40+ years old... I remember coming into the business and selling 8N and farmall parts that were 40-50 years old... Falling market, super strong for the 60s-70s era tractors. Now they are dying off. 30 years old is where they all really start to fall off. That is my experience.
The tractor prices on used are still very high where I live, The hot brands seem to be john deere and Kubota and New Holland. Auction prices are still holding strong on clean low hour tractors. Not every one needs to finance it to buy it.
My theory is this…..no one has any money to spend. New is unaffordable, used has tough financing rates. Late model EQ is really struggling…..old stuff holds a bit of value if there’s money to buy it, if not, it too will go cheap. FJB
I think you picked the wrong Auction.That was an Auction of orphans. That 4040 has Hydraulic front assist which is useless and a power soak. Were it a 50 series, it would be mechanical and a whole different animal. Everyone is scared of a Case as parts for the transmission are expensive and someone to repair them correctly hard to find. A Kubota of any kind in 2WD is a low seller, why is just not really known. A 60 HP Massey is a small acreage tractor. People seem to like cabs with air and no crazy levers in odd places. BUT, higher interest rates from lenders means few if anyone will upgrade and there's nothing here worth the effort. Not a thing here that serious operators won't pay cash for if they truly needed it. The higher horsepower 2-3 year old stuff is really getting hammered. Prices are off $80-100,000 from last Fall. Farmers not only want to repair their own, but not get eaten by the Emmissions caused repairs that are prevelant across the board, no color is exempt. Most will require $15-25,000 in repairs within the first 5 years. Then there is the timing of it as well as parts availability. Then you get the who is the bigger priority, not who's first in line.
The tractors at this auction were just part of a trend ive been watching over the past 6 months not the driving force behind the video. I believe your analysis is spot on though thanks for the reply.
I'm actually kinda sad we didn't get a better view on the front of that tractor. But by the rim style and what appears to be a faint outline of a drive shift going to the front. I cannot confidently say it was a HFWA. I't definitely was set up differently than my hfwa if it was. Deere released the 40 series in eroup with mfwa, (this took place of the 50 serues, they did not release a 50 series in eroup) but some of those test bed tractors as well as a few test bed tractors for the 50 series mfwa did make there way into the American marked with 40 series stickers and it would be pretty neat if that was one of them.
That’s a true MFWA, definitely not Hydraulic. Has the wrong axle for Hydraulic, that is a ring and pinion front axle and you can see the drive shift from the trans to the front axle.
@@zachscheid4697you can see that is a ring/pinion front axle and you can see the driveshaft back to the trans. If it was a hydraulic front end. It would have the 2wd pivot section with the hydraulic motors in the steering knuckles which this doesn’t have.
@@bulldawg6259 leader his green new deal??? What does that even mean? Do you just say things and believe it's true? Try some critical thinking, facts and evidence before popping off..... you make yourself look dumb
The used equipment market has been overpriced for the last few years. Older tractors have been overpriced for what they are, nice to see the prices go back down to what they were before...
The Deere appears to be a 4040S model from Europe. It clearly has the mechanical front drive from the later 50-series instead of the hydraulic assist that the regular 40-series would have had.
It's demographics. My uncle's estate sale on the farm. Stage 2 farmall h brought $6000, super MTA $4800, super c brought $5200, original MF 35 59 model super nice (been on farm since 62) $5200, original super 77 red wheel ( one of the last ones built) $3100, international 485 w loader (208 hours) $20,000.
Over here in Australia is much the same recently cattle prices whent through the roof to unheard of levels i think it depends on how the economy is going if we are in drought etc
When you said best JD tractor I had my suspension it might be something in the 4000 series...I had the privilege of running a 4430fwa and 4450 mfwd in my teens ....loved those machines
There are fewer farms every day . A good brand low hour tractor is difficult to find. Prices may have come down but it may be due to fewer farms.An older low hour tractor may not appeal to a large operator excluding several John Deere models for the most part. The problem we have is fewer and fewer repair shops and fewer and fewer brands still alive.IH is an orphan and parts can be non existant,Case for some models ,it breaks its the scrap yard. So its important to be able to get parts and fix or get fixed for smaller operators . It could be prices are coming down due to operators not willing to extend risk at this time.
Things are still selling hot in ND. Case ih magnum 7240 mfwd with trimble eze pilot and display with 9000 hrs sold for 61k. I thought that was rather high. Tractor was in good shape and looked taken care of.
