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

Machinery Pete Warns: Waiting Until Q4 for Used Equipment Could Cost You

Record prices for older, low-hour tractors highlight strong demand as farmers look for alternatives to the price tag of new machinery.

August 28, 2026 03:36 PM

Eduardo Morales

Machinery Pete Pick of the Week 2026-08-25_1992 John Deere 4455

Pete’s Pick of the Week

Machinery Pete: Used Equipment Continues to Set Records as Demand Remains Strong

A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.

August 25, 2026 04:55 PM

Eduardo Morales

Machinery Pete Pick of the Week 2026-08-10_1979 Ford F150 Indy 500 Pace Car Edition

Pete’s Pick of the Week

Pete’s Pick: Pristine Pace Car Truck Commands $35K as IH Tractors Test Record Prices

Trucks headline a diverse Iowa estate auction that also featured a 1981 IH 3288 that sold for $36,000.

August 10, 2026 04:26 PM

Eduardo Morales

Read Next

Top Story

Bidding with Love: Livestock Community Rallies Behind Family of Late Wisconsin Teen

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.

September 03, 2026 10:01 AM

Haley Bickelhaupt