2015 Caterpillar 312
Compared to other Caterpillar 312 Model Family listed for sale, this item has a LOW PRICE.
$119,015 is the UEG target price for an item with 712 hours.
$103,634 is the UEG target price for an item 4.8 years old.
Taking both age and usage into consideration, the UEG target price for this item is $112,606, which is why this item has a LOW PRICE with a fair market price being between $105,812 and $121,246.
Pricing is determined based on other CATERPILLAR 312 (model family) items available for sale. There are many factors beyond age and usage that could cause an item to have a low price such as accidents, mechanical issues, and even typos.