Backhoe Loaders
A 2023 Caterpillar 420 is 3 years old and typically retains 61% of its original MSRP. Best-selling backhoe in North America. IT (Integrated Toolcarrier) variant popular for utility work. Strong resale and parts availability.
Based on MSRP depreciation model
Good Condition
$55,000 – $74,000
Low hours, well-maintained, no major issues
Average Condition
$48,500 – $65,000
Average hours, typical wear, operational
61% value retained after 3 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,000 hrs/yr. A 2023 model with average hours would have ~3,000 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.
John Deere 310SL
2023 model: $49,500–$67,000
Case 580SN
2023 model: $47,000–$63,500
Caterpillar 416
2023 model: $57,500–$77,500
Caterpillar 430
2023 model: $78,500–$106,000
Caterpillar 440
2023 model: $88,500–$120,000
Caterpillar 450
2023 model: $102,000–$137,500
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Monthly pricing data, comparable sales, and market trends for the 2023 Caterpillar 420.
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