1976 John Deere 4430 Sold for $24,000 on Ohio Sale

April 20, 2011

1976 John Deere 4430

This 1976 John Deere 4430 was sold at auction for $24,000 April 16th, 2011 in Delta, Ohio

I’ve compiled 948 auction sale prices on John Deere 4430 tractors over the last 15 years.

Last Saturday (April 16, 2011) on a very small farm auction in Delta, OH (northwest OH) a 1976 JD 4430 with 4,360 “1 owner” hours sold for the 5th highest auction price I’ve seen: $24,000. I spoke with auctioneer Jason Whalen of Whalen Real Estate & Auction on Tuesday morning.

There were four guys in the bidding up to $18,000,” said Whalen. “A local guy wound up buying it and drove it home.” Whalen said there was a good crowd given the small nature of this auction. A total of 197 bidding No.’s were given out.

What I found very interesting on this 1976 John Deere 4430 for sale for $24,000 was the number of hours: 4,360. On all (4) of the 4430’s I’ve seen sold for more than $24,000 over the last 15+ years, each had significantly lower number of hours, in the 2,200 – 3,300 range. So to see this 4430 with 4,360 hours sell for $24,000 just offers more proof of how values on very good conditioned¬†used tractors just cotinue to rise.

Do I see this changing the rest of 2011? No, I don’t.

About Machinery Pete: Greg “Machinery Pete” Peterson has been working in the agricultural industry for 21 years and details agricultural equipment prices and trends at his website,¬†Machinerypete.com. Greg also writes columns for Successful Farming magazine, Implement & Tractor magazine, Agriculture.com web site and also appears on the Machinery Show on RFD-TV.