Auction Tractor Find Has Only 3.6 Hours
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Brendan Kramer, Territory Manager for Ritchie Bros., managed one of the most interesting auctions he’s ever been a part of when he sold a 1992 Deere 4760 with only 3.6 hrs. on it. The tractor was part of a Ritchie Bros. online auction for the estate of Danny Spence, a Saskatchewan farmer. It was held the end of October last year. The $80,000 when new tractor sold for a record $260,000 (all prices Canadian).
“You don’t see a tractor of this vintage with hours this low,” says Kramer. “Knowing the original owner, I could understand how a tractor like this could get tucked away in the shed and never be used, but I was still shocked that it only had 3.6 hrs. on it.
“When I climbed up and opened the cab, it smelled like a brand-new tractor sitting in the showroom,” adds Kramer. “The original shipping tags were still on the tires, the original dealer stock tag still on the cab step. I thought to myself, this is going to be fun to sell!”
Kramer didn’t log how many calls or emails the auction company received. However, it attracted more than 5,500 bidders from Canada, the U.S., the U.K., Australia and New Zealand.
“The number of people who came to look at it was staggering,” he says. “I would love to know how many would have attended a live auction.”
The “new” old tractor wasn’t the only thing that captured interest in the auction. It included more than 1,500 lots and bidding ran for 5 days.
The tractor wasn’t the only low-hour, nearly new item. “There was a 1996 Polaris snowmobile with only 0.9 kilometers on it that sold for $9,750,” says Kramer. “A 2016 Polaris 4-wheeler with 2.6 hours and 41 kilometers on it sold for $9,500.”
There were other tractors with low hours, as well as a 1994 Kenworth semi that had been purchased new and seen very little use. It had 53,500 kilometers on it and sold for $78,000.
“A 1992 Ford F XLT dually had only 3,400 kilometers on it and brought 20 grand,” says Kramer. “Like the tractor, it still smelled like new.”
Kramer says he has worked one other large auction with low hour equipment. Like Mr. Spence, the owners were bachelor farmers.
Contact: FARM SHOW Followup, Brendan Kramer, P.O. Box 1807, North Battleford, Sask. Canada S9A 3W8 (ph 639 397-0013 or 306 441-6519; bkramer@ritchiebros.com; www.rbauction.com).
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Auction Tractor Find Has Only 3 6 Hours MISCELLANEOUS EQUIPMENT Miscellaneous Brendan Kramer Territory Manager for Ritchie Bros managed one of the most interesting auctions he’s ever been a part of when he sold a 1992 Deere 4760 with only 3 6 hrs on it The tractor was part of a Ritchie Bros online auction for the estate of Danny Spence a Saskatchewan farmer It was held the end of October last year The $80 000 when new tractor sold for a record $260 000 all prices Canadian “You don’t see a tractor of this vintage with hours this low ” says Kramer “Knowing the original owner I could understand how a tractor like this could get tucked away in the shed and never be used but I was still shocked that it only had 3 6 hrs on it “When I climbed up and opened the cab it smelled like a brand-new tractor sitting in the showroom ” adds Kramer “The original shipping tags were still on the tires the original dealer stock tag still on the cab step I thought to myself this is going to be fun to sell!” Kramer didn’t log how many calls or emails the auction company received However it attracted more than 5 500 bidders from Canada the U S the U K Australia and New Zealand “The number of people who came to look at it was staggering ” he says “I would love to know how many would have attended a live auction ” The “new” old tractor wasn’t the only thing that captured interest in the auction It included more than 1 500 lots and bidding ran for 5 days The tractor wasn’t the only low-hour nearly new item “There was a 1996 Polaris snowmobile with only 0 9 kilometers on it that sold for $9 750 ” says Kramer “A 2016 Polaris 4-wheeler with 2 6 hours and 41 kilometers on it sold for $9 500 ” There were other tractors with low hours as well as a 1994 Kenworth semi that had been purchased new and seen very little use It had 53 500 kilometers on it and sold for $78 000 “A 1992 Ford F XLT dually had only 3 400 kilometers on it and brought 20 grand ” says Kramer “Like the tractor it still smelled like new ” Kramer says he has worked one other large auction with low hour equipment Like Mr Spence the owners were bachelor farmers Contact: FARM SHOW Followup Brendan Kramer P O Box 1807 North Battleford Sask Canada S9A 3W8 ph 639 397-0013 or 306 441-6519; bkramer@ritchiebros com; www rbauction com
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