Compare Tractor Prices BUYERS GUIDE 2020
What to Look for in Tractors
If you’re buying a tractor in 2020 you can expect to pay $8,300 – $75,000. Additional cost of up to $3,000 for attachment may also be needed.
Here’s What You Need To Know:
The reality is that there is a very wide range of tractor types and sizes, and these factors will have a huge effect on the price you can expect to pay. However, a good tractor can serve as an all-purpose tool that is extremely flexible for performing a wide range of outdoor tasks. Attachments of all kinds can be hooked up to allow you to do everything from digging holes to clearing snow.
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The first question you’ll need to answer when shopping for a tractor is “how much power do I need?” The horsepower rating of your tractor will tell you how ready it is to tackle extremely heavy-duty tasks. A small tractor comes in at around 25 hp, and will fall at the low end of the price range. These are small utility tractors useful for maintaining a large yard or garden. At the other end of the spectrum there are the industrial tractors used in commercial farming operations which have engines of 100 horsepower and up. These units can cost well north of $60,000, depending on how many accessories and extra features you require.
Another very important thing to look at is what kinds of attachments and tools are compatible with your tractor. Cross-brand equipment typically works fine together, but there are certain advantages to be had by using equipment from the same manufacturer. Assessing your needs and the available attachments is sometimes a good idea.
Finally, make sure you’re buying a common model that has good support and parts availability. Buying an obscure model tractor that seems like a great deal might be a way to save a few dollars when you first make your purchase. However, the first time something breaks down and you have no viable means of getting your tractor repaired, it will become the kind of decision that haunts you.
What you Can Expect to Pay for Your Tractor:
If you want to keep your cost at $15,000 and under, the tractors you have to choose from will typically be small, open-cab units that are suitable for maintaining smaller properties. If you need to maintain a farm, or if you’re planning on using your tractor in inclement weather and need a cab, then you’re probably going to have to pay $30,000 at the low end of that price range, and $60,000 or more for the top of the line units. Also remember that each attachment such as a bucket, snowplow, or rake will cost you anywhere between $3000 and $6000.
Typical Uses: Lawn & Garden, Compact Utility, Utility Tractors, 4WD, Farm Tractors
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Typical Costs For New Tractors
A standard tractor can sell for under $9,000, while the more powerful farming tractors selling for $75,000. Here’s some averages to keep in ind:
- Mid-size farm tractors with 25hp – 80hp are generally priced from $22,000 to $48,000.
- Bigger tractors that come with 100 hp and 4-wheel drive are a bit more costly, ranging $55,000 to $70,000.
- The most powerful tractors with 150 hp are going to cost at least $72,000 and in some cases will exceed $120,000.
Don’t Forget Cost of Attachments
- A tractor rake a costs just $350 -$600.
- Loader attachments for tractors are priced $2,500 to $4,500.
- Backhoe attachments on tractors cost the most and can run $4,000 – $7,000.