direct comparables for the Caterpillar 323 model; provided comparables consisted of unrelated equipment types and models.

Pricing and time to sell

At $180,000

1 to 3 weeks

At $215,000

4 to 8 weeks

At $250,000

8 to 16 weeks

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

  • Subject equipment is a modern 2023 Caterpillar 323 hydraulic excavator.
  • Lack of direct 323 comparables requires reliance on broader market knowledge for 23-ton class excavators.
  • Missing hour count and condition details require a wide valuation range.