Tractors

Mahindra 2638

The Mahindra 2638 is a popular tractor used across construction, excavation, and site work.

38 HP3.4k lbs20192025MSRP $22,000

Typical Resale Values

Estimated fair market value in good condition

2023 Model

3 years old

$12,500$16,500

2021 Model

5 years old

$9,500$12,500

2018 Model

8 years old

$4,000$5,500

* Estimates based on MSRP depreciation. Actual value depends on hours, condition, and market.Get an exact valuation →

Mahindra 2638 Specifications

Horsepower38 HP
Operating Weight3,400 lbs
Year Range2019–2025
Base MSRP (New)$22,000
Avg Annual Hours400 hrs/yr
Bucket CapacityN/A

Known Issues to Watch For

Common problem areas reported by owners and service technicians.

Popular Attachments

Common attachments that can add significant value to this machine.

Loadermower

Include your attachments when you request a valuation for a more accurate estimate.

What Affects Mahindra 2638 Value?

Hours

Average usage is ~400 hours/year. Lower hours command a premium, while machines over 3,200 hours see steeper discounts.

Condition

Excellent condition machines can bring 15-25% more than average units. Structural damage, leaks, and worn undercarriage reduce value significantly.

Location & Market

Regional demand, transportation costs, and local construction activity all affect pricing. Markets in the South and Midwest typically see higher demand.

Attachments

Attachments like Loader and mower add value. Include them in your valuation for a complete picture.

Service History

Documented maintenance history with dealer records can add 5-10% to the value. Unknown service history creates buyer hesitation and lowers offers.

Model Year & Gen

Production years 2019–2025. Newer emissions-compliant models (Tier 4 Final) generally retain value better than older generations.

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Frequently Asked Questions

Common questions about the Mahindra 2638, answered by EquipBook's equipment experts.

How much is a Mahindra 2638 worth?
A Mahindra 2638 is typically worth between $4,000 and $16,500 depending on year, hours, and condition. A 2023 model in good condition is worth $12,500–$16,500, while a 2018 model averages $4,000–$5,500. Get a free instant valuation at equipbook.ai/valuate.
What does a Mahindra 2638 weigh?
The Mahindra 2638 has an operating weight of 3,400 lbs (1.7 tons). This is a compact tractor in the Mahindra lineup.
What is the horsepower of a Mahindra 2638?
The Mahindra 2638 is powered by a 38 HP engine. This tractor was produced from 2019 to 2025 with a base MSRP of $22,000.
How fast does a Mahindra 2638 depreciate?
A Mahindra 2638 loses approximately 13-17% of its value per year. A 3-year-old model retains about 66% of its MSRP, while a 5-year-old model retains about 50%. Average annual usage is 400 hours; machines with lower hours depreciate slower.
What is the bucket capacity of a Mahindra 2638?
The Mahindra 2638 has a standard bucket capacity of N/A. The machine weighs 3,400 lbs and is powered by a 38 HP engine.
What are common problems with the Mahindra 2638?
Common issues reported with the Mahindra 2638 include: Hydraulic flow. Regular maintenance and pre-purchase inspections can help identify these problems early.

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