Tractor prices: South vs. Midwest
Come along with me, we’re taking a ride to Mississippi. But we’ll have stops in Iowa, Illinois, and Indiana along the way.
This Saturday, January 19, 2012, I will be in Corinth, Mississippi, with the film crew for the Machinery Show on RFD-TV to shoot a large consignment sale put on by Dewitt Auction Co. Lots of tractors on this auction, including a pair of JD 8220s, one with 3,579 hours, the other with 4,703.
Should be interesting to see what they sell for. Here’s a link to the sale bill.
One of the pair of JD 8220 tractors, with 3,579 and 4,703 hours, for sale on a Corinth, Mississippi, consignment auction on Saturday, January 19, 2013
It will also be interesting to see what the 2003 JD 8220 with 1,430 second-owner hours sells for on the same day, this Saturday, January 19, 2013, on a farm retirement auction in Hudson, Iowa. A lot of really clean, well cared for equipment on this auction. Here’s a photo of the John Deere 8220 with 1,430 hours:
2003 John Deere 8220 with 1,430 hours for sale on a Hudson, Iowa, farm retirement auction January 19, 2013.
So now our question is, what are these JD 8220 tractors worth?
Always best to turn to recent comparable ones sold on recent auctions. Last Friday (January 11, 2013) on a super nice farm auction in northwest Indiana, a 2002 JD 8220 with 4,156 hours sold for $115,000. Here’s a photo:
2002 JD 8220 with 4,156 hours that sold for $115,000 on a January 11, 2013, farm auction in northwest Indiana.
Just two weeks earlier, on a December 28, 2012, farm auction in west-central Illinois, a 2004 Model JD 8220 with 2,268 hours sold for $126,000. Here’s how that one looked:
2004 JD 8220 with 2,268 hours sold for $126,000 on a December 28, 2012, farm auction in west-central Illinois.
So is $126,000 the highest auction sale price I’ve ever seen on a JD 8220 tractor? Nope, not quite – it’s the second highest sale price I’ve seen. The highest auction sale price honor goes to a 2003 Model 8220 with only 459 hours sold on a farm estate auction back on December 6, 2011, in northeast Iowa. I was there shooting YouTube video at that sale. You can watch the 8220 sell at the 7:59 mark of the video:
Click on the link below to view the last (46) JD 8220s I’ve seen sell at auction.
- www.Machinerypete.com (1-yr. subscription $69.95; 1-week $10)
- "auction results" 329,047 sale prices on ALL types of equipment. Updated daily
- "upcoming auctions" free searchable list of equipment on upcoming sales
- "dealer equip." free searchable list of equipment for sale by dealers
- "Who Makes it?" searchable database of farm equipment Mfg's
- "Classifieds" free place to list your used equipment for sale
- Machinery Pete blog...see what Pete's yakking about