JD 9770 STS COMBINE VALUES
Merry Christmas folks! Hope this holiday season is a joyful & peaceful one for you & yours. This morning I got looking at our auction sale price data on Combines, JD 9770 STS's in particular. Here's what our "Calculator" pricing tool shows:
Ave. Auction Price this year: $144,710
Ave. Auction Price last year: $163,784
Ave. Auction Price 2 years ago (2011): $179,724
Ave. Auction Price 3 years ago (2010): $188,379
Ave. Auction Price 4 years ago (2009): $199,200So an 11.6% drop in value here in 2013 vs. auction prices last year. Pretty significant dip there. The previous (3) years the average auction price on JD 9770's fell 8.9%, 4.6% and 5.4%. So the depreciation rate picked up noticeably last year and hopped even higher this year. What's behind this trend?
VIDEO: 1988 JD 4450 TRACTOR SOLD FOR $69,000 ON OHIO AUCTIONA little Christmas treat here for you folks...Youtube video of a sweet 1988 JD 4450 MFWD tractor with 2239 hours selling for the 2ND HIGHEST AUCTION PRICE I've ever seen on a JD 4450, on a Dec. 7th farm auction in Upper Sandusky, OH. This sale was by my friends at United Country - Walton Realty & Auction Co: