Tractor prices

It looks like old tractor
prices are on the rise??

Depends on the tractor. Old large frames with 90-100+ hp from the 60s and 70s have made a huge comeback. I remember 20 years ago a decent 1466 or 1456 was matched in price by 560s and 656s. Now you can't find a tractor that size under $10,000 unless it has issues (and it may have a LOT of issues). Hs, Ms and Cs are still cheap and getting cheaper. The 300s, 350s, 400, and 450s are still holding their own.

One tractor going high at one auction does not make a trend.

Step son bought a 1952 8n completely rebuilt with a back blade.
Nice tires, nice looking metal, 12v for $1500.

Don't think anyone is going to get rich selling used rebuilt tractors.

I know another man who bought a new small JD with a loader, mower and backhoe.

I think young people today want new, dealer support, and make payments.

Step-son is learning there isn't much he can do with the 8n.

Everything has gone up around my area in the last few years. Non running Farmall M's (2) nearly a thousand dollars each this year and I can hardly wait to see what the wheel belted H brings tomorrow. Seems like a lot of equipment that is not obviously scrap is leaving the area so less inventory to choose from therefore higher prices. Then worst of all there is not a pickup truck worth buying out there if it is much older than five years old.

We always laugh and say about all you can do with a 8N is go gather your eggs. Lol. But they did do a lot of farming with it in the 50s.

Everything is going up, so staying at 2 or 3 year old prices is actually going down. Even if the price is 20% more than 3 years ago, your still even money. On another note: I made a comment to an old man with a lot of old tractors; Boy, you sure have a lot of tractors! He said, It is easy to do if you pay too much for them.

8N will teach the owner to be a mechanic

At a couple auctions so far this year older usable tractors have been selling strong,I have sold 2 so far that sold right after I advertised them

Ill make an argument that pricing is dependent on many factors which cant be generalized. Four or five years ago there was a Farmall H from an orchard out east that sold for $40,000 while all the other Hs were selling for $1,500-$2,500.
30 years ago a farmer in the neighborhood had an auction with a late JD 530 w/ 3pt. It sold for $5,400 and was the buzz in the neighborhood. Auction result show that is where we see 530s at today.

Well Dad bought a new 1944 Ford 2N in may of 1944 and was his only tractor untill he bought a 38 A John Deere in 57. WE did every job on the farm with that Ford including all tillage, planting and harvesting. It was when he got the Deere that I was old enought to start helping on the farm then the Ford still did every thing, just had a helper. And I figure I will own that Ford untill the day I die.. I also have a 1941 9N Ford I bought probably 20+ years ago that is currently under going a rebuild. Engine done, just wating on decent weather to put back in tractor. And here in Hancock County in Ohio have an inch of snow on the ground and still light snow.

There are always going to be flukes, like a Farmall H being fought over by two family members.

You also have to look at it in terms of today's dollars, not 1985 dollars or even 2019 dollars. The number might be higher but the value is the same or less.

I'm not sure what you are referring to? Or making this statement on?

In my area, it depends on what old tractors you are talking about. Stuff from the 60's/early 70's is now of the interest of the retirement age. What dad had, what they started out with. That use to be the way of the stuff in the 40's and 50's, but that stuff is now on the decline because of the new generation now in retirement. Thier not wanting the stuff that Gandpa use to have. That's getting to old, and not really what they remember. It seems as if, as one generation goes to the cemetary, the stuff that was new when they were young, heads to the iron yard right about the same time.

Older bigger tractors with cabs seems to be holding there own too. The ones still feild ready and can be placed into a modern day operation. The ridiculous inflated high price of a new one is probably responsible for this.

As others have said, you can't pick out the high price of a single incident, and apply it to all. There was some talk about a 4440 (I think it was) on here awhile back that brought 70 or 80k. I'm sure that can't be applied to all 4440's. But that tractor would probably fit into the second category that I have already mentioned.

You hit the nail on the head with the young wanting new.

In my area, most all the young guys would not do it, if they didn't have new to do it with. It's like they wouldn't be able to show thier face in town if they were seen planting with an open station tractor and an 8 row planter. Nope, gotta have the new tractor and new 16 or 24 row planter. If not, I'm not doing it. Seems to be thier motto. And of course, gotta have the new house and new vehicles to go right along with it.

I don't get it. I don't think it use to be this way back in time from what I can remember. The middle aged guys, and older gents were the ones buying the new stuff. Pay the farm and livestock off first, then buy new stuff. Probably in over thier head at times with just the financing for the farm and livestock without adding new equipment financing to it.
Not that way anymore. It's like there is no end to the financing. Build a new house, buy a new pick-up, and then just go borrow some more money for a new tractor. And these are young guys doing this. Just starting out. Its like a financial statement is driving a new pick-up to town, and not an envolope that comes in the mail. Some will be in for a rude awakening if the 80's ever hits again.

There are fewer 40 acre farmers today.
Today's youngsters, that live in the country, have 5 or 10 acre homesteads. They want a tiller, something to push snow with, a mower, a loader and a backhoe.

My 1950 farmall C is good for one thing, mowing. Does a great job too.

My 1953 Jubilee is also a good mowing tractor and 3 pt makes it a good tractor for pushing snow.

The best tiller I own is a JD garden tractor.








My best loader and mower is a 2019 Kubota.

My only backhoes are terramites.

My jubilee is retired after buying the Kubota. Jubilee is not for sale.
I wouldn't give you a nickel for another Farmall or Jubilee.
If I needed another tractor, I would buy new with a cab and loader.

I think many younger people think the way I do.

you ready for plowin yet? you should gather up a bunch now before the price gets too high. darn canola price dropped over a dollar a bushel since yesterday.

I am getting my Ferguson 20 overhauled now too. My go to tractor for small jobs.

At the last consignment auction I was at, running n fords, decent rubber brought around $500.00. D17 Allis around $3000.00. H and M farmals running $2500-$3000.

I know how to drive prices down. Put some of mine up for sale.