Agree with you. On an older tractor, it would get expensive to keep protecting it since buyer pays 10% commission at 800-last-bid for cash, 13% for checks. Then he has it re-listed. After a time or two, it probably would have been cheaper to just accept what the market will pay.
There is a consignment auction by my place, guy has had his Case trackloader go through four times now. Every time it bids up to somewhere around $2700-2800. He "buys it back" at 2% of sale price. Then puts it back on craigslist for $6000. It never leaves the consignment lot. Not a bad piece, but not a lot of demand for trackloaders in our area.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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