Wheel Loaders
A 2024 Caterpillar 988 is 2 years old and typically retains 72% of its original MSRP. Popular in wheel loaders applications across construction and site work.
Based on MSRP depreciation model
Good Condition
$921,000 – $1,246,500
Low hours, well-maintained, no major issues
Average Condition
$810,500 – $1,097,000
Average hours, typical wear, operational
72% value retained after 2 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~1,200 hrs/yr. A 2024 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
2024 model: $196,500–$266,000
John Deere 544
2024 model: $129,000–$174,500
Komatsu WA270
2024 model: $116,500–$158,000
Volvo L90H
2024 model: $159,500–$216,000
Hyundai HL757-9
2024 model: $120,000–$162,000
Caterpillar 966
2024 model: $258,000–$349,000
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Monthly pricing data, comparable sales, and market trends for the 2024 Caterpillar 988.
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