Tractors
A 2023 New Holland Workmaster 120 is 3 years old and typically retains 62% of its original MSRP. Top Workmaster, 120 hp gross / 100 PTO hp; 2022 list $74,686 ROPS / $91,152 cab; weight to 8,637 lbs with cab.
Based on MSRP depreciation model
Good Condition
$39,000 - $52,500
Low hours, well-maintained, no major issues
Average Condition
$34,500 - $46,000
Average hours, typical wear, operational
62% value retained after 3 years
* Estimates vary by hours, condition, and location. Get exact pricing →
Average usage is ~450 hrs/yr. A 2023 model with average hours would have ~1,350 total hours.
Excellent condition can add 15-25% over average. Structural damage, leaks, or worn undercarriage significantly reduce value.
Equipment in the West and Southwest typically commands 5-8% higher prices. Transportation costs affect final pricing.
Documented dealer maintenance records can add 5-10% to value. Unknown history creates buyer hesitation.
Compare values across different model years.
Mahindra eMax 22S HST
2023 model: $7,000-$9,500
Mahindra eMax 20S HST
2023 model: $7,500-$10,000
Mahindra eMax 25L HST
2023 model: $9,000-$12,000
Mahindra Max 26XL
2023 model: $10,500-$14,000
Mahindra 1626 HST
2023 model: $14,500-$20,000
Mahindra 2638 HST
2023 model: $15,000-$20,500
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Monthly pricing data, comparable sales, and market trends for the 2023 New Holland Workmaster 120.
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