Auction Latest Report from Machinery Pete

Auctionguyyy

Junior Member
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Machinery Pete here folks, time for an email update report. Used equipment values have remained STRONG as 2011 turned the page into 2012. Here are a few observations & notes from the past week:

[video=youtube;zkousFcAP_Y]http://www.youtube.com/watch?v=zkousFcAP_Y[/video]

? CASEIH 8920 TRACTOR SOLD FOR RECORD PRICE: a 1997 CaseIH 8920 MFWD tractor with 1,641 ?1 owner? hours (never outside in winter, only used on tillage & chopping) sold for $96,000 on a farm auction in west-central Wisconsin (Fountain City, WI) last Monday, Feb. 20, 2012. This blew past the former record high auction price on a CaseIH 8920 set just 2 months ago, on a 12/3/11 farm auction in northwest Illinois, where a 1997 model with 1,582 hours in ?like new? condition sold for $88,000. That beat the prior record price of $79,000 set on a 4/14/11 farm auction in southeast North Dakota (1998 model with 2,510 hours). Prior to that April 2011 auction I?d only seen (1) 8920 ever sell for more than $70K?$71,000 on a 9/11/10 farm auction in west-central Iowa (1998 model with 1,769 hours). If you get a chance, go into our ?auction results? database on do a search on CaseIH 8920 Tractors and go back and see what they were selling for back from 2000-2005?mostly in the mid $40K range when they were only 3-7 years old with under 2,000 hours? so as amazing as it is, the value of very nice CaseIH 8920 Tractors has literally DOUBLED since then. Wow.

OTHER SALE PRICES FROM 2/20/12 WEST-CENTRAL WISCONSIN FARM AUCTION
* Case 970 tractor: $8,000
* Case 1175 tractor: $8,400
* JD 1750 4R planter, dry fert., Like New: $14,000
* JD 714 9-shank soil saver (DISC CHISELS): $8,500
* 1986 GMC 7000 truck, 16? steel grain box, 99K miles: $7,500
* JD 215 13? disk: $5,800 (RECORD HIGH PRICE)
* Balzer 1200 stalk chopper, Like New: $5,900
* NI 3739 manure spreader: $8,500
* Miller 4-row cultivator: $1,700 (RECORD HIGH PRICE)
* IHC 720 4 btm sidehill plow: $2,700

USED HAY EQUIPMENT VALUES STRONGER IN TEXAS
(2) large machinery auctions from northeast Texas Friday & Saturday provided some very interesting sale prices on used HAY EQUIPMENT. Saturday (Feb. 25, 2012) on a farm auction near Grand Saline, TX, a JD 702 10-wheel rake sold for a new record high auction price of $3,500. Previous high auction price I?d seen was $3,200. On a large consignment auction Friday (Feb. 24, 2012) in northeast Texas near Sherman, TX, a pair of JD 468 round balers with 8,122 & 11,566 bales sold for $19,500 & $20,250?very strong sale prices given how many bales they?ve done.

MORE SALE PRICES FROM 2/25/12 NORTHEAST TEXAS FARM AUCTION
* Adams 5 Ton SS bulk fertilizer spreader: $6,700
* 2006 Big Tex 32?x6.5? GN livestock trailer, 3 axles: $8,750
* Ag Rain 37A 1,100? hose reel & big gun sprinkler attachment: $17,500 (IRRIGATION EQUIP.)
* Cummins 4 cyl. Diesel irrigation engine: $7,000 (IRRIGATION EQUIP.)
* 1989 Ford TW-25 Series II 2WD tractor: $16,000
* 1995 Ford-NH 8970 MFWD tractor with 4,917 hours: $46,000
* JD 7520 MFWD tractor with 3,946 hours: $55,500
* CaseIH 3900 30? disk: $7,000

FEB. 24, 2012 CONSIGNMENT AUCTION: NORTHEAST TEXAS
* JD MX8 8? rotary mower: $4,000
* Krone 323 disc mower: $6,000
* JD 348 square baler, wire tie: $10,000
* JD 705 twin rake: $9,500
* 2010 Vermeer 5410 Rebel round baler, net wrap, 797 bales: $13,000
* Kuhn GMD 902 disc mower: $8,500
* 2009 NH 488 haybine: $9,750 (RECORD HIGH PRICE)
* 2005 Kubota M105X MFWD Tractor, 957 hours, 90 HP, Kubota Loader: $36,000
* 1981 JD 4440 Tractor, 9,993 hours, PS: $17,500
* 1994 JD 6300 2WD Tractor, 5,124 hours, 75 HP, JD 620 Loader: $23,000
* 2006 CaseIH JX95 MFWD Tractor, 668 hours, 80 HP, Bush Hog Loader: $31,500
* Branson 6530 MFWD Tractor, 1,095 hours, 57 HP, Branson Loader: $17,400

