Back in 1989, I was 23 years old and set sail ... on all types of equipment sold at auction. This was actual sale price data that would help folks figure out the real value of a piece of equipment ...
Farm equipment dealers ... the number of zero-to-3-year-old planters sold auction compared the same time two years ago. From someone who has been compiling used-equipment values for 35 years ...
As a rule of thumb, farm equipment brokers charge a 10 percent commission of the total value of the farm equipment that was successfully sold. There are however, exceptions to the rule.