Wheel Loaders
A 2016 Caterpillar 966 is 10 years old and typically retains 20% of its original MSRP. The iconic large wheel loader. Quarry, aggregate, and heavy material handling workhorse. Extremely strong resale. M series and newer are fuel efficient.
Based on MSRP depreciation model
Good Condition
$70,500 – $95,000
Low hours, well-maintained, no major issues
Average Condition
$62,000 – $83,500
Average hours, typical wear, operational
20% value retained after 10 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,200 hrs/yr. A 2016 model with average hours would have ~12,000 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
2016 model: $53,500–$72,500
John Deere 544
2016 model: $35,000–$47,500
Komatsu WA270
2016 model: $32,000–$43,000
Volvo L90H
2016 model: $43,500–$59,000
Hyundai HL757-9
2016 model: $32,500–$44,000
John Deere 644
2016 model: $52,000–$70,000
Free, instant, AI-powered. Enter your hours, condition, and location for an accurate estimate.
Monthly pricing data, comparable sales, and market trends for the 2016 Caterpillar 966.
Free forever. No spam. Unsubscribe anytime.