Was that 4040 a hydraulic front assist? If so, that would be a huge deduct in my area. Now, a 50 series with mechanical front drive would be a hot item around here.
Not sure about this, still hot up here in Canada. Old red Magnums bringing near what they sold for new. But they don’t have electronics,,,,,that’s worth thousands extra just for that reason.
I think the subcompact market is long overdue for a crash. The same 7 manufacturers make all 20+ brands. 20k for a suped up lawn mower is just ridiculous.
Another issue is that used equipment and especially tractors often come with issues whether the prior owner knew it or not. Then good luck finding someone to repair properly and of course every part has gone up in price if it can be found
Buyer beware. Even American branded tractors can be made in Europe, have metrics & parts hard to get. Newer tractors can have expensive & complicated computer issues. Auctions are buy as is, no returns, no warranty. Some were left in cold weather without anti-freeze & have cracked blocks. Some models are notorious lemons, do your research.
If that is an example of price crashing then I don't believe it. $25,500 and probably plus fees for a 40year old tractor! Even here in the UK it isn't worth that kind of money!
@@TheRustyGarageandHomestead yeah 2wd it would have been a solid price. The front wheel assist is what makes it valuable and 3k hours for a tractor that age is pretty low hours.
It may have been a nh workmaster 75 and 2 years ago they were 44k new. Now they 54k. A ton of demand was pushed forward due to the low interest rates. I knew the sub compact market would crash as new land owners already bought what they wanted. The utility size may get wrapped up in that too. Most of the land owners in my area are doing a pounds gained program on feeder steers instead of cow/calf. Or put in crp. There isnt the same excitement like in 2014 to buy in or build up. Prices have been supressed for so long, regulations with new regs coming, we have lost inertia. And the barrier to entry is so high a kid should just get a good degree with the $$$$$$ instead.
Few have any need for one. Every one is against farming. You have to have 1,000 acres to be even considered a farm any more. No one needs old worn out equipment. which can be extremely hard to get parts for. I see all prices coming down on small equipment.
thanks for the videos! i dont get to go much any more taking care of a elderly parent so thanks!!! im in wisconsin my neighbor just shipped some beautiful steers for steaks and roasts and the TOP price he got for 1 was $1.68 a pound his average price was $1.59 a pound. my neighbor who milks cows said the price he is getting for milk in june 2024 is the same as it was 12 years ago. and john deere and firestone tire ARE laying off people cause they cant sell their stuff farmers CANT afford it any more
Deere has had over 1000 layoffs/early retire payouts in several Iowa plants this year alone. Production being moved to Mexico or consolidated at existing plants. Expect more
Well, Deere is moving some production to Mexico. Cheaper labor is a big draw for these companies, regardless of domestic (US) consumption. No attempt by "our" government to keep them here, so unless the farming market in the US is red hot, the tendency is to pack up and go where the real money is.
Bullshit. Used prices are highest they've ever been and very unlikely to "crash" when a new one is 150k and cant be worked on yourself. Just had to pay $22k at auction for a jd4430 that needed another 1k in parts to fix the a/c
People have money just old equipment is spotty.The deal is like used cars .Every one thinks there stuff is worth what it is on a dealers lot and easy financing there and only buyers are people that can't get cash or don't have it. Your junk is worth only what someone will pay in CASH
You are crazier than a bedbug! Used tractor sales in Okra-Homer are bringing the highest return on investment of ANY heavy equipment. A 10 year-old used Deere wheat combine sells for 27% MORE than new. My best friend, the Loan Vice President of the largest BanCorp in the South provides loans to farmers for such things. A twin-engine eight wheel-drive tractor 7 years-old needing engines re-built and bad hydraulics sells for more than it did NEW, IF you can FIND ONE! Just like the USED CAR/TRUCK market. I own a 2006 Ford Five Hundred with 50K miles-I was offered in the supermarket parking lot $12,000 (or their 2022 Ford SUX) in green folding money for it, and I said "No way." To replace (size wise) it is a Dodge Daytona or Chrysler 300 for $86,000-up or a Lexus TL370 for $92,000+. No "SU(V)X" for me. All the U-toob bargains have dead engines and transaxles or worse today, BAD ELECTRONICS. Ain't no fences in Wheat Country Okie-Land no-more. A 13 year-old girl can't know where to plow or plant without GPS and internal inertial navigation. Just got back from crow-hunting out there. Seeing a 12 year-old driving a $3,300,000 combine and her 13,14,15,16 year-old brothers driving 40ton semi-grain trucks is a thing...
