13 years and 1 month ago, on a November 16, 2007 farm auction in Hallock, MN by the Steffes Group (www.steffesgroup.com), a very nice 1996 CaseIH 9370 4WD tractor with 3632 hours sold for $86,000. Mid November 2007 was right when commodity prices shot Higher and used farm equipment values shot UP.
$86K is still the highest auction price on a 9370 4WD in the U.S. since then.
But yesterday (December 8, 2020) the same auction firm, the Steffes Group, sold a 1997 CaseIH 9370 4WD with 3105 hours on the online farm auction in Jefferson, SD for George Norton. What a beauty it was. Here’s a picture of it.
SOLD: $84,000.
Highest auction price on CaseIH 9370 4WD in the U.S. in 13 years and 1 month.
Another example here folks of how very HOT the used Tractor market is here late in 2020.
Click here to view sale price report from the Jefferson, SD online farm auction yesterday: https://tinyurl.com/PricesFromSouthDakotaAuction
Pete
Machinery Pete