Guess just weren't any what you'd call "bargains" on tractors or combine at the Bellwood, NE auction Thursday. How about this one: 1997 Gleaner R62 combine with 1,758 engine hours......$95,500. I'll be posting Youtube video of this R62 as it sold on the auction later today. What I try to do when reporting all this sale price data is give it a frame of reference.....just kind the reality that lately values have been going up. Here's list of (66) Gleaner R62's I've seen sold at auction going back 15 years:
http://www.machinerypete.com/linkofday.asp?stid=1&tpid=2&desc=Combine&all=true
So you can just kind of see how values on nice ones have been going UP. But you are 100% correct, there are definitely pieces of equipment that sell somewhat "soft" on nearly every auction. Yesterday on the Inwood, IA farm auction I covered, a 2005 JD 6220 2WD tractor with only 570 hours (open station) sold for $22,000. Thought it may have gone higher......but then again a JD 230 disk (25.5', black cone blades) sold for $7,100 on yesterday's auction...that's the HIGHEST auction sale price I've ever seen in the U.S. for a JD 230 Disk. Here's link to our Facebook page with a pic and more info on JD 230 Disks: http://www.facebook.com/pages/Machinery-Pete/293067298117?ref=ts
Bargains are out there, but need patienece and also VERY good grasp of current values, which is challenging as "current" values are changing (going UP).
Pete
www.machinerypete.com
