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.
35-Year Old IHC Tractor with 6 Hours
Aug 06, 2013
Could well be the most amazing pair of low hour tractors I’ve ever seen offered for sale at auction:
A 1978 IHC 4186 4WD with 6 hours and a 1980 IHC 4386 4WD with 498 hours. These tractors, plus a 1997 JD 6400 MFWD with 829 hours and a 1997 Ford F350 XL 4x4 pickup with only 59 miles are up for sale on the John Pesik farm estate online auction ending August 20th in Lennon, MI.
Oh yeah, also a 2008 GMC 1500 Sierra with a whopping 4,138 miles on it. Here are some pics:
1978 IHC 4186 tractor with only 6 hours
1980 IHC 4386 tractor with 498 hours
1997 Ford F350 XL 4x4 pickup with only 59 miles
"There’s no explanation for it, that’s just how dad was."
That’s what auctioneer Tom Lotter of Lotter Auction Service in Michigan told me the kids of John Pesik told him about their dad’s absolutely amazingly low hour tractors and pickups. "He just bought stuff and then didn’t use it," said Lotter. Lotter said all the equipment was shedded over the years. "John worked in a shop and farmed on the side. His wife ran the equipment."
"When his wife Anna died in 1988 John just kind of lost interest, quit farming and rented their ground out, but he continued to buy things he wanted. He just didn’t use them."
The auction will be an online only auction at www.auctioneersnow.com ending August 20th at 7PM EST. On site auction preview days will be Saturday August 17th and Monday August 19th from 10AM – 5PM EST.
How high will these super low hours IHC tractors and Ford F350 XL pickup go? Stay tuned...I'll post auction sale prices after the August 20th sale.