Whether you’re in the mood to sell or buy, it pays to keep an eye on used machinery values. To help our readers do that, we’re starting a new feature in Grainews: our What’s it worth? Segment. We’ll regularly pick a couple of machines and survey auction sale results to help you track market values. Hopefully, some of the machines we highlight will be those you’ve had your eye on — or want to sell.
This time we’re focusing on two John Deere tractors: the late-model 9630 and much older and smaller 4440. Together these machines appeal to a wide range of producers. We used Ritchie Bros. published auction sale prices as our source. And we limited our survey to only those tractors sold in the three Prairie provinces.
Here’s how the results break down.
First, the John Deere 9630. Ritchie Brothers’ online site shows the firm auctioned off five of them in Western Canada in 2014. The average price was $181,000, as shown in Table 1.
To help put those numbers into context we also looked back a year at sales of that model in 2013 to see how prices compare to one year earlier. Although these are relatively small sample sizes (there were only nine sold), the comparisons are interesting, showing the average selling price declined roughly $30,000 between 2013 and 2014. See Table 2 for a closer look at the results for the nine tractors sold in 2013.
If you don’t have a six-figure purchasing budget or you don’t need the kind of horsepower the 9630 offers, maybe Deere’s 4440 better fits your needs. Table 3 shows how that model sold in 2014.
In 2013, the average sale prices were:
2013 average 4440 sale prices:
Without a loader: $17,472
With a loader: $22,800