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Selling tractor collection

D

Duanes

Member
What is the best way to disperse of a tractor collection? Auction at farm , take to specific tractor auction or advertise individually? Looking to accomplish best price for all tractors and not just the most collectable.
Thanks
 

Best way is to contact a local, TRUSTED auctioneer. Tell him what you have, let him have a look, and he will make the decision as to whether to hold the auction right there on the farm, or bring it all to a consignment auction.
 
I would think listing them here on YT photo adds would be a good start. Other collectors will see them and contact you. Start with your asking price and except offers. You can
always bring them to a consignment auction if you choose, but I think you will find the price will be below what you would like to get.
 
Don't hurt to try and sell privately advertising here on ytmag, red power or facebook. Just remember once you get auctioneer involved that's money out of your pocket. What tractors are you going to be selling?
 
Unless you have a collection of rare tractors, either untouched originals and/or premium restorations, your best bet will be to sell them individually to get top money. But, it is the longest way to get the job done, and the most work.

Quickest way is to have an auction on site, but you are rolling the dice. It is my experience that auction prices tend to be lower than what you could get selling them individually. You also have to give the auctioneer a percentage.

Consignment sale, only if you are just looking to get rid of them fast and don't really care what you get. Consignment sales are where you get rid of your old junk, so the first thing on someone's mind when they see a tractor at a consignment sale is, "What's wrong with it?" A shiny paint job makes it worse because they think you're hiding something. Even worse is putting signs all over the tractor stating that there is nothing wrong with the tractor and/or how much was spent to restore it...
 
(quoted from post at 07:04:51 03/14/17) . . . Even worse is putting signs all over the tractor stating that there is nothing wrong with the tractor and/or how much was spent to restore it...
Click to expand...
I think BE pretty well covered the options and what to expect. I particularly like this comment. A slight variation of this is when the sale gets to a tractor and the auctioneer says "It was running when we brought it in here." and there is some obvious long-missing, but usually minor and inexpensive part missing, (e.g. a fuel line).
 
I live in Southern Minnesota. We are just in the process of thinking of a sale. If, your interested send me your email and I will drop you a line when we are ready.
 
(quoted from post at 22:18:50 03/14/17) If you want to private party anything ahead of time, send me a list of what you have. thanks

[email protected]
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I have always found that the key to getting a good price is the advertising you do before hand. No matter what sales method you use, the more people that know you are selling a certain model of tractor , car, etc, the better the final bid will be. Sheer competition but you have to spend the money to make sure the greatest number of people know you are selling.
 
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