Wheel Loaders

What Is a 2004 Caterpillar 962G Worth?

A 2004 Caterpillar 962G is 22 years old and typically retains 15% of its original MSRP. Bridge model between 950 and 966.

207 HP42.5k lbsModel Year 200415% retention

2004 Caterpillar 962G Value Estimate

Based on MSRP depreciation model

Good Condition

$27,500$37,000

Low hours, well-maintained, no major issues

Average Condition

$24,000$32,500

Average hours, typical wear, operational

MSRP New$215,000

15% value retained after 22 years

* Estimates vary by hours, condition, and location. Get exact pricing →

What Affects a 2004 Caterpillar 962G Price?

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Hours

Average usage is ~1,500 hrs/yr. A 2004 model with average hours would have ~33,000 total hours.

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Condition

Excellent condition can add 15-25% over average. Structural damage, leaks, or worn undercarriage significantly reduce value.

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Location

Equipment in the West and Southwest typically commands 5-8% higher prices. Transportation costs affect final pricing.

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Service History

Documented dealer maintenance records can add 5-10% to value. Unknown history creates buyer hesitation.

Caterpillar 962G Values by Year

Compare values across different model years.

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