2015 Caterpillar 980M
Compared to other Caterpillar 980 Model Family listed for sale, this item has a HIGH PRICE.
$281,455 is the UEG target price for an item with 5,093 hours.
$276,951 is the UEG target price for an item 4.5 years old.
Taking both age and usage into consideration, the UEG target price for this item is $279,939, which is why this item has a HIGH PRICE with a fair market price being between $260,479 and $301,404.
Pricing is determined based on other CATERPILLAR 980 (model family) items available for sale. There are many factors beyond age and usage that could cause an item to have a high price such as extra features, rebuilt engines, and even typos.