Unearthing the value: A deep dive into the Cat 308 excavator’s price

When it comes to heavy equipment, Caterpillar, often referred to as “Cat”, is a name that commands respect and admiration. One machine in particular that has attracted attention in recent years is the Cat 308 excavator. This powerful, versatile, and reliable excavator has become a mainstay in construction sites, mining operations, and even small-scale landscaping jobs. Performance and durability has made the Cat 308 a mainstay in the heavy machinery landscape.

What is the Cat 308?

The Cat 308 is a compact excavator that delivers power and performance. Despite its “mini” size, it’s no less capable than its larger counterparts when it comes to tackling a wide range of tasks.  

The Cat 308’s compact size means it’s ideal for working in spaces where larger excavators can’t operate. Yet, despite its size, it does not compromise on power or performance. It comes with a robust hydraulic system that ensures smooth and precise operations, whether you’re digging, lifting, or grading.

To further increase its versatility, the Cat 308 is compatible with a variety of attachments, from buckets to hammers, allowing it to adapt to the requirements of any job.

Features and specs of the cat 308?

The Cat 308 is much more than just an excavator; it’s a versatile machine equipped with features that enhance productivity and efficiency on the job site. One of the primary features that set the Cat 308 apart is its robust engine. It’s powered by a 69.5 horsepower engine, providing the much-needed power for various tasks. Moreover, the machine has an operating weight of approximately 20,385 lbs (9,245 kg), making it a medium-sized excavator with formidable capabilities​.

When it comes to specs, the Cat 308 does not disappoint. It boasts a maximum digging depth of about 185 inches (4,687 mm), enabling operators to reach far below the surface. The digging reach at ground level is impressive as well, making it a dependable choice for various applications, from construction to landscaping. Additionally, the Cat 308 is equipped with a robust hydraulic system that ensures smooth and efficient operation of all the machine’s functions.

Cat 308 sub-models

Caterpillar has been known to offer different models for each of its machinery lines, and the Cat 308 is no exception. As of 2021, some of the popular models include the Cat 308 CR and the Cat 308 E2 CR.

The 308 CR has a higher operating weight, greater dig depth, and larger fuel and hydraulic system capacities than the 308E2 CR, making it potentially more suitable for larger, more demanding jobs. On the other hand, the 308E2 CR might be a better fit for smaller jobs or projects with tighter constraints.

Cat 308 CR specs

• Net Power: 70.3 hp
• Operating Weight: 20678 lbs
• Maximum Dig Depth (with long stick): 182.8 in
• Maximum Reach: 300.7 in
• Maximum Travel Speed: 3.2 mph (High Speed) and 1.9 mph (Low Speed)
• Fuel Tank Capacity: 39 gal
• Hydraulic System Fluid Capacity: 27 gal​1​.

Cat 308E2 CR specs

• Net Power: 65 hp
• Operating Weight: 18519 lbs
• Maximum Dig Depth: 163.5 in
• Maximum Bucket Capacity: 1.1 yd3
• Maximum Travel Speed: 3.2 mph (High Speed) and 1.8 mph (Low Speed)
• Fuel Tank Capacity: 33 gal
• Hydraulic System Fluid Capacity: 21.7 gal​2​.

How much is the Cat 308?

If you’re interested in a Cat 308, the question probably on your mind is, “How much does a Cat 308 cost?” The price of a new Cat 308 CR could range from US$100,000 to US$120,000, depending on the dealer, the sub-model, and the included features. However, prices can vary widely, but with Rouse Equipment Insights, we have the prices for you.

Cat 308CR prices

Model	Year	Price Ranges
308CR	2019	$87,000 – $108,500
308CR	2020	$96,500 – 115,900
308CR	2021	$111,500 – $126,700
308CR	2022	$107,200 – $126,800

Model	Year	Price Ranges
308E CR	2013	$55,000 – $66,800
308E CR	2014	$56,700 – $69,000
308E CR	2015	$58,600 – $71,700
308E CR	2016	$59,600 – $76,000
308E CR	2017	$63,700 – $80,000
308E CR	2018	$68,400 – $89,300
308E CR	2019	$77,300 – $95,400

When considering the cost of the Cat 308, it’s important to look beyond the price tag. The value this machine provides in terms of durability, performance, and efficiency can significantly offset the initial investment. Caterpillar is known for its high-quality machines and owning one means investing in a machine that will deliver reliable performance for years to come.

Cat 308 vs the competition

When it comes to excavators, it’s not uncommon to see the Cat 308 and the Kubota KX080-4 compared side by side. These two machines are among the best in their class, and each has its strengths.

The Cat 308, as we’ve discussed, is known for its powerful performance, versatility, and adaptability across a wide range of job sites. The variety of attachments available for the Cat 308 increases its utility, making it a flexible solution for diverse operational needs.

On the other hand, the Kubota KX080-4 also holds its own in this comparison. It’s well-regarded for its compact size that doesn’t compromise on power. The KX080-4 shines in tasks requiring precision and maneuverability, especially in tight spaces. It features a clean, efficient engine and is often praised for its comfort and ease of control, which can be particularly valuable during long operating hours.

However, the decision between the Cat 308 and the Kubota KX080-4 often comes down to specific job requirements and personal preference. Both machines are top performers in their class, and their differences can make one more suitable than the other depending on the task at hand.

When making a decision, potential owners should consider factors such as the type of work to be done, the operating environment, budget, and their preference for specific features. That being said, both the Cat 308 and the Kubota KX080-4 are excellent machines, and you can’t go wrong with either choice.

See also

How to start a land clearing business: equipment, costs, and income potential