Caterpillar Excavator Prices: 2023 New & Used CAT Costs

Caterpillar, or CAT, is one of the world’s largest construction and mining equipment manufacturers. The company’s product line includes a wide range of construction and mining equipment, such as excavators, bulldozers, wheel loaders, and motor graders.  CAT is a global leader in the industry as its durable and reliable equipment.

As of the last update in January 2023, the pricing of CAT excavators can vary widely based on the model, specifications, and additional features. CAT offers a range of excavators, from small compact models to large mining excavators, each designed for specific applications.  In this article, we’ll look at your CAT excavator purchase and break it down into its elements to give you an idea of what you intend to buy.

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How Much Does a New Cat Excavator Cost?

The cost of a new CAT excavator can vary significantly based on several factors, including the model, size, specifications, additional features, and your location. As of the last update in January 2023, CAT excavators could range in price from around $80,000 to over $2 million, depending on the model and its capabilities.

 

Small Cat Excavators

CAT’s small excavators typically fall into the compact excavator category, which includes machines with operating weights ranging from around 1 to 10 metric tons (2,200 to 22,000 pounds).  Engine power range from approximately 10 to 80 horsepower (7.5 to 60 kW), again depending on the model.  Generally, prices for small CAT excavators typically started from around $30,000 to $100,000, with the exact cost depending on the specific model and any optional attachments or features you choose.

Medium CAT 320 Excavator Cost

The CAT 320 excavator is a popular model and comes in different versions, such as the CAT 320F, 320D, and newer models that might have been introduced since my last update.

Typically, medium-sized excavators like the CAT 320 series are significantly more expensive than smaller compact excavators due to their larger size, increased capabilities, and advanced features. As a rough estimate, the cost of a medium-sized CAT 320 excavator could range from approximately $150,000 to $300,000 or more, depending on the specifications and any additional attachments or features you choose.

Large CAT Excavator Costs

Such as the CAT 336 and CAT 349 series, the cost range from around $300,000 to over $1 million, depending on the specifications and any additional attachments or features you choose. High-end models with advanced features and capabilities, designed for heavy-duty applications such as mining or large-scale construction projects, tend to be at the higher end of this price range.

Large Demolition CAT Range

One of the notable models Caterpillar offers for demolition purposes is the CAT 340 UHD (Ultra High Demolition) excavator. This machine is designed specifically for high-reach demolition work, allowing operators to reach significant heights and dismantle tall structures safely. The exact specifications, features, and pricing for this model can vary based on the configuration and any additional options.

Used Caterpillar Excavator Prices

Caterpillar excavators are durable and well-regarded, which often makes them a popular choice in the used construction equipment market.

When purchasing a used Caterpillar excavator, it’s essential to thoroughly inspect the machine’s condition, check its maintenance history, and, if possible, have a qualified technician assess its mechanical components. Also, consider buying from reputable dealers or sellers to ensure the equipment’s reliability and authenticity.

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Buy from a dealer

Buying a used Caterpillar excavator from an authorized Caterpillar dealer is often a reliable and secure way to make a purchase. Caterpillar dealers typically offer several advantages, including Reliable Source, Inspection and Maintenance, Warranty and Support etc.

 

When dealing with a dealer, it’s essential to:

Research: Research the reputation of the dealer. Look for reviews and testimonials from previous customers.

Inspect the Equipment: Even though it’s from a reputable dealer, inspect the excavator thoroughly. Check its maintenance records, operational history, and overall condition.

Ask Questions: Don’t hesitate to ask questions about the equipment, its history, and any warranties or services offered.

Negotiate: Negotiate the price and terms. Dealers might be willing to offer better deals, especially if you’re buying additional services or multiple units.

Read the Contract: Carefully read and understand any contracts or agreements before signing. Ensure you know what is included in the purchase.

 

In conclusion, investing in a Caterpillar (CAT) excavator requires careful consideration of various factors. Assessing your project needs, setting a realistic budget, and understanding the specific requirements of the excavator are fundamental steps. Whether choosing a new or used machine, working with a reputable CAT dealer is essential. They can provide expert guidance, ensuring you select the right model, specifications, and attachments for your tasks.


Post time: Oct-27-2023