It's hit or miss. Most the guys buying to flip spending high dollar haven't moved here stock but that's good for guy that's trying buy one for small farm most them tractor jockey come up ask me what I'm after now because last year I made them earn them wins lol
The electric grid is about maxed out and a prime target for anyone who doesn't like us. To get higher dividends and executive salaries and bonuses, grid maintenance has been minimal with spares of everything approaching nonexistent (damaged equipment won't be replaced for a LONG time! And where is all that stuff made??). So let's switch to electric cars, trucks, and farm equipment as fast as we can! Folks, this country is painting itself into a corner we may not be able to get out of. Dark Age 2.0 on the horizon. Or is Stone Age 2.0? Enough of the good news!
That's my thoughts. Too many think they need bigger than they do. There was a 1950s dealer video for Allis Chalmers or Farmall that had charts for the different models and the number of acres that could be plowed, disked, planted, cultivated, and it was a surprisingly large number of acres. Sure, it might be more hours in the seat but there are six weeks of corn/bean planting window most places. Maybe you get clever and buy two old tractors with two smaller planters and hire a buddy for a few weeks. I've seen husband and wife following each other plowing with identical 50s tractors and plows.
Big corporate farmers don't buy used machinery, they buy or lease brand new machines and trade them before the manufacturer's warranty runs out. When it breaks they call the dealership to come fix it. Nobody wants a 40+ year old tractor except a hobby farmer with a few acres.
Sir you need to educate yourself on the case tractors that 2090.is five times better than the green piece of shit..seems most have green disease or something..we bought a 2390 new and with Good care and respect it has 15 000 hours now still rolling strong..show me a deer that had that many hours
In my opinion tractor brand loyalty is also regional. Case tractors are basically nonexistent in my area but I don’t live in farm country I live in hay and cattle country shoot there are more White tractors in use around here than Case.
Regardless of the brand, that decent care & respect aspect is the key to longevity! Also the blind luck of picking the right year & model... some lemons among the cherries in every color.
That's not bad. That is fantastic news. Maybe now the average homesteader can actually afford a tractor. Maybe bad news for the greedy A holes that have been taking advantage of people through artificial supply constraints. I hope all markets crash so that I can actually afford some assets in my life.
Equipment has been way over priced for years, kind of like the automotive market.
I agree but some equipment has always maintained a high level of value.
What the current farm land valuations isn't it in a bubble too?
Secondhand machinery and tractors are way over priced here in Ireland and the U.K. way overpriced
I have worked on tractors and heavy equipment all my life. What I am seeing now is it is getting harder and harder to find parts for old equipment.
40+ years old... I remember coming into the business and selling 8N and farmall parts that were 40-50 years old... Falling market, super strong for the 60s-70s era tractors. Now they are dying off. 30 years old is where they all really start to fall off.
That is my experience.
I haven't seen that.
What do you think the prospective would be of starting an old tractor parts business? And when I say "business," I mean a production business.
reverse engineering these things will be the only solution shortly.
I like the older tractors due to the fact you don’t have to screw around with the newer regeneration units. They are a pain in the butt!
Definitely!
The tractor prices on used are still very high where I live, The hot brands seem to be john deere and Kubota and New Holland. Auction prices are still holding strong on clean low hour tractors. Not every one needs to finance it to buy it.
Good to hear!
The idiots makes an auction over priced
The 4020 was the best tractor JD made
The o percent or cash option you are paying interest
@@randywells4674 not even close 😂😂 what a childish take
My theory is this…..no one has any money to spend. New is unaffordable, used has tough financing rates. Late model EQ is really struggling…..old stuff holds a bit of value if there’s money to buy it, if not, it too will go cheap. FJB
agreed!
Couldn’t agree with this more. I need a 60-100hp tractor to add to my haying fleet. Cant even afford a 50-60 year old tractor as they’re over 10k
@@faithfulfarmadventures How do you blame Biden?
bidenomics sucks
I've been saving a long time, maybe I can find me a good used tractor soon.
Those prices are very typical, except for that Case! That was very cheap if it was a running working tractor as they said.
The Kubota in this video wasn't to low but overall in the past 6 months tractors at auctions I go are down big on average.
