10 year old low hour Tractors in good condition right now…Like Gold $$.
Another example came Wednesday, May11, on Bigiron’s weekly online auction (www.bigiron.com) where the very nice 2012 model Tractor below sold very strong.
2012 CaseIH Magnum 290 with 2869 hours, from Gurley, Neb., sold: $157,500
Pete’s Note: “$157,500 is the 3rd Highest auction sale price ever on a Magnum 290 and also the 2nd Highest price in just the past 6 mo.”
HIGHEST AUCTION PRICES ON CASEIH MAGNUM 290 TRACTORS
Here’s a picture of the record setter from last November, a 2013 model Magnum 290 with 1547 hours, 25th Anniversary model, set up for 22" rows, sold for $167,000 on 11/17/21 online auction in Perley, MN.
An interesting look at just how much has changed in the used Tractor market vs 3 years ago is the 2014 CaseIH Magnum 290 with only 560 hours and a Cenex 10 Year/10,000 Hour Extended Warranty, sold on 1/30/19 farm auction in Dunlap, IA. It went for $151,000. A very strong sale price for 3 years ago.
But if that same Magnum 290 with 560 hours and big extended warranty sold now…probably $175K+.
"Tractor Specs" on CaseIH Magnum 290’s: Case IH Magnum 290 Tractor Specs | Machinery Pete
(15) Magnum 290’s for sale today - including 2013 model with only 1355 hours in Aberdeen, SD: Used Case IH Magnum 290 Tractors for Sale - 15 Listings | Machinery Pete
Pete
Machinery Pete