Mini Excavators

What Is a 2023 Caterpillar 303.5 Worth?

A 2023 Caterpillar 303.5 is 3 years old and typically retains 61% of its original MSRP. Compact and versatile mini. Great for tight-access residential work. Strong rental demand in the 3.5-ton class.

24.8 HP8.1k lbsModel Year 202361% retention

2023 Caterpillar 303.5 Value Estimate

Based on MSRP depreciation model

Good Condition

$30,500$41,000

Low hours, well-maintained, no major issues

Average Condition

$27,000$36,000

Average hours, typical wear, operational

MSRP New$58,000

61% value retained after 3 years

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

What Affects a 2023 Caterpillar 303.5 Price?

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Hours

Average usage is ~700 hrs/yr. A 2023 model with average hours would have ~2,100 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 303.5 Values by Year

Compare values across different model years.

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