I think you picked the wrong Auction.That was an Auction of orphans. That 4040 has Hydraulic front assist which is useless and a power soak. Were it a 50 series, it would be mechanical and a whole different animal. Everyone is scared of a Case as parts for the transmission are expensive and someone to repair them correctly hard to find. A Kubota of any kind in 2WD is a low seller, why is just not really known. A 60 HP Massey is a small acreage tractor. People seem to like cabs with air and no crazy levers in odd places.
BUT, higher interest rates from lenders means few if anyone will upgrade and there's nothing here worth the effort. Not a thing here that serious operators won't pay cash for if they truly needed it.
The higher horsepower 2-3 year old stuff is really getting hammered. Prices are off $80-100,000 from last Fall. Farmers not only want to repair their own, but not get eaten by the Emmissions caused repairs that are prevelant across the board, no color is exempt. Most will require $15-25,000 in repairs within the first 5 years. Then there is the timing of it as well as parts availability. Then you get the who is the bigger priority, not who's first in line.
The tractors at this auction were just part of a trend ive been watching over the past 6 months not the driving force behind the video. I believe your analysis is spot on though thanks for the reply.
I'm actually kinda sad we didn't get a better view on the front of that tractor. But by the rim style and what appears to be a faint outline of a drive shift going to the front. I cannot confidently say it was a HFWA. I't definitely was set up differently than my hfwa if it was. Deere released the 40 series in eroup with mfwa, (this took place of the 50 serues, they did not release a 50 series in eroup) but some of those test bed tractors as well as a few test bed tractors for the 50 series mfwa did make there way into the American marked with 40 series stickers and it would be pretty neat if that was one of them.
That tractor has a mechanical front wheel drive, in my opinion.
That’s a true MFWA, definitely not Hydraulic. Has the wrong axle for Hydraulic, that is a ring and pinion front axle and you can see the drive shift from the trans to the front axle.
@@zachscheid4697you can see that is a ring/pinion front axle and you can see the driveshaft back to the trans. If it was a hydraulic front end. It would have the 2wd pivot section with the hydraulic motors in the steering knuckles which this doesn’t have.
as the cost of new tractors goes up, the cost of USED tractors will go up too.
ESPECIALLY the older tractors WITHOUT emissions!
Computer controlled junk is all the companies make now... Go back to tractors which can be repaired by farmers in the field.
No wonder with Idaho and Oregon shutting down farms. We all could starve. FJB
LGB
FJB!!
why blame biden?
@@bipslone8880 he’s the leader his green new deal. WTF do think is going on
@@bulldawg6259 leader his green new deal??? What does that even mean? Do you just say things and believe it's true? Try some critical thinking, facts and evidence before popping off..... you make yourself look dumb
I’ve seen u overfed rednecks, nobody’s starving.
We are in a dying economy!
The used equipment market has been overpriced for the last few years. Older tractors have been overpriced for what they are, nice to see the prices go back down to what they were before...
The Deere appears to be a 4040S model from Europe. It clearly has the mechanical front drive from the later 50-series instead of the hydraulic assist that the regular 40-series would have had.
Thanks for the info!
I'd say the John Deere and the Kubota sold a little high. Not like they are power house's
the Kubota wasn't to low but on average over the last 6 months tractors in my area are down across the board.
I have a couple tractors to sell and was curious. After seeing the prices I still have optimism.
New tractors loose 10 to 20 thousand in value as soon as you sign the paper because of the inflated prices !!
2700 US dollars for a 2090 isn't too bad. Those usually did a lot of work and aren't the easiest to fix hydraulic transmission problems on.
It's demographics. My uncle's estate sale on the farm. Stage 2 farmall h brought $6000, super MTA $4800, super c brought $5200, original MF 35 59 model super nice (been on farm since 62) $5200, original super 77 red wheel ( one of the last ones built) $3100, international 485 w loader (208 hours) $20,000.
Good point and those are some nice tractors your uncle had!
What do you mean by a stage 2 h?
The cost and availabilty of parts and crazy high labor rates to repair used equipment has to have a lot to do with used prices .
This is 100% out of my wheelhouse. At some point I am gonna need some equipment and I have been hoping for the market to soften a bit. Great video.
The used market has softened that’s for sure lol. The new market is out of hand high especially the “name” brands. Thank you!
@@faithfulfarmadventures A few years back I was looking a new tractors. Glad I didn't buy then.
@@oakiewoodsman if you keep an eye out and aren’t in a hurry you can get a deal right now that’s for sure!
