Is Now The Time to Buy a Used Combine?

Is Now The Time to Buy a Used Combine or Add Another One to Your Operation?

Combine prices are at historical lows and with inventories high one would argue now is the time.  Currently the market allows a grower or custom operator to purchase a late model combine for a fraction of the price 2 years ago.  With special annual programs from dealers and 1 year lease opportunities offering low per hour charges virtually extinct it’s a great time to look at acquiring that combine you have wanted to add to your operation.

Here is a great option to acquire that combine with no money down up front out of your pocket and put your machine to work for fall harvest.

Ag Equipment Finance’s TRUE ZERO DOWN COMBINE LEASE PROGRAM does not require a down payment and there are no payments for 6 months.  Set up your annual payment after harvest and make your payment between yearend and spring of 2016. Their 5 minute application makes the whole process simple and the transaction can be completed in less the 24 hours with full payment to the dealer or seller of your choice nationwide.

Recently a 2013 JOHN DEERE S670 PRWD sold on Auction for $165,500 in Kentucky. This unit only had 597 separator hours on it. A 2012 John Deere S680 PRWD sold on Auction for $188,250 in North Dakota. This unit only had 601 separator hours on it. These prices are thousands lower than just one year ago. Here is a complete list of combine auction results dated August 26^th, 2015 from Auction Time.

Machinery Pete compared John Deere 9770 STS combines averaged $147,914 at auctions in the first half of 2014, but since June 2014 they averaged $122,973. He highlighted a 21.5 percent drop in value in the third-quarter of 2014. On August 26^th, 2015 a 2008 John Deere 9770 STS with 1777 separator hours sold at auction for $87,500 now that is a huge savings!

With used combine inventory at the highest levels in years and prices at extreme lows now is the time to get that machine at a fraction of the price your would have paid one year ago. Don’t wait contact Ag Equipment Finance today.