And you thought used cars were expensive these days.
A rare farm tractor has been auctioned for $420,000.
The 1917 Willmar Little Oak was part of the George and June Schaaf Tractor and Truck Museum collection.
The Frankfurt, Illinois attraction closed this year after three decades of operation.
FAMOUS CHICAGOLAND TRUCK AND TRACTOR MUSEUM TO AUCTION ITS MULTI-MILLION DOLLAR COLLECTION
George Schaaf’s Willmar Little Oak has sold for $420,000. (Mecum Auctions)
The Little Oak is the last known example of its kind and represents a breakthrough in tractor design.
It is the last known of its kind. (Mecum Auctions)
It was the first to be advertised as a “one man tractor” with controls that allowed the driver to raise and lower the plow without dismounting.
The Little Oak has a 40 hp engine with a 20 hp drawbar. (Mecum Auctions)
The 40 hp Little Oak is fully functional and has been carefully restored by Schaaf to mint condition.
“When I restored them, I took them out and used them immediately. A lot of people are restoring them, and they don’t show them at all, they just leave them in a barn,” he told Fox News Digital’s museum collection.
George Schaaf has been collecting and restoring classic tractors since the 1980s. (Mecum Auctions)
Dozens of vintage tractors were sold at the Oct. 1 auction, and four others fetched more than $250,000, including another 1917 model.
This 1917 Allis-Chambers 10-18 is one of the few surviving. (Mecum Auctions)
The 1917 Allis-Chalmers 10-18 tricycle is also rare and one of the few that still exist in any condition, let alone fully restored, and sold for $262,500.
The 1913 Hart-Parr 30-60 sat unused on a farm for 70 years. (Mecum Auctions)
A 1913 Hart-Parr 30-60 cost $278,250. Schaaf was the fourth owner and has completely restored it. The third found it on a farm in Montana in 1986, where it had sat unused for about 70 years but was able to get it working again, earning it the nickname Old Reliable.
Schaaf restored this 1924 Minneapolis 35-70 with new sheet metal and wood. (Mecum Auctions)
The 1924 Minneapolis 35-70 was the latest of the much-bidden tractors and had its body restored with new sheet metal and wood, but sold for the third-highest price at $283,500.
The Gas Traction Company’s Big Four 30 was the largest tractor of its day. (Mecum Auctions)
The Schaaf Gas Traction Company’s Big Four 30 was the largest tractor of its time, fetching a suitably impressive bid of $294,000. It is a ‘prairie tractor’ designed for plowing virgin land and was advertised with the slogan ‘Thirty horses can’t do what the Big Four ’30’ can do for you’, the name referring to its 30hp four cylinder engine alludes to
JAMES BONDS ‘NO TIME TO DIE’ ASTON MARTIN AT AUCTION FOR OVER $3 MILLION
Ten other tractors sold for over $100,000, but Schaff kept one in particular. It’s one of five remaining Case 40/72S and one of his favorites that he likes to bring to tractor shows.
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“It’s strong. When I enter it in pulling competitions, it usually wins.”
Gary Gastelu is the Automotive Editor at Fox News Digital.