50-Year Old John Deere 4010 Tractors Up 27.3% In Value

October 23, 2012

John Deere 4010 Tractors

This 1963 John Deere 4010 tractor with 8,000 hours sold for $9,250 on a September 29, 2012 farm auction in southwest Indiana.

John Deere made the 4010 model tractor from 1961-1963. So 50 years old now.

And worth 27.3% more now vs. 10 years ago.

Yep, it’s true. The average auction sale price on John Deere 4010 tractors back in 2002 was $4,798. So far in 2012 the average auction sale price on Deere 4010’s is up to $6,110.

A good example of the rising value on John Deere 4010 tractors is the 1963 4010 with 8,000 hours sold on a September 29, 2012 farm auction in drought stricken southwest Indiana (see picture). It went for $9,250. Long-time auctioneer friend Jeff Boston of Boston Auction Service in Sullivan, IN had this sale. Jeff contacted me immediately after the sale and told me $9,250 was the highest price he’d ever got on a Deere 4010 on a local auction.

I found it very interesting the strong premium paid for this tractor…even in a hard hit drought area. Just shows the growing demand for very nice condition (either original, or restored) John Deere tractors of this vintage, from the early to mid 1960’s.

I don’t see that trend slowing down any time soon.

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.