2018 Caterpillar 938M
Compared to other Caterpillar 938 Model Family listed for sale, this item has a LOW PRICE.
$229,342 is the UEG target price for an item with 366 hours.
$197,206 is the UEG target price for an item 3.7 years old.
Taking both age and usage into consideration, the UEG target price for this item is $216,480, which is why this item has a LOW PRICE with a fair market price being between $205,882 and $228,591.
Pricing is determined based on other CATERPILLAR 938 (model family) items available for sale. There are many factors beyond age and usage that could cause an item to have a low price such as accidents, mechanical issues, and even typos.