How Much Does a Cat Wheel Loader Cost?
Last Updated: December 09, 2021
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Caterpillar is the world's largest manufacturer of wheel loaders. The brand has built a sterling reputation for quality and reliability. CAT offers dozens of models of wheel loaders - from compact versions to large models with more than 500 horsepower. For most construction purposes, you'll want to purchase a machine that falls somewhere in the middle.
About CAT Wheel Loaders #
Wheel loaders are essentially variations on tractors. But, the large tires and heavy tread make them ideal for large, tough jobs. Wheel loaders are pieces of heavy machinery used primarily in the construction industry.
Wheel loaders are used for scooping, digging, dumping and transporting all kinds of construction materials. They can also be used in farming and for snow removal. They feature a square bucket known as a loader that is fixed either to the front or the back of the machine and can be maneuvered from side to side using the machine's flexible arms.
Compact CAT wheel loaders have horsepower ranging from 52 to 95. Small loaders have 128 to 180 hp, mid-size loaders have 197 to 349 hp, and the largest models have 501 to 627 hp. For most projects, small or mid-size wheel loaders are sufficient.
Wheel Loader Prices #
The price of a CAT wheel loader depends largely on its size and features. However, keep in mind that because CAT is such a popular brand with a well-established reputation, the company's wheel loaders tend to cost more than other brands.
- CAT's Compact wheel loaders a base price ranging from about $55,000 to $125,000.
- Small wheel loaders have a base price of $130,000 to $180,000.
- Mid-size wheel loaders begin at $215,000 to $475,000.
- Large wheel loaders begin at $800,000 to $1 million.
Keep in mind that the prices above are only base prices. They don't include any of the dozens of optional features and accessories that CAT offers. Those can quickly add thousands or tens of thousands to the total purchase price.
Paying for Your CAT Wheel Loader #
If the price of a CAT wheel loader leaves you with sticker shock, consider financing your machine. Caterpillar offers financing to well-qualified buyers. Or, you can pursue a private loan through your bank or lending institution.
Leasing is another option. You can lease a CAT wheel loader for little or no money down, spreading the payments over a matter of months spanning one to five years. When the lease ends, you can purchase the machine, return it or trade it in for a newer model.