Machinery Pete Podcast

40-Year-Old Tractors with Low Hours are Red Hot


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Tag along with Machinery Pete to three farm auctions in 2019 on which 40-year-old tractors with low hours sold for record or near-record prices, continuing a trend Pete has been documenting for many years.

  • [:53] – Machinery Pete teases his favorite auctions of 2019
  • [3:23] - What makes the John Deere 40 Series tractors so valuable
  • [5:21] - Audio from farm auction in Crescent, IA on 12/7/19
  • [8:48] - Machinery Pete recaps how the 4840 goes for a record price at the Crescent auction
  • [10:43] - Audio from Bingham Lake, MN auction where a 4640 sold for a high price
  • [18:36] - Machinery Pete offers perspective on how interest in 4640s has grown over the years 
  • [22:00] - Audio from estate sale in Lake City, MN
  • [26:29] - More on average prices of 40 Series tractors and compiling data over the years
  • [31:10] - Final words from Machinery Pete

Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.


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