Let's Talk Used Tractor Values
January 23, 2017The 2013 John Deere 8285R tractor pictured below, with 980 hours, sold for $166,000 on a central Illinois farm auction Thursday (January 19, 2017).
How does that $166,000 sale price stack up? Well, let’s start by looking at the “Avg. Auction Price” the past two years on John Deere 8285R Tractors:
- Avg. Auction Price in 2016: $134,257
- Avg. Auction Price in 2015: $148,274
I think $166,000 is a very strong hard cash auction sale price, particularly given it had nearly 1,000 hours on it. Our Machinery Pete auction price data shows $166,000 to be the 7th highest auction sale price the past 2 years. See the list below of the Top 10 highest auction prices on John Deere 8285R Tractors going back to January 1, 2015…but note how many Hours each one had:
Highest Auction Prices on John Deere 8285R Tractors Last 2 Years
So again, $166,000 for the 2013 model 8285R sold Thursday on the farm auction in central Illinois with almost 1,000 hours on it…strong price, a continuation of what I saw starting back the first week of November 2016…very competitive bidding and slightly stronger auction sale prices on good condition used equipment, even large late model used equipment like this 8285R tractor.
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