Backhoe Loaders
A 2024 Caterpillar 420 is 2 years old and typically retains 72% 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
$64,500 – $87,000
Low hours, well-maintained, no major issues
Average Condition
$57,000 – $76,500
Average hours, typical wear, operational
72% value retained after 2 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,000 hrs/yr. A 2024 model with average hours would have ~2,000 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
2024 model: $58,500–$79,000
Case 580SN
2024 model: $55,500–$75,000
Caterpillar 416
2024 model: $67,500–$91,500
Caterpillar 430
2024 model: $92,000–$124,500
Caterpillar 440
2024 model: $104,500–$141,000
Caterpillar 450
2024 model: $120,000–$162,000
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Monthly pricing data, comparable sales, and market trends for the 2024 Caterpillar 420.
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