Original cost of 1959 530 JD 2 cyl. ?
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    Original cost of 1959 530 JD 2 cyl. ?

    Wondering if anyone knows what a 530 JD 2 cyl. would have cost in 1959? Thanks for any thoughts.

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    44JohnDeereBR (01-19-2016)

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    It wasn't much,, compared to then farm income,,

    My BIL bought a 1950's CAT D-2,,, decided it was too small,, and replaced it after 4 hours plowing in mud.

    The old D-2 sat at the side of the field for over a decade,,, until he gave it to his brother.

    So price is relative,,, if the JD cost $1,000 then,, it was like the average guy paying $100 for a tractor.

    Money was like water on the farm in the early 1950's,,,

    Crop prices,, like wheat were crazy high,,,

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    According to TractorData.com, in 1960 a 530 MSRP was $2400. A 520 in 1958 was $2300.
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    New, a 530 cost around $2,400 plus any taxes and dealer setup fees. That actually isn't very much for such a small machine when you consider that it was more capable and better equipt than a Model A from just a few years earlier; live hydraulics, live pto, power steering, and a float-ride seat were standard features. At 35 horsepower it wasn't exactly a toy either. Fuel efficiency isn't bad at around 3gph at full power. In the days before giant bales and mega acreage, a 530 would have been the perfect fit for even a decent sized hay farm. Large vegetable farms and small corn operations liked them too. Really the only thing outside of its capabilities is heavy tillage.
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    '50 Model M w/electronic ignition, 12v conversion, and a 3pt conversion plus a homemade snowplow, a Deere Model 51 trailer plow, a Woods RM59 finish mower, a Bark Buster splitter, and a few other toys.
    '69 Sears Suburban 14 48" deck and 42" back blade, an estate rake, and a sweeper.
    '07 F250 XL Powerstroke, crew cab, short box, 4x4.
    '85 F150... I finally sold my very first truck after racking up over half-a-million miles on the original drivetrain.

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    DRobinson's Avatar
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    Quote Originally Posted by POWERSTROKE View Post
    According to TractorData.com, in 1960 a 530 MSRP was $2400. A 520 in 1958 was $2300.
    That is probably just under the annual salary of the mechanic who worked on them.
    Don

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    By my rough estimates, and very rough because I'm no expert in economics, $2400 in 1960 is somewhere in the neighborhood of a little over $19,000 today. Considering that now they are worth between $6000 to $10,000+ in good to showroom condition, I'd say they have they held their value pretty well! Bear in mind that my figure is strictly based on rough USD inflation percentages and does not take into account the consumer price index, interest rates, crop prices, the market value of chicken gizzards, etc, etc...

    When you compare a 530 with its modern counterpart (a 3-series perhaps?) it is amazing to think about how far tractor technology has advanced in the areas of safety and ergonomics. That being said, I'd love to see a 3-series and a 530 battle it out with a weight sled.
    Last edited by Evergreen; 01-19-2016 at 04:13 PM.
    '50 Model M w/electronic ignition, 12v conversion, and a 3pt conversion plus a homemade snowplow, a Deere Model 51 trailer plow, a Woods RM59 finish mower, a Bark Buster splitter, and a few other toys.
    '69 Sears Suburban 14 48" deck and 42" back blade, an estate rake, and a sweeper.
    '07 F250 XL Powerstroke, crew cab, short box, 4x4.
    '85 F150... I finally sold my very first truck after racking up over half-a-million miles on the original drivetrain.

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    BTO I worked for summers & weekends in high school and off & on summers in college used his 520 to pull his homemade #690 bean planter, 6 30" rows over 250-300 acres every spring, also pull his fully loaded 494 4-38 corn planter over 400-500 acres. When the beans were up he put a front mounted 6-30 cultivator on the 520 and cultivated all the beans at least once. When cultivating was done the 520 hauled in haylage & corn silage to fill three of his 4 Harvestore silos, two 20x60's and two 16x45's. The 4th one got wet corn. That's lots of loads of silage in BIG Deere forage wagons. I don't think a 3-series would keep up.
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    Thankyou gentlemen. On our 160 acre farm it was a central workhorse on a AC round baler, 4 row cultivator, hauling corn, hay, mowing, and thru the winter it sat in an open on one end corn crib alley and started every morning in the coldest of conditions to run an auger wagon to feed cattle every morning. It was used most every day for something. On occassion it was hooked up to a JD 70 to help pull the plow thru some tough sledding. If you've ever run an "M" without power steering you know how deluxe the pwr steering is. It was a great little tractor. If it only had a foot clutch!
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    Quote Originally Posted by billyboy View Post
    If you've ever run an "M" without power steering you know how deluxe the pwr steering is. It was a great little tractor. If it only had a foot clutch!
    I can relate...been there done that! However it was because the hand clutch on our old 60 (LPG) that was a great fit on our farm as it allowed us young boys (e.g. short legs) to help at a younger age by standing on the operators platform and being able to reach (and use) the hand clutch. It does take some getting used to.
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    Darwin
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    I'm a wee bit on the short side myself and yes, getting a foot on the clutch would have been out of reach when I started using it.
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