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Caterpillar · Excavators

CAT 340 Large Excavator

311 HP152,680 lbsLarge Class2016-present$250,000 – $420,000
Market Value Range
$250,000$420,000
USD

Based on year, hours, and condition

Prices vary by market

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About the CAT 340 Large Excavator

The CAT 340 Large Excavator is a full-size excavator produced from 2016-present. Powered by a 311 HP engine and weighing in at 152680 lbs, it sits in Caterpillar's large-class lineup. With a max dig depth of 26.6 ft, it handles everything from utility trenching to deep foundation work.

Popular across Excavation, Demolition, Quarrying applications, the CAT 340 Large Excavator has earned a reputation for reliability and strong resale value in the used equipment market. Contractors and fleet managers frequently choose this model for its balance of power, fuel efficiency, and serviceability.

Used CAT 340 Large Excavator units typically sell between $250,000 and $420,000, depending on year, hours, condition, and configuration. HeavyDutyYard tracks real market data to ensure competitive pricing on every unit.

Specifications

Engine & Power

Engine
Cat C9 ACERT
Horsepower
311 HP
Fuel Tank
211 gal

Dimensions & Weight

Operating Weight
152680 lbs

Performance

Max Dig Depth
26.6 ft
Max Reach
38.5 ft
Bucket Capacity
2.01 cu yd
Tail Swing
Standard

Configuration

Size Class
Large
Years Produced
2016-present

Model Generations

340F340 Next Gen

Common Applications

  • Excavation
  • Demolition
  • Quarrying
  • Mining

Popular Attachments

Hydraulic ThumbQuick CouplerHammer

Common Configurations

Standard BoomLong ReachVariable Angle Boom

Frequently Asked Questions

How much is a used CAT 340 Large Excavator worth?

A used CAT 340 Large Excavator typically sells for $250,000 to $420,000 depending on year, hours, condition, and configuration. Machines with lower hours and documented service records command premium pricing.

Where can I sell my CAT 340 Large Excavator?

HeavyDutyYard buys Caterpillar excavators in any condition. Submit your equipment details and get a competitive cash offer within 24 hours. We handle pickup and transport at no cost to you.

What are common issues with the CAT 340 Large Excavator?

Like all excavators, the CAT 340 Large Excavator requires regular maintenance on hydraulic systems, filters, and drivetrain components. Keeping up with scheduled service intervals is the best way to maintain reliability and resale value. Machines with complete service records typically sell for more.

What is the CAT 340 Large Excavator used for?

The CAT 340 Large Excavator is commonly used for Excavation, Demolition, Quarrying, Mining. Its large-class size and 311 HP engine make it well-suited for both production work and utility applications.