Over here in Australia is much the same recently cattle prices whent through the roof to unheard of levels i think it depends on how the economy is going if we are in drought etc
Good point.
same as here in kenya though we dont breed pedigree cattle
When you said best JD tractor I had my suspension it might be something in the 4000 series...I had the privilege of running a 4430fwa and 4450 mfwd in my teens ....loved those machines
There are fewer farms every day . A good brand low hour tractor is difficult to find. Prices may have come down but it may be due to fewer farms.An older low hour tractor may not appeal to a large operator excluding several John Deere models for the most part. The problem we have is fewer and fewer repair shops and fewer and fewer brands still alive.IH is an orphan and parts can be non existant,Case for some models ,it breaks its the scrap yard. So its important to be able to get parts and fix or get fixed for smaller operators . It could be prices are coming down due to operators not willing to extend risk at this time.
Wow I really thought that old case would of brought more than 2700
It was a lot of horsepower for $2700
@faithfulfarmadventures3898 that's no lie I would of bought it for that price
@@TheRustyGarageandHomestead it would have been a good purchase.
90 series case I bet the power shift was out
I liked the Kubota and the Case, they deff sold cheap compared to where I live!
The Case was definitely cheap.
Things are still selling hot in ND. Case ih magnum 7240 mfwd with trimble eze pilot and display with 9000 hrs sold for 61k. I thought that was rather high. Tractor was in good shape and looked taken care of.
Was that 4040 a hydraulic front assist? If so, that would be a huge deduct in my area. Now, a 50 series with mechanical front drive would be a hot item around here.
Not sure to be honest. Agreed 50 or 55 series would have been better!
No the hydraulic front wheel drive had a much bigger center didn't it?
We are seeing that used tractors above 150 hp are higher demand as large grain augers need more HP as well . But I could be wrong.
Thanks for the info!
Not sure about this, still hot up here in Canada. Old red Magnums bringing near what they sold for new. But they don’t have electronics,,,,,that’s worth thousands extra just for that reason.
Yep, in Alberta as well.
Montana used tractors are selling for premium, especially the 1970s JD. Front wheel assist loader tractors are in high demand.
@@redrustyhill2
Why? Just curious what equipment they're using on the front end.
@dough9512 doesn't seem like you know what front wheel assist is, or a loader?
@@redrustyhill2
I have an idea on both but wondering why the high demand for them. I guess I'll have to ask someone who knows.
I think the subcompact market is long overdue for a crash. The same 7 manufacturers make all 20+ brands. 20k for a suped up lawn mower is just ridiculous.
I agree I don't think they can sustain the amount of manufactures in subcompact long term either but who knows.
Where are you located?
What are John Deere 8285R tractors bringing ?
Northeast Oklahoma. We have very little crop land in my area so we don't see tractors that size often. Mostly 75-150 hp around here for hay equipment.
Haha, still north of Cdn$300,000 here in Alberta.
Another issue is that used equipment and especially tractors often come with issues whether the prior owner knew it or not. Then good luck finding someone to repair properly and of course every part has gone up in price if it can be found
Buyer beware. Even American branded tractors can be made in Europe, have metrics & parts hard to get. Newer tractors can have expensive & complicated computer issues. Auctions are buy as is, no returns, no warranty. Some were left in cold weather without anti-freeze & have cracked blocks. Some models are notorious lemons, do your research.
If that is an example of price crashing then I don't believe it. $25,500 and probably plus fees for a 40year old tractor! Even here in the UK it isn't worth that kind of money!
Maybe the auction co. didn't do enough to draw in buyers? (thankx-FFA)
Always a possibility.
The 4040 brought more than I would of guessed.
They usually sell 40k plus front wheel assist
@faithfulfarmadventures3898 that's crazy. There great tractors though. I can't find one online for sake with the fwa
@@TheRustyGarageandHomestead yeah 2wd it would have been a solid price. The front wheel assist is what makes it valuable and 3k hours for a tractor that age is pretty low hours.
3000 means 13000 most likely. If it was 3000 price would be double
That loader that is on it is probably worth nearly as much as the 40+ year old tractor.
Any good auctions in Texas?
Honestly ive never checked but im sure there are!
It may have been a nh workmaster 75 and 2 years ago they were 44k new. Now they 54k. A ton of demand was pushed forward due to the low interest rates. I knew the sub compact market would crash as new land owners already bought what they wanted. The utility size may get wrapped up in that too.
