2018 Caterpillar 416F
Compared to other Caterpillar 416 Model Family listed for sale, this item has a HIGH PRICE.
$87,000 is the UEG target price for an item with 300 hours.
$83,624 is the UEG target price for an item 1.4 years old.
Taking both age and usage into consideration, the UEG target price for this item is $85,510, which is why this item has a HIGH PRICE with a fair market price being between $81,204 and $90,630.
Pricing is determined based on other CATERPILLAR 416 (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.