No Let Up here in the used Tractor market as 2022 winds down. More Hot spark auction bidding came today, December 22, 2022, on the Whalen Farms retirement auction in Mexico, MO by my good friends at Wheeler Auctions & Real Estate (www.wheelerauctions.com). Check out these examples.
1983 JD 4250 2WD with 6601 hours, sold: $56,000
Pete’s Note: “$56,000 is the 2nd Highest auction price ever on JD 4250. The only higher auction price just came on 11/26/22 collector auction in Lennox, SD where a restored 1983 factory open station 4250 sold for $79,000. The 4 highest auction prices ever on JD 4250’s have now all come the past 13 mo. The Avg. Auction Price on JD 4250’s is UP 57.9% vs 3 years ago”
HIGHEST AUCTION PRICES ON JD 4250 TRACTORS
AVG. AUCTION PRICE ON JD 4250 TRACTORS PAST 10 YEARS
1982 JD 4640 with 6485 hours, sold: $43,000
Pete’s Note: “$43,000 is 5th Highest auction price ever on 4640. 10 of 11 Highest auction prices ever on 4640’s have now come the past 17 mo. - since July '21. The Avg. Auction Price on JD 4640 this year now up to $21,120 - an all time record high and UP 45.1% vs 3 years ago ($14,557)”
HIGHEST AUCTION PRICES EVER ON JD 4640 TRACTORS
AVG. AUCTION PRICE ON JD 4640 TRACTORS PAST 10 YEARS
2010 JD 9330 with 3350 Hours, PTO, Gold Key Tour Tractor, sold: $240,000
Pete’s Note: “$240,000 is 3rd Highest auction price ever on 9330. 5 of 6 Highest auction prices ever on 9330’s have come past 12 mo. Avg. Auction Price this year on JD 9330’s now up to $170,107 - Highest Avg. Auction Price in 9 years and UP 61.6% vs 3 years ago ($105,287)”
HIGHEST AUCTION PRICES EVER ON JD 9330 TRACTORS
AVG. AUCTION PRICE ON JD 9330 TRACTORS PAST 9 YEARS
View full sale price report from Whalen Farms retirement auction today in Mexico, MO: tinyurl.com/MachineryPete-WhalenFarms
The one SOFT spot on today’s sale was a theme I’ve just begun to pick up on here the last 7-10 days…easing sale prices on late model used Combines. So the 2018 JD S780 with 1264 engine hours on today’s Mexico, MO auction sold for $260,000 (pic below). This is under the Avg. Auction Price for 2018 model S780’s this year of $277,833.
Pete
Machinery Pete