Valuation Details
Make & Model
Fendt 720
Year
2023
Hours
2,800
Search Date
19 Jan 2026
Total Listings Analysed
6
Fair Market Value
£152,500
Purchase Price
N/A
Professional Agricultural Machinery Valuation Report
Asset Identification
| Parameter | Detail |
|---|---|
| Make | Fendt |
| Model | 720 |
| Year of Manufacture | 2023 |
| Operating Hours | 2,800 hours |
| Asset Type | High-Horsepower Agricultural Tractor |
| Valuation Date | January 19, 2026 |
1. Executive Summary
This valuation report assesses the market value of a 2023 Fendt 720 tractor with 2,800 operating hours. The current market data, derived from 6 comparable listings, shows a price range from £95,000 to £158,750.
The most relevant comparables are the 2022 FENDT 720 VARIO tractors with 2,512 and 2,725 hours, listed at £154,250 and £158,750 respectively. These are nearly identical in hours to the subject tractor. The subject tractor, being a year newer (2023), would typically command a small premium.
Based on the comparative analysis, the recommended valuation for this specific tractor is £152,500. This price positions the tractor just below the lowest 2022 example with similar hours, reflecting the slight premium for the newer year while ensuring it is attractively priced.
2. Market Trends and Observations
Fendt 720 Market Dynamics
The most common price range for 2022 models with 2,500–3,500 hours is £136,000–£158,750, with the majority clustered above £150,000. Market conditions show several similar tractors available with no evidence of rapid sales.
Price Outliers
The 4,500-hour example at £95,000 is a clear outlier due to much higher hours and should be excluded from the main price range for this valuation.
3. Pricing Recommendation with Justification
| Metric | Value |
|---|---|
| Average Price (Comparable Set) | £128,950 |
| Highest Price | £158,750 |
| Lowest Price | £95,000 |
| Recommended Selling Price | £152,500 |
| Maximum Purchase Price | £121,000 |
Justification
- Year Premium: The 2023 year provides slight premium over 2022 models.
- Competitive Positioning: Below the £154,250 benchmark for similar-hour 2022 models.
- Market Reality: Avoids exceeding the price of lower-hour comparables.
4. Key Factors Affecting Value
| Factor | Impact on Value | Notes |
|---|---|---|
| Operating Hours (2,800) | Positive | Low hours for age |
| Year of Manufacture (2023) | Positive | Newer than most comparables |
| Market Supply | Moderate | Good supply of similar tractors |
| Specification Level | Variable | Premium features add value |