The used tractor market is hot right now, and as Machinery Pete found out, some are even bringing in record-setting profits.
Pete found the used tractor supply is rising but prices are still very strong. He is noticing the value of pre-emissions tractors is skyrocketing.
Just recently, he found a 1993 John Deere 4960 that sold or $139,000, which was $25,000 over the prior record 11 years ago. With the costs of new tractors rising, he says that continues to drive more buyers to the used market.
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