Been interesting to me over past 30+ years to observe the depreciation trend on the 1st year of a new Model Series over time.
Like 2012 model year John Deere S600 Series Combines.
Deere made the S650, S660, S670, S680 and S690 model combines from 2012 - 2017.
Yesterday (September 8, 2020) on the R.J. Farms online retirement auction in Oskaloosa, IA by Sullivan Auctioneers (www.sullivanauctioneers.com) a very sharp 2012 JD S660 sold. It had 1537 engine hours. It was 4WD. Here’s a picture of it.
Highest auction price so far this year on a 2012 model JD S660.
HIGHEST AUCTION PRICES THIS YEAR ON 2012 JD S660 COMBINES
Here’s a look at how 2012 model JD S660 Combines have depreciated over the years.
AVG. AUCTION PRICE ON 2012 JD S660 COMBINES
Note how now at 8 years old, the 2012 model S660 has only depreciated 3.3% so far this year vs depreciating 13.4% last year.
Here’s a look at current Avg. Auction Price on other 2012 model John Deere S600 Combines.
- Data by www.MachineryPete.com
Interesting to note, isn’t it, that the smaller 2012 model S660 combines are selling for more $$ at auction this year than the larger S670 and S680 combines. This jives with a general trend I’ve been observing now for quite some time in the used market…
SMALLER = HOTTER.
Here is a link to (468) 2012 model Combines for sale today: https://tinyurl.com/yxttmgtj
The R.J. Farms retirement auction yesterday in Oskaloosa, IA was a very nice sale…here’s a link to view other sale prices from this sale, including sharp JD 9430, 8310R, 7330 Premium, 4450 and 4020 Tractors: https://tinyurl.com/yy4p6a2w