Price guides

What a Case IH tractor costs in Australia

Ventas Asset Lending  |  Reviewed by Caleb Morehu  |  Updated 5 November 2026

Case IH publishes no Australian price list. Live used listings run from $46,363 ex GST for a 2016 Farmall 95C to $550,000 ex GST for a 2019 Steiger 500, with a 2020 Magnum 340 at $360,000. Horsepower, hours, tracks and guidance move the price most, and new tractors are priced by dealer quote.

$46k to $550kex GST asking prices on 13 used Case IH tractors, Farmall to Steiger
$360,0002020 Magnum 340 with 870 hours, ex GST
1.99% p.a.Magnum finance offer over 4 years as advertised by Case IH Australia, conditions and end date not shown, check with a dealer
-12%Australian new tractor sales, year to August 2026 (TMA)

A Case IH tractor can cost $46,000 or $550,000 used, and both are the same brand. The spread comes from the series: a Farmall utility tractor, a mid-range Puma, a Magnum row crop, or an articulated Steiger or tracked Quadtrac. Then hours, age, guidance, tracks and loader move the price again. Case IH does not publish prices in Australia, so this guide uses 13 used tractors on live listings, the maker's own range and finance pages, and the sales figures that show where the market sits. It ends with how a purchase is funded.

What Case IH tractors cost

Case IH Australia publishes no tractor price list. Its Maxxum and Magnum pages, accessed 4 November 2026, show models and a finance offer but no prices, and point you to a dealer quote. The only dated, public numbers are dealer and owner asking prices. This table surveys 13 used tractors on Machines4U on 4 November 2026, from the Farmall utility models to the Steiger and Quadtrac, across Queensland, New South Wales, Victoria, South Australia and Western Australia. We opened each listing and copy its fields. Figures are the seller's asking prices, indicative market data and not Ventas offers. Where a field is missing the table says Not disclosed. We found no priced listing in Tasmania, the Northern Territory or the ACT, and no new Case IH tractor with a price we could verify, so we publish none. We also had no access to Tractorhouse or Machinery Trader listings, which block automated reads, so this is one marketplace and not the whole market.

ListingCondition, hours, featuresPrice shown
Farmall 75C, 2023, Lindeman Island QLD, private seller (Machines4U 1274652)Used, 1,202 hours, 75 hp, 4WD cab, Prime-Lift 30 loader and 6 ft slasher, one owner, transmission Not disclosed$60,000 ex GST ($66,000 inc GST)
Farmall 95C, 2016, South Guildford WA, AFGRI Equipment (Machines4U 1286831)Used, hours Not disclosed, hp Not disclosed, 12x12 shuttle, cab, forklift attachment, Trimble screen mentioned$46,363 ex GST ($50,999 inc GST)
Maxxum 125, 2012, Cowra NSW, Hutcheon and Pearce (Machines4U 1213168)Used, 5,200 engine hours, 125 hp, powershift, no loader or guidance listed$50,000 ex GST ($55,000 inc GST)
Puma 165, 2008, Crystal Brook SA, Rocky River Ag Services (Machines4U 1273795)Used, 4,160 hours, 165 hp, powershift, Vision Lift 60 loader, Trimble Steer$94,000 ex GST ($103,400 inc GST)
Puma 195, 2008, Albury NSW, Hutcheon and Pearce (Machines4U 1256467)Used, 5,178 engine hours, 195 hp, powershift/CVT, Trimble Ezi-Pilot guidance, rear duals$100,000 ex GST ($110,000 inc GST)
Optum 270, 2019, Somerton VIC, BrisVegas Machinery (Machines4U 1289183)Used, 1,033 hours, hp Not disclosed, CVT, guidance, Pro 700 screen, front and rear duals$302,500 ex GST ($332,750 inc GST)
Magnum 280, 2016, Crystal Brook SA, Rocky River Ag Services (Machines4U 1254128)Used, hours Not disclosed, 279 hp, powershift, guidance Not disclosed, rear duals$280,000 ex GST ($308,000 inc GST)
Magnum 280, 2017, Rockhampton QLD, Milne Bros (Machines4U 1237730)Used, 5,845 engine hours, hp Not disclosed, powershift, AFS guidance with Pro 700 screen$231,818 ex GST ($255,000 inc GST)
Magnum 340, 2020, Finley NSW, Hutcheon and Pearce (Machines4U 1235979)Used, 870 engine hours, 340 hp, full powershift, AFS Pro 700 guidance, 6 remotes$360,000 ex GST ($396,000 inc GST)
Magnum 380 Rowtrac, 2017, Rockhampton QLD, Milne Bros (Machines4U 1269160)Used, 5,269 engine hours (header says 5,369), hp Not disclosed, Rowtrac CVT, AFS guidance, new tracks$240,000 ex GST ($264,000 inc GST)
Steiger 435, 2010, Lake Albert NSW, Murrumbidgee Machinery Brokers (Machines4U 1264316)Used, 7,055 engine hours, about 435 hp, 16 speed powershift, Trimble FM-750 with Autosteer$150,000 ex GST ($165,000 inc GST)
STX 500Q Quadtrac, 2017, Moora WA, AFGRI Equipment (Machines4U 1109845)Used, 4,600 hours, hp Not disclosed, powershift, 30 inch tracks, Accuguide ready, 6 remotes$340,000 ex GST ($374,000 inc GST)
Steiger 500, 2019, Lake Albert NSW, Murrumbidgee Machinery Brokers (Machines4U 1058559)Used, 1,662 hours, up to 550 hp, 16x2 powershift, AFS Pro 700 with RTX receiver, 800/70R38 duals$550,000 ex GST ($605,000 inc GST)

