2016 Caterpillar TH406
Compared to other Caterpillar TH406 listed for sale, this item has a HIGH PRICE.
$42,073 is the UEG target price for an item with 1,105 hours.
$80,167 is the UEG target price for an item 3.2 years old.
Taking both age and usage into consideration, the UEG target price for this item is $50,822, which is why this item has a HIGH PRICE with a fair market price being between $47,687 and $54,182.
Pricing is determined based on other CATERPILLAR TH406 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.