How do you detmine tractor prices.

How do you determine a price on your tractor. How many times do I hear this question I ask why do they always ask me. Just because I have tractors does not mean I do know the price on there tractor. So my question is where can I go to get a more close price on there tractor. What book is the best one to use. Every price tractor book I have bought all they give me is the internet prices and very poor way to grade the tractor for a good price. I know with Automobiles we have Keely books. Blue book, Gold book it all depends on the year and car. Very good written book and if you know who to use it. this book can be a great help on a good deal. What book is out on the market to buy with up to date information on deterring the right price on tractors and equipment. What books do you use.
 
Books only matter so much. Anybody who has the internet will use that as a guide relative to model year and condition. Then there are wild cards such as the Mennonites who don't have the internet (for the most part) and not much in the way of books. Then there is location. Older tractors carry more of a premium locally and recent low houred tractors are more discounted because of fewer buyers versus the Midwest.
 
There really is no book for the older tractors. Any book I have ever scene on the antique tractors is out dated before it was even printed. There are not enough sales numbers to really have a data base record that I know of. So I depend on watching auctions and talking to outer fellows that see them sell.

On newer equipment there are several sources for current prices. I pay for Iron Guides. This is kind of the Blue book for newer equipment sales. Most banks and financing companies use this one for their lending numbers. These are in annual book form and monthly and quarterly price averages. These numbers are actual reported sales numbers from dealership sales. Machinery Pete has auction and sales numbers you can scribe too as well.
 
Even with the internet there is not a lot that prices out at the bank loan values at least where I live. Years ago I enjoyed the monthly Implement and Tractor magazine with their auction report from various sale yards around the US. Yoder and Frey was listed quite often. Even back then most of the time a tractor would sell for substantially more than a comparable (though unseen) unit listed in I & T.
 
NY 986: The reporting of auction numbers greatly effects the data averages. I much prefer dealership reported "ACTUAL" sales. This has proven to be much more accurate to me. Plus Iron Guides has values on options and lack of them. Sources like Machinery Pete and listings in Tractor House really do not tell you much. Tractorhouse is always high and Machinery Pets gives too wide of a range for me.
 
Hotline still puts several out every year, they have antique, industrial, garden tractors and current ones, these use auction prices from all across the Country, I used these a lot when i ran my repair shop and sold equipment as well, I still use them for giving a rough idea, the other we used all the time at our dealership from 1966-1976, I found about 20 of these and bought them recently, sorry about the sideways pic
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Prices are going to vary from year to year. Take 4 years ago prices on most was twice what they are now. Follows the markets.
 
I think that Tractor House ads will give you a pretty good High to Low figure what tractors are bringing. Location has a lot to do with price also. In my are you can throw all the books away when it comes to a Ford. They will bring more money in my area than any other brand. Masseys are second.The newer John Deeres out sell the New Hollands. Farmalls and Olivers appeal only to pullers and collectors.I have the only Cockshutts for a hundred miles. You hardly ever see a Moline and you can't get scrap price out of a Belarus-Zetor or a Long.
 
(quoted from post at 12:14:48 09/17/17) I think that Tractor House ads will give you a pretty good High to Low figure what tractors are bringing. Location has a lot to do with price also. In my are you can throw all the books away when it comes to a Ford. They will bring more money in my area than any other brand. Masseys are second.The newer John Deeres out sell the New Hollands. Farmalls and Olivers appeal only to pullers and collectors.I have the only Cockshutts for a hundred miles. You hardly ever see a Moline and you can't get scrap price out of a Belarus-Zetor or a Long.

That is close to what I have found for Oklahoma also. Ford thousand series will bring 3 to 5 grand easy depending mostly on what transmission and power steering then diesel or gas. I just paid 4 thousand for a 3600 that needed a clutch and a few leaks fixed. It has power steering, a fresh diesel engine and 8 speed trans. Now with a new clutch it's a $5000.00 tractor.
 
The condition of the tractor really determines what it is worth. Values will be all over the place depending on the condition and part of the country. Your larger auction houses such as Mecum and Nixon will give you an idea of what they are bringing and condition from the pictures they provide. On older lower priced tractors, condition of tires may make a difference of 50% to 100% on value.
 
Bob I just turned down $10,500 for a nice 4600. A nice 3600 will bring $6000.00 or better.
I have a friend that just turned down $6000.00 for a 861 diesel. Ford's rock the boat where
I live.
 
I have over $4500 in my 55 411Racine,and I cant get a bite on her at $3600.00 Guess I just have to keep her. Barley Pops all around! CM
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I'm learning that if you find the same model on Craigs list and cut the listed price in half you have about what its worth. Everybody on there is asking way more for almost every tractor than I've ever seen the same model go for at an auction.
 

Yup. I got way more into my 48 H than I will ever get out. But then it has a decal on it " TOY" :shock:
 
Just saw a movie yesterday....In this "Based on a true story", they go to a dealer and he has an 8N for sale - for $10,000...he tells them "That's what the market will bear". They end up talking him down to $6,000....
 
I am glad to hear that! I just came home from a local auction with a Ford 3600 diesel that I couldn't stand by and
watch them steal it. Jumped in at 3750 but ended up paying 4250. I figured I did ok. I like it a lot already.
 
I am glad to hear that! I just came home from a local auction with a Ford 3600 diesel that I couldn't stand by and
watch them steal it. Jumped in at 3750 but ended up paying 4250. I figured I did ok. I like it a lot already.
 
(quoted from post at 12:14:48 09/17/17) I think that Tractor House ads will give you a pretty good High to Low figure what tractors are bringing.

Tractor House ads only give you a pretty good figure on what people are ASKING for tractors. If the ad is up, the tractor is not sold.

Have you ever paid attention to the ads? They never change. Same ads week in and week out. That means the tractors are NOT selling.
 
Location and condition will deterine the price not what some book says and what do you think a fair price is for your tractor that you would be willing to sell. Now to find a buyer
 
(quoted from post at 21:55:48 09/17/17) Bob I just turned down $10,500 for a nice 4600. A nice 3600 will bring $6000.00 or better.
I have a friend that just turned down $6000.00 for a 861 diesel. Ford's rock the boat where
I live.

I could have bought a Ford 3600 a couple of years ago for $3,900, just had the head gasket replaced and was in very nice condition with good tires. Didn't need it so had to pass. Fords are pretty common around here (Central Ohio).
 
(quoted from post at 14:31:02 09/17/17) I have over $4500 in my 55 411Racine,and I cant get a bite on her at $3600.00 Guess I just have to keep her. Barley Pops all around! CM
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Chuck, What brand of tire you got on that Case? I like the looks of them!
 

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