These resources offer a standardized method for determining the approximate market worth of agricultural machinery. They function as a reference guide, providing estimated prices based on factors such as make, model, year, condition, and location. For example, an individual seeking to purchase a used combine could consult this resource to ascertain a reasonable price range based on its specifications.
The significance of these guides lies in their ability to provide transparency and objectivity in the agricultural equipment market. They benefit both buyers and sellers by establishing a baseline for negotiations, reducing the potential for price manipulation, and facilitating fair transactions. Their historical context is rooted in the need for reliable valuation tools in a market where equipment condition and usage can vary significantly, impacting overall value.