Learn how to better manage your machinery investments from Greg Peterson, a.k.a. "Machinery Pete." He's been researching and analyzing machinery auction prices for more than 20 years.
High Auction Prices on (3) Tractors Sold Wednesday in Canada
Jun 08, 2014
I've been saying this for a while now (3-5 years)...auction prices on good condition used tractors are running "high" north of the border in Canada.
More proof came this past week. First, a farm auction Wedneday near Rosetown, SK, in the west-central region of Saskatchewan. The 1991 Ford-Versatile 846 Designation 6 4WD with 2,894 hours sold for $57,500. That is the 2nd highest auction price I've seen on an 846 in 18+ years. The only higher auction sale price came all the way back on a 10/19/02 farm auction from this same west-central Saskatchewan area ($58,500) for a 1993 model with 2,757 hours. Here are (2) other nice tractors that sold on Wednesday's farm auction in Rosetown, SK:
1986 CaseIH 2394 2WD with 3,990 hours, sold: $26,000 (new record price)
1988 CaseIH 7110 2WD with 4,603 hours, sold: $35,000
This farm auction Wednesday in Rosetown, SK was by my friends at Kramer Auctions, Ltd. (www,kramerauction.com). The next day, Thursday, June 5, 2014, Kramer Auctions had another nice farm auction, this one near Wiseton, SK...in the same west-central area of Saskatchewan. Sold on this sale were a pair of 1983 Massey Ferguson 4800 4WD tractors with 5,000 and 5,300 hours. These tractors were "twin sisters" with consective serial numbers. They sold choice and went for $30,000 each. Here's a pic: