Pair of John Deere 4840 Tractors Sold Very High Yesterday on Iowa Auction

Yesterday on the Hansen online farm estate auction in Dallas Center, IA by Sullivan Auctioneers (www.sullivanauctioneers.com) a pair of sharp JD 4840 Tractors sold exceptionally well.

1981 JD 4840 with 5661 hours, sold: $30,500

1979 JD 4840 with 7082 hours, sold: $29,500

These are the 3rd and 4th Highest auction sale prices on JD 4840 Tractors the past 10 years.

HIGHEST AUCTION PRICES ON JD 4840 TRACTORS PAST 10 YEARS

"Tractor Specs" on JD 4840’s: John Deere 4840 Tractor Specs | Machinery Pete

If we look at Avg. Auction Price data on JD 4840 Tractors…wow, very interesting. How about fact that Avg. Auction Price on 4840’s is UP 21% so far this year. Steep RISE in value on par with what I’ve seen across equipment sectors here in 2021. Here’s a look at 4840 values over the past 20 years.

AVG. AUCTION PRICE ON JD 4840 TRACTORS PAST 20 YEARS

Note how the Avg. Auction Price this year ($16,339) is the highest avg. since 2013 and also is actually higher than it was 20 years ago, back in the year 2001 ($16,161).

Holding your value there folks.

Link to (22) JD 4840’s for sale today: John Deere 4840 Tractors for Sale - 22 Listings | Machinery Pete

Link to 1970’s - 1980’s model 180-200 HP Tractors for sale today: Used Tractors 175+ HP for Sale - 10 Listings | Machinery Pete

Pete
Machinery Pete
www.MachineryPete.com

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Very nice looking John Deere’s