Wheel Loaders

What Is a 2024 Caterpillar 953K Worth?

A 2024 Caterpillar 953K is 2 years old and typically retains 72% of its original MSRP. Popular in wheel loaders applications across construction and site work.

169 HP38k lbsModel Year 202472% retention

2024 Caterpillar 953K Value Estimate

Based on MSRP depreciation model

Good Condition

$172,000$232,500

Low hours, well-maintained, no major issues

Average Condition

$151,500$204,500

Average hours, typical wear, operational

MSRP New$280,000

72% value retained after 2 years

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

What Affects a 2024 Caterpillar 953K Price?

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Hours

Average usage is ~1,200 hrs/yr. A 2024 model with average hours would have ~2,400 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 953K Values by Year

Compare values across different model years.

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