1987 JD 4850 with 3204 Hours Sold Yesterday on Indiana Farm Auction - 2nd Highest Price in 11 Years

Not a bad couple of days.

First on Saturday (December 7, 2019) a 1981 JD 4840 with 5830 original “1 owner” hours sold for a new record high price of $38,500 on the Frank Clark farm retirement auction in Crescent, IA…here’s video: https://www.machinerypete.com/media_posts/1981-john-deere-4840-with-5830-hours-sold-for-record-price-today-on-iowa-farm-auction

Then on Monday (December 9, 2019) the 1987 JD 4850 pictured below, with only 3204 hours, sold for $51,000 on the David & Linda Muck farm retirement auction in Edinburg, IN, sale by Ted Everett Auctioneers. That is tied for the 4th highest auction price on a JD 4850 the past 20 years.

HIGHEST AUCTION PRICES ON JD 4850 TRACTORS PAST 20 YEARS

"Tractor Specs" on JD 4850’s: https://www.machinerypete.com/specs/john-deere/4850/7360

Here’s a picture of the record holding high price JD 4850…a 1984 model with only 3027 hours sold for $61,500 on a 7/6/17 farm auction in Bradford, IL.

  • Avg. Auction Price this year on JD 4850’s = $21,418
  • Avg. Auction Price last year on JD 4850’s = $20,028
  • Current Avg. Dealer Advertised Price JD 4850’s = $32,688

Link to (26) JD 4850’s for sale today: https://www.machinerypete.com/tractors/175-hp/john-deere/4850

Pete
Machinery Pete
www.MachineryPete.com