What happens when you put a beautiful 28 year old boxcar Magnum tractor with low hours up for sale at auction in this current heated ag economy…??
Yep, red hot bidding.
More proof came Wednesday, April 21, 2021, on Mowrey Auction Company’s (www.mowreyauction.com) big sale in Milford, IL.
1993 CaseIH 7140 with 2763 hours, 1 owner, sold: $69,000
Pete’s Note: “69K is tied for the 5th Highest auction sale price I’ve ever seen on a 7140”
TOP 10 HIGHEST AUCTION PRICES EVER ON CASEIH 7140 TRACTORS
Here’s a pic of the record highest selling 7140…1990 model with 3270 hours sold for $76,500 on 7/27/13 farm auction in Marshalltown, IA.
Here’s Youtube video of 2nd highest price 7140 selling for $71,000 on 4/1/17 farm auction in Hastings, MN by Houghton Auction Service…1990 model with 2972 hours, 1 onwer:
Here’s Machinery Pete Youtube video of 3rd highest selling 7140…$70,500 on this 1991 model 7140 with 2185 hours selling on 1/25/14 farm auction in Terre Haute, IN by Boston Auction Service:
AVG. AUCTION PRICE ON CASEIH 7140 TRACTORS PAST 5 YEARS
“Tractor Specs” on CaseIH 7140’s: https://www.machinerypete.com/specs/case-ih/7140/5675
(21) CaseIH 7140’s for sale today: https://www.machinerypete.com/tractors/175-hp/case-ih/7140
View sale price report from Mowrey Auction Co. sale in Milford, IL on 4/21/21: tinyurl.com/MachineryPete-Mowrey-4-21-21
View Auction Price Data FREE, updated daily, over 791,000 prices on all types of equipment: www.MachineryPete.com/auction_results
Pete
Machinery Pete