Statistically speaking, it’s quite amazing.
Over the past 18 years I’ve seen over 300 John Deere model 4650 tractors sold at auction. Deere made the 4650 model (165 HP) from 1983-1988, so they are now 25-30 years old. So what’s so amazing?
The (3) highest auction sale prices I’ve ever seen on 4650’s have all come this year. So, getting older, but the nice ones are worth more money than ever. Coming into this year the highest auction price I’d seen was $54,500…all the way back on a 3/27/97 auction in northwest Iowa for a then 10-year old 1987 model JD 4650 with only 1,621 hours. That 16 year old record price has been smashed (3) times already this year…the facts: