VALUES IMPROVE ON LARGE HORSEPOWER TRACTORS
3 Jan 2019
If you are considering selling or buying a late-model, high-horsepower, front-wheel-drive (FWD) tractor, then the marketplace is in a good news/mixed news state of affairs of late.
The good news: Values of high-horsepower FWDs (250 to 400 hp.) are up from the last couple of years. Dealers have sold off the massive tractor inventories that filled their lots since 2014. This, in turn, is pushing up asking prices (5% to 15% overall compared with 2017 and 2018) for high-horsepower machines, which means your trade-in tractor is worth more.