December '20 was a blizzard of activity on the auction front.
If you’ve been following along, you know my take on the state of the used farm equipment market late in 2020…RED HOT for good condition used units.
One sale earlier last month, December 3, 2020, I haven’t reported on yet that produced very strong sale prices was the Marvin Sieren Estate Auction in Keota, IA (east-central Iowa) by Sieren Auction Sales. Check out these sale price highlights:
1988 JD 4450 with 5925 hours, sold: $56,508
Pete’s Note: “$56,508 is 2nd Highest auction sale price on JD 4450 tractor in 5 years, trailing only the famous 1988 model 2WD 4450 with only 256 actual hours just sold for $94,725 (U.S) on 10/28/20 auction in Speers, SK - that is all time record high auction sale price on 4450”
HIGHEST AUCTION PRICES ON JD 4450 TRACTORS PAST 5 YEARS
2014 JD 6125M with 449 hours, sold: $72,624
Pete’s Note: “Highest auction price in 3 years on JD 6125M sold without a loader”
1990 JD 750 no-till drill, 300 acres on rebuild, sold: $21,012
Pete’s Note: “Highest auction price on JD 750 no-till drill in 16 mo.”
1996 JD 7410 2WD with 5095 hours, 1 owner, sold: $40,392
2007 JD 5525 with 2226 hours and loader, sold: $41,004
1992 JD 9400 with unknown hours, 1 owner, sold: $24,072
View 750,000+ auction sale prices here, updated daily: www.MachineryPete.com/auction_results
Pete
Machinery Pete