Used Mini Excavators in good condition have been hot items on the used market here of late.
More proof came last Friday (May 12, 2017) on an auction for an excavating and tiling company in west-central Iowa. The Bobcat 331 mini excavator pictured below sold for $22,500. It had 1,018 hours on it:
That $22,500 sale price Friday is the second highest auction sale price I've seen on a Bobcat 331 mini excavator. Here's a look at the 10 highest auction sale prices on 331's over the past 17 years:
Top 10 Highest Auction Prices on Bobcat 331 Mini Excavators
| Make | Model | Year | Hours | Price | Date | Area* |
| Bobcat | 331 | 1,230 | $23,000 | 9/13/16 | SCPA | |
| Bobcat | 331 | 1,018 | $22,500 | 5/12/17 | WCIA | |
| Bobcat | 331 | 2003 | 2,690 | $21,750 | 5/7/16 | NWMO |
| Bobcat | 331 | 2000 | - | $19,000 | 12/8/05 | SWWA |
| Bobcat | 331 | - | $18,250 | 12/29/01 | WCMN | |
| Bobcat | 331 | 1999 | 1,392 | $18,000 | 11/19/05 | SWCA |
| Bobcat | 331 | 2005 | 1,934 | $17,750 | 7/9/14 | ECNE |
| Bobcat | 331 | 2006 | 945 | $17,600 | 1/26/10 | NEKS |
| Bobcat | 331 | 1999 | 1,392 | $17,500 | 11/19/05 | SWCA |
| Bobcat | 331 | - | $16,500 | 4/29/07 | WCNY |
* Area sold: WCNY = west-central New York, etc. Data by http://www.machinerypete.com
Note how the top 3 highest auction sale prices on Bobcat 331 mini excavators have all come from the past 12 months. Like I said, been increasing buyer demand for the really good condition used units. If we talk big picture value on Bobcat 331 mini excavators, here's what our Machinery Pete auction sale price data shows:
* Avg. Auction Price this year: $10,654
* Avg. Auction Price last year: $12,855
* Avg. Auction Price 2 years ago: $11,179
If you are looking for a Bobcat excavator, we have 22 listed for sale today in our web site, click here to view: https://www.machinerypete.com/listings/other/excavators-and-mini-excavators/bobcat
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