This What’s It Worth? analysis was sent in from Paul H. out of Minnesota.
Paul is considering selling or trading in his planter, a 2013 Early Riser 24-row Case IH 1255.
Before he makes a decision, he wants to know what it’s worth to see what he might expect to receive if he sells at an upcoming auction or as a trade-in at his local dealership.
An analysis of the Tractor Zoom Iron Comps database reports an average auction sale price of $90,690 based on 16 sale results for all Case IH 1255 planters going back to February of 2018. Filtering down to those that are closer in age to Paul’s model, we find that 24-row 1255s that were manufactured in 2013 have an increased average auction value of $98,600 based on five comparable sales.
Paul has been the only owner of his 1255 and has used it to plant roughly 10,000 acres. He knows the used equipment market is hot right now, so he’s hoping the tight supply of 24 row planters with high quality row options could help him catch a premium price for his equipment. For instance, just two months ago a similar 1255 sold for $102,100 at auction in Nebraska!
Reviewing dealership list prices on February 24, 2023, we see the historic average list price of a Case IH 1255 at a dealership is $116,000 based on 40 dealership listings since December 15, 2021. As of this article publishing, Tractor Zoom currently has eight active Case IH 1255s for sale featured on its website with an average list price of $130,000, which is up nearly 4% over the last 90 days.
It’s important to note that the above is not a complete evaluation or valid estimate of Paul’s 1255. Additional information on Paul’s planter, such as drive type, down force, liquid fertilizer, required number of hydraulic hookups, and other options will affect the estimated value.
Sellers looking for an equipment appraisal should work with their bank or local equipment dealer or auctioneer to receive a formal appraisal on their piece of equipment.
Farmers looking to understand and monitor the value of their equipment can build Equipment Lists at Tractor Zoom. Equipment Lists not only help you build an accurate representation of what your equipment inventory looks like and is worth, they also help you prepare the information you need to secure a formal appraisal from a bank or local equipment dealer when it’s time to sell.
For those looking for a Case IH 1255 for sale nearby or other planters for sale, find available makes and models on Tractor Zoom.
If you can’t find the exact year or specs you are currently looking for, save your search on Tractor Zoom to be notified when new equipment matching your needs hits the site. And, once you find a make/model you want to keep track of, be sure to Favorite that equipment so you can be alerted when dealer listing prices change, when bidding opens for the equipment, or when the final auction sale price is posted.
Tractor Zoom is connecting farm equipment sellers and buyers faster than ever before. Finding farm equipment at auction or at a dealership has never been so easy.