Anyone notice used equipment not selling???

JOCCO · Oct 12, 2015

Around me anyway; antique tractors, construction and industrial equipment, commercial trucks etc. One swap sell guide seems to have same stuff this fall as it did in the spring. Seems less people are buying using this stuff like logging items, bulldozers and so on. Seems a lot of people go for new on compact tractors lawn garden and common implements. Was wondering if its just a regional thing?

Nathan (SD) · Oct 12, 2015

Most of the stuff that is listed for 6 months has a price that is double what it is worth. The price of scrap drove up the baseline price for alot of items for the last 5 years.
Auction prices are only down slightly in my opinion.

Thats around here anyway.

rrlund · Oct 12, 2015

I checked the results of an auction from September 24th that had a tractor on it that I was curious about,couldn't belive how cheap things went. It was an auctioneer here who can get top dollar out of anything too. A White 2-105 with factory cab brought $2500. A 1070 Case brought the same. An Oliver 1750 diesel sold for 2800 and a 70 for 725. There was a White 5100 six row planter with dry fertilizer that sold for $1000. Most everything on that sale sold that ridiculously cheap.

JOCCO · Oct 12, 2015

No doubt price plays a key role the $3000 8n Ford vrs the $600 one

JOCCO · Oct 12, 2015

RR: I am not up on some of those items but it does sound cheap!! Oliver 70 never seems to bring much money. You didn't miss much on the 105 YOUR MONEY WOULD BE BETTER SPENT ON THE OTHER COLOR GREEN!!! It goes back to my thoughts that the market is tight for some of these items.

01gentdc · Oct 12, 2015

scrap prices have a lot more to do with prices than you mite think ,.. buyersmarket !!!

screwloose · Oct 12, 2015

I've had a john deere skid steer loader, john deere backhoe, freightliner dump truck, eager beaver 20 ton trailer and a few other things for sale for a year now. My prices are NOT high, if anything they are fair or even below value. Skid steer, everyone wants pictures then never hear from them again (tire kickers), a few have tried to offer less then what I want which is already on the average to low side (tire kickers). Not any response on the dump truck, a couple asked for pictures of backhoe (tire kickers) , one responded to the trailer, the only thing he said was what is the least you will takd for it. (Tire kicker)

Mike M · Oct 12, 2015

I see that in Ohio too. Guy up the road has stuff to sell I would say he is an equipment jockey. Seems to play the shell game. You see something then it's gone for awhile. Then it shows back up ?

I have had ALOT of bad luck with craigslist lately too. A lot of people really sound excited but then are no shows or you can't get back ahold of them ? I did sell a 2000 Honda CRV on there though. So it was worth what I paid for the ads ! LOL.

LAA · Oct 12, 2015

The economy is dead in oil country and a lot of other places are affected as well by the downturn and depressed grain prices and the slumping cattle market, people bought a lot of equipment in the last several boom years and now the market is correcting. Good time to buy.

Galen Houk · Oct 12, 2015

Prices vary. If you are patient enough there are some good buys out there. Common 50's and older tractors are very low probably partially due to low scrap and partly due to no demand. Some auctions are high and some are very low. Many people think that there is just more supply than demand and that demand will continue to go down. I sell a few tractors and haven't noticed a slow down but I buy cheep and sell cheep.

RandyB(MI) · Oct 12, 2015

Just speaking of the antique stuff and JD in particular (but I'm sure other brands are same) the market is flooded. All the old timers with 50-80-100 tractor collections are dying off and/or getting rid because of health issues. Look in Green Magazine every month their at least 5-6 large collection auctions and many local ones that don't get in the magazine. A collector here in Eaton Rapids MI just let about 70 of then go a couple years ago. Collectors down and supply waay up. Good for some , bad for others. The smart speculators will figure it out, they always do.

JF in MI · Oct 12, 2015

Many folks talk about an item being properly priced. "Value" is a arbitrary term that varies greatly between buyer and seller. It is strictly what the market, at the time, will bare. I have known lots of people that waited for years, on items from tools to houses, waiting for the sale price they thought it was worth, only to die and the inheritors selling the same quickly for much less. Then again, (and you know who said this); 'Look at this. It's worthless - ten dollars from a vendor in the street. But I take it, I bury it in the sand for a thousand years, it becomes priceless. Like the Ark'.
But can you wait that long?

