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.


If you'd like to receive new episodes as they're published, please subscribe to the Machinery Pete Podcast in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.

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Machinery Pete PodcastBy Machinery Pete

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