What Is a Reasonable Price for a New Tractor?

As of 2015, new tractors generally cost between $10,000 and $150,000, depending on the size and standard features of the tractor. Compact and midsize tractors are generally the least expensive models, while larger tractors with 100 to 150 horsepower are usually the most expensive.

In addition, many individuals who buy tractors require additional features that increase the price by several thousands of dollars. For example, on tractors that do not come with standard four-wheel drive, adding it to the final model usually costs around $5,000. Tractor attachments such as rakes and backhoes are rarely standard features and usually cost between a few hundred and a few thousand additional dollars.