The end of 2022 was buzzing with a staggering 843 farm equipment auctions listed with Tractor Zoom and over 26,000 lots advertised.
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ANALYSIS, AUCTION PRICES
The end of 2022 was buzzing with a staggering 843 farm equipment auctions listed with Tractor Zoom and over 26,000 lots advertised.
Here we’ll dig into the top auction sales in several equipment categories for the month of December and look at what values have increased and decreased for both auction and retail markets.
The top tractor sale for the month goes to DPA Auctions with the sale of a 6-hour John Deere 9RX 540, posting a final sale price of $630,000. As a brand-new machine, the six hours were accumulated only from factory testing.
Specs for the 2022 John Deere 9RX 540 include:
The tractor market remained strong in the month of December. According to Tractor Zoom data, the average auction value for all 300+ HP tractors was over $176,000 and over $284,000 on dealer lots.
In December 2021, 300+ HP tractors with 1,000-2,000 hours were valued around $327,000 at dealerships and $231,000 at auction. In December 2022, that gap tightened and the values increased to nearly $345,000 at dealerships and over $304,000 at auction.
Browse available 300+ HP John Deere tractors for sale on Tractor Zoom.
Another brand-new machine took the top sale price in December for Class 6 combines. This zero-hour 2022 Case IH 6150 has the following specs:
The auction market for combines with 0-500 machine hours have held onto strong prices. In 2021, this segment of machinery was valued at around $334,000 and increased to over $345,000 in 2022. At dealerships, combines with 0-500 hours in 2021 were valued at around $455,000 and in 2022, that number jumped to nearly $500,000.
This fall, we’ve seen the value of combines with 1,000-2,000 machine hours decrease slightly at dealerships. In December 2021, the value was $180,000, but this year, due to a return of supply and market uncertainty, the value decreased to about $173,000.
Browse available combines for sale on Tractor Zoom.
This is the highest-selling Kinze planter at auction we’ve ever had on our Tractor Zoom site. Specs for this 4705, which was bought new in 2021, include:
As you prepare for spring fieldwork and take stock of your equipment needs, check out other available Kinze planters for sale on Tractor Zoom.
Specs for this 2019 Caterpillar 420F2 IT include:
Only six backhoe loaders with operation hours between 100-110 were listed on auction in December with an average price of $58,575.
While Tractor Zoom primarily focuses on farm machinery, we also advertise a variety of construction equipment sold at auctions and dealerships around the country. Browse our full selection of construction equipment for sale.
Two fan-favorite 1985 Allis-Chalmers were featured in a Tractor Zoom #twofortuesday on social. Allis-Chalmers only built 412 of these tractors and this first machine was sold out of a personal collection.
Specs for this Allis-Chalmers 4W-305 include:
This tractor was recently sandblasted and repainted with PPG automotive single stage paint. This model of tractor is becoming harder to find and is highly desirable, especially in this type of condition.
The second Allis-Chalmers 4W-305 sold for slightly higher and features the following specs:
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The Price Prediction feature utilizes our extensive database of equipment auction data, including equipment hours, condition, age, make, model and size category, as well as measures of inflation and machine-learning technology to predict the sale price of farm equipment with a high degree of accuracy.