Pricing for excavators held steady in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary.
In the first three quarters of 2020, median prices on excavator sales ranged from $50,000 in the first quarter to $47,000 in the third quarter.
- Top selling excavator brands: Caterpillar, Komatsu, John Deere, Volvo
- Top selling excavator makes: Caterpillar 336EL, Caterpillar 320EL, Caterpillar 320CL, and Caterpillar 330CL.
Cat Excavator Prices
The median price for the CAT 336EL was $95,000. Compared to the similar Komatsu PC360LC10 and the John Deere 350GLC, the Caterpillar has the highest median depreciation curve by age and usage when sold, according to Richie Bros.
Want to see Cat excavator prices before you sell your next machine? Sign up for a FleeNow account and you’ll get access to our FleetNow Price Estimator.
The FleetNow Price Estimator shows the following prices for 2019-2020 sales on popular Caterpillar machines:
- 2012 Caterpillar 336EL: Average Auction Price: $76,604, Average Retail Price: $99,750
- 2012 Caterpillar 320EL: Average Auction Price: $70536
From January 2017 to September 2020, Ritchie Bros. says it sold more than 15,000 excavators in the U.S. alone for more than $850 million.
On average, Ritchie Bros. says about 27 percent of all excavators sold in the U.S. during that time frame were sold to in-state buyers. Fifty-seven percent, meanwhile, were sold to out-of-state U.S. buyers, while 16 percent were sold to international buyers.
Get more insights from Richie Bros. here.
