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.
JD 4010 Tractor Sold for $18,900 on South Dakota Auction Saturday
Apr 28, 2014
"Originalness"...is that a word? I don't know. I just know that "originalness" is a very valuable characteristic when it comes to used tractor values. Case in point, the John Deere 4010 diesel tractor with 8,143 hours (pictured above) that sold for $18,900 on a farm retirement auction Saturday (April 26, 2014) near Huron, SD.
The 4010 tractor actually sold for $17,000, but the fenders, 3pt. arms and weights brought an extra $1,900...so $18,900 together. I've seen 501 John Deere 4010's sold at auction the past 18+ years and only (2) have sold for more money. One 4010 on the annual Polk Auction Labor Day collector auction in northeast Indiana on 9/4/10 for $20,000 and a rare restored 4010 diesel "High Crop" also for $20,000 on a sale in south-central Iowa back on 7/30/05.
This was a farm retirement auction for Bob Glanzer. The day prior to the auction, on our Machinery Pete Facebook page (www.facebook.com/machinerypete) I had post about the nice John Deere 9400 combine for sale. In the post thread a neighber, Kirk M., had this comment about Bob and the auction:
"Exceptional equipment, Bob takes pride in everything he owns, it will show in the auction results."
The "originalness" factor is so key, isn't it? Locals know Bob, know how very well he cared for his equipment over the years. So that John Deere 4010....$18,900. Bob's main tractor on the sale was a nice John Deere 4555 MFWD with 9,555 hours. Not super low hours, but very solid tractor. Here's a Youtube video Meyer Auction Service shot for us showing this tractor sell on Saturday's auction for $47,500:
Here are a few other sale price highlights from Saturday's Huron, SD farm retirement auction for Bob Glanzer:
1993 John Deere 9400 combine with 3,500 engine hours: $36,000
Case 595 manure spreader: $6,750
Wildcat 8600A snow blower: $7,600
Brent 740 gravity wagon with roll tarp: $8,900
Antique belt-driven drill press: $6,100
Scotchmen 4014-CM Iron Work, like new: $9,300