Wheel Loaders

Caterpillar 966

The iconic large wheel loader. Quarry, aggregate, and heavy material handling workhorse. Extremely strong resale. M series and newer are fuel efficient.

312 HP55k lbs20152026MSRP $420,000

Typical Resale Values

Estimated fair market value in good condition

2023 Model

3 years old

$235,000$318,000

2021 Model

5 years old

$178,000$240,500

2018 Model

8 years old

$80,500$109,000

* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →

Caterpillar 966 Specifications

Horsepower312 HP
Operating Weight55,000 lbs
Year Range2015–2026
Base MSRP (New)$420,000
Avg Annual Hours1,200 hrs/yr
Bucket Capacity5.0 yd³

Known Issues to Watch For

Common problem areas reported by owners and service technicians.

Popular Attachments

Common attachments that can add significant value to this machine.

log forkspipe handlergrapple bucketsnow pusher

Include your attachments when you request a valuation for a more accurate estimate.

What Affects Caterpillar 966 Value?

Hours

Average usage is ~1,200 hours/year. Lower hours command a premium, while machines over 9,600 hours see steeper discounts.

Condition

Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.

Location & Market

Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.

Attachments

Attachments like log forks and pipe handler add value. Include them in your valuation for a complete picture.

Service History

Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.

Model Year & Gen

Production years 2015–2026. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.

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Frequently Asked Questions

Common questions about the Caterpillar 966, answered by EquipBook's equipment experts.

How much is a Caterpillar 966 worth?
A Caterpillar 966 is typically worth between $80,500 and $318,000 depending on year, hours, and condition. A 2023 model in good condition is worth $235,000–$318,000, while a 2018 model averages $80,500–$109,000. Get a free instant valuation at equipbook.ai/valuate.
What does a Caterpillar 966 weigh?
The Caterpillar 966 has an operating weight of 55,000 lbs (27.5 tons). This is a heavy wheel loader in the Caterpillar lineup.
What is the horsepower of a Caterpillar 966?
The Caterpillar 966 is powered by a 312 HP engine. This wheel loader was produced from 2015 to 2026 with a base MSRP of $420,000.
How fast does a Caterpillar 966 depreciate?
A Caterpillar 966 loses approximately 13-17% of its value per year. A 3-year-old model retains about 66% of its MSRP, while a 5-year-old model retains about 50%. Average annual usage is 1,200 hours; machines with lower hours depreciate slower.
What is the bucket capacity of a Caterpillar 966?
The Caterpillar 966 has a standard bucket capacity of 5.0 yd³. The machine weighs 55,000 lbs and is powered by a 312 HP engine.
What are common problems with the Caterpillar 966?
Common issues reported with the Caterpillar 966 include: transmission clutch pack wear; loader pin and bushing wear; tire wear on abrasive surfaces; hydraulic cylinder drift. Regular maintenance and pre-purchase inspections can help identify these problems early.

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