Scrapers
A 2003 Caterpillar 637G is 23 years old and typically retains 15% of its original MSRP. 637G.
Based on MSRP depreciation model
Good Condition
$65,000 – $88,000
Low hours, well-maintained, no major issues
Average Condition
$57,000 – $77,500
Average hours, typical wear, operational
15% value retained after 23 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,700 hrs/yr. A 2003 model with average hours would have ~39,100 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 621K
2003 model: $108,500–$146,500
Caterpillar 623K
2003 model: $127,500–$172,500
Caterpillar 627K
2003 model: $153,000–$207,000
Caterpillar 631K
2003 model: $178,500–$241,500
Caterpillar 637K
2003 model: $229,500–$310,500
Caterpillar 657G
2003 model: $319,000–$431,000
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Monthly pricing data, comparable sales, and market trends for the 2003 Caterpillar 637G.
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