The Magnum 280 appears twice, in South Australia and Queensland, because we found two with similar specs. Both are 2016 to 2017 powershift tractors. One asks $280,000 ex GST with hours not shown, the other $231,818 ex GST with 5,845 hours, so the hours and the guidance fitted account for a good part of the gap. The Machines4U pages show ex GST and inc GST side by side, and the difference is 10 per cent, so compare every tractor on the same basis.

Price against horsepower

Case IH sells in six steps. The Australian site lists the Maxxum at 112 to 150 hp and the Magnum at 200 to 400 hp, with models from the 250 to the 405 and a choice of PowerDrive (19 speed full powershift) or CVT. The Farmall sits below the Maxxum, the Puma and Optum sit between them and the Magnum, and the Steiger and Quadtrac are the articulated and tracked machines at the top. Horsepower sets the band. The table divides each listing's asking price ex GST by its listed horsepower (our arithmetic), using the figure in the listing, so it is a rough guide and not a valuation.

TractorPowerAsking price ex GSTPrice per hp (our arithmetic)
Farmall 75C, 202375 hp (listed)$60,000$800
Maxxum 125, 2012125 hp (listed)$50,000$400
Puma 165, 2008165 hp (listed)$94,000$570
Puma 195, 2008195 hp (listed)$100,000$513
Magnum 280, 2016279 hp (listed)$280,000$1,004
Magnum 340, 2020340 hp (listed)$360,000$1,059
Steiger 435, 2010about 435 hp (listed)$150,000$345
Steiger 500, 2019up to 550 hp (listed)$550,000$1,000

Two things show up. The big wheeled and tracked machines hold their value per horsepower far better than the 2008 to 2012 mid-range tractors: a 2019 Steiger 500 with 1,662 hours asks about $1,000 per hp, while a 2010 Steiger 435 with 7,055 hours asks about $345. Age and hours do that, not the badge. And the small Farmall 75C at $800 per hp is a near-new tractor with a loader and slasher on a resort island, which shows that the lower end can price like a new machine when the hours are low.

What moves the price

Six things move a Case IH price more than the model number does.

On the new side, Case IH Australia advertises finance offers on its special offers page, accessed 4 November 2026. The footnotes were not visible to us, and no end date is shown on the page, so read the full terms with a dealer.

Series (Case IH Australia offers page)Rate as advertisedTerm
Steiger3.45% p.a.3 years
Magnum1.99% p.a.4 years
Optum (and Farmlift telehandlers)1.99% p.a.3 years

The page lists no offer on the Farmall, Maxxum, Puma or Quadtrac. A low advertised rate can sit alongside a firm sticker price, so compare the total cost and the trade-in value, not the rate alone.

How Case IH sits in the market

Case IH is a broadacre brand, and the survey lines up with that: more than half the tractors above are Magnum, Optum or Steiger class, and most carry guidance. The buyers are grain and cotton growers who need a big tractor for tillage and seeding, mixed farmers running a Puma or Maxxum for hay and general work, and contractors who put hours on a machine quickly. The Farmall and Maxxum class with a loader suits hay operators and smaller farms.

Against the brands next to it, the closest like-for-like in our surveys is a 2018 New Holland T7.260 with 2,740 hours at $215,000 ex GST and a 2018 T7.315 HD with 5,089 hours at $220,000, against Case IH Magnums at $231,818 to $280,000 and a 2020 Magnum 340 at $360,000. A 2019 New Holland T9.615 SmartTrax with 3,244 hours asks $460,000, against the 2017 STX 500Q at $340,000. Years, hours and specification differ, so read that as a sense of the bands, not a ranking. See our New Holland prices guide for those listings and the tractor prices by horsepower guide for a wider brand comparison.

