2018 Caterpillar 316
This item has extreme pricing factors which can produce extreme target prices!
Compared to other Caterpillar 316 listed for sale, this item has a HIGH PRICE.
$163,962 is the UEG target price for an item 4.8 years old.
Taking only age into consideration, the UEG target price for this item is $163,962, which is why this item has a HIGH PRICE with a fair market price being between $154,806 and $177,081.
Pricing is determined based on other CATERPILLAR 316 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.