Farm Equipment Auction results(Ohio)

So I managed to sneak dad, my 4 year old son, and myself away yesterday morning to attend an auction about 45 min west of us. Farmer retiring with a nice clean line of equipment. This was northwest Ohio by Napoleon. Here are some of the prices and descriptions. I didn't get all of them as there was a lot of familiar faces and talking.

JD 4450 MFWD power shift 4850 hrs t-rail duals(great tires) $42500
JD 4240 2wd quad range 4035 hrs t-rail duals(good tires) $23500
JD 4040 2wd quad range 4800 hrs no duals (good tires) $23500
JD 4020 syncro dash hyd 3670 hrs M&W turbo 148 loader $12000
JD 9400 combine 2900 eng 1900 sep hrs 24.5x32 tires clean $33000
JD 920 flex head steel snouts nice $4250
JD 643 oil bath steel snouts $4700
JD 443 $2700
JD 7240 liquid, vacuum, 6/11 row, clean $19500
JD 960 26' s-tine, double wire basket, nice paint $5500
JD 1010 22' c shank, spike harrow $3600
JD F145 4x16" plow, excellent old paint, coulters $475
JD HX15 couple years old, nice $7400 I believe got side tracked
Landoll 1550 4 leg subsoiler, nice $4300
Tye 15' no till drill, older model but very clean $7500
Brent 670 grain cart, new 30.5x32 Firestones $6600

I missed the wagons, he had 6 very very nice KillBros Wagons, and some of the other things but here is the bigger items.

Must have been some well cared for tractors and equipment. He probably got 70% of his original purchase price back on the larger tractors and may have turned a profit on the original price of the 4020.

The grain cart went cheap for new tires. The tires cost almost what it went for.

How do you have that kind of investment in equipment and hardly use it and make it pay? The newest 4450 is 27 years old. That tractor has averaged less than 179 hours per YEAR or less than 3.5 hours per week. The 4240 even less than that.

I bought a new 4040 Quad Range in 1981. Gave $22,900 for it.

Great deal on the 4020, for the buyer!

I'm guessing tax right off ?

Around here and we are in the same county those hours per year are normal. Boys have a 4850 MFWD that probably gets less than 100 hours a year. most hours is on a 4440 at 120-130 hours per year. It hauls the grain.

Must be the area with inherited land and money. Most new tractors I see average closer to 800 to 1200 hours a year to even justify ownership.

I have a 1988 4850 with 2610 hours and a 1997 8100 with 2325 hours. You put a 16 row planter behind a tractor and it dozen,t take many hours to plant a lot of corn and beans.