Tractorhouse overpriced?

marcusoverholtzer · Mar 8, 2017

Looking at JD 4020 diesels on Tractorhouse to get an idea what mine is worth and these ones that look like mine which is really rough are from 6 to 10k. Are they really worth that or are they overpriced? Marcus

coonie minnie · Mar 8, 2017

Maybe kind of both. It depends on a lot of things... if it's been for sale on there for 10 months, then it is overpriced. If it sells relatively quickly, then somebody thought it had value.

THere are some ugly ones that are pretty sound horses. And there are some where they are ugly inside and out. Those kind of things affect value.

NY 986 · Mar 8, 2017

On average yes but TH does not say what the final price is for an item that is for sale. Just the items up for an online auction. As Coonie said the quality range is all over the place making it hard for general statements to mean too much.

Mike M · Mar 8, 2017

Those are mainly dealer listings at asking price. Now some may take trade ins so they have a price cushion added to work with. Dealers may also have to stand behind with some sort of a warranty that for sale buy owners aren't obligated to stand behind sales.

rick deere · Mar 8, 2017

if you look on there 10yrs from now they will still be there. People use those prices to up prices. If someone comes and looks at yours and think you are to high on the price take them and show them the prices on there they will probley buy yours thinking they gat a good deal.

Dave H (MI) · Mar 8, 2017