Looking for a fair asking price for a tractor

We have a 1966 McCormick Farmall "High Crop." We want to sell it but don't know what to ask for it. It starts and runs but has a hole in the radiator. It runs on propane. We are located in the East Texas area. Any words of wisdom will be appreciated. Thanks!

Also wants to sell implements - shredder, rake, gen pole, blade, bale spike.

Don't know what it is worth , but do know that the
tractor you pictured is not a high crop tractor.

Well. It's not exactly in parade ready shape there.

Propane is typically a negative 'here' don't know in your part of
the world. I'm not familiar with propane models, but is that
factory propane, or is that a home conversion, looks like the
hood was just cut for a propane tank to be strapped on.
Thought the factory jobs were lower into the hood?

Bad radiator means it needs work and expense.

It's not a high crop so no bonus there.

The wheel weights add a little bit, that might bring it up over
$1000.

The implements, probably about 1/2 of new depending on
condition.

Paul

tractor appears to badged as an lp. Bill

Kcbhill, You are holding one of the Few, Not many made 656LPs! Rare to the degree that they are Not on most any street corner! Like 656 Dsl or Gas are not hard to fine. At present time there are 2 dozen or so 656LP. " KNOWN to Exist" here in the State of Texas I have a 1966 LP Too!
Worth, Welllll that is relative to condition and amount out there, from your pics.......
Negatives, as I see from you pics & description
Paint--Poor
Tin----Fair
Rear tires--50%
Fronts------50%
Radiator needs repair/replaced????
Seat needs replaced
No front wt.s
Some crappy aftermarket air precleaner assembly
other maintence Needed, LP valves, rubber hoses ???????
Pluses.....
Factory wide front
Tires are decent and look very Usable
Factory 3-point
3 sets pf factory IH wt.s on each rear corner
I will admit you tractor is not in the best shape Judging from the pics! so it will probably get graded harder. IMHO this ol Darlin aught to worth in the $2500 to high $3K range. as it sets today. that radiator will cost on the low side $250 for a repair and rod out to get it ready to put it back in, or more if it has to be Replaced.. A new seat, rubber handles on shifter, TA If new LP valves assembles are needed then that is right at $100. You fix all the obvious short falls of the tractor and this tractor should be in the 5K range! Mine 656LP is in better shape, Rubber, It will take 5K minimum to get my 656LP!
OBTW,....Your tractor is a Row-Crop Version Not a High Crop version
If You like, Holler sometime over the weekend, My # is (512)577-3837 and we can visit about it!
Hope this helps.
Later,
John A

Another factor is the size vs. age. It is too old to be attractive as a worker, and too big to appeal to the mainstream hobby farmer or collector.

(quoted from post at 06:18:10 11/21/14)
Another factor is the size vs. age. It is too old to be attractive as a worker, and too big to appeal to the mainstream hobby farmer or collector.

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I have a place in the Tx. Panhandle. I have 3-- 656 LP's and I didn't know they were rare. I also have several LP's-- 706/340/M/450/etc. They really aren't rare where we are.
I would sell mine for $1500 each and they only need cosmetics.

I am with John A on this one. I do agree that to some people in some places that an LP tractor wont sell as well. For years I have watched them sell for near scrap price around here (SE SD) but in the last few years that has turned around and they are almost bringing a premium over their gas counterparts and have seen them sell at prices matching a diesel for some models. Tractor collectors have driven up the prices on them because of the rarity, and higher gas prices have brought a resurgence in their popularity.
I have 2 John Deere 720's, one LP gas and one diesel, and after running them both doing haying and lighter work for the last couple years, they are about dollar for dollar on fuel cost per hour to operate. The LP does run a just a couple cents more per hour to operate and the only disadvantage I can find is that I have to bring the tractor home every night for fuel because I cant take the fuel to it. For a yard tractor, or loader tractor, that 656 would be wonderful!!! When they start like a gas and cost like a diesel, I have a hard time seeing the negative!
Price? Like John A said, there were only a handful built... and even less left around. I have a 1965 Case 830 LP that I bought off of craigslist. I called on it one afternoon and by the time I went to look at it the next day, the guy had gotten over 2 dozen calls on it! He had it priced at $1500 and it needed new rubber all the way around and a lot of other TLC, but it was solid and ran good. I took it home and now I wouldn't give it up for the world!
As far as how to price it, I would simply compare it to other gas and diesel 656's that have sold in your area and take into account condition compared to the others. That should give you some idea. Good luck!

Thanks for the info. I was going on what I was told but obviously that was incorrect information.

That's a good one! It's just the right size to be useful and just the right age to be affordable. Around here you drive down the road and there is an old Farmall or comparable sitting next to the big modern tractor on most farms. Still working in some capacity. My biggest complaints on this one are condition and the LP.

2014 blue book says...sold new for 5650.. trade in is 1550 to 2300, retail is 3070 to 3650, minus repairs for the radiator. would have 63.5 pto hp and weight is 6550 plus weights and ballast. Yours is a propane so it will vary a bit. 263 cu in gas engine.

About 1350 in implements plus or minus..

Dej(Jed) I might be interested in some of your tractors if you
want to sell them call me . I live down by Lubbock.. Thanks
806-778-9919

Not A HIGH CROP but I believe it was called a "high utility" tractor. It is kind of unique tractor and as so worth more than other 656 models. I would price it at $7500 and throw the implements in the bargain. Without the implements I would want $6500.

(quoted from post at 13:58:03 11/21/14) Not A HIGH CROP but I believe it was called a "high utility" tractor. It is kind of unique tractor and as so worth more than other 656 models. I would price it at $7500 and throw the implements in the bargain. Without the implements I would want $6500.

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The tractor pictured is not a utility (International) but the normal Farmall 656. The International 656 has a shorter wheel base due to a swept back front axle. The operators platform is also lower.

LP in Texas or Louisiana is not a big problem to get as in some other states, price advantage many times in the oil patch areas where the gas is/was sometimes burned to vent at refineries. $2500.00 to $5000.00 depending on buyers potential use and included equipment. Radiator patch job for $100.00 to proper repair for $500.00 to $1000.00. Price varies by time and buyers pocket book/checkbook and recent product sale, what the new fancy ones are going for new in showroom sticker shock. RN