Dozers
A 1994 Caterpillar D11N is 32 years old and typically retains 15% of its original MSRP. D11N classic. Mining workhorse. Strong rebuild market.
Based on MSRP depreciation model
Good Condition
$140,500 – $189,500
Low hours, well-maintained, no major issues
Average Condition
$123,500 – $167,000
Average hours, typical wear, operational
15% value retained after 32 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,700 hrs/yr. A 1994 model with average hours would have ~54,400 total hours.
Excellent condition can add 15-25% over average. Structural damage, leaks, or worn undercarriage significantly reduce value.
Equipment in the West and Southwest typically commands 5-8% higher prices. Transportation costs affect final pricing.
Documented dealer maintenance records can add 5-10% to value. Unknown history creates buyer hesitation.
Compare values across different model years.
Caterpillar D6
1994 model: $48,500–$65,500
John Deere 650K
1994 model: $27,000–$36,000
Komatsu D61
1994 model: $37,000–$50,000
Caterpillar D5
1994 model: $37,000–$50,000
Caterpillar D8
1994 model: $83,000–$112,000
Komatsu D39
1994 model: $25,000–$33,500
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Monthly pricing data, comparable sales, and market trends for the 1994 Caterpillar D11N.
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