August 1, 2011
HOT DAY: HOT SALE PRICES IN ILLINOIS
I’ve been calling my auctioneer friend from central Illinois, Mike Maske of Maske Auction Service, for a lot of years now. A lot of years. Mike’s a great guy, always fun to visit with. Last Thursday (July 21st) Mike had a small but very nice farm auction in Lincoln, IL. 98 degrees, sticky, hot, humid, wow! But a nice lineup of equipment produced some very strong sale prices. I just posted a picture & little note on our Machinery Pete Facebook page about the 2006 Ford F350 Super Duty 4×4 pickup with 40,400 miles (Power Stroke diesel) that sold for $32,000.
Mike told me they were thinking before the sale maybe it would get up to $24K…..went a smooth little 50% over $24K, but par for the course for what I’ve been seeing on nice used PICKUPS here so far in 2011. Here are a few more sale prices from Mike’s July 21st farm sale in Lincoln, IL:
Any of those sale prices CATCH YOUR EYE?
Probably that 1998 JD 8200 2WD tractor with 2632 hours sold for $71,000, right? I know I sat up to attention when Mike relayed that sale price. I checked our “auction results” and found (164) sale prices we’ve compiled on JD 8200′s over the last 15 years. $71,000 is the 2nd HIGHEST sale price I’ve ever run across for a 2WD 8200. The only higher auction price came back on a 1/21/09 farm sale in southeast Nebraska, where a 1996 8200 2WD with 1940 hours (in showroom condition) sold for $74,000.
Keep checking back here on my blog for the latest in news & notes from the auction front of the used farm & construction equipment markets…..and check out our “Machinery Pete” Facebook page too, I post fun little informative updates & pictures there every day….go there now to check out the rare NH 178 self-propelled hay baler up for sale on a July 30th farm sale in Whitelaw, WI, a sale by my friends at Miller ‘N Co. Auctions & Appraisals….she’s a real beauty, does 23 MPH! What will it sell for?? Stay tuned
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.