Doesn’t seem to matter WHERE they sell, used John Deere tractors in very good condition bring good money.
(This 1995 John Deere 8100 tractor with 2,626 hours sold for $81,000 on a Jan. 6, 2014 farm auction in northern New Jersey)
Case in point, the pair of JD 8100 tractors sold on recent farm auctions here in early 2014. First the 1995 JD 8100 with 2,626 hours (pictured above) sold for $81,000 on a farm auction in northern New Jersey on January 6, 2014. Very solid sale price there.
Four days later, on a January 10, 2014 farm estate auction in west-central Ohio, this 1996 JD 8100 tractor with 3,603 hours (pictured below) sold for $76,000. Another very solid sale price.
(This 1996 JD 8100 tractor with 3,603 hours sold for $76,000 on a Jan. 10, 2014 farm auction in west-central Ohio)
How strong are those sale prices? A little history lesson to shed some light…during the 10-year span from 1997-2007, I only saw (2) JD 8100’s sold for more money. Here’s the scoop on them:
* $77,500: 4/16/05 northeast Nebraska sale, 1998, 274 hours
* $82,000: 4/3/02 southeast Kansas sale, 1998, 288 hours
So chew on this a second…that pair of 1998 model JD 8100’s were only a few years old and had hardly any hours on them. Now compare to the nearly 20 year old JD 8100’s just sold on the New Jersey & Ohio farm auctions, with 2,626 and 3,603 hours sold for right about the exact same money.
That’s called holding your value folks.