2020 Caterpillar 307
Compared to other Caterpillar 307 Model Family listed for sale, this item has a FAIR PRICE.
$87,166 is the UEG target price for an item with 475 hours.
$82,346 is the UEG target price for an item 1.0 years old.
Taking both age and usage into consideration, the UEG target price for this item is $85,439, which is why this item has a FAIR PRICE with a fair market price being between $82,719 and $88,641.
Pricing is determined based on other CATERPILLAR 307 (model family) 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.