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Comparing 20-year-old combine values vs. 10-year-old machines

Agriculture.com Staff 08/16/2006 @ 3:30pm

How much less is a 20-year-old combine compared to a 10- or 15-year-old machine?

Last Friday, on a nice farm auction in north-central Iowa, a 1987 JD 7720 Titan II combine, with 2,606 hours, sold for $27,500.

I've only seen two 7720 IIs sell for more money at auction so far in 2006. One comes with an asterisk, as the 1988 model 7720 II with 2,440 hours sold for $28,000 in west-central Manitoba. Those are Canadian dollars, so they'd convert to slightly less in U.S. money.

The highest selling 7720 II at auction so far this year came from south-central Kansas back in late April. It had 2,470 hours and sold for $30,750.

So, how much more is a comparable size combine that is a few years newer worth? Surprisingly, not all that much.

Take the following JD 9400 combines for example. The 9400s were made by Deere from 1989 to 1997. A 1994 model 9400 with 2,250 engine hours, in good condition, sold for $34,000 back in March of this year on a sale in southeast South Dakota. Not really all that much more than the 7720 II in Kansas that sold for $30,750, is it?

The highest selling 9400 we've seen so far this year went for $42,100. It sold in north-central Illinois in March. It was a 1995 model in excellent condition and had 1,100 separator hours.

Click here to download a PDF with expanded auction price data on John Deere 7720 II combines.

Click here to download a PDF with expanded auction price data on John Deere 9400 combines.

Click here to download a PDF with expanded auction price data on CaseIH 1640 combines.

Click here to download a PDF with expanded auction price data on CaseIH 2144 combines.

Click here to download a PDF with expanded auction price data on Gleaner R42 combines.

How much less is a 20-year-old combine compared to a 10- or 15-year-old machine?

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