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
Strong demand for low-hour Bobcat skid steers and late-model John Deere tractors continues to drive robust results across the Midwest.
As inventory thins, well-maintained used units are seeing double-digit price increases compared to last year.
New tractor sales across all segments are down 8.8% in the first three months of 2026, but auction data shows a growing 12.5% price increase for specific late-model used tractors.
Read Next
Diesel prices are just 20 cents from a record high, with multiple states already setting new records. Experts warn relief is uncertain as prices could remain elevated through 2026.
Get News Daily
Get Market Alerts
Get News & Markets App