This tractor sold for the price of a new Lamborghini – but why?

A British tractor has just gone under the hammer and sold for the hefty price of $270,000.

The farm vehicle in question is a restored 1982 County 1474 tractor. This bright blue vintage machine certainly looks mighty impressive, but is it worth the price of a new Lamborghini?

The Lamborghini Huracán Tecnica has a starting price of $213,000.

We don’t know exactly why this ‘short nose’ County stole the show but Oliver Godfrey, head of the machinery department at UK auction house Cheffins, told Farmers Weekly: “The market is alive and well – in fact, it is thriving – as collectors still have cash in the bank which they want to invest in something tangible.

READ MORE: The real-life Jurassic Park velociraptor is expected to sell for $6 million

“It appears that at the moment, the market’s bets are mainly focused on Ford variants, such as County and Roadless, which are seeing double-digit price growth year-on-year.”

In fact, this sale lead the 1982 County 1474 tractor to become the world’s most expensive modern classic tractor – quite an achievement in the world of farming.

Godfrey said collectors were also into the nostalgia factor.

READ MORE: This impressive Bugatti Chiron took 365 days to finish – and is made from clay and fiberglass

The tractor was initially bought for about $25,000 and its new owner, Tom O’Connor, said it was long-held dream realised to be a tractor collector.

“Luckily I am now in a position in my life where I can do that,” he told the BBC.

The tractor sold way above its estimated price of about $148,000 to $172,000.