what are auction prices doing?

Nick m

Member
Just curious what type of prices people are seeing at auctions. Going to one next week with high hopes of adding a tractor to the mini fleet and got me wondering. Im hoping lower crop prices will help me out for a change. Early 1970's 100hp range is what I'm after and interests me the most.
 
It really depends on your brand and what your looking at. JD and IH will bring higher prices than White or AC. Clean one or two owner equipment is still selling well regardless of brand. Higher hour and rough looking equipment are limit down. Meaning much of it is at salvage yard price. Location is making a big difference too. The Mid west is sell better than the south and plains.

So tell us what your looking at and what condition and then the location an we can be of more help.
 
I recently bought a Case 930 on auction time out of Oklahoma for 3200, basically new tires all the way around, factory cab with all the glass and clean, it is a strong running tractor that has never had a loader on it. Its a buyers market for almost all 2 wheel drive tractors around the country, the highest prices seem to be Iowa, Wisconsin and Minnesota.
 
Prices are varying more at auction sales I've been to this year than ever.I've seen some sky high prices and some sales the tractors have gone really cheap and really its no figuring it.
 
Deere 4320. Recently painted. Good tires. Over 10k hours but well maintained and mechanically good (I know the guy that works on it) in Michigan.
 
Nick that JD 4320 can easily bring $12-15K. They are hot property these days. The collectors are wanting them and the fellows using them for actual farming like them as they where rugged and smooth running.

I watched one sell just a few weeks ago that was much like you described but new paint and rubber an it brought $20,500.
 
Last auction I was at here in MN they went really cheap compared to 5 years ago. An IH Farmall 706 diesel, good rubber, very nice tin, ran good could have used some paint brought 2800. % years ago that would have been a 5-6000 dollar tractor. Same auction they had trouble selling anything that wasn't IH or JD. Heck a very nice low hour 86 series IH 4X4 with an overall great appearance and original paint, 70% rubber only brought 5500. So it depends on the area. Where I'm at it's mostly BTO's, most of the small guys are gone. Collector crowd is thinning out too.

Rick
 

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