2016 JLG 450
This item has extreme pricing factors which can produce extreme target prices!
Compared to other JLG 450 listed for sale, this item has a FAIR PRICE.
$43,714 is the UEG target price for an item with 237 hours.
$49,967 is the UEG target price for an item 3.7 years old.
Taking both age and usage into consideration, the UEG target price for this item is $44,623, which is why this item has a FAIR PRICE with a fair market price being between $40,063 and $55,202.
Pricing is determined based on other JLG 450 items available for sale. There are many factors beyond age and usage that could cause an item to not have a fair price including condition and configuration.