Dozers
A 2023 Caterpillar D5 is 3 years old and typically retains 61% of its original MSRP. Replaced the D5K2. Versatile medium dozer for grading and site prep. LGP (Low Ground Pressure) variant for soft conditions. Strong demand.
Based on MSRP depreciation model
Good Condition
$151,500 – $205,000
Low hours, well-maintained, no major issues
Average Condition
$133,500 – $180,500
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.
Caterpillar D6
2023 model: $198,500–$268,500
John Deere 650K
2023 model: $109,500–$148,500
Komatsu D61
2023 model: $151,500–$205,000
Caterpillar D8
2023 model: $339,500–$459,000
Komatsu D39
2023 model: $102,000–$137,500
Komatsu D65
2023 model: $149,000–$201,500
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Monthly pricing data, comparable sales, and market trends for the 2023 Caterpillar D5.
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