2018 Caterpillar CP56
Compared to other Caterpillar CP56 listed for sale, this item has a LOW PRICE.
$160,396 is the UEG target price for an item with 1,631 hours.
$183,889 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 $168,360, which is why this item has a LOW PRICE with a fair market price being between $161,097 and $175,830.
Pricing is determined based on other CATERPILLAR CP56 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.