Great condition + Pre-DEF still = Red Hot Bidding at Auction.
Even as large late model used equipment prices/values continue to work downward here throughout '24.
More proof of the Red Hot buyer demand for very good condition Pre-DEF items came Monday, August 26, 2024, on the Larry and Cathy Echtenkamp farm retirement auction in Wayne, Neb. by Creamer Auction Co. Check out these sale prices:
CaseIH MX245 with 1501 hours, sold: $142,000
Pete’s Note: “$142K is new record high auction price on MX245 by whopping $26K, breaking record price ($116,000) that had stood for over 10 1/2 years”
HIGHEST AUCTION PRICES EVER ON CASEIH MX245 TRACTORS
1995 CaseIH 7220 with 2844 hours, 1 owner, sold: $79,500
Pete’s Note: “$79,500 is 4th highest auction price ever on 7220 and the 2nd highest price past 8 1/2 years”
HIGHEST AUCTION PRICES EVER ON CASEIH 7220 TRACTORS
2011 CaseIH 6130 with 1323 engine hours, sold: $171,000
Pete’s Note: “$171K is 3rd highest auction price past 10 years on 6130 combine and 7th highest auction price ever”
Click here for full sale price report from Aug. 28 Wayne, Neb. farm auction: https://tinyurl.com/MachineryPete-WayneNE-Prices
Pete
Machinery Pete