THE OFFICIAL JOHN DEERE MACHINEFINDER BLOG

SEE WHAT'S NEW IN USED

1999 JD 8100 Tractor Sold for $105K on Ohio Auction

November 22, 2011

 by Machinery Pete

JD8100 OH 105K 1999 JD 8100 Tractor Sold for $105K on Ohio Auction

The John Deere 8100 Tractor

This 1999 John Deere 8100 tractor with 1,340 hours sold for a new record high auction price of $105,000 on a farm sale in northwest Ohio last Saturday (Nov. 19, 2011)

How fast and how high have used tractor values been rising? Let me show you.

Deere made their model 8100 tractors (160 HP) from 1995-1998. Just about one year ago exactly, on a November 16, 2010 farm auction in east-central Nebraska, a 1997 JD 8100 MFWD tractor with 1,455 hours in “excellent” condition sold for $91,000…a new record auction price I had seen on a JD 8100.

That record lasted less than three months.

On a February 10, 2011 farm auction in the same area of east-central Nebraska, a 1999 John Deere 8100 with 1,191 hours in “excellent” condition sold for $97,500. A new record high sale price.

Now comes another new record auction price, from a nice farm auction last Saturday, November 19, 2011, in northwest Ohio where auctioneer Aaron Siefker sold a 1999 JD 8100 MFWD tractor with 1,340 hours in “excellent” condition for $105,000.

A 15.4% jump in the record auction price in one year’s time. Wow.

Also setting a new record high auction price on the northwest Ohio farm auction last Saturday was a 1992 model JD 4960 (200 HP) tractor with 2,758 hours. It went for $86,000, besting the former high auction price of $83,500 for a 1993 JD 4960 MFWD with 3,156 hours sold on a September 16, 2011 farm equipment auction in south-central Minnesota.

Like I said, used tractor values are R-I-S-I-N-G.

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.

pixel 1999 JD 8100 Tractor Sold for $105K on Ohio Auction

  • http://www.greavescotton.com Bindu

    Nice blog!Thank you for sharing the information.

  • http://www.airdimensions.com/ Chris W.

    This is great for all of the used tractor dealers, but I wonder if the prices have really gone up if you take inflation into account.

  • http://www.machinerypete.com Machinery Pete

    Chris, very good point about inflation. Definitely a factor, but I think the steady RISE in used Tractor values over last 5-ish years goes beyond the inflation factor. You know it’s a “red hot” market for good used Tractors when you see as many 15-20 year old Tractors selling for way more $$ than they sold for new. This RISE in used values has really picked up speed here throughout 2011, especially since August.

    Pete