Changing Used Tractor Values
The 2013 John Deere 8285R tractor pictured below, with 980 hours, sold for $166,000 on a central Illinois farm auction this year.
How does that $166,000 sale price stack up? Well, let’s start by looking at the “Avg. Auction Price” the past two years on John Deere 8285R Tractors:
- Avg. Auction Price in 2016: $134,257
- Avg. Auction Price in 2015: $148,274
$166,000 is a very strong hard cash auction sale price, particularly given it had nearly 1,000 hours on it. Auction price data shows $166,000 to be the 7th highest auction sale price the past 2 years. See the list below of the Top 10 highest auction prices on John Deere 8285R Tractors going back to January 1, 2015…but note how many hours each one had:
Highest Auction Prices on John Deere 8285R Tractors Last 2 Years
$166,000 for the 2013 model 8285R sold Thursday on the farm auction in central Illinois with almost 1,000 hours on it, that is a strong price! Very competitive bidding and slightly stronger auction sale prices on good condition used equipment, even large late model used equipment like this 8285R tractor.
With used tractor prices increasing, it’s a good time to focus on refreshing the parts on your current machinery. Take a look on tractor-part.com for used parts to give your equipment a makeover whether you plan to sell it or to continue to use it for years to come.
Auction price data sourced from Machinery Pete.