Excavators

What Is a 2020 Caterpillar 374 Worth?

A 2020 Caterpillar 374 is 6 years old and typically retains 38% of its original MSRP. Popular in excavators applications across construction and site work.

533 HP163k lbsModel Year 202038% retention

2020 Caterpillar 374 Value Estimate

Based on MSRP depreciation model

Good Condition

$272,500$368,500

Low hours, well-maintained, no major issues

Average Condition

$240,000$324,500

Average hours, typical wear, operational

MSRP New$850,000

38% value retained after 6 years

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

What Affects a 2020 Caterpillar 374 Price?

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Hours

Average usage is ~1,000 hrs/yr. A 2020 model with average hours would have ~6,000 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 374 Values by Year

Compare values across different model years.

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