What's John Deere 4760 with 866 Hours Worth in Australia?

Email I got today from Australia:

“We have a John Deere 4760 with 866 genuine hours on it. It has always been in a shed, has rear duals, 3pt. and front weights. We are just wondering how much it is worth AUD.” - Jordan Morrison

Here’s a picture of Jordan’s John Deere 4760 with 866 hours:

Pete’s Reply: Well Jordan, I don’t run across 4760’s every day with < 1,000 hours on them. Very cool find! Although, just back on a November 18, 2017 auction in central Indiana, a sale by our good friends at Ted Everett Farm Equipment ([www.tedeverett.com] a 1992 model John Deere 4760 did sell that had only 484 actual hours on it. I think the “story” on it was it had been owned by a local doctor who just hardly ever used it. That 4760 set a new record high auction price at $85,500. Here’s a picture of it:

Here’s a look at the Highest Auction Prices on John Deere 4760 Tractors:

Now Jordan I’ve been compiling auction sale price data for over 28 years, but haven’t yet begun (we hope to eventually!) to compile sale price data from Australia. The current exchange rate I believe is $1 AUD = .78 U.S. dollar. If that 1992 model 4760 with 484 hours in Indiana went for $85,500, let’s guesstimate your 866 hour 4760 in the $80K ballpark range. And $80K U.S translates to $102,564 AUD.

Hope this analysis is helpful Jordan!

Pete
www.machinerypete.com