Found an 870. 7200 hrs 1970 model by serial number. Everything works, always shedded. Is $3500 a good deal?

Joe Young said: (quoted from post at 09:02:58 12/22/11) Flewster There are a number of things that will influence the value of your your Grandfather's 870. Has it ever been overhauled? At 7200 hours you may have a couple of thousand dollars (at a minimum) of expense in your future if the tractor has never been overhauled. Does it have a cab or is it an open station? What condition are the tires? Has the hydraulic pump been replaced. If equipped with Power Shift, does the power shift work well? You said it has been kept inside, but what is the condition of the tin? Is any of it missing? Is there any surface rust? When was the last time the fuel pump and injectors have been serviced? As you found with your DC restoration, it will be very easy to get at least another $1000 (probably a lot more) invested in your new find. Bottom line is there are many 870s out there worth much less than $3500, and a few that have been restored or maintained very well that could be worth more than double your price. One last thing. You are right to be concerned about being fair to your Grandmother. She deserves no less. That being said, I would guess she wants YOU to have the tractor. Talk to her and express your concerns, and then listen to her..... - Joe

Thank you Joe,

Just to answer a couple more questions. It is an open station. Tires are abouve 60% but one front is an old truck tire due to grandpa not using it much the last few years (he farmed till he was 83 and died at 87.) (if ya take the farming out of an old man ya might as well take their life too) I do believe it was overhauled at around 5000 hrs but not sure and neither is Grandma as she said she left all that stuff up to Grandpa. All the tin is straight, bright and no rust. Not sure about hydrolic pump though. It is a standard 8 speed and it shifts well. Not sure if that is powershift or not. I just know it is not a COM. Tractor starts fine and seems to have no problems. I ran it many years ago in the 80's working for Grandpa while in high school. Sat a many, many hours on that tool box beside him as he was my Grandpa, my dad (they raised my sis and I) and my hero and my very best friend in the whole world........The tractor means a great deal to me and Grandma knows that. I took the old DC out of the weeds and fixed it and use it each day on my place. Just want the old 870 to replace my D-17 and have one more piece of Grandpa on my farm. But on the flip side I don't want to cheat her as she knows nothing of the value and for that fact neither do I. I just am going by the tractor blue book value listed. Going about mid value as it is not mint nor is it trash. Grandpa took very good care of his equipmnet. I wish like heck I would have rescued the old 58 Gleaner A combine.
This post was edited by Flewster at 07:32:20 12/22/11 3 times.

Never owned a 870, but had a chance to operate one owned by a guy where I was shelling corn. Had 8 speed gear drive, open station.

I thought this was the sweetest working tractor I had ever driven. I had a 1070 PS tractor at the time and would have traded the guy even for the 870.

Gene

I would say thats more than a fair price. Dad bought a descent 970 with cab and recent engine work for 4,000 last summer.

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Thank you John. It is my late Grandfathers tractor. I have his DC and I just pulled the head on to do some valve work. Grandma offered me the 870. I used the tractor blue book and shot her that figure and she said ok...........now im wondering if I am cheating her? I dont want to chheat her but can't afford much more anyway. If I buy it I will have his first new tractor and the last new tractor he bought. Then I will just have to find an LA to fill the gap.

Flewster

Your price is reasonable and fair. John's declaration of $15K for his 870 is more about the value he assigns to his copy of one of the best machines Case made. I too have a couple of tractors I value considerably above normal market value. That being said, I would offer that John may have a hard time finding a buyer that would assign the same value to an 870...no matter the condition. If that buyer can be found....we have several more "opportunities" for him/her.

There are a number of things that will influence the value of your your Grandfather's 870. Has it ever been overhauled? At 7200 hours you may have a couple of thousand dollars (at a minimum) of expense in your future if the tractor has never been overhauled. Does it have a cab or is it an open station? What condition are the tires? Has the hydraulic pump been replaced. If equipped with Power Shift, does the power shift work well? You said it has been kept inside, but what is the condition of the tin? Is any of it missing? Is there any surface rust? When was the last time the fuel pump and injectors have been serviced? As you found with your DC restoration, it will be very easy to get at least another $1000 (probably a lot more) invested in your new find.

Bottom line is there are many 870s out there worth much less than $3500, and a few that have been restored or maintained very well that could be worth more than double your price.

One last thing. You are right to be concerned about being fair to your Grandmother. She deserves no less. That being said, I would guess she wants YOU to have the tractor. Talk to her and express your concerns, and then listen to her..... - Joe

I wouldn't take $15,000 for our 870. If one were to seriously consider what models were some of the greatest CASE Tractors ever built, the 870 would top the list.

Would agree with that,they are an awsome tractor,and that is a very good price,Id grab it before someone else does

excelent I would say