“There’s an affinity factor if you grew up around these tractors, but it goes way beyond that,” Greg Peterson, founder of the farm equipment data company Machinery Pete told StarTribune. “These things, they’re basically bulletproof. You can put 15,000 hours on it and if something breaks you can just replace it.”
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The tractors manufactured in the late 1970s and 1980s look and run like modern tractors, but lack the computer components that drive up costs and make repair a nightmare. That’s made them popular at auctions around the American midwest. A Nebraska area auctioneer sold off 27 older model John Deere tractors in 2019. The old work horse tractors are so popular that one with low mileage can sell for tens of thousands of dollars. A 1980 model with 2,147 hours of use sold for $43,500. A 1979 model sold for $61,000.
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