Machinery Pete: Off-Lease Tractor Values on Used Tractors

In early 2015, the trend of leasing tractors took off. Machinery Pete called it “the year of the lease.”

Machinery_Pete
Machinery_Pete
(AgDay)

In early 2015, the trend of leasing tractors took off. Machinery Pete called it “the year of the lease.”

But how has that impacted used tractor values?

Watch Machinery Pete every Monday on AgDay.

AgWeb-Logo crop
Related Stories
Top Story
An online memorial auction on Sept. 4 honors Adam Massman, the 17-year-old quarterback and cattle showman who touched lives from the football field to the showring.
Record prices for older, low-hour tractors highlight strong demand as farmers look for alternatives to the price tag of new machinery.
A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.
Read Next
Record heat, a rare Pacific hurricane triplet, and a wobbly South American monsoon are the latest signs of a historic El Niño, and Nutrien’s Eric Snodgrass says it’s about to squeeze this fall’s harvest window, too.
Get News Daily
Get Market Alerts
Get News & Markets App