Wheel Loaders
A 2022 Caterpillar 988K is 4 years old and typically retains 52% of its original MSRP. K-series Tier 4 Final. Production mining loader.
Based on MSRP depreciation model
Good Condition
$297,500 – $402,000
Low hours, well-maintained, no major issues
Average Condition
$262,000 – $354,000
Average hours, typical wear, operational
52% value retained after 4 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,700 hrs/yr. A 2022 model with average hours would have ~6,800 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
2022 model: $142,000–$192,000
John Deere 544
2022 model: $93,000–$126,000
Komatsu WA270
2022 model: $84,500–$114,000
Volvo L90H
2022 model: $115,500–$156,000
Hyundai HL757-9
2022 model: $86,500–$117,000
Caterpillar 966
2022 model: $186,500–$252,000
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Monthly pricing data, comparable sales, and market trends for the 2022 Caterpillar 988K.
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