The market is soft. The Tractor and Machinery Association reported on 8 September 2026 that sales were down 12 per cent year to date, with the 100 to 200 hp class down 13.0 per cent and 200 hp plus down 9.4 per cent. Maquinac, reporting the same body, puts 2025 at 9,521 new tractors, down 7.0 per cent on 10,242 in 2024. John Deere held 19.2 per cent and Massey Ferguson 15.4 per cent in 2024. The article gives no Case IH share and we do not publish one. A soft market gives buyers room to negotiate on dealer stock, but inspect the machine first.

Financing a Case IH tractor purchase

Tractors are usually fundable because they are mobile, identifiable and resell, but lenders price age and hours. Equipment finance is secured on the tractor, with a deposit or trade-in and a term that usually shortens as the machine gets older. A lender will often want recent tax returns or financials, and for a low-hour near-new machine may accept a smaller deposit than for a 7,000 hour tractor. Lender appetite for older high-hour machines is thinner: lenders often cap the machine's age at the end of the term, and may want more deposit or a shorter term. Ventas is a finance broker, not a lender, so we do not quote rates here. They change with the lender, the machine and the file.

Illustrative only, subject to lender assessment. A used 2019 Magnum class tractor at $300,000 ex GST (our example, not a listing):

ItemAmount
Tractor, ex GST$300,000
GST at 10 per cent$30,000
Price inc GST$330,000
Freight, pre-delivery inspection and registration of any security$3,500
Total cash needed, before any GST credit$333,500

And how it is typically funded across lender types:

Funding layerAmountWhat it coversSecured on
Equipment finance (chattel mortgage)$240,000Most of the tractor, ex GST priceThe tractor itself
Deposit or trade-in of an older tractor$60,000Rest of the ex GST priceYour cash or the trade-in
Your funds, or a short GST bridge$33,500GST, freight and costsCash, or an overdraft if you have one
Total$333,500

This example is 80 per cent of the ex GST price. A lender may finance a different share, and may include or exclude the GST, so confirm the structure with the lender. Whether you can claim the GST back, and how the tractor is treated for tax, depends on your registration and how you use it, so ask your accountant.

What makes a tractor deal fundable:

To get a number from Ventas, send the make, model, year, hours and price with the GST wording, the seller, and your ABN and financials. Start at tractor finance, see agricultural finance, read how to finance a tractor or farm machinery, or test a repayment on the tractor finance calculator. Finance is subject to lender assessment and approval.

Sources

This is general information only and not financial, credit, or tax advice. Figures are indicative market data from the sources listed, not Ventas offers, and move with the market. Consider your own circumstances and speak to a professional. All finance is subject to lender assessment and approval.

Frequently asked questions

How much does a Case IH tractor cost in Australia?

Case IH publishes no Australian price list. Used asking prices we found run from $46,363 ex GST for a 2016 Farmall 95C to $550,000 ex GST for a 2019 Steiger 500, with a 2020 Magnum 340 at $360,000. New prices come by dealer quote.

How much is a used Case IH Magnum?

On 4 November 2026 we found a 2017 Magnum 280 with 5,845 hours at $231,818 ex GST, a 2016 Magnum 280 at $280,000 ex GST, a 2017 Magnum 380 Rowtrac at $240,000 and a 2020 Magnum 340 with 870 hours at $360,000. All are ex GST asking prices.

Is a Case IH Puma or Maxxum cheaper than a Magnum?

Yes. The Puma and Maxxum are smaller tractors. A 2012 Maxxum 125 asks $50,000 ex GST and 2008 Pumas ask $94,000 to $100,000, while used Magnums in our survey start at $231,818. Age and hours explain much of the gap, so compare like for like.

How does Case IH compare with John Deere and New Holland on price?

The listings we surveyed put a 2018 New Holland T7.260 at $215,000 ex GST, against Case IH Magnums at $231,818 to $280,000. Years and hours differ, so these are bands and not a ranking. Compare the same horsepower, hours, guidance and GST wording.

Can I finance a used Case IH tractor?

Often yes, through equipment finance secured on the tractor. Lenders look at the machine's age and hours, your financials and the deposit. Older high-hour machines are harder to fund. Finance is subject to lender assessment, and Ventas is a broker, not a lender.

CM
Reviewed by Caleb Morehu, Co-founder, Ventas Asset Lending. Caleb structures asset, property-backed and development finance and negotiates directly with lenders. Every figure on this page is checked against what lenders are actually approving. About Ventas.

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This article is general information only and not financial, credit, or tax advice. Ventas Asset Lending is a finance broker, not a lender. Approvals are subject to lender assessment. Consider your own circumstances and speak to a qualified professional, including your accountant for any tax questions.

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