SEE WHAT'S NEW IN USED

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.

This 1997 JD 8200 2WD tractor with 1,319 hours sold for $82,500, a new record high sale price, on a September 1, 2012 farm auction in southwest Iowa.

They just keep coming.

New record high auction sale prices on John Deere used tractors in very good condition. (2) more record prices to add to the list from a September 1, 2012 farm auction in southwest Iowa. Here is the the new record setters on this sale of used farm equipment:

* 1997 JD 8200 2WD with 1,319 hours: $82,500
* 2002 JD 8320 MFWD with 1,052 hours: $149,000

This 2011 JD 2210 field cultivator (64.5′) sold for $68,000 on an August 1, 2012 farm auction in McIntire, IA. $68,000 is a new record high auction sale price.

I’ve been blogging & talking about rising used tillage values & other used farm equipment for sale for 12 months now.

More proof came last week on a farm auction in McIntire, IA. Hamilton Auction Company sold a 2011 John Deere 2210 field cultivator for $68,000. It was a 64.5′ model in very nice condition. $68,000 is the new record high auction sale price I’ve seen on a JD 2210 field cultivator.

Albert Groeneweg’s 1966 JD 2510 diesel, power shift tractor sold for $14,500, the 3rd highest auction sale price Machinery Pete has seen in the last 16+ years on a JD 2510.

82-year old Albert Groenweg starts up his 1966 JD 2510 diesel, power shift tractor on his July 14, 2012 auction in Rock Valley, IA.

July 14, 2012 collector tractor auction in Rock Valley, IA for Albert Groeneweg.

The track Albert helped build.

What a fitting place it was last Saturday (July 14, 2012) for 82-year old Albert Groeneweg’s auction of his personal collection of tractors & used farm equipment for sale on the outskirts of Rock Valley, IA, in the northwest corner of the Hawkeye state.

This 1980 JD 4040 Tractor with 4,849 hours is for sale on a July 18, 2012 farm retirement auction in Webster City, IA

This 1980 JD 4420 combine with 2,390 hours is for sale on a July 18, 2012 farm retirement auction in Webster City, IA

This 2011 JD 9870 STS combine with 407 engine hours sold for $232,500 on a June 29, 2012 Ritchie Brothers Auction near St. Louis, MO

I love stark contrasts.

This 2007 John Deere 7520 tractor with 451 hours sold for $90,000 on a June 16, 2012 farm retirement auction in southwest Ohio. Owner Barney Yeager paid $86,000 for this tractor brand new 5 years ago.

You know its going to be a “hot” auction when 2 bidders show up at the sale via helicopter.

The farm retirement auction I’m talking about was a June 16, 2012 sale near Hillsboro, OH in the southwest corner of the Buckeye state. A very nice line of equipment on this retirement auction, but (2) items in particular really drew bidder attention:

Machinery Pete’s farm equipment roots lead back to Tolley, North Dakota in 1907 where his great grandmother’s 1/2 brother Rasmus Miller bought into the local Deere dealership.

Looking through Deere’s 175 Year Anniversary Exhibit at the 2012 National Farm Machinery Show in Louisville, KY: February 2012.

Machinery Pete’s farm equipment roots lead back to Tolley, North Dakota in 1907 where his great grandmother’s 1/2 brother Rasmus Miller bought into the local Deere dealership

John Deere is celebrating its 175th year anniversary this year. Closing in on 200 years since John Deere’s plow revolutionized the world of agriculture and beyond.

This 1999 John Deere 7210 tractor with only 127 actual hours on it will be sold on a May 28, 2012 farm retirement auction in Chamois, MO.

Every tractor has a story behind it.

Quite a tale behind the 1999 John Deere 7210 tractor up for sale on a Chamois, MO farm retirement auction this Monday, Memorial Day, May 28, 2012. This tractor only has 127 actual hours on it! 13 years old and hardly used at all. I posted a note about this tractor and auction on my Machinery Pete Facebook page early last week and a few folks posted back wondering…

This John Deere 34 manure spreader sold for a new record high auction sale price of $2,700 on an April 13, 2012 farm auction in east-central Nebraska

Time to show a little love to the old manure spreader.

My last blog post here for Machinefinder.com focused on a sweet 1995 John Deere 7800 2WD tractor sold for a record auction price of $71,000 on a recent southwest Indiana consignment auction. I talked of how “beautiful” this used tractor was.

The popularity of vintage tractors in the U.S. likely stems from nostalgia from people in the agricultural industry and a favorance of certain brands like John Deere. These machines represent a popular hobby among farmers and people who simply enjoy the purr of an old engine on the used farm equipment.

A number of vintage John Deere equipment events are held around the country each year, ranging from tractor pulls to large conventions for fans to show off their machines, but one fan of the brand has turned his love of antique models into a lucrative business.