It’s a question I’ve been asked for 30 years. Back in the early 2000s, pre-internet, we’d stand and watch a sharp, used tractor or combine sell for $200,000. We’d say, “Can these prices ...
That’s also an example of how the hard cash auction market leads the way. Used equipment values can go up or down quite quickly and significantly. They went up from fall 2020 into 2023 by a lot.