Auctions and Announcements

Pair of 1972 JD 4320 Tractors Set Records

November 18, 2013

This restored 1972 JD 4320 diesel tractor with 7,000 hours sold for $31,250 on a November 2, 2013 farm auction in Springville, IA

November 2, 2013 was a record-setting day for auction sale prices on tractors, in particular, John Deere 4320 tractors.

The 1972 JD 4320 pictured above (restored, diesel, canopy, 7,000 hours) sold for $31,250 on a farm retirement auction by Hoge Auctioneering in Springville, IA. This sale feature a TON of late-model farm equipment, which all sold on the high side by the way, yet auctioneer Andy Hoge told the one item he fielded the most the calls on leading up to auction day?

Yep, this beautiful 1972 JD 4320.

3 Deere Tractors Sell High on Saskatchewan Auction

October 21, 2013

The trifecta.That was my thought when I saw pictures of the (3) beautiful John Deere tractors sold for very strong sale prices on an October 10, 2013 farm retirement auction in south-central Saskatchewan. Pictured above are the (2) following tractors and what they went for:

* 1982 JD 4440, 6,655 hours, sold: $33,000
* 1982 JD 8440, 4WD, 5,191 hours, sold: $31,000

JD 4440 (left) and 8440 tractors sold very well on an October 10, 2013 farm retirement auction in south-central Saskatchewan, Canada

The JD 4440 (left) and 8440 tractors seen above sold very well on an October 10, 2013 farm retirement auction in south-central Saskatchewan, Canada.

Looking for Dad’s Tractor

September 26, 2013

Ben Donovan's Dad's 4620

Ben Donovan, of Illinois, reached out to Machinery Pete for help in finding a special tractor

“Pete, can you help?”

I got quite an interesting message from a follower of our Machinery Pete Facebook page recently. Ben Donovan, from central Illinois, reached out wondering if I could possibly help him find the 1971 JD 4620 tractor his grandfather Jim Donovan of Heyworth, IL bought new from Arends John Deere dealership in Melvin, IL 42 years ago (see picture above). Here was Ben’s note to me:

Used John Deere 8330 Tractors Selling High at Iowa Auctions

July 29, 2013

2010 JD 8330 tractor with 1,643 hours sold for $162,000 on a July 10, 2013 farm estate auction in north-central Iowa
2010 JD 8330 tractor with 1,643 hours sold for $162,000 on a July 10, 2013 farm estate auction in north-central Iowa

You know the used tractor market is hot when 3-6 year old models are selling for more $$ than they went for when they were 1-2 years old.

Case in point: the John Deere 8330 tractor. I began to see 8330’s sell at auction back in late 2007. From that time up through the end of 2011 I only saw (1) JD 8330 ever sell for more than $150,000 at auction…the 2009 model 8330 with only 526 hours on it sold for $154,000 on a December 10, 2010 farm auction in northwest Missouri.

1963 John Deere 3010 Sold for $15,500 on Ohio Auction

June 27, 2013

I’ve seen a lot of John Deere 3010 tractors sold at auction over the years.

So quite the happening last Saturday, June 15, 2013, on a collector auction in Johnstown, OH when a restored 1963 JD 3010 diesel tractor went for $15,500. That is the 2nd highest auction sale price I’ve seen the past 17+ years on a JD 3010.

The only JD 3010 tractor I’ve seen sold for more $$ was the 1963 LP Standard 3010 (repainted, Syncro, front weights) sold for $22,750 on another collector auction June 18, 2011 in southwest Minnesota. That was the same auction where the 1969 JD 4020 diesel tractor with front-wheel assist sold for a record auction price of $50,000.

5 Record Prices on Saskatoon, SK Farm Auction

June 4, 2013

Wow, what a sale!

April 27, 2013, up in Saskatoon, Saskatchewan, Canada, a farm auction for two brothers. An absolutely beautiful line of farm equipment. Beautiful may be too pale an adjective. This stuff was immaculate. Sale prices ran very high, including these (5) new record high auction sale prices:

* 2006 JD 8330 tractor with 694 hours, sold: $167,500

JD 8330-SK sale price $167500

* 1994 JD 7200 tractor with 3,135 hours, sold: $67,000

JD 7200 Tractor

* JD 725 loader, sold: $10,000

JD 725 Loader

* 1984 JD 4250 2WD tractor with 3,849 hours, sold: $48,500

JD 4250 2WD Tractor

2004 John Deere Gator T520 Sold for $11,700 at Ohio Auction

May 7, 2013

John Deere Gator sold for $11,700 at Ohio auction

I covered a nice farm retirement auction for Richard Bissantz in southwest Ohio on April 13, 2013.

Lots of big equipment on this auction, like a 2007 John Deere 9220 4WD tractor with only 683 hours ($167,000), a 2007 John Deere 8130 tractor with 375 hours ($143,000), and a 2008 John Deere 9670 STS combine with 411 engine hours ($183,000).

But Richard’s favorite piece of equipment on his farm, the one he hated to see go the most? His 2004 John Deere Gator T520. It was a diesel, 4WD, with cab & front hitch. Oh yeah, it only had 47 hours on it.

John Deere 4450 Tractor Sold $20K Over Record Price

April 5, 2013

1988 JD 4450 tractor with 2,612 hours

Above is a 1988 John Deere 4450 with 2,612 hours which sold for a new record auction sale price of $70,750 on a 3/9/13 farm estate auction in Alpha, MN

I’ve been covering machinery auctions for 23 1/2 years. I’ve seen a lot of tractors sell.

None quite like the 1988 JD 4450 I watched sell on a March 9, 2013 farm estate auction in Alpha, MN. This was a beautiful tractor with only 2,612 “1 owner” hours in fantastic condition. The 4450 never pulled any tillage. As good used tractor values are up 7-15% so far here in 2013 I was very interested to see how high this super nice JD 4450 would sell.

JD 1760 Planter Sold for Near Record Auction Price

March 1, 2013

John Deere 1760 Planter -MI-$52K

Used planter values are up early in 2013.

Proof came on a nice farm auction in central Michigan on Feb. 21, 2013, where the John Deere 1760 12R-30 planter pictured above (Conservation, liquid fertilizer, 1 owner, front fold, 3 bu. seed hoppers, Seedstar) sold for $52,000, just $3,000 off the all-time record auction sale price on a JD 1760 12R-30 of $55,000 (11/21/11 farm auction in northeast Kansas, 1 owner, excellent condition, <1,000 acres use).

Here are (3) other strong auction sale prices I’ve seen so far in 2013 on John Deere 1760 12R-30 used planters:

Online or Traditional Auction: John Deere Tractors Sell Strong

February 13, 2013

John Deere 4960-OH-$114K

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.