MSM · Oct 12, 2015

There is not alot of money around. People don't have $7=10K to buy used,BUT they can sign on the dotted line with zero to 2 percent financing,and little to nothing down and come away with a new tractor,skid steer or backhoe.

Nick m · Oct 12, 2015

Wish I'd have spotted that auction. I could use a cab tractor in the 100hp area.

rrlund · Oct 12, 2015

I've been looking for a good 105. There was one on a sale a month or so ago with 2200 and some odd hours that brought $6500 and I thought that was a heck of a bargain. I've got a 135 and it's too big for most haying jobs. I have an Oliver 1850 too,with the 354 Perkins like the 105 has,but no cab,so a 105 or 2-85 would fit right in.

J.Wondergem · Oct 12, 2015

Well the base of all used prices just dropped again this month. It was sixty bucks a ton, now fifty. Then if it has tires, they deduct for them too.

730virgil · Oct 12, 2015

neighbor Le Roy went to a consignment sale a week or so ago and bought Kawasaki Mule for daughter for 700 dollars and a golf cart for 200 dollars.
yes they are used i wonder if prices on consumer goods are starting to drop off.
our economy is not as good as media wants us to believe.
heard on radio today probalay will not have SS raise this year in spite of health insureance is going up.
Mrs 730's and mine has went up 60 dollars a month Oct 1.

Brown Swiss · Oct 12, 2015

You mentioned construction and industrial equipment, commercial trucks etc. Not that everyone and there brother are in that business, and they don't want some wore out machine to try and use, good way to not get hired again if you keep breaking down!

screwloose · Oct 12, 2015

Yeah my skid steer has 9xx hours, new tires, heat & air, tooth bucket with very very little wear, comes with forks also all maintenance records since new. Backhoe is the same except it has 4,900 hours, comes with 4 buckets and front forks, freightliner has 73,000 miles enough said,

Spudm · Oct 12, 2015

Tell me about it. Been trying to sell a Ferguson TO-20 tractor for $1,500 for quite some time. Just not much interest in it. Nice little tractor though....West Michigan.

Traditional Farmer · Oct 12, 2015

At any auction almost everything will sell at some price so if something isn't selling then its priced too high for the market at that time and place.There is no such thing as a
'set price' on anything if you want to sell something keep lowering the price sooner or later it'll sell.

the tractor vet · Oct 12, 2015

Not much is selling , does not matter if it is a car track or tractor Bull dozer or what . Been looking for a newer ride for the War Dept. Stopped by one dealer lot during the day and was decended on like road kill by a pac of Valtures . I told them i was JUSY LOOKING and they wanted every tiny bit of info so they could get started on the financing . NO i am just LOOKING and from what i see you do not have anything i want or even the slightest interested in. The he trys and tell me that they are selling a 150 plus units a week. Dang i was in there Sunday and they still have the same cars trcks and vans as they did a month and a half ago. Stopped off at another dealer and was talking to and old friend that tried to sell my daughter a new Chrysler 200 to back in Dec. 26 and when we tossed the deal and walked guess what that car is still there . I asked him if he wanted me to LOAN him ten buck so they could get that car a shave and haircut since it has been there since Sept. of last year and i would also throw in a box of salt and pepper so it would taste better while they CHEWED ON IT.

Spook · Oct 12, 2015

I've got a neighbor that wants to sell a backhoe, D4 dozer, and a MF165 tractor. All of it is 30 plus years old, and while it runs, it all leaks, and looks tired. But he wants $10K for the dozer, $6k for the backhoe, and $6 k for the tractor. It just isn't happening.

And dealers have cheap financing, easier to finance a new machine than a old machine.

Billy Shafer · Oct 12, 2015

In my part of Texas oil country. You can't give much away. I know one guy that has dropped his asking price down 1500.00 dollars. Still can't sell it.

donjr · Oct 12, 2015

Just went to a sale Saturday, and bought a 224 baler for $300. 730D brought $10K and a 4020 brought $28K. Everything else went cheap.

Hogleg · Oct 17, 2015

Found this one yesterday on CL. So. Ill area...

http://carbondale.craigslist.org/grd/5271605762.html

John

Anyone notice used equipment not selling???

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