Just unbelievable.
But totally predictable.
That’s the current state of the used Tractor market as used values continue to soar higher and higher literally BY THE DAY. I am NOT kidding. By The Day.
Case in point, today, August 6, 2022, on the Mark and Kathy Carpenter farm retirement auction in Sabetha, KS by Younger Auction Co. (www.youngerauction.com), the 2006 JD 7820 tractor pictured below, with 2629 hours, 2nd owner, sold for another record high auction price.
2006 JD 7820 with 2629 hours, 2nd owner, sold: $132,000
Pete’s Note: “$132,000 is new record auction price - BY $25,000! Former record high auction price of $107,000 had stood for almost 10 1/2 years”
HIGHEST AUCTION PRICES ON JD 7820 TRACTORS
In the past 16 days we’ve now seen new record high auction prices on JD 7820, 8120 and 8420 Tractors. Among many other new record prices I should point out. Seems to be a VERY GOOD TIME to be selling a nice condition nearly 20 year old John Deere 20 Series Tractor! For more on the JD 8120 and 8420’s click on Machinery Pete blog here: www.discuss.MachineryPete.com
Also a great time to be selling great condition nearly 20 year old Combines…as was proven today on the Carpenter farm retirement auction in Sabetha, KS.
2006 JD 9560 STS with 2359 engine hours, sold: $89,000
Pete’s Note: “$89,000 is the 3rd highest auction price the past 5 years on an 9560 STS Combine. 4 of the 5 highest auction price the past 5 years on 9560 STS’s have come the past 5 mo. And 3 of the 5 highest auction prices the past 5 years on 9560 STS’s have come the PAST 3 DAYS!”
Ford 9030 Bi-Directional with 4360 hours, sold: $45,000
Pete’s Note: “$45,000 is 3rd highest auction price I’ve seen on 9030 the past 22+ years”
HIGHEST AUCTION PRICES ON FORD 9030 BI-DIRECTIONALS
2008 JD 1590 15’ no-till drill, 1 owner, sold: $40,500
Pete’s Note: “Very strong sale price here at $40,500 on 14 year old 15’ no-till drill”
2004 JD 567 round baler, 9199 bales, sold: $19,000
Pete’s Note: “$19,000 is tied for 4th highest auction price the past 6 years on JD 567 round baler”
Click here for full sale price on the Mark and Kathy Carpenter farm retirement auction today in Sabetha, KS…including smoking HOT sale price on a 2004 International 4300 10-wheeler grain truck, pictured below, with 20’ Scott alum. bed: tinyurl.com/MachineryPete-SabethaKS
Auction Prices FREE to view here, updated daily: www.MachineryPete.com/auction_results
Pete
Machinery Pete