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Online or Traditional Auction: John Deere Tractors Sell Strong

JD4960 OH 114K Online or Traditional Auction: John Deere Tractors Sell Strong

I’m asked the question often.

Hey, Machinery Pete, how do online auction sale prices compare to traditional on site auctions?” Well, I’ve been closely observing this question the past few years as online machinery auctions have continued to grow and we continue to compile auction sale price data on all types of used farm and construction equipment sold on all types of auctions all over the U.S. and Canada. Pretty hard to generalize, as obviously many important factors go into sale price comparisons, but one thing is clear to me.

Good condition used John Deere tractors sell very well in either auction format.

JD 2520 Tractors Sold for $20K+ on Minnesota Auction

jd2520 JD 2520 Tractors Sold for $20K+ on Minnesota Auction

On August 11, 2012, in Red Wing, MN a farm retirement auction with a line of spiffy used farm equipment was held. But what was everyone in the days leading up to the auction talking about?

The pair of low hour John Deere 2520 diesel tractors.

One was a 1969 model with 3,503 original hours on it. The other was a 1970 model with 5,815 hours. I can’t begin to count the number of folks who picked my brain for what these 2520′s might sell for. “What do you think Pete, how much?”

2004 JD 4710 Sprayer Sells High on Indiana Farm Auction

I’m guessing most of the 1,300+ folks in attendance at last Friday’s farm estate auction in North Judson, IN came away talking about the 1971 John Deere 4020 diesel, console, power shift tractor with approx. 5,500 hours that sold for $20,000 on a farm estate auction in northwest Indiana on  1/11/13 . Very strong price (see pic below):

Sweet used tractor. Strong price.

JD4020 IN 20K 2004 JD 4710 Sprayer Sells High on Indiana Farm Auction

But after visiting with auctioneer Steve Feldman with Ball Auction & Realty, Inc., I was likewise impressed with what the 2004 John Deere 4710 sprayer with 2,126 hours (90′ boom, Norac boom leveling system)
that sold for $112,000.

1971 JD 4000 Tractor Sold for $35,000 on Iowa Auction

JD4000 IA pic2 35K 1971 JD 4000 Tractor Sold for $35,000 on Iowa Auction

This rare 1971 John Deere 4000 diesel, Power Shift tractor with 5,562 hours sold for $35,000 on a December 18, 2012 farm retirement auction in Indepedence, IA.

It wasn’t the prettiest. It was missing a few parts. But it’s rare and it was a Deere, so it sold for big $$.

I’m talking about a 1971 John Deere 4000 tractor with 5,562 hours sold on a farm retirement auction December 18, 2012 in the northeast Iowa town of Independece. Deere made the 4000 model tractor from 1969 – 1972, but what made this particular 4000 rare was its configuration…a diesel, power shift.

The Best-Selling Used Farm Tractors of 2012, According to Machinery Pete

Over the past year, Machinery Pete has reported on some of the most outstanding selling prices for used farm tractors, as well as the agricultural community’s opinion about these massive machines. Machinery Pete reports the results of tractor auctions across the country where used John Deere farm tractors are sold to anxious bidders. He is connected with 750+ auctioneers across the U.S. and Canada and has 40 contacts who gather auction results that are then listed on the Machinery Pete site.

The following is a month-by-month overview of some of the best-selling and record-breaking used farm tractors that Machinery Pete has reported on for the Machine Finder blog in 2012:

Take Off Your Boots, Please: John Deere 8410 Sells Big

JD8410 136K ILsale 1024x768 Take Off Your Boots, Please: John Deere 8410 Sells Big

2000 JD 8410 tractor with 584 hours sold for record price of $136,000 on northwest Illinois farm auction. The owner reportedly made everyone and anyone remove their boots & shoes before entering the tractor cab

It was understood. Before entering the cab, you had to take off your boots & shoes.

An extreme example of meticulous care of your used farm equipment, some/most may say obsessive, but it worked. Just look at how the 2000 John Deere 8410 tractor shines. What a beauty. You could eat your Thanksgiving turkey dinner off the hood its so clean.

John Deere 4440 Sold for $42,000 At Wisconsin Auction

JD4440 WI 42K John Deere 4440 Sold for $42,000 At Wisconsin Auction

This John Deere 4440 tractor with 5,333 hours sold for $42,000 on an October 25, 2012 farm estate auction in south-central Wisconsin.

I’ve said it before, I’ll say it again: It PAYS to take great care of your used equipment!

Vivid proof came on a farm estate auction October 25, 2012 near Janesville, WI. George Auction Service held this sale that featured (2) very nice condition, well cared for John Deere tractors, a 4440 tractor with 5,333 hours and a late-model JD 4020 with 8,233 hours (diesel, power shift, side console, 1 onwer).

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

JD4010 IN 9250 50 Year Old John Deere 4010 Tractors Up 27.3% In Value

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.

2 More Record Farm Auction Prices on John Deere Tractors

JD8200 82500 IA 2WD Record 2 More Record Farm Auction Prices on John Deere Tractors

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

Used Tillage Equipment Values Still High

JD2210 IA 68K Used Tillage Equipment Values Still High

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.

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