what is a john deere 318 tractor worth

John Deere 318 tractor is an iconic machine that many farmers cherish. It is a compact tractor that delivers reliable performance on small to medium-sized farms. The tractor was produced by John Deere Company between 1983 and 1992, during which over 55,000 units were built. This article seeks to explore the worth of a John Deere 318 tractor in today’s market.

Background Information

Before discussing the worth of John Deere 318 tractors, it is essential to understand its features and capabilities. The tractor has a hydrostatic transmission, which allows for smooth forward and reverse movement. It also has an on-board hydraulic system that controls attachments and provides power to its three-point hitch. Moreover, the tractor has a 2-cylinder, 18 horsepower engine that can tow up to 1200 pounds.

Determining the Value of a John Deere 318 Tractor

The worth of a John Deere 318 tractor depends on several factors, including age, condition, location, and its accessories. For instance, a well-maintained tractor that has few hours of usage and no significant defects can command a higher price. Similarly, a tractor located in a region with high demand for farming equipment will fetch more money than a similar one located in a less popular area. Lastly, a John Deere 318 tractor with functional attachments, such as snow blowers and mowers, will likely have a higher value than one without them.

The Average Price of John Deere 318 Tractors

Based on recent data collected from online classifieds and auctions, the median price of a used John Deere 318 tractor ranges between $3,500 and $6,000. However, the price can be higher or lower depending on the factors mentioned above. Newer models with low hours and functional attachments can cost upwards of $10,000. On the other hand, older models that have been extensively used and require repairs may have a lower price.

Conclusion

In summary, the worth of a John Deere 318 tractor varies depending on several factors, including its age, condition, location, and accessories. However, the average price of a used John Deere 318 tractor ranges between $3,500 and $6,000. Farmers who want to purchase a John Deere 318 tractor should inspect it thoroughly and factor in the additional costs of repairs and maintenance before making a buying decision. Overall, the John Deere 318 tractor remains a valuable addition to any farming enterprise, given its reliability, durability, and performance.