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1993 JD 4960 on Ohio sale today: $114,000
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Machinery Pete
Posted 1/24/2013 22:36 (#2847954 - in reply to #2847864)
Subject: RE: 1993 JD 4960 on Ohio sale today: $114,000


I talked tonight with Auction Mgr. Nick Cummins with Schrader Real Estate & Auction. He told me they were hoping mid $80K range, maybe to $90K. He said 2 old guys just beat each other up down the stretch for it. Not family deal though didn't sound like.

One thing I have been seeing/hearing more & more since last part of 2012....older farmers in the market to buy good used tractor and they are actively looking for, and obviously willing to pay premium $$ for, the nice condition OLDER models.....they delayed Tier IV effect?? Just more comfortable with the older models, ++ history with them, etc. And with the price of NEW just continuing to zoom into outer space...I guess easier to pay these record level (or way above record level) sale prices we're seeing all over.

Pete
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