Valuation Details
Make & Model
Fendt 718
Year
2021
Hours
4,500
Search Date
9 Jan 2026
Total Listings Analysed
3
Fair Market Value
£94,500
Purchase Price
N/A
Professional Agricultural Machinery Valuation Report
Asset Identification
| Parameter | Detail |
|---|---|
| Make | Fendt |
| Model | 718 |
| Year of Manufacture | 2021 |
| Operating Hours | 4,500 hours |
| Asset Type | High-Horsepower Agricultural Tractor |
| Valuation Date | January 9, 2026 |
1. Executive Summary
This valuation report assesses the market value of a 2021 Fendt 718 tractor with 4,500 operating hours. After applying strict criteria (exact model match, year 2022–2020, usage hours within 50% of 4,500), only 3 relevant comparables were identified.
The most relevant comparable is the 2022 FENDT 718 VARIO with 4,750 hours at £96,000. This tractor is nearly identical in hours (just 250 more) and one year newer than the subject tractor. The 2021 model with 7,579 hours at £81,995 is significantly higher in hours, which justifies its lower price.
Based on the comparative analysis, the recommended valuation for this specific tractor is £94,500. This price positions the tractor slightly below the £96,000 benchmark to reflect the slightly older year while attracting buyer interest.
2. Market Trends and Observations
Fendt 718 Market Dynamics
Market demand for late-model Fendt 718s remains strong, but buyers are sensitive to hours. The most common price range for 2021–2022 models with 4,000–5,000 hours is £90,000–£100,000.
Limited Comparable Data
With only 3 tractors meeting the strict criteria, the valuation relies heavily on the closest match (2022/4,750hr at £96,000). The limited data suggests a stable but thin market for this specific model and hour range.
3. Pricing Recommendation with Justification
| Metric | Value |
|---|---|
| Average Price (Comparable Set) | £88,998 |
| Highest Price | £96,000 |
| Lowest Price | £81,995 |
| Recommended Selling Price | £94,500 |
| Maximum Purchase Price | £74,600 |
Justification
- Closest Comparable: The 2022 model with 4,750 hours at £96,000 is the best benchmark.
- Age Adjustment: Pricing slightly below £96,000 reflects the subject's slightly older year.
- Market Position: Well above the £81,995 high-hour outlier while remaining competitive.
4. Key Factors Affecting Value
| Factor | Impact on Value | Notes |
|---|---|---|
| Operating Hours (4,500) | Moderate | Within normal range for age |
| Limited Market Data | Moderate Risk | Only 3 comparables available |
| Transmission Health | Critical | Vario transmission requires documented maintenance |
| Specification Level | Variable | Features and options affect final value |