market for 40 year old tractors

olliekid · Jan 4, 2012

What would you say the market is like these days for 60's and 70's tractors? I would say it is not too bad because it seems like the JD 20 series still brings a pretty penny along with the IH 1066. Just wondering if you guys think that market will drop off like the 50 and 60 year old tractors have.

Just wondering everyones opinions.

Fordfarmer · Jan 4, 2012

Around here, prices are down across the board on all ages of tractors... to some degree. Certain sizes sell well, seemingly with no regard to age. Ford 4000's and 5000's are good examples. It's hard to find a diesel/8-speed in good shape for less than $5000.

olliekid · Jan 4, 2012

yeah i would say every brand has at least a few models still selling well. But yeah the ford 4000, 3000, 5000 sell very well. same with the 7610 and that series.

dhermesc · Jan 4, 2012

Condition is everything. A slick 856 will bring $10,000 and a slick 4020 with bring $12,000+ in my neighborhood every day of the week.

mark in boonville ny · Jan 4, 2012

ya 10 series for ford are one of the best selling and tw series.

wisbaker · Jan 4, 2012

I think the newer stuff has another funtion of value, how useful they can be/are in a working operation, most of the real old stuff is to small, doesn't have live power or adequate hydrauics or power steering, the 60s and 70s stuff does and it's big enough to run a haybine, smaller forage harvester, baler, and a silage blower, silage wagon, grain trailer and such.

olliekid · Jan 4, 2012

thats the reason i believe they hold a lot of value compared to tractors 10 years older.

samn40 · Jan 4, 2012

100 and 200 range masseys sell real well with a big demand for export. Old, real beat up 100 series are selling for 3- 4 times their new price. 300 series are making more than they cost new!
Sam

oldtanker · Jan 4, 2012

I've noticed that certain models have tanked in price in the last 6 months or so. Lot of older tractor have been replaced in the last couple of years so there are more on the market. Some others like the ones mentioned have maintained their value.

Rick

BANDITFARMER · Jan 4, 2012

The tractors from the 60s and 70s are good solid built tractors, You don't have to be a rocket scientist to work on it. The newer it gets the harder it is to work on and to many electronics. When the 5 year old JD brakes down you have to call the service man to come out and hook his computer up to it to find out whats wrong with it. Not for me, If in 10 or 15 minutes of trouble shooting you can have it running and away you go. Those old tractors were well built and they made high numbers and there is good parts supply for them. Here is an example.. How many 4020 did they build? What is the next model of JD that they sold as many of and what is the price difference from new to what they now bring? A good late 60s tractor will bring as much now as they cost new. Bandit

Ken Macfarlane · Jan 4, 2012

Prices way down here on anything without ps, wfe, 3 pt hitch. Off brands are down too. Ford's are staying high. White/Olivers seem to be a screaming deal lately, nice 2-85's are 5000$ to 6500$ with new tires and good over-under box.

olliekid · Jan 4, 2012

can you find me one? hah probably too far away for me. 2-105 around me just brought 11k.

olliekid · Jan 4, 2012

agreed. If i was around back then, and had money, I would've bought some olivers, whites and as many 4020's as i could afford. Then I wouldve farmed with the olivers and whites, then sparingly used the 4020's and resold them in mid 2000's and made A LOT of money. One around me brough 34,000 because it had 1300 hours and original paint.

olliekid · Jan 4, 2012

aint that the truth. 4020's have basically been recession proof.

VicS · Jan 4, 2012

You guys are right about 100 to 130 hp tractors but if it is to big for a 540 pto not worth much. I think all little tractors are down. the reason is the new little tractors can be bought on payments!and once you experience a hydro who wants to go back. Our local Kubota dealer (which is a motorcycle dealer first) says little (30 to 45 hp)tractors is what is keeping them going. In the last 3 years there is at least a dozen new 4X4 with loader tractors I can think of, including ours! Vic

JBMac · Jan 4, 2012

You said it, made some good money on 175"s heading south of the equator lately or Mexico. Didnt trust it at first, but a rollback shows up from south florida, guy looks it it over tries to beat me down $300, tell him no deal, counts out crisp $100 bills loads it and leaves.

5020s rock · Jan 5, 2012

let me know where these cheap tractors are.
in the last 3 weeks ive seen non running 4020's
bring 3,800-4,800. one yesterday brought 11,500.
and oh yes, the 4000 nf for 28,600......

northvale · Jan 5, 2012

they hold their dollar amount, but the dollar is not holding it's value. Dollar has lost 50% in 25 years. It's called inflation, it is very much intended, and is how the Feds plan to work out of their debt. They have been doing so since WW2 and now need to do it even more. This is no joke. We savers lose big time.

dej(Jed) · Jan 5, 2012

(quoted from post at 16:29:04 01/04/12) What would you say the market is like these days for 60's and 70's tractors? I would say it is not too bad because it seems like the JD 20 series still brings a pretty penny along with the IH 1066. Just wondering if you guys think that market will drop off like the 50 and 60 year old tractors have.

Just wondering everyones opinions.

For the most part you guys are pretty optimistic about sales. Here in western, pa I am not seeing it. The Ford 2000/3000/4000/5000, etc. have always been desireable tractors and when they come up for sale they do well. The cute little new tractors are just what the market needs. Guys can finance them, make payments and when the divorce comes , she is responsible for 1/2 of the payment,. It is a win/win situation. Maybe the economy in our area is extra bad because every tractor jockey I know isn't selling much of anything these days. A couple of sales every now and
then doesn't mean the market is booming......Far from it!

JOCCO · Jan 5, 2012

My opinion prices are down on older stuff as it is not quite collectible and people want newer (better) like the kubota sub compacts. There are exceeptions.

oldtanker · Jan 5, 2012

A lot depends on the brand and size. Most of the utility sized tractors are holding thier value but in my area you are starting to see 40-125 HP tractors drop for the most part.....except the JD's and a few of the IH. Lot of guys in my area have traded that size tractor up in the last 2 years, say trading an old 806 IH for a newer tractor in the same HP range. Even the 86 series have come down a couple of grand here in the last 6 months. Same with some JD's. The 20 series seem to be pretty stable but the 40's are starting to come down a bit too. The ones that have really taken a hit are the "off brands" like Oliver, MM, AC and Case. Don't have many MF in the area to judge on. The Fords seem to be pretty steady too like the 7000-9000. I'm in the market for a 40-70 HP tractor right now so I've kinda been keeping an eye on it.

Rick

buickanddeere · Jan 5, 2012

(quoted from post at 19:29:04 01/04/12) What would you say the market is like these days for 60's and 70's tractors? I would say it is not too bad because it seems like the JD 20 series still brings a pretty penny along with the IH 1066. Just wondering if you guys think that market will drop off like the 50 and 60 year old tractors have.

Just wondering everyones opinions.

here will always a steady market for a tractor that will park in a standard automotive garage and trailerable on a class III bumper hitch. Those tractors with a real drawbar ,3pt ,12v lights,scv's,live pto and live hydraulics plus diff lock will worth more.

market for 40 year old tractors

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