Hmm, seems like I just wrote a blog on how very nice condition combines with a bit of age on them had been selling pretty well at auction here in early 2018.
Possibly the best example came today, March 24, 2018, on a farm auction in semi blizzard conditions in northwest Illinois where the 2011 John Deere 9670 STS 2WD combine with 919 engine hours (no heads) pictured below sold for $161,000 on a sale by Sullivan Auctioneers (http://www.sullivanauctioneers.com).
$161,000 is the highest auction sale price on a John Deere 9670 STS Combine in the U.S. in a full 3 1/2 years, since a 2011 model 9670 with only 601 engine hours sold for $179,000 on a September 1, 2014 farm auction in southwest Iowa.
As I've been saying here for the past 5 months now, not everything is selling on the high side at auction. Has to be very nice condition to bring good money. Here's a look at the Average Auction Price on John Deere 9670 STS Combines going back a full 7 years...note how the average price hasn't really dropped too much since 2016, after large value drops in 2015 and 2014:
Avg. Auction Price on John Deere 9670 STS Combines
Calendar Year | Avg. Auction Sale Price |
2018 | $99,833 |
2017 | $96,529 |
2016 | $104,178 |
2015 | $108,759 |
2014 | $134,614 |
2013 | $146,730 |
2012 | $153,292 |
2011 | $178,682 |
* Data by http://www.machinerypete.com
Note: Current Avg. Dealer Advertised Price on 2011 John Deere 9670 STS Combine = $132,406. Here's a link to view (30) 2011 model 9670's for sale today from all over, click to view: https://tinyurl.com/y7u2rwnu
Here's a look at the 10 highest auction sale prices I've seen on John Deere 9670 STS Combines since start of 2017:
Highest Auction Prices on John Deere 9670 STS Combines Past 15 Mo.
* Data by http://www.MachineryPete.com