machinery pete

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

December 27, 2012

1971 JD 4000 Tractor Sold for $35,000

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.

Machinery Pete’s Connection to John Deere Goes Back 105 Years!

June 4, 2012

Old Farm Picture

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 History: 175 Years

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.

John Deere 4240 Sold for Record Auction Price of $34,500

March 9, 2012

John Deere 4240 Tractor

This 1981 John Deere 4240 tractor with 4,791 hours sold for a new record high auction sale price of $34,500 on a Feb. 28, 2012 farm auction in east-central Nebraska

Another week, another new record auction price on a John Deere tractor.

Last week’s new record high sale price was $34,500 paid for a very nice 1981 JD 4240 on a February 28, 2012 farm auction in east-central Nebraska. This 4240 was a “2nd owner” tractor and had 4,791 hours. Noteably, it was also a “Quad Range”, not a “Power Shift” and sold with 9-bolt duals & hubs.

1983 JD 4050 2WD Tractor Sold for $44,000 on Iowa Auction

February 6, 2012

This 1983 JD 4050 2WD tractor with 3,975 hours sold for a new record auction sale price of $44,000 on a January 14, 2012 farm auction in west-central Iowa.

Values on used 100 horsepower and under tractors are going up.

Proof came in the form of two recent farm auction sales in January 2012. First on a January 14, 2012 farm auction in west-central Iowa, a very nice 1983 model JD 4050 2WD tractor with 3,975 hours sold for $44,000, a new record high auction sale price.

Old John Deere Combines Draw High Interest

January 13, 2012

John Deere 7510 Tractor Sold for Record Price on Missouri Auction

January 3, 2012

This 2001 JD 7510 tractor with 830 hours sold for a record auction sale price of $82,000 on a December 28, 2011 farm auction in Memphis, MO

I’ve seen record auction sale prices fall throughout 2011 on used tractors from 130 horsepower, 180 HP, 200 HP on up the big monster 4WD model tractors. But it isn’t just the big boys going up in value.

A 2001 John Deere 7510 mechanical front-wheel drive tractor (115 HP) with 830 hours sold for a new record high auction price of $82,000 on a nice farm auction December 28, 2011 in Memphis, MO (northeast Missouri).

4 John Deere Tractors Sell for Record Prices at Iowa Auction

December 15, 2011

Wow, only 400 acres.

That’s all Ronald Gramenz farmed near Independence, IA. But Mr. Gramenz had quite a line of impressive, very low hour John Deere equipment. This past Tuesday, December 6, 2011, I traveled to Independence, IA to cover the estate farm auction for Mr. Gramenz. Sullivan Auctioneers out of Hamilton, IL had the sale. So how did the sale go?

Wow!

1999 JD 8100 Tractor Sold for $105K on Ohio Auction

November 22, 2011

John Deere 8100 tractor at Auction

The John Deere 8100 Tractor

This 1999 John Deere 8100 tractor with 1,340 hours sold for a new record high auction price of $105,000 on a farm sale in northwest Ohio last Saturday (Nov. 19, 2011)

How fast and how high have used tractor values been rising? Let me show you.

Deere made their model 8100 tractors (160 HP) from 1995-1998. Just about one year ago exactly, on a November 16, 2010 farm auction in east-central Nebraska, a 1997 JD 8100 MFWD tractor with 1,455 hours in “excellent” condition sold for $91,000…a new record auction price I had seen on a JD 8100.

1963 JD 110 Garden Tractor Sold for $2,300

November 11, 2011

This two-legged John Deere Lawn & Garden sign sold for $475 on the November 5, 2011 collector auction in Mt. Wolf, PA

This four-legged John Deere Lawn & Garden sign sold for $700 on the November 5, 2011 collector auction in Mt. Wolf, PA

This original JD 80 lawn cart sold for $600 on the November 5, 2011 collector auction in Mt. Wolf, PA

This original JD 50 lawn cart sold for $225 on the November 5, 2011 collector auction in Mt. Wolf, PA

This 1966 JD 60 garden tractor with snowblower sold for $750 on the November 5, 2011 collector auction in Mt. Wolf, PA

1988 JD 4450 Tractor with 8,570 Hours Sold for $41,000

November 3, 2011

John Deere 4450

Used John Deere 4450 at Auction

This used John Deere 4450 tractor with 8,570 hours in very good condition sold for $41,000 on an October 27, 2011 farm auction in northwestern North Dakota.

People have been asking me the same question for a while now. “Is the used tractor market really that red hot right now Pete?

Yep. Maybe even hotter than I wrote about last month. It certainly shows up in the numerous record high auction sale prices I’ve seen all across the U.S. and Canada on very low hour used tractors. But now this trend is even showing up on nice used tractors with much, much higher hours.