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www.Machinerypete.com. Over 500,000 auction prices on ALL types of farm equipment. Compiling auction sale price data since 1989. 3 Factors Pushing Used Equipment Values Higher. Strong Farm Income High Price of New Equipment Availability of New & Used. Used Tractor Values: Trends.
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www.Machinerypete.com Over 500,000 auction prices on ALL types of farm equipment Compiling auction sale price data since 1989
3 Factors Pushing Used Equipment Values Higher Strong Farm Income High Price of New Equipment Availability of New & Used
Tractors: 130-200 HP Results: Used values staying at record high level Even higher hour Tractors in this HP segment, if they are in good condition, selling for inflated auction prices Outlook for 2012 Pete’s Take: “Used values poised to remain very strong early in 2012 through the rest of the year. Availability (lack) of quality used Tractors in this HP segment remains a driving force pushing values higher.” MachineryPete.com
1991 CaseIH 7110 2WD Tractor with 1,477 Hours, Sold: $57,000 8/13/11 farm auction, southeast Minnesota $57,000 is new RECORD HIGH auction sale price I’ve seen on CaseIH 7110 * it was only a 2WD model, not MFWD ** previous record high auction sale price was $43,000….all way back on 11/26/96 auction
1997 CaseIH 8920 MFWD tractor with 1,582 hours,Sold: $88,000 12/3/11 farm auction, northwest Illinois New record high auction sale price Former record price was $71,000
1982 Ford TW-20 Tractor with 6,193 hours, 1,416 on recent Overhaul, Sold: $22,000 11/26/11 farm auction, west-central Indiana Highest auction price since July 1997
December 7, 2011Farm AuctionNorth-central Iowa 2009 JD 8130 MFWD tractor with 534 hours SOLD: $146,000 New record high price
November 19, 2011Farm AuctionNorthwest Ohio 1999 JD 8100 MFWD tractor with 1,340 hours SOLD: $105,000 New Record High Auction Price
August 27, 2011Farm AuctionSouth-central Iowa 2001 JD 7810 MFWD tractor with 618 hours SOLD: $113,000 New record auction price
December 10, 2011Farm AuctionSoutheast Iowa 1999 JD 7810 MFWD tractor with 1,026 hours SOLD: $92,000 Tied for 2nd highest auction price on JD 7810 Tractor
August 27, 2011Farm AuctionNorth-central Indiana 1994 JD 7800 MFWD Tractor with 1,340 hours SOLD: $70,000 Tied 3rd highest auction price
12/28/11Farm auctionNortheast Missouri 1998 JD 7510 MFWD tractor with 830 hours SOLD: $82,000 New record high price Old record was $75,000
1988 JD 4450 MFWD Tractor with 8,570 Hours, Sold: $41,000 10/27/11 farm auction, southwest North Dakota $41,000 is strong sale price given nearly 8,600 Hours on this tractors * Developing trend through 2011: nice used tractors w/Higher Hours selling for more $$ at auction
JD 4455 MFWD Tractor with 8,419 Hours,Sold: $49,000 12/9/11 dealer auction in southwest Kentucky Again, very strong sale price given 8,400+ hours Key factor: this was a “1 Owner” tractor in very good condition, so despite the High No. of Hours, it sold for very strong price
Rising Values on JD 4440 Tractors last couple years Number sold over $30K at auction 2000-2005: (4) Number sold $30K+ at auction 2006-2011: (35)
What Will this 1982 JD 4440 with 3,428 Hours Sell for on 12/3/11 Auction? Dec. 3, 2011 Farm Auction in Joy, IL 1982 JD 4440 tractor with 3,482 hours, 2nd owner (neighbor was 1st owner) How High Will it Go??
$37,000 * Outside of famous 3/6/09 farm auction with (3) low hour 4440’s sold for $40K+, this is tied for highest auction price I’ve seen on a 4440 tractor in 6+ years
Same 12/3/11 auction in northwest Illinois 1982 JD 4640 tractor with 4,996 hours, 577 hours on JD reman. Engine SOLD: $36,000 Highest auction sale price in 15+ years
April 6, 2011Farm AuctionNorthwest Ohio 1976 JD 4430 Tractor with 4,361 hours SOLD: $24,000
August 27, 2011Farm AuctionNorth-central Ohio 1975 JD 4430 Tractor with 7,000 hours, 2,000 hours on new JD engine SOLD: $21,500
November 29, 2011Farm AuctionWest-central Minnesota 1985 AC 8050 2WD tractor with 3,791 hours SOLD: $23,000 Highest auction price in 10 ½ years
November 14, 2011Farm auctionEast-central Illinois 1974 IHC 1468 tractor, V8 engine, new bearings, clutch & TA SOLD: $22,000 2nd highest auction price I’ve seen on an IHC 1468
Same east-central Illinois farm auction 11/14/11 1967 IHC 1206 tractor with 6,730 hours, new TA SOLD: $20,500
Tractors from mid 1960’s – mid 1970’s Going Up in Value Rapidly (9) IHC 1206 tractors sold for $20,000+ at auction since 2008
Record Auction Price on JD 4020 Tractor June 18, 2011 collector auction in Luverne, MN….Bill DeYeager estate 1969 JD 4020 diesel, PS, console, front-wheel assist SOLD: $50,000
Machinery Pete Hits the Road8/22/09: SW MinnesotaBill DeYager 2-Cylinder Collector Auction
It’s About People: Tractor StoriesLuverne and Maryanne Schmidt & family, Klemme, IA
1966 JD 25101st SN# Luverne Schmidt bought this tractor with his father new in 1966 Didn’t realize they had 1st SN# until 6-7 years after they bought it
1965 IHC 12061st SN# Luverne and sons bought this tractor Spring 2010 One son always liked red tractors better than green
Unveiling “New” Deere 30 SeriesAugust 19,1972ColganImplement, Wyoming, IL
Early Days of the Implement BizTalking with 97-Year old Deere Dealer Joe Colgan
Harold BrockTheMan Behind Red/Gray Ford 8N’sChief Engineer on Ford 9N & JD 4020