Tractors

What Is a 2016 John Deere 1023E Worth?

A 2016 John Deere 1023E is 10 years old and typically retains 18% of its original MSRP. 1023E sub-compact.

22 HP1.7k lbsModel Year 201618% retention

2016 John Deere 1023E Value Estimate

Based on MSRP depreciation model

Good Condition

$3,000$3,500

Low hours, well-maintained, no major issues

Average Condition

$2,500$3,000

Average hours, typical wear, operational

MSRP New$16,500

18% value retained after 10 years

* Estimates vary by hours, condition, and location. Get exact pricing →

What Affects a 2016 John Deere 1023E Price?

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Hours

Average usage is ~700 hrs/yr. A 2016 model with average hours would have ~7,000 total hours.

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Condition

Excellent condition can add 15-25% over average. Structural damage, leaks, or worn undercarriage significantly reduce value.

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Location

Equipment in the West and Southwest typically commands 5-8% higher prices. Transportation costs affect final pricing.

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Service History

Documented dealer maintenance records can add 5-10% to value. Unknown history creates buyer hesitation.

John Deere 1023E Values by Year

Compare values across different model years.

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