Used equipment pricing is continuing on its downward trend. According to the latest Dealer Sentiments Report, dealers reported used equipment pricing was down 2% year-over-year in August.

Combine pricing is down 5% year-over-year, and according to the report has been hovering between down 4% and down 7% all year. Row-crop tractor pricing is down 3%.

Iron Solutions’ latest Used Equipment Trends report shows track row-crop tractors continuing on a steep decline. The 12-month moving average is at its lowest point since the third quarter of 2021, the report says.

Iron Solutions reports that ”These machines are among the most expensive to purchase and maintain within the row crop category, and their price tags seem to be pushing buyers away, further compounding the downward trend. Dealers are stuck with machines that are difficult to move without steep discounts.”

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