Despite the struggling farm economy, equipment values are standing their ground ... According to Peterson, machines that are one to three years old with a warranty intact, continue to sell ...

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.

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 ...