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720 diesel and a G

J

Jake Knochel

New User
Can"t believe that these 2 two tractors don"t appeal to anyone that are looking for good straight tractors. People are getting 7k for a rust bucket 720 gas and can"t even get a call for 10k on mine that"s beautiful, both of these tractors have no sentimental value to me but may others.
a121979.jpg

a121980.jpg
 
one of the guys raffled of his 720. it was a beautifully restored tractor thoroughly gone through
and was asking 10k . he sold raffle tickets at tractor pulls and got his 10k . the bad thing about this is he had 12k in it .
 
John Deere tractors are over priced, so maybe that is the reason no one calls.
I know people will say it cost a bunch to restore them, but its something if a person is trying to make a profit fixing them up they might not come out too good.
 
20 years too late putting those tractors on the market. Collections were being built and bought 20-30 years ago.Collections are being dumped as owners are dying.
Farms are getting larger and more corporate. Not a family operation with heritage.
1960"s and older tractor values are headed the same way as Model A Ford prices have.
Tractors that hold the value best will park in a standard auto garage. Will tow on a rented U-haul car trailer. And have live pto, live hydraulics and modern three point hitch.
 
Holding value or over priced? They still have the original manufacture and parts .
Check new price as well. Deere is not any more $ than all the other Fiats.
 
I hear that ! Back in the early 90's in Ohio anyhow people were paying BIG dollars for repainted tractors that were not very good mechanicly. Sometimes I wish I'd of liquidated back then.
Same way with guns and ammo right now. In a few years I'll wish I'd of liquidated now.
 
Jake,
I"m 76 and I see a trend that guys who did not farm with pre-1960 tractors are not emotionally attached to those tractors, unless it is a "family" tractor. So no interest, no value.

As for value of an item, the true value is what the prospective buyer will pay, not what the seller feels it is worth.

My old Farmalls that I dearly love have dropped like a rock in value as younger guys relate to the big diesels with power this and power that.

Time moves on...and us older guys are getting run over by it. Reminds me of the saying "Progress was OK for a long time, but now it is getting out of hand!".

LA in WI
 
Sometimes it takes time for a buyer and seller to find each other. You just posted those ads and expecting a quick sale is not going to happen. If I have one for sale I put it out by the road and put my price and phone number up with it. You might be surprised at how many people will stop and look it over. Eventually I have been able to sell all of mine this way.
 
I attended the Two Cylinder Club's annual auction this past Sat. 720 and 730 tractors in pristine museum condition brought big money.

Other tractors in good/average condition brought less money than they would have a few years ago.

Collectors in today's market seem to really want quality. If you hire restorations done owners of pristine quality tractors probabily broke even at best.
 
Been discussed somewhere else here on the board today but just more tractors than there are folks wanting to buy them. Supply and demand. I can think of 3 or 4 Gs within 100 mi of my house that have been for sale for some time now.
 
Seems like quality restorations bring a lot of money still. Not much else.
To some, anything with a chrome stack is a "kids toy" or a pulling
tractor or some other type of abused tractor.
Not likely to bring top dollar in my neck of the woods.
If you're posting pics from an iPhone or iPad, they will look right to you,
but sideways to most anyone using a Windows PC or laptop.
 
Both have been completely gone through and are obviously way too nice for the 2 guys knocking the chrome!! Apparently you haven"t seen 80% of tractors in Michigan
 
(quoted from post at 21:43:52 07/15/13) Both have been completely gone through and are obviously way too nice for the 2 guys knocking the chrome!! Apparently you haven"t seen 80% of tractors in Michigan
Click to expand...
I live in Michigan. Ionia County.
I wasn't knocking chrome, I was pointing out why (to some) it
wasn't a "restoration" that would qualify as a quality job.
To some collectors, if one piece is obviously wrong, they assume
other details were overlooked as well. And they may be right.
 
Jake you are 10-15 years too late. The big money for JD 20 series two cylinders was then. Everyone was building their collections. The "hot" tractors now are the new generation tractors.

The market right now on your JD 720 diesel, Standard, pony start would be more in the $7500 range. The lack of three point and the pony motor really hurt the resale on them. Many of today's collectors want a tractor they can do something with. That may be move some snow or use a rotary cutter but they want to be able to use it. The lack of three point really hurts. Also the Pony start is a killer price wise. Many guy don't understand how to start them and want nothing to do with them.

The collectors for a tractor like your is not a guy that grew up on one. He has an non farm income that allows him to buy expensive toys. He wants some comforts on his toys. That is the drag on the pony motor and the non three point.

Also on your JD "G" the market dropped on them about 5 years ago. The tractor pullers where driving that market up and they have switched to other things. So one like yours would be hard pressed to break $5000 in todays market.

I looked up your ads. You just state that they run good. You do not say they have been gone through. It makes it sound like they have just be painted not restored.

I hope you get them sold but I think you will have to really come down in price to get it done. The big money requires them to be rare. Yours are not common but are not rare either.

Best of luck.
 
I've walked away from electric start tractors and bought starting engine tractors instead. I want something that will cold weather start.
 
A chrome pipe, an alternator, no fenders , no pto cover and non JD gauges are alway a reason to pass on a "restored" tractor.
 
(quoted from post at 02:21:53 07/16/13) Jake you are 10-15 years too late. The big money for JD 20 series two cylinders was then. Everyone was building their collections. The "hot" tractors now are the new generation tractors.

The market right now on your JD 720 diesel, Standard, pony start would be more in the $7500 range. The lack of three point and the pony motor really hurt the resale on them. Many of today's collectors want a tractor they can do something with. That may be move some snow or use a rotary cutter but they want to be able to use it. The lack of three point really hurts. Also the Pony start is a killer price wise. Many guy don't understand how to start them and want nothing to do with them.

The collectors for a tractor like your is not a guy that grew up on one. He has an non farm income that allows him to buy expensive toys. He wants some comforts on his toys. That is the drag on the pony motor and the non three point.

Also on your JD "G" the market dropped on them about 5 years ago. The tractor pullers where driving that market up and they have switched to other things. So one like yours would be hard pressed to break $5000 in todays market.

I looked up your ads. You just state that they run good. You do not say they have been gone through. It makes it sound like they have just be painted not restored.

I hope you get them sold but I think you will have to really come down in price to get it done. The big money requires them to be rare. Yours are not common but are not rare either.

Best of luck.
Click to expand...

What missing three point hitch on Standards? Just some cheapskates deleted the rockshaft to save a few bucks. Some would have deleted to seat too if it would have saved $50.
Both the 70D standard delivered to Hamilton Ontario branch and the 720D standard relieved to Saskatchewan were factory equipped with rockshafts.
 
ever heard of a tank heater? maybe they don't have them up your way yet,why would anyone want to mess with a pony engine is beyond me,I drove a 720 once, biggest ackward pos I ever drove
 
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