SO many new record high auction sale prices on all types of farm equipment have been recorded throughout 2022…particularly on Tractors.
But it ain’t all shiny out there.
Case in point, an online auction today in Texas where this IHC 1086 tractor sold.
$1,600 is the lowest auction sale price I’ve seen on an IHC 1086 tractor in over 8 1/2 years, since 3/8/14 sale in Shreveport, LA ($1,350). $1,600 is also the 6th lowest auction sale price I’ve ever seen on 1086. Just for perspective there are 1,026 auction sale prices I’ve compiled over the past 23 years, free to view at www.MachineryPete.com/auction_results
LOWEST AUCTION PRICES ON IHC 1086 TRACTORS
Despite this low $1,600 auction sale price today from the online Texas auction, the average auction price this year on IHC 1086’s remains very strong - $10,046, just off last year’s average auction price of $10,512 - the highest average auction price on 1086 in 13 years (2008 - $11,105).
AVG. AUCTION PRICE ON IHC 1086 TRACTORS PAST 10 YEARS
“Tractor Specs” on IHC 1086’s: https://www.machinerypete.com/specs/international-harvester/1086/6951
(22) IHC 1086’s for sale today: https://www.machinerypete.com/tractors/100-174-hp/international-harvester/1086