High demand pushes up second-hand farm kit values
High demand pushes up second-hand farm kit values >More in Second-hand tractor and equipment prices have hit record highs, according to auctioneers across the UK. Prices have been driven up by buoyant demand and a combination of high costs for new equipment and long, off-putting waits for delivery. Bill Pepper, head of machinery at auctioneer Cheffins, reported that prices were so high that the most desirable tractors were no longer depreciating in value. “We have even sold four- to five-year-old tractors for sums above their original price,” Mr Pepper said...
Source: fwi.co.uk
