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Discussion Forum
:

Good Deal??

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RickH

06-28-1999 20:16:46




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OK, I think maybe I've found my tractor. I've just looked at a 1962 861 w/PS, an $1100 new clutch job, and four new tires. Good tin & paint, all the guages work, the 3-pt holds a 6' bush-hog up longer than I wanted to wait to check.

The New Holland dealer who has it took it in on trade, & says it's been a mowing tractor most of its life. He's asking $4750...$6000 with a slightly used 6' Landpride bush-hog and a new 6' Landpride blade. Does that sound reasonable??

Rick Hadley

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c.f

06-30-1999 17:41:22




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 Re: Good Deal?? in reply to RickH, 06-28-1999 20:16:46  
yeah its a good deal that is if your the dealer it sounds like he is trying to make all his money off one guy



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Tommy D.

06-30-1999 08:00:51




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 Re: Good Deal?? in reply to RickH, 06-28-1999 20:16:46  
A very minor detail:

Are you sure it is a 62 model? I thought that 61 was the last year of the "Hundred Series", and the 2000 & 4000 were born in 1962.

If I am mistaken, pleae let me know.

Tommy D.



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RickH

06-30-1999 08:39:43




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 Re: Re: Good Deal?? in reply to Tommy D., 06-30-1999 08:00:51  
Well, I'm just going off the serial number list from the "Vintage Ford Tractor Resource" website, which shows both the Hundred Series & the Thousand Series being built contemporaneously. The SN's for the Hundred Series started with 155531 for '62 and mine (I bought it today), is 165230, or something like that.

Rick

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DickD

06-29-1999 18:12:21




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 Re: Good Deal?? in reply to RickH, 06-28-1999 20:16:46  
What you describe sounds great! The price seems very fair given condition, tires, etc. Try to get a warrantee or something, maybe a set of manuals too. I would jump on it if it were here in NE Georgia. I run a 641 with 5' hog and blade. I'd like to move up to something a bit bigger, with PS, 5 (or more) speeds, and live pto and to 6' hog. The 861 you describe sounds like a dream machine to me! Where is it? If you don't get it pass on the lead, ok?

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RickH

06-30-1999 08:42:48




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 Re: Re: Good Deal?? in reply to DickD, 06-29-1999 18:12:21  
Thanks Dick. I decided it was a good deal too, and closed on it this morning. I'm in Iowa, and I wound up trading in an old lawn tractor & $5000 for the 861 & the LandPride bush-hog, so don't think I got hurt too bad. Talked to the previous owner last night and he had nothing but nice things to say about it, which is what clinched the deal.

Rick



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DickD

06-30-1999 13:24:05




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 Re: Re: Re: Good Deal?? in reply to RickH, 06-30-1999 08:42:48  
Congrats and welcome!



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Dave Mischler

06-29-1999 07:54:49




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 Re: Good Deal?? in reply to RickH, 06-28-1999 20:16:46  
You could do the clutch job for around $500 worth of parts. It is work, but not that difficult. I'll bet that $1100 represents what he would get for the parts and labor.

Around here an 861 will go for around $4000 (from an individual). The new tires and power steering are nice extras.

A brand new low cost 5' brush hog can be had for $500, and new 6' rear blades start at below $200 (Land's Pride is not the cheapest). These might serve you for years if you don't beat them up, or you might really need better implements.

Will the dealer offer you a warranty on the tractor? If not, how can he justify charging more than an individual would?

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RickH

06-29-1999 08:27:19




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 Re: Re: Good Deal?? in reply to Dave Mischler, 06-29-1999 07:54:49  
Oh yeah, the $1100 was their ticket that included labor, that's a given. I also realize that the LandPride stuff is a bit heavier duty. The bush-hog does have a slip clutch which many of the $500 jobs I've looked at don't have. They're asking $850 for that alone, which is roughly half the price of a new one of the same model. I am facing some pretty heavy junk, at least for the first few mowings....

Rick

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Kevin (OR)

06-29-1999 08:52:16




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 Re: Re: Re: Good Deal?? in reply to RickH, 06-29-1999 08:27:19  
What type of transmission does it have? It is impossible to evaluate the value of the tractor without this information. I would say if it is a five speed with a two stage clutch, you are in the ball park of fair market value.



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RickH

06-29-1999 11:33:40




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 Re: Re: Re: Re: Good Deal?? in reply to Kevin (OR), 06-29-1999 08:52:16  
Yes, it's got the 5-speed with the 2-speed clutch. I guess I thought that was a given with the 861., i.e. I thought that was what the "6" meant.

Rick



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Kevin (OR)

06-29-1999 13:52:14




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 Re: Re: Re: Re: Re: Good Deal?? in reply to RickH, 06-29-1999 11:33:40  
Could be. I don't know. You could check Dan's N page.

Just wanted to make sure we weren't talking SOS.

Of course, I have an 821, which means standard was no pto or 3 pt hydraulics, of which I have both. 1960 was quite a while ago.

Sounds like a good tractor. I love mine, and the only thing that would make it better is live pto. Good luck.



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