FEB. 22, 2012 FARM AUCTION: WEST-CENTRAL NEW YORK
* 2008 JD 8330 MFWD Tractor, 1,102 hours: $157,000 (RECORD HIGH PRICE)
* 2009 JD 9230 4WD Tractor, 831 hours: $197,000
* Degelman 7900 16? 6-way front dozer blade off 4WD Tractor: $29,000
* 2005 JD 7720 MFWD Tractor, 1,707 hours, JD 746 Loader: $93,000
* 2008 JD 7830 MFWD Tractor, 1,085 hours: $117,000
* 2006 JD 7520 MFWD Tractor, 2,844 hours: $67,000
* 2008 JD 6430 2WD Tractor, 699 hours: $45,000
* 2009 JD 7350 4WD Forage Chopper, 2 heads, 375 hours: $197,000
* 2007 Krone Big M II 4WD discbine, 652 hours, 32? cut: $125,000
* 2009 JD 1770 12-row Planter: $87,000

FEB. 21, 2012 ONLINE DEALER AUCTION: WEST-CENTRAL MINNESOTA (IQBID.COM)
* 2008 JD 9870 STS Combine, 798 sep. hours: $192,005
* 2010 JD 9770 STS Combine, 800 sep. hours: $182,000
* 2010 JD 9770 STS Combine, 784 sep. hours: $186,000
* 2005 JD 9760 STS Combine, 2,194 sep. hours: $101,000
* 2010 JD 8225R Tractor, 690 hours: $153,000
* 2009 JD 8345R Tractor, 1,092 hours: $198,500
* 2010 JD 9630 4WD Tractor, 1,151 hours: $217,000
* 2009 JD 9630T track Tractor, 2,019 hours, 36? tracks: $220,000

FEB. 24, 2012 FARM AUCTION: NORTHEAST KANSAS
* 1996 Caterpillar 45 Tractor, 4,223 hours, 30? tracks: $32,000
* 1992 Gleaner R52 Combine, 2,636 engine hours: $16,000
* Gleaner 20? flex head: $3,500
* 1960 Caterpillar D6B Dozer with 35 Ton winch: $6,500
* Clark DRT30 Forklift, 12? mast, side shift: $6,700 (CONSTRUCTION EQUIP.)
* 2004 Case 60XT Skid Steer, 1,207 hours: $10,500

FEB. 25, 2012 CONSIGNMENT AUCTION: EAST-CENTRAL INDIANA
* 2011 CaseIH 5088 Combine, 225 engine hours: $164,000
* 2009 CaseIH 2020 25? grain head: $15,000
* 2008 CaseIH 180 Puma 2WD Tractor, 574 hours: $66,500
* 2010 CaseIH 105U MFWD Tractor, 290 hours, CaseIH L740 Loader: $49,000
* JD 7000 4-row Planter, liquid fert: $3,700
* Balzer 4200 Magnum tanker manure spreader: $20,000

FEB. 25, 2012 FARM AUCTION: EAST-CENTRAL IOWA
* 2002 CaseIH 2366 Combine, 1,331 engine hours: $113,000
* (2) Brent 544 Gravity Wagons: $13,000 each
* 2008 NH BR7090 round baler, net wrap & twine: $20,000 (seller hoping for $15K!)
* Knight 3130 feed wagon: $16,000
* 2009 Polaris Sportsman ATV, 4WD: $7,600
* 2000 Dodge 2500 pickup, 190K miles, 4WD iffy: $5,500
* IHC 806 Tractor, rough: $5,800
* Krause 25 Disk: $5,600

MACHINERY PETE: EMERGING TREND ? 100 HP USED TRACTOR VALUES RISING
Check out these recent examples of VERY HIGH auction prices on 90-100 HP Tractors:
* 1983 JD 4050 2WD Tractor, 3,975 hours: $44,000 on 1/14/12 west-central IA sale
* 1996 CaseIH 5240 2WD Tractor, 2,983 hours: $35,000 on 2/14/12 west-central NE sale
* 1991 JD 2955 2WD Tractor, 7,500 hours: $16,000 on 1/28/12 southeast VA sale

That is a new record high auction price on the JD 4050?and it was just a 2WD model. Ditto for the CaseIH 5240, tied the record high auction price for a 2WD 5240.

LOTS more auction sale price data rolling in every day and we?ll keep funneling it right into our ?auction results? database for you. Looks like quite a few very nice farm machinery auctions coming in March, should be interesting. Be sure to check out our Machinery Pete Youtube Channel and Facebook page also, here are the links:

YOUTUBE: http://www.youtube.com/user/machinerypete
FACEBOOK: http://www.facebook.com/pages/Machinery-Pete/293067298117

Pete
Machinery Pete
800-381-0423
Fax: 507-281-2730
www.machinerypete.com

P.S. Here?s link to Youtube video I posted recently on how keeping meticulous records can & does greatly enhance used equipment value: http://www.youtube.com/watch?v=zkousFcAP_Y
 
 
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