Most of the land owners in my area are doing a pounds gained program on feeder steers instead of cow/calf. Or put in crp. There isnt the same excitement like in 2014 to buy in or build up. Prices have been supressed for so long, regulations with new regs coming, we have lost inertia. And the barrier to entry is so high a kid should just get a good degree with the $$$$$$ instead.
Excellent Points!
Few have any need for one. Every one is against farming. You have to have 1,000 acres to be even considered a farm any more. No one needs old worn out equipment. which can be extremely hard to get parts for. I see all prices coming down on small equipment.
I do like those old 4040's and the 4020's. Don't see to many ft assist 4040's that's kinda nice
Front wheel assist are hard to come by in our neck of the woods there mostly north and east.
thanks for the videos! i dont get to go much any more taking care of a elderly parent so thanks!!! im in wisconsin my neighbor just shipped some beautiful steers for steaks and roasts and the TOP price he got for 1 was $1.68 a pound his average price was $1.59 a pound. my neighbor who milks cows said the price he is getting for milk in june 2024 is the same as it was 12 years ago. and john deere and firestone tire ARE laying off people cause they cant sell their stuff farmers CANT afford it any more
Thanks for watching! I don’t know how dairy farmers make it they’ve been especially hard on dairy’s the past 25-30 years.
Thanks and God bless you for looking after your parents.
Deere has had over 1000 layoffs/early retire payouts in several Iowa plants this year alone.
Production being moved to Mexico or consolidated at existing plants.
Expect more
Well, Deere is moving some production to Mexico. Cheaper labor is a big draw for these companies, regardless of domestic (US) consumption. No attempt by "our" government to keep them here, so unless the farming market in the US is red hot, the tendency is to pack up and go where the real money is.
New equipment price or interest rate are swapped, you're paying the same price in the end, do you want it up front or monthly?
Good point!
I got a beautifully maintained 1975 30hp Yanmar M3000 and a 5ft rotary cutter for $3500 😂 pretty expensive for the age I suppose but it's great
New equipment is to expensive nowadays. Also used equipment is quitte expensive...... it's almost rediculous....
My neighbor just purchased a John Deere 7410 4wd cab and loader, good rubber with 5000 hours for 30k Canadian
Used prices sky high here as no one wants to buy the new overpriced, unreliable, unrepairable junk that they peddle us these days
I like them old masseys
Yeah and you really don’t see a lot of them out there either.
@@faithfulfarmadventures people probably just hang on to them. There good tractors
@@TheRustyGarageandHomestead Massey was never big on the finer things but definitely reliable and simple.
@@faithfulfarmadventures I agree
I was going to buy a new tractor but the prices went high sky so I haven't bought one in 2 years
That 2090 was cheap that's a 7000.00 dollar tractor in michgan for 2700. Dollars ,I would of give 3000.00 for it.
It used to be a 7k tractor here to.
I'm currently in the market for a Deere 4 or 5 series and its NUTS out here!
Bullshit. Used prices are highest they've ever been and very unlikely to "crash" when a new one is 150k and cant be worked on yourself. Just had to pay $22k at auction for a jd4430 that needed another 1k in parts to fix the a/c
I almost went to that auction should have that was a good deal on that case
Yes it was
sounds like reasonable prices
Bring them to Europe they’re still making crazy prices
People have money just old equipment is spotty.The deal is like used cars .Every one thinks there stuff is worth what it is on a dealers lot and easy financing there and only buyers are people that can't get cash or don't have it. Your junk is worth only what someone will pay in CASH
I can't wait to get an ih 100 hydro for 3l
The people are tired of being screwed It's better to restore an older one and run it
Those price are about right. None were clean low hour tractors.
What about used heavy equipment
Its down here to especially skid steers and mini excavators.
Good the older non def tractors will be cheaper.
You are crazier than a bedbug! Used tractor sales in Okra-Homer are bringing the highest return on investment of ANY heavy equipment. A 10 year-old used Deere wheat combine sells for 27% MORE than new. My best friend, the Loan Vice President of the largest BanCorp in the South provides loans to farmers for such things. A twin-engine eight wheel-drive tractor 7 years-old needing engines re-built and bad hydraulics sells for more than it did NEW, IF you can FIND ONE! Just like the USED CAR/TRUCK market. I own a 2006 Ford Five Hundred with 50K miles-I was offered in the supermarket parking lot $12,000 (or their 2022 Ford SUX) in green folding money for it, and I said "No way." To replace (size wise) it is a Dodge Daytona or Chrysler 300 for $86,000-up or a Lexus TL370 for $92,000+. No "SU(V)X" for me. All the U-toob bargains have dead engines and transaxles or worse today, BAD ELECTRONICS. Ain't no fences in Wheat Country Okie-Land no-more. A 13 year-old girl can't know where to plow or plant without GPS and internal inertial navigation. Just got back from crow-hunting out there. Seeing a 12 year-old driving a $3,300,000 combine and her 13,14,15,16 year-old brothers driving 40ton semi-grain trucks is a thing...
