Auction Results

[ccatfish]

Attended an auction this weekend where a farmer was selling off all of his equipment. Thought some of you might be interested in the sale prices. All amounts are approx.

1. JD 4040 - cab, 4wd but get this, it wasn't MFWD but hydraulic assisted on the front wheels. supposedly a 90 hp that i suspect had 2000+ hours. looked 15-18 years old but hard to tell because of new paint and i don't know my model numbers too well> $18k
2. MF 240 - had the original paint, but it was green! looked 15-20 years old, 1900 hours > $5100.
3. NH TC33 - hst, loader, 59 hours > $16,250
4. MF 285 - i think this is the one with 4000 hours and it sold for $8k
5. Befco 60" tiller looked 10 years old, had a broken shaft and looked like it had been dragged down a concrete road for a few miles: $450
6. Kubota - didn't get the model#, but looked like 30-35 hp; loader and backhoe; 400 hours > $22k
7. Allis Chalmer road grader looked 30 years but except for the tires, looked in decent condition > $6200
8. '99 F350 Dually, Diesel, Lariat w/75k miles > $23k
9. 2000 Ram 3500 diesel with 19k miles, 4wd and western hauler bed > $25k

I love these ag auctions. Learn a lot from the farmers I meet there. Didn't buy a thing. The two trailers I was looking at sold within 20-30% of retail even though they clearly had a lot of mileage. That road grader had me thinking hard, I was just having a difficult time thinking of justification to the boss. The thing was huge.

 

[Caretaker]

Ccatfish,

Thanks for your info - anything about what something might sell for is always interesting news...

I've attended a few auctions here and there, and fortunately haven't been bitten too bad! /w3tcompact/icons/blush.gif

I finally figured out that auctions can really be worthwhile, IF YOU KNOW WHAT YOU ARE BIDDING ON !

By that I simply mean knowing what it is, what a new one costs, what used one's can typically be had for, that sort of thing.

Often times folks get to bidding against each other, and before you know it, the price is right up there in retail heaven - or at least in "street price" range. ESPECIALLY after you add in the auctioneer's commission to the buyer./w3tcompact/icons/frown.gif
I've found it VERY beneficial to set a maximum bid price - and stick to it !

thanks again, and happy tractoring!