Used Tractor prices

LAA

Well-known Member
Used Tractors in general are the cheapest I have ever seen them, relatively speaking, even JD, it is a buyers market but I guess only if you need one.
 
It is, for a few reasons I suspect. People are at an all time lazy, tractors involve work. And antique tractors are at an all time old age. The economy while relatively stable, people dont have confidence in it and therefor aren't spending.

For the dumb of us, wheeeeee! Great tractor prices!
 
I noticed the same in my area. I've got an 8N I was going to sell, not worth a bunch of money, great mechanical condition and not too ugly. Its a good working tractor but for what they are selling for I think I might keep it for now.

Its at the tail end of the growing season in most places, I suspect most people already have one or don't really need one right now.
 
LAA You must be talking about older collector type tractors but not the rare ones. Good working semi modern tractors are bring good money still. I think we are seeing a generation shift. The 30-40 year old fellows a few decades ago were buying the tractors their families had when they where kids. Fellows that age now are buying a new compact tractor over an old Ford 8N. So the demand for those old farm tractors is falling.

Think about it. If you have a small acreage you want something you can mow the grass with, and have a loader for moving dirt/snow. Then if it is small enough to park in the garage beside your truck/car. That is what the compact tractors are doing. There are few buyers of the older regular tractors like a Ford 8N, JD "A/B", Ferguson TO20.
 
I never would have thought a JD 4020 would frequently bring $20000 regularly. I also would not have expected JD 4255, & 4455 up in the High 40's - the high $50,000... Regularly. I don't think I agree with your assessment of things at the moment.
 
When you say regularly I would guess your not speaking professionally restored show tractors so 20,000 for a 4020 is phenomenal, a working 4020 diesel won't bring 8,000 in my area. 55 series JD tractors are still popular but would not bring half of what you quoted, especially in 2WD.
 
What area are you in?
Around here (central Md and S Pa.) a worn out 4020 will bring 10-12 and 4455 2wd is upper 30's. Might find an open station 4430 with rusted out fenders for 10-12. Must be more money around these parts
 
Must be the area. 50 series 2wd brings over $30k any time one shows up, let alone 55 series, with at least 9k hours. I haven't seen a 4020 below $12k in a long time, condition irrelevant.
 
I am in Northeast Louisiana, the southern boundry of th Mississippi delta, not a wealthy area by any stretch of the imagination and currently under a double whammy of low commodity prices and the almost complete collapse of the oilfield economy. 35 years ago I hauled many loads of Holstien heifers out of Baltimore, Frederick, Howard and Montgomery counties as well as from Lancaster county in PA, 15 years ago I hauled goats back to New Holland sale. I used to go to a few auctions in your area and noticed that by and large the equipment was well cared for and brought good money.
 
LAA your in a low value area of tractors. It has been that way in many parts of the South for decades. The tractors in your area many times are in real ROUGH shape. That really hurts the resale. I have bought Miss. Delta tractors. They usually are treated bad and worn out.

IF you put a Southern tractor next to a Mid-west tractor the southern tractor will usually sell 20-30% less. Guys are just afraid of them.
 
gotta agree , dere still commands a good price ,, but all brands prices have gotten soft ,the real bargains are in brands like case, oliver, molenes .massey harris.. especially the big 75 hp and up , though they look neglected when you find them most times the engines are in great condition , with serveral easily fixable issues . .. never could figure what thrills guys to shell out big bux for the little gray fords , and cubs , but they still do ,,.
 
I know there is a big difference between mid-west and south as far as tractor values but at any big auction down here the larger tractors and combines are usually bought by mid-west equipment jockeys.
 
Must be a regional thing for sure. Around here prices are higher than ever. People say the prices on Tractor House are way high but my local dealers stick to those prices. The salesmen around have the opinion if you don't pay what they're asking eventually someone will. A tractor I was trying to deal with sat on the lot for over a year with them refusing to budge on price.
 
(quoted from post at 05:25:09 09/18/15) LAA You must be talking about older collector type tractors but not the rare ones. Good working semi modern tractors are bring good money still. I think we are seeing a generation shift. The 30-40 year old fellows a few decades ago were buying the tractors their families had when they where kids. Fellows that age now are buying a new compact tractor over an old Ford 8N. So the demand for those old farm tractors is falling.

Think about it. If you have a small acreage you want something you can mow the grass with, and have a loader for moving dirt/snow. Then if it is small enough to park in the garage beside your truck/car. That is what the compact tractors are doing. There are few buyers of the older regular tractors like a Ford 8N, JD "A/B", Ferguson TO20.

Yes, I'm that guy. Twenty some years ago when I was 40 I bought an 9N to mow and move some dirt and gravel around a new to me rural property. Now at 60 the 9N and 8N I got about 10 years ago are still useful for some limited tasks, but the little Mahindra with a FEL, live hydraulics, power steering, independent PTO and diesel is way more useful and lets me do some jobs the older body strains to do now. I'll probably keep the old birds around for some time but probably won't put any major money in them. If they blow, they go.
 
In north Arkansas tractors that are still used for farm work are still selling fairly well. Old lettered tractors are pretty much scrap prices. If you go over to the delta, especially in the southern area, the prices drop considerably for newer tractors. I could give the reason but it would get me kicked off.
One reason the older 80's models are selling good is because of the electronics on the new tractors. The average age of farmers and ranchers in my area is well into their 60's. We don't get along well with electronics and paying someone to hook up a computer to fix a problem kind of goes against our grain. A mechanic should have dirty fingernails.
 
I ain't in the market for a 200 horse power rig but those are cheaper yet, relatively speaking, because if an out of state equipment jockey does not buy it or if another row crop farmer does not want it there is no other market, cattlemen don't need it, 75 - 120 HP is about all a hay operator around here will want. I know a man wanting to sell a one owner, 5000 original hour CIH 7110 2wd with clean cab, good A/C and good tires and he can't get 20,000 for it. I know used tractors and used equipment in general bring a lot more money where your from, there are a lot of mid west bidders at auctions in this area.
 
Today in central MN 4250 JD 6000hrs brought 33500 on farm auction. Powershift and 2wd, see on proxibid, MidAmerican auctions.
 

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