Why Now is the Best Time to Sell Used Equipment

For years, Greg Peterson of Machinery Pete has said early November is the best time to sell, and he has proof with near-record high prices of used equipment sales.

By Ashley Davenport

•

November 17, 2020 05:43 PM

For years, Greg Peterson of Machinery Pete has said early November is the best time to sell, and he has proof with near-record high prices of used equipment sales.

Hear what these auction prices are on the video above. Watch Machinery Pete Mondays on AgDay.

Archived Content Machinery Pete

Related Stories

Machinery Pete Pick of the Week 2026-09-21_2025 John Deere 9RX 710

Pete’s Pick of the Week

Pete’s Pick of the Week: 2025 John Deere 9RX 710 Sells for $626,350

While late-model horsepower commanded top dollar, hidden gems turned heads — including the first-ever 1984 Case 2394 built and a 1999 Chevy pickup that fetched nearly $24,000.

September 21, 2026 02:38 PM

Eduardo Morales

Pete’s Pick of the Week

Pete’s Pick of the Week: 30-Year-Old John Deere Combine Sells for $90K

A Pennsylvania dispersal saw record bids on high-hour iron, while standout sales across Texas and Ontario prove buyer demand remains sky-high for clean, well-maintained used equipment.

September 15, 2026 12:45 PM

Eduardo Morales

Machinery

Used Equipment Auction Prices Shatter Records as Market Surges

1980 John Deere 4440 tractor sells for $155,000, nearly double the previous record auction price, as tight supply and farmer optimism fuel aggressive bidding through year-end.

September 10, 2026 01:56 PM

Eduardo Morales

Read Next

News

Storms, Disease and $6 Diesel Squeeze Illinois Farmer’s Harvest

After a growing season with multiple windstorms, tornadoes and 15" to 20" more rain than normal, Cody White in Maroa, Illinois is seeing corn bushels 25-30 bushels lower than last year.

September 30, 2026 03:37 PM

Haley Bickelhaupt