Why is the price of used tractors manufactured 40 years ago soaring?
Tractors capable of towing a variety of agricultural machinery and cargo are indispensable vehicles for American farmers with vast farmland. Among such tractors, old models produced in the 1970s and 1980s have been trading at high prices in the US used tractor market in recent years. StarTribune, an international news media, explains why the popularity of old tractors, 40 years ago, has risen sharply.
For tech-weary Midwest farmers, 40-year-old tractors now a hot commodity-StarTribune.com
Deer & Company 's John Deere 4440 and John Deere 4640 , manufactured between 1978 and 1982, are the most popular tractors in agricultural auctions in the Midwestern United States. For example, the John Deere 4440 made in 1980, which has low uptime and good conditions, was priced at $ 43,500 at an auction held in April 2019. The 1979 John Deere 4640, which had very little uptime, was sold for $ 61,000 at an agricultural auction in Minnesota in August 2019. The successful bid price of over 6 million yen is quite cheap considering that the purchase cost of the latest tractor exceeds $ 150,000 (about 16 million yen).
The John Deere 4640 auction actually held in Minnesota can be seen in the following movie.
John Deere 4640 Tractor Sold for Record Price Today on Minnesota Farm Auction-YouTube
'An old, well-maintained and well-maintained tractor is a great asset. Even though it is old, it has enough horsepower to do agricultural work,' said Mark Stock, co-founder of a used farm equipment dealer BigIron Auctions . Even if you get it for $ 61,000, it's a bargain compared to buying a modern tractor with the same horsepower. '
Another big attraction of old tractors is that `` no complicated repair techniques are needed, '' said Stock, saying, `` In farmers, broken tractors can be repaired on-the-fly, or car maintenance in the neighborhood. Most of the time, we will ask for repairs from a specialist, but to repair a modern tractor with an advanced electronic control system, it will be necessary to repair the computer using a manufacturer. ' .
Agricultural land in corn and wheat 2000 acres spread to Minnesota Northwest (about 8.1km 2), Chris Forando said to grow soybeans, even if a John Deere 4440 tractor manufactured in 1979 to 2020 Note We continue using.
However, Mr. Forland's John Deere 4440 costs $ 18,000 (about 2 million yen), and even if the motor or transmission breaks down, the maximum is $ 15,000 (about 1.6 million yen) to $ 20,000 ( Repair is possible at about 2.2 million yen). 'John Deere 4440 has a simple structure that can be easily repaired on its own, and can be operated much cheaper than buying the latest model,' said Forland.
According to StarTribune, tractors produced in the 1980s and tractors produced in the 2000s have differences in the presence or absence of software control, but there is not much difference in performance and what can be done. Older tractor diesel engines have the problem of emitting more carbon dioxide than their current counterparts, but Folland says, `` Using biodiesel fuel produced from farm soy can reduce carbon dioxide emissions, Engine life can be extended. '
`` Despite using farm equipment 40 years ago, corn yields on his farm were above the Minnesota average in 2019, '' said Forland, `` the main reason we use tractors. Is to make money, we use old tractors to reduce harvest costs and increase profitability. '