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Minneapolis Moline Tractors Discussion Forum
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Re: scrappers

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1206SWMO

10-14-2012 14:44:17
184.21.202.2



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I'll make a few comments..

Some scrap buyers seem to be paying record prices,often over $200 a ton for stuff..My local yard only pays $150-200 ton for prepared hauled in to them..These junkers often pay $400-700 each for tractors that not that many years ago used to sell for $100 each or less..

Back in the 1970's I used to go to central-western Kansas and buy running tractors for $100-200 each and gas was only 50 cents a gallon..

The scrappers are mostly buying non running tractors with stuck engines,rotten tires,and often missing parts..Sometimes though,it seems like some pretty good ones sell for scrap..

The cost to drive a pickup and trailer to a sale is unreal..The 260 mile round trip when I got the GVI MM at Pomona,KS cost me $130 just in gas..

The cost to restore a tractor is getting unreal...Just putting new tires on a tractor such as a GVI MM would cost nearly $2000..Used tires are getting real hard to find..Its much cheaper just to buy a restored and running tractor.

Theres fewer and fewer tractor collectors in my area...The ones that do it are mostly in their 50's or older...Young people arent interested or just dont have the money..

Theres been more MM and Twin City tractors on sales this year than I have ever seen...There was a big sale in Sept near Amarillo,TX with lots of unrestored MM's and most all went for scrap..

I'm still sick over the GVI MM pictured that went for scrap at $600..It looked nice and may have had a free engine..The other two GVI's werent as nice as this one and the one I saved..I'm retired now and am on fixed income so have to watch my spending some..

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