2018 Caterpillar 160M
Compared to other Caterpillar 160 Model Family listed for sale, this item has a HIGH PRICE.
$377,702 is the UEG target price for an item with 1,013 hours.
$335,863 is the UEG target price for an item 4.0 years old.
Taking both age and usage into consideration, the UEG target price for this item is $360,594, which is why this item has a HIGH PRICE with a fair market price being between $333,600 and $409,372.
Pricing is determined based on other CATERPILLAR 160 (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.