John Deere 7510 Tractor Sold for Record Price on Missouri Auction

January 3, 2012

This 2001 JD 7510 tractor with 830 hours sold for a record auction sale price of $82,000 on a December 28, 2011 farm auction in Memphis, MO

I’ve seen record auction sale prices fall throughout 2011 on used tractors from 130 horsepower, 180 HP, 200 HP on up the big monster 4WD model tractors. But it isn’t just the big boys going up in value.

A 2001 John Deere 7510 mechanical front-wheel drive tractor (115 HP) with 830 hours sold for a new record high auction price of $82,000 on a nice farm auction December 28, 2011 in Memphis, MO (northeast Missouri).

The previous high auction sale price I’ve seen on a John Deere 7510 tractor came exactly five years prior, on a December 28, 2006 farm auction in southwest Iowa, where a 2000 model 7510 in excellent condition with 1,550 hours sold for $75,000.

2011 will go down as the year of RISING values on good used tractors.

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, Greg also writes columns for Successful Farming magazine, Implement & Tractor magazine, web site and also appears on the Machinery Show on RFD-TV.

  • ADI Pumps

    Very nice tractor, I wouldn’t have been surprised if it went for 90K.

  • AssetGlobe

    Very good price. They were being sold for between 50k-60k in 2009-2010…

  • Machinery Pete

    Yes, strong price. I saw many, many instances of auction sale prices in 2011 exceeding what the seller paid for that item “New” back 2, 5, 10+ years ago. Interesting times.

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