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December 03, 2021

What is the Best Cheap Tractor?

Have you been searching for questions like "What is the best mid-size tractor for the money?" or "What is the cheapest tractor you can buy?"

Well, you've come to the right place. We've got you covered when it comes to used tractors for sale; it's been our specialty since 1989!

In general, cheap tractors will be small, have lower horsepower (hp), and have limited attachments. When searching for the best, cheapest tractor, instead, research the size and features that will give you the power you need and the most bang for your buck. Used tractors prices can vary between $1,500 for a small 40 hp tractor to $100,000 for a large 100-174 hp tractor.

Let's talk about the current market prices and how you can search for the best cheap used tractor for sale within your budget. 

What's a Good Price for a Used Tractor?

Tractor prices can be hard to pin down since many used tractors' sizes and conditions vary. Fluctuating market prices should be taken into account as well. With that said, there are some broad ranges to consider that can give you an idea of how much a good used tractor can cost: 

Under 40 Horsepower

There is a wide range of used tractors under 40 hp here on Machinery Pete. We have many options to sort and filter by so you can find the best range of tractors; you can even sort by price! In the 40 hp category, you'll find small garden and lawn tractors from $1,500 to $30,000.

40-99 Horsepower

When looking upwards into the 40-99 hp range, there are also plenty of options. From compact tractors for sale as low as $3,000 up to tractors that have a $60,000+ price tag, there are many options in this category that will meet your needs.

100-174 Horsepower

The 100-174 hp range is a great place to look if you're searching for a larger, more powerful tractor. You can find these types of tractors that range from $8,000 to over $100,000, depending on the age, condition of the tractor, and the specific model. 

175+ Horsepower

The biggest, most expensive tractors are in the 175 hp and up category. Fixer-uppers in this range can be as low as $9,000, but the more field-ready machines can cost nearly $400,000+. 

What is the Most Affordable Tractor?

Defining the most affordable tractor is complicated. The value of a tractor largely depends on various factors, such as make and model, hours of operation, condition, and more. It also depends on the type of tractor you're looking for and what you'll use it for. A small, 40 hp tractor may be low-cost, but it might not be the best investment if you need it to tend a field. 

Since an affordable tractor will depend on a wide range of factors, here are a few variables to consider while you're beginning your search: 

  • The tractor's year, make, and model: The brand you search for affects the cost of a tractor. One make and model could cost more than another. 
  • What horsepower the tractor is: The higher the horsepower, the more expensive the tractor. However, if you need a high horsepower for the job, finding an affordable price within the category you're looking at may be worth it rather than finding a lower horsepower tractor that just can’t handle your needs
  • How many hours has the tractor been used: Tractors with lower hours are more desirable since the tractor likely won't have as much wear and tear compared to a tractor used for many hours. 
  • Desired accessories: Make sure the tractor you're looking at includes the accessories you need. Some accessories cost more than others. 
  • The safety features, such as roll bar, seat belt, or safety switch: If you're looking into older tractors, make sure to consider safety features. Tractors that were man pre-1960 don't always have the safety features of a new tractor that are important when the tractor is in operation. When safety features are present, examine them to make sure they are in good, working condition.
  • The tractor's features: Features such as a closed cab or four-wheel drive are excellent, but they may be more expensive. 

Keep all of these factors in mind when searching for a new-to-you tractor so that your funds can stretch as far as possible. Investing in a cheap tractor without first considering these variables can backfire if you have to fix parts or it doesn't do the job you need it to do. They will help you identify the most affordable tractor considering your needs and price range.

One of the best ways to identify if a tractor is reasonably priced is to research current market prices for comparable tractors at We make searching a breeze with our search functions and filters so you can compare apples to apples quickly and easily. 

Find the Used Tractor Prices Online at

Whether you're looking for an affordable tractor for your farm or a vintage tractor for sale that you can fix up, Machinery Pete has options ready for you to explore. Founded in 1989 by Greg Peterson, Machinery Pete is a trusted name in farm equipment. Check out our inventory to find your perfect used tractor.