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Minneapolis Moline Tractors Discussion Forum
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shot in the Dark

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ColeHans

02-17-2017 06:51:56




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my great uncle back in the late 80's sold out his herd and his equipment on auction in NE WI, at that time He had a G750, and a G1350. He doesnt remember serial numbers and only has 1 picture of each, Both were bought new by him. only thing he remembers is that they both went to the same person in the state of Wisconsin, now my grandparents had a G-850 that we sold only 12 years ago for 2k, had a bad rod knock and the brakes were locked up from sitting in our shed for a few years, it only had 2900 hours on it. and at the time my grandfather sold it, he had the bill of sale notarized by his attorney that if we wanted to by the tractor back he would have to sell it to us, and that if he was going to sell it we had first pick at it. Now that being said, i called this gentleman and talked to him about purchasing the tractor back. He honored the fact that i would like it back and gave me a price of 20K. i looked at it and it is rebuilt and runs like a dream, my grandfathers writing is still on the sheet metal from counting loads in the silo. my grandma was in tears as she ran her hand over where my late grandpa had wrote. he would turn 75 this year and passed 10 years ago. we wanted it back to make it a memery of my grandpa cause he loved that tractor and didn't want to sell it but had to cause of the falling milk prices. i know its a rare tractor but 20k seemed to far out there, ive seen them from 8K to around 15K in original condition, and it was mint when we sold it. the only time it ever sat outside was on the blower.

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colehans

02-20-2017 08:05:34




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
ive talked to him over the weekend and he said he has to much tied up into it to sell it. i told him get all the numbers together and ill pay 1K over what he has into it. hes going to get back to me today



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Moline_guy

02-20-2017 11:11:43




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 Re: shot in the Dark in reply to colehans, 02-20-2017 08:05:34  

Hope you are able to work something out, but it is understandable that he has a lot put into the engine if it was knocking. I had an engine in my oliver which is the same as the mm850 gone through several years back. If the block and crank needed machining, head work, pump work and along with updates, an engine rebuild can easily be over ten thousand. Hope it works out for you.



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Sodak farmer

02-18-2017 13:23:47




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
Sadly the one great detail missing was a formula to arrive at a fair price. The current owner is not motivated to sell and is sitting in the drivers seat. Don't give up on trying to work out a deal amicably or I think a big check will be needed.



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NY 986

02-18-2017 09:07:53




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
I sincerely wish you luck in your endeavor. As somebody else said maybe this person would go for a swap of similar tractors. The things that are against you is the tractor is rare because there were not many yellow painted Oliver's made and the tractor means more to you than somebody else who may approach him. I don't know your finances but you may have to write a big check to get it and that is all there is to it. If he was going to be moved by sentimentality he would have already worked out a deal for you to have it.

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Lyndon - AB

02-17-2017 19:36:10




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
Just throwing another idea out there. You could try asking him if he would do a straight across swap if you could find the same model tractor in similar condition.



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ColeHans

02-17-2017 14:45:32




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
its writen by a Lawyer and notarized by that same lawyer



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Sodak farmer

02-17-2017 13:58:50




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 Re: shot in the Dark in reply to ColeHans, 02-17-2017 06:51:56  
When I was trying to track down a family tractor that had been sold I talked to a gentleman who got quite defensive when I asked about a tractor that he had bought. Most of these older tractors have little commercial value but quite a bit of sentimental value. Hard to put a price on that. Purchase and right of first refusal clauses need a lot of detail in them. Good luck.



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