Seems like the auctioneer didnt work very hard for the seller? By me they would have pulled the loaders and buckets and sold them seperate.
Wow! They will sell hay spears or something like that separate but almost always the loader stays on tractor with bucket
It's hit or miss. Most the guys buying to flip spending high dollar haven't moved here stock but that's good for guy that's trying buy one for small farm most them tractor jockey come up ask me what I'm after now because last year I made them earn them wins lol
Gotta keep em honest lol
That Massey Ferguson sold cheap for sure.
yes it did
Dealers buying all at my local auctions and flipping them on their lot.
That stinks
Not around here it's not. Used tractors are higher than ever and show no signs of dropping any time soon
They're paying more now for say a jd 2950 than they did un the 80s lol 😆 😂 crazy
They were here to for a while.
Maybe less land available. Maybe fear of transition into electric power / possible ban of gas or diesel.
Good possibilities!
The electric grid is about maxed out and a prime target for anyone who doesn't like us. To get higher dividends and executive salaries and bonuses, grid maintenance has been minimal with spares of everything approaching nonexistent (damaged equipment won't be replaced for a LONG time! And where is all that stuff made??). So let's switch to electric cars, trucks, and farm equipment as fast as we can! Folks, this country is painting itself into a corner we may not be able to get out of. Dark Age 2.0 on the horizon. Or is Stone Age 2.0? Enough of the good news!
country short on farm equipment mechanics
time to revive the the old ways before everyone with old ways knowledge is gone
that is true in every craft
They ain't that many people need that big of tractor
I live in hay and cattle country so there are around here.
That's my thoughts. Too many think they need bigger than they do. There was a 1950s dealer video for Allis Chalmers or Farmall that had charts for the different models and the number of acres that could be plowed, disked, planted, cultivated, and it was a surprisingly large number of acres. Sure, it might be more hours in the seat but there are six weeks of corn/bean planting window most places. Maybe you get clever and buy two old tractors with two smaller planters and hire a buddy for a few weeks. I've seen husband and wife following each other plowing with identical 50s tractors and plows.
@@jvin248 that’s cool!
Not where I live they are higher
I hope the crash comes here so I can get one or two
I hear that!
Farmer has more tractors then they need 850000.00 for a combine big corporation farmers dont buy the things you are showing
Big corporate farmers don't buy used machinery, they buy or lease brand new machines and trade them before the manufacturer's warranty runs out. When it breaks they call the dealership to come fix it. Nobody wants a 40+ year old tractor except a hobby farmer with a few acres.
My theory is he wishes the tractor market collapses so he can buy one ! Not going to happen buddy!
The auctioneers aren't very good
J.D tractors overpriced and rubbish company sale policies. If tractors breakdown only J.D can do the repairs, no one else can access their software.
Good Point!
People are buying what they need, not want.
It's tough all around.
Biden says " malarkey " 😅😅
Sir you need to educate yourself on the case tractors that 2090.is five times better than the green piece of shit..seems most have green disease or something..we bought a 2390 new and with Good care and respect it has 15 000 hours now still rolling strong..show me a deer that had that many hours
In my opinion tractor brand loyalty is also regional. Case tractors are basically nonexistent in my area but I don’t live in farm country I live in hay and cattle country shoot there are more White tractors in use around here than Case.
I have 4 deers with 15 plus neighbor has one with 26
Regardless of the brand, that decent care & respect aspect is the key to longevity! Also the blind luck of picking the right year & model... some lemons among the cherries in every color.
@@davidkottman3440 agreed!
That's not bad. That is fantastic news. Maybe now the average homesteader can actually afford a tractor. Maybe bad news for the greedy A holes that have been taking advantage of people through artificial supply constraints. I hope all markets crash so that I can actually afford some assets in my life.
The auctioneers had to do a terrible job, the case 2090 could have brought that much in salvage