Motor Graders
A 2015 Caterpillar 24M is 11 years old and typically retains 17% of its original MSRP. 24M largest production grader.
Based on MSRP depreciation model
Good Condition
$96,000 – $130,000
Low hours, well-maintained, no major issues
Average Condition
$84,500 – $114,500
Average hours, typical wear, operational
17% value retained after 11 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,500 hrs/yr. A 2015 model with average hours would have ~16,500 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 140
2015 model: $64,000–$86,500
John Deere 672GP
2015 model: $55,500–$75,000
Caterpillar 120
2015 model: $50,000–$67,500
Caterpillar 150
2015 model: $74,000–$100,000
Caterpillar 160
2015 model: $85,500–$115,500
Caterpillar 14
2015 model: $102,500–$138,500
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Monthly pricing data, comparable sales, and market trends for the 2015 Caterpillar 24M.
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