What do you guys see happening to the value of tractors in the future???? The guy with the g and 720 post got me thinking and i am in agreement, older stuff is not moving good. Is the restored 1940 Farmall or deere going to be worthless???? Looking at old cars they ask these prices but they don't seem to move or it takes long time. Also seems a lot of people does not have the disposable income like 10 years ago??? thanks all
- Thread starter JOCCO
- Start date
Meangreen
Member
A lot of it is a shift in the market. The boomers are supposed to be the ones with money and generally want the stuff of their youth. I know in the car market a fully restored Model T would bring big money about 20 yrs ago, but now they don"t bring all that much because the market has shifted to the muscle cars. Tractors will probably do the same over the next few years. There will always be a buyer, but just not as many competing for it, which will drive prices down.
Dan T in MO
Member
I also collect antique outboards and we had this same discussion over there. The consensus seems to be that as folks get into collecting old internal combustion, they tend to gravitate to what was popular when they were young. Sure, you'll still have a few folks like me that are into stuff much older than they are (1920s Johnsons and Letter series Farmalls), but as the younger folks come into the hobby, the date of stuff they are after creeps up.
People don't have the money to play with as much anymore. It's more than the cost of a tractor. It's truck, trailer and tools they may not own too. Plus most, most not all kids/young people are just not interested in tractors. I know that my oldest boy like old tractors. He would never attend a tractor show for a weekend. The evening entertainment is his stopping point. He hates bluegrass and country (he's 39 now). 2nd son likes the new stuff and the 3rd likes cars.
Heck who wants to listen to a kid whine all weekend because they are away from friends, the net/Xbox, they are bored looking at countless IH H's or JD A's? They don't want to sit and talk about the "gold old days" and so on. So a parent who might like to own an old tractor buys an ATV, boat and jet ski. Just so they don't have to put up with junior. At least then they can enjoy the weekend to without the complaining.
Rick
Rick
Heck who wants to listen to a kid whine all weekend because they are away from friends, the net/Xbox, they are bored looking at countless IH H's or JD A's? They don't want to sit and talk about the "gold old days" and so on. So a parent who might like to own an old tractor buys an ATV, boat and jet ski. Just so they don't have to put up with junior. At least then they can enjoy the weekend to without the complaining.
Rick
Rick
If you are looking to profit from old tractors, forget it, that ship has sailed 5 years ago. It isn't ever coming back either, cause it will sink with the economy. Come on guys looks at CL, YT and the other sites. 90% of the tractors don't sell. They just keep repeating the ads over and over. Guys paid way too much in the first place and now they are stuck with them.
I think old tractors always remain popular at shows, tractor pulls and museums, but their prices have definetly peaked. Rare and perfect restoations will hold their prices as the high rollers will buy them but the average restored but long obsolete tractor will fall in value as owners age and liquidate their collections.
Old motorcycles are gaining popularity as muscle cars get rarer and more expensive. Late 1960's to 2000 bikes in relatively good condition (Honda 750, Kawasaki 900, etc.) are inexpensive to buy, easy to work on, parts are available, they fit in a corner of a garage, they are easy to drive or transport, cheap to insure and they are fun to drive in about any neighborhood. Electricals seem to be the most common problem.
If you can find an old bike in original condition, $2000 total and a little work will get a very useable old muscle bike with good preformance, nice paint, new tires and new brakes. Like tractors, you can buy a restored bike for less than it costs to restore one.
Old motorcycles are gaining popularity as muscle cars get rarer and more expensive. Late 1960's to 2000 bikes in relatively good condition (Honda 750, Kawasaki 900, etc.) are inexpensive to buy, easy to work on, parts are available, they fit in a corner of a garage, they are easy to drive or transport, cheap to insure and they are fun to drive in about any neighborhood. Electricals seem to be the most common problem.
If you can find an old bike in original condition, $2000 total and a little work will get a very useable old muscle bike with good preformance, nice paint, new tires and new brakes. Like tractors, you can buy a restored bike for less than it costs to restore one.
Since 911 the market has dropped on almost everything.Grain farmers are doing well,but not much else.Companies are making good money by not paying overtime and not paying for health insurance.A lot of the older tractors are off 30-40% in value.I've seen tractors advertised for over a year and not selling.
guys that want those tractors pre-60's are getting old and either have one or want to get away from them now . I think getting your money out of those restorations has gone past the peak of interest . tractor pulling is at 1/3 the level here it was 5 to 8 years ago . wait another 10 years and it may come back but the way the economy is I doubt it .
There is hardly nothing out there now that you can,t buy cheaper than you can fix one up. Buyers market now days. Seems some of the folks over on the photo adds here have not figured that out but just not as many buyers as they are sellers. I see it ever day, some guy has spent 3 thousand on a M farmal now thinks he has a 4 thousand dollar tractor. Doubt that we will ever see the good old days again.
Geo-TH,In
Well-known Member
Both of my children moved to the city. They will sell my tractors and tools. A homeowner's organization tells them they can't even have a storage shed unless they attach it to the house.
You never where your children will end up. Both mine, after graduating college, had to move to find jobs, typically called a brain drain.
You never where your children will end up. Both mine, after graduating college, had to move to find jobs, typically called a brain drain.
folks have to remember mainly we dont restore these old tractors tomake money at the end sale like a classic car ect, for most of us here its about the memories, many of us grew up running these machines, thanks to time and fading minds we remember the good times on them and not so many of the bad, like the long hot endless days,the dust the hay or stalk cuttings down your shirt ect, we do it because we like it , me i also do it because i enjoy running them still i still use mine to make money and when taken to town to do something i find a lot of neighborhood younger people have never been that close to one of these old machines much less touch it and sit on it its kind of neat to explain how it works to them and that there are no electronic boxes or automated systems on these old units in th emany trators ive brought back to life ive never found a way to make money on any of them, but ive sure made some people happy with them
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