October 11, 2011
Used John Deere 9500 Combine
This 1997 John Deere 9500 combine with 2,148 engine hours sold for $65,500 on an August 13, 2011 farm retirement auction in southeast Minnesota. That is the 4th highest sale price Machinery Pete has seen over the past 10 years.
Cooperative weather in the Midwest has had combines rolling in the fields this past week. Some new, some not so new.
You’d be surprised what some combines with a bit of age on them are worth. More than you might think. The key is condition and history of care. Show me an older combine that has been exceptionally well cared for up for sale on a farm auction and I’ll show you some hot and heavy bidding action.
Case in point: an August 13, 2011 farm retirement auction in southeast Minnesota by my friends at Maring Auction Company. The combine on this sale was a 1997 model John Deere 9500 with 2,148 engine hours. It looked beautiful, but more important was how very well it had been cared for all its life. Three comments on the auction sale bill told the tale:
* 1 owner
* very clean
* through local JD shop every year
It sold for $65,500. That is the 4th highest auction sale price I’ve seen over the last 10 years. How many JD 9500’s have I seen sell at auction? We have 956 sale prices in our www.machinerypete.com web site, so when I say this was the 4th highest auction sale price I’ve seen in the last 10 years…that’s saying something.
I always advise folks who are selling used farm equipment, if you happen to be the original owner, the very first thing you should say in your classified ad, or on the auction sale bill is “1 owner”. That comment will add value if the item has been well cared for. Always been shedded? Great, don’t be shy about saying that in your ad or on your sale bill to, it also adds significant value.
One last value point: do you still have the original sales paperwork and work history documentation from over your years of ownership? If you do, say you have this info in your ad or on the sale bill. Prospective buyers will take note and your phone will ring.
The bigger lesson here? Take good care of your farm equipment, keep meticulous records and when it comes time to sell years down the road, you just might get a premium price…like $65,500 on the 1997 John Deere 9500 combine sold on the August 13, 2011 farm auction I highlighted above.
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.