Tractor prices/ Auction trends

Posted by Mark N on January 17, 2005 at 17:58:17 from (65.54.98.25):

I don't know if this will create any controversy but I just want to pass along a few of my thoughts and observations as I attend my fair share of auctions. This is a perspective from the midwest so other areas please chime in and we'll see if the trends follow. As always anything green and yellow brings more money than the exact same item that may be another color. That is one of those facts of life in the midwest. It seems that you are not true green unless you have one of the following 3 tractors in your possession. A, 4020, 4440. These seem to be the big winners as far as sales and longevity in my area. I can't attend too many auctions that doesn't contain one or 2 of these models. These same models bring big money. They made tons of 4020s but they still command high prices. I'll agree they're a good strong machine but probably not the best dollar for dollar horsepower. I'm not a red person by any means but the 1066 seems to be the one of choice for any those auction goers and probably one of the better tractors for dollar for dollar horsepower. They are easy to turn up and it doesn't take big money to get 150 horse out of these machines. In my area these are the machines of choice for tractor pullers. Also for red is the SMTA that is one of the more sought after older tractors. Again they have good power and are a good choice for pullers in the area. I've saw some bring 4-5000 dollars at estate auctions. I'm not including consignment auctions when I say anything becuase it's hard to tell if these machines are actually being sold or going back home. As a side note I think as days go along you will see bigger prices for open station tractors over cab tractors of the 70s early 80s vintage. I would say that an easier cheaper restoration can be had with an open station and there is nothing like a turbo whine on an open station tractor. Now the next 3 tractor brands are probably about all the same when it comes to auction results. Case, Allis Chalmers, Oliver/White. I am an Oliver man but I'll drive any of the last 3 brands any day. They all made good machines. I think IH and Deere were leading the styling race and it took a little while for these other manufacturers to catch up. When the Oliver line stopped and White became the name they really took a jump in cab comfort and overall styling. I like the Allis brand for decent horsepower in a compact design. At first look they seemed small but had plenty of horse power. I'm talking more along the lines of 175s, 180s and such. The 7000 series was another big jump but it seems they had such an odd design with the deep slope and the teepee like cab that it's a love or hate relationship around here. The olivers like 1750s and 1850s which are common around here are bringing around 5000. This seems to be up from previous years. The Cases of the 70s and late 60s are having tough times of bringing much. The last one I can remember was a 1170 Case with just over 3000 hours that struggled to bring $5000. For the horsepower and life left It should of brought a little more I thought. The Allis brand seems to be all over the place. I can't even give an idea because one I think should bring $5000 brings $2000. I won't even say. There are plenty of them around here but just not a big collector following or nostalgic following. I know of a few gentlemen but not enough to drive prices higher. I would say that out of the last few I mentioned that even though I said White made big strides in styling which they did, that these machines are not holding their value in the area. The big horsepower machines are really not bringing much. It seems that the 2-105s are the most prevalant models I see but $3000 or a little more are tops for these. I saw a decent 2-175 that barely made it over $2500. The machine ran like a dream but the paint was average like most of the silver paint jobs on these machines. I would mention Ford tractors but I just don't see many change hands and there are not that many close by. The only Fords that I see for sale are 8Ns and 9Ns. These used to be very pricey but have come down in price. A few years ago you had to give $5000 for one and now $2500 is about where we are at. I think the amount of them that came on the market played a role in that and probably everyone that needed one probably has one by now. I'd talk some about Machinery but those prices are again all over the place. I think some of the more useable antique items are bringing more such as sickle mowers, older manure spreaders, and small discs seem to be a big thing. Balers seem to be gaining as well as hay rakes. Plows are popular but generally seem to not bring very much. Again, I think that those that wanted one probably have one by now and they probably don't need more than a couple sitting around. Old combines, and I mean 50s and 60s seem to be picking up. In my area a few are getting restored and used as fun. Those same guys have big machines but have one of those machines that they may have started out on just to remember their younger years. I look to see older combines to pick up ground in time. I know this is a lot of info and this is all just observations and thoughts. I welcome any insight into your areas. Everyone's opinions are important and what you see in your area may help those of us looking for machines to buy. It will be interesting in 20 years to see where this hobby and interest in machinery will be.

Follow Ups:

• Re: Tractor prices/ Auction trends Mac 15:58:02 01/18/05 (0)
• Re: Tractor prices/ Auction trends billonthefarm 06:36:33 01/18/05 (0)
• Re: Tractor prices/ Auction trends Migraine 21:15:08 01/17/05 (0)
• Re: Tractor prices/ Auction trends Don Wadge 19:12:55 01/17/05 (1)
  • Re: Tractor prices/ Auction trends FRANK 07:57:45 01/18/05 (0)

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