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Discussion Forum

Re: A word about tractor values

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05-03-2002 09:49:26

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Here's my $.02. When I sold real estate we had an expression. 'It's only worth what someone is willing to pay for it'. Sellers don't like that. Buyers sometimes do. Auctions seem to make some people crazy. Especially 'Collectors'. When a guy pulls up with a brand new 4x4 and equipment trailer, wearing a John Deere hat, jacket, and belt buckle, give up right there. I met this guy (Buckle, hat & jacket)at an auction bidding on a John Deere trailer type plow. He had 17 at home in his 'collection'. He paid $250 for a 2 bottom plow with no tires. My cousin stayed at that auction for 12 hours and bought the last plow there for $25. It was still stuck in the weeds and no one looked at it, but it was a JD plow. He saved $225, but it cost him another 8 hours. I don't go to auctions anymore unless I'm looking for entertainment. Sometimes you luck out and get a bargain, mostly not. Caveat Emptor guys.

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