Wheel Loaders
A 2008 Caterpillar 988H is 18 years old and typically retains 15% of its original MSRP. H-series 988. Heavy mining production.
Based on MSRP depreciation model
Good Condition
$71,000 – $95,500
Low hours, well-maintained, no major issues
Average Condition
$62,500 – $84,000
Average hours, typical wear, operational
15% value retained after 18 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,700 hrs/yr. A 2008 model with average hours would have ~30,600 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 950
2008 model: $41,000–$55,000
John Deere 544
2008 model: $27,000–$36,000
Komatsu WA270
2008 model: $24,000–$33,000
Volvo L90H
2008 model: $33,000–$45,000
Hyundai HL757-9
2008 model: $25,000–$33,500
Caterpillar 966
2008 model: $53,500–$72,500
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Monthly pricing data, comparable sales, and market trends for the 2008 Caterpillar 988H.
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