Mini Excavators
Caterpillar 304E2 CR 4-ton mini excavator (E2 update of the 304E CR). Approx 42 hp, operating weight approx 9,150 lb. msrpBase is an original-MSRP-era anchor for a used-only model. Specs: RitchieSpecs.
Estimated fair market value in good condition
2023 Model
3 years old
$38,000-$51,500
2021 Model
5 years old
$29,000-$39,000
2018 Model
8 years old
$13,000-$17,500
* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →
| Horsepower | 42 HP |
| Operating Weight | 9,150 lbs |
| Year Range | 2016-2019 |
| Base MSRP (New) | $68,000 |
| Avg Annual Hours | 800 hrs/yr |
| Bucket Capacity | 0.10 yd³ |
Common problem areas reported by owners and service technicians.
Common attachments that can add significant value to this machine.
Include your attachments when you request a valuation for a more accurate estimate.
Average usage is ~800 hours/year. Lower hours command a premium, while machines over 6,400 hours see steeper discounts.
Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.
Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.
Attachments like bucket and thumb add value. Include them in your valuation for a complete picture.
Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.
Production years 2016-2019. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.
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