Wheel Loaders
A 2023 John Deere 724P is 3 years old and typically retains 61% of its original MSRP. 724P P-Tier. Current Deere line. weight: same-frame 724K; msrpBase derived (category weight-regression x1.15) — REPLACE WITH DEALER QUOTE.
Based on MSRP depreciation model
Good Condition
$248,500 - $336,000
Low hours, well-maintained, no major issues
Average Condition
$218,500 - $295,500
Average hours, typical wear, operational
61% value retained after 3 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~800 hrs/yr. A 2023 model with average hours would have ~2,400 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
2023 model: $167,000-$226,000
John Deere 544
2023 model: $109,500-$148,500
Komatsu WA270
2023 model: $99,000-$134,000
Volvo L90H
2023 model: $135,500-$183,500
Hyundai HL757-9
2023 model: $102,000-$137,500
Caterpillar 966
2023 model: $219,000-$296,500
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Monthly pricing data, comparable sales, and market trends for the 2023 John Deere 724P.
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