The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Learn how to better manage your machinery investments from Greg Peterson, a.k.a. "Machinery Pete." He's been researching and analyzing the machinery market for more than 26 years. Let Machinery Pete help you find and value your next piece of farm equipment at MachineryPete.com.
Over 2,500.
That's how many John Deere 4020 tractor auction sale prices I've compiled over the past 29 years. So kind of a big deal when a new record high auction sale price is set on 4020's. Well, that's exactly what happened Saturday (November 10, 2018) on Mecum Gone Farmin' collector auction in Davenport, IA (http://www.mecum.com).
The 1970 John Deere 4020 Gas FWD Standard pictured below, restored in 2017, sold for $58,800 after the 5% commission rate was added in.
Here's a look at the new Top 10 highest auction sale prices on John Deere 4020 tractors:
Highest Auction Prices on John Deere 4020 Tractors
* Data by http://www.MachineryPete.com
That wasn't the only auction sale price record broken Saturday on this Mecum Gone Farmin' auction. The rare 1977 John Deere 4230 open station low profile power shift diesel, 1 of only 51 built, sold for $50,400 with the 5% commission fee added in. Here's a picture...wow, what a beauty!
Highest Auction Prices on John Deere 4230 Tractors
* Data by http://www.MachineryPete.com