Machinery Hay and Forage What Is the Retained Value of Round Balers? Here are a set of four comparable round baler models of the 2016 model year to compare valuations from the time they were new until now. By David Davidson, Iron Solutions David Davidson, Iron Solutions David Davidson is a product manager at Iron Solutions. Iron Solutions provides market information, analytics-based intelligence, and cloud-based enterprise systems to facilitate equipment transactions and improve dealer and lender productivity. The company's proprietary valuation model is built from a data-driven understanding of how equipment options, specifications, customization, and the economy impact value. Iron Solutions manages more than 20 million data points annually from thousands of retail sources throughout North America. Iron Solutions uses their data to provide analysis articles on equipment trends and pricing for Agriculture.com. Successful Farming's Editorial Guidelines Published on July 17, 2019 Close When you bale, you bale big, right? In the last issue, "Machinery Insider" took an in-depth look at 5×6-foot baling chambers and round bales that can top 2,000 pounds. These are Class 5 round balers, and if you're using one, your forage game is on point. Let's look into retained value when it comes to these big round balers. I've selected a set of four comparable models of the 2016 model year to compare valuations from the time they were new until now. The table below shows the make and model, its price when new, and its used cash value today. The used cash value today is the value retained from its price when new. These values have been normalized by applying typical options, condition, and usage as reflected on the bale meter. Est. Price New Retained Value Spring 2019 % of Value After 3 Years Challenger/Massey 2956 $38,048 $25,039 65.8% John Deere 569 Std. $39,399 $25,205 64.0% Case IH RB56 $42,445 $25,770 60.7% New Holland 560 $38,048 $22,909 60.2% The retained value of the Challenger/Massey Ferguson 2956 outperforms the class and the 2016 New Holland Rollbelt 560 by nearly six percentage points. That's over $2,100 better retained value over the last three years. This data comes from IronGuides, an Iron Solutions product, and it has "Guides" in the name for an important reason. It is a guide on the value of equipment. Different pieces can vary greatly on options alone. These big round balers have a long list of available options that can add over $10,000 to even a used machine's value. For example, take the 2016 Case IH RB 565. If equipped with the hydraulic bale ramp, an ISObus with monitor, and net wrap, it's worth an additional $4,400. See what yours is worth with a free online appraisal from the What's It Worth tool on Agriculture.com or a detailed appraisal at IronAppraiser.com – both are based on the same source data used in this analysis. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Related Articles Round baler inventory and prices fall into predictable patterns Gearing up for hay and forage production Build your own tractor loader extender SimplEbale brings large square baler functions to small balers Moving Iron: The retail vs. auction market Used planter inventory is the highest it’s been since 2017 The new 1 Series round baler from Hesston by Massey Ferguson John Deere launches new connected 1 Series round balers 5 Tips to increase 4WD tractor tire traction How to properly ballast tractor tires in 6 steps New high-capacity Disco mower from Claas Knowing the difference between tractor and sprayer tires Ag equipment sales down across the board in June Develon introduces compact track loader Deere announces new Gator utility vehicles New high-horsepower W260M windrower from John Deere Newsletter Sign Up