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Should I Sell My Antique Tractors?

Monday, June 22nd, 2020
heavy equipment auction

If you have a collection of antique tractors, you may wonder if you should sell them and when the right time is to do this. Whether or not you decide to sell depends on many factors, including timing. If you find yourself in this situation, the following may help you answer these questions.

What is the “correct” timing?

The best way to determine when to sell is to look at the current market for your antique tractors. For example, machines that helped modernize farming typically go for steady prices. You may not see them fall or rise in price too much. It may help to look for markets where your tractors will be more popular if researching prices doesn’t give you enough information.

What IS trending right now?

To give you a general idea of what is trending in the antique tractor world, you can look at what the older generations once used on their farms. Machines that have nostalgic value will go for more at auction. Things from the seventies or older that were made with over 100 horsepower are popular. Many pieces of this equipment can still be found in working order. This means that they have functional value as well.

Things to keep in mind before auctioning your tractors

If you think you may have some tractors that are worth selling at auction, there are some things you should keep in mind. Knowing these tips can help you be more successful at the event.

  1. See if you have documentation for your tractor. This is especially helpful for antiques because it gives them a history. If you have original purchase papers or maintenance documents, these can intrigue bidders. You can also include pictures of the tractor in use if you have any.
  2. Consider the shape your tractors are in. Whether they are still in use or simple collector’s pieces, the better they are, the more they will sell for at auction.
  3. Consider getting your tractors appraised by a professional. This will help you get a good idea of a starting value. You can also look at past auction results and look at online sales.
  4. Find out which type of auction will be best for you. You can contact a local auctioneer to see what they offer and learn more about the different types.

Looking for farm equipment auctions in Texas?

If you are interested in selling your antique tractors or looking to buy antiques, contact us at High Plains Auctioneers. We offer a variety of auctions throughout the year, including live and online antique, estate, and used farm equipment auctions. You can reach us at (806) 244-6776 or Send Us an Email for more information. Don’t forget to check out our Upcoming Auctions too!