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Implement Alley Discussion Forum

Value of a New Holland 56 rake

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SM in Wi

07-10-2005 18:43:11




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I have a New Holland 56 rake im thinking about selling. I will repaint it, and put new decals on it, so it looks like new. May dad bought it new in 1962 and it was used on a small farm. Whats top $$$ for a 56 rake?




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SM in Wi

07-11-2005 03:12:39




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 Thanks guys in reply to SM in Wi, 07-10-2005 18:43:11  

But let me tell you. Their is not one thing wrong with this rake. It was outside in the summer more then it should have been so thats why the paint is not so good. Didnt have the shed room like we should have had. BTW it has dolly wheels also. Home made, but work and look as nice as if they were from New Holland.



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BobMo

07-11-2005 04:58:58




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 Re: Thanks guys in reply to SM in Wi, 07-11-2005 03:12:39  
Don't let some of these guys discourage you with the paint. Some people, I for one, like to keep their equipment looking good. I do a lot of maintenance and that includes paint. At the end of every season I power wash, replace worn or damaged parts, grease and touch up. I almost never have a break down during haying season. Make it look good and be proud of it. Good luck.



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paul

07-11-2005 06:35:07




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 Re: Thanks guys in reply to BobMo, 07-11-2005 04:58:58  
Don't misunderstand - a good looking unit is great.

The problem is, we have too many consignment sales around here, where the fellows bring in shiny stuff with new paint on it. And that is the _only_ maintenence that was done on the thing for 20 years. Paint it up to look nice so the worn out junk sells.....

Gets to the point that anything with new paint & no use is considered suspect.....

Dolly wheels have never been popular around 'here' either. Some places it sounds like they are real popular.

Me, I use the 3pt hitch to adjust the hight of the rake on the fly, dolly wheels would be a downgrade. As well, folks around here don't like the extra set of wheels pressing down the hay. And, harder to back up & manuver on small odd sized fields....

So, just being honest - where I am, all the 'features' listed would actually hurt the sale of this rake in my neighborhood..... .

Now, your rake well maintained and also used would look like a good deal at a sale, & I would pay a lot more attention to it than one with fresh paint dripping off each tooth..... How it is. There is a difference in what you are doing & what this person preposes to do. You 'make it work' and he wants to 'make it pretty'.

--->Paul

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BobMo

07-11-2005 06:57:03




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 Re: Thanks guys in reply to paul, 07-11-2005 06:35:07  
I couldn't agree more. I do see items at auction that the only maintenance they appear to have had is paint. I discount those immediately.



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SM in Wi

07-11-2005 12:23:45




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 Re: Thanks guys in reply to BobMo, 07-11-2005 06:57:03  

When and if i sell my rake. It will work as good as it looks! Other then maybe a few teeth missing, it works as good as when it was new.



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Indydirtfarmer

07-11-2005 02:35:05




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 Re: Value of a New Holland 56 rake in reply to SM in Wi, 07-10-2005 18:43:11  
There isn't much hiding a problem with a hay rake. A paint job won't cover any real problems, in my eyes. Although paint won't add much to the real value, it won't hurt a thing. If I have the chance to pick between two rakes, both being in the exact same shape, one painted, the other in its original condition, I might favor the one that looks new. (Paint protects metal. NOTHING wrong with that)

#56 rakes (in good shape) sell like hotcakes around here. I saw one sell last week for $1100. (With "dolly wheel") Most go for around $800 in good shape. (256's sell for upwards of $1500 here, in any condition)

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paul

07-10-2005 20:49:56




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 Re: Value of a New Holland 56 rake in reply to SM in Wi, 07-10-2005 18:43:11  
When I am looking for a piece of equipment such as that, I shy away from something with new paint & new decals. It tells me something is not right with it as the seller only made it look pretty & used paint to cover up real mechanical problems.

I would spend $400-600 locally for such a rake in it's present condition where I can look over it's real condition, and about $100 less if it were painted up so I can't see what shape it is in.

The painting is fine if you keep it 3-5 years & use it again, then I would again be able to look it over & see how it is working.

Fresh paint works if you are selling to yuppies. Decreases the value if you are selling to seasoned farmers. Been burned too many times on the fresh paint junk to go there again.

--->Paul

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Tim IN

07-10-2005 19:33:18




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 Re: Value of a New Holland 56 rake in reply to SM in Wi, 07-10-2005 18:43:11  
You may not want to take the time and effort to repaint it. Because it seems sometimes it may not positively effect value. In good used condition, I would say between $500 and $900 is where most sell at around here.



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