Values on good condition used farm equipment, all types, really ratcheting UP here late in 2020. Another example today (November 14, 2020) on the Wayne Murray farm retirement auction here in Rochester, MN by Suess Auction & Implement.
Case in point…the JD 450 12’ grain drill sold the Murray farm auction today. Here’s a picture of it.
$20K is the highest auction sale price on a JD 450 drill in exactly 5 1/2 years.
HIGHEST AUCTION PRICES ON JD 450 DRILLS PAST 5 1/2 YEARS
Link to (27) JD 450 Drills for sale today: https://www.machinerypete.com/planting/drills/john-deere/450
Also sold on the Murray farm auction in Rochester, MN was this JD 7830 with only 1051 hours…went for $107,000.
Current Avg. Auction Price on JD 7830’s = $69,454
Current Avg. Dealer Advertised Price on JD 7830’s = $83,723
Link to view auction sale prices on JD 7830’s: https://tinyurl.com/y42vou8l
Link to (21) JD 7830’s for sale today: https://www.machinerypete.com/tractors/175-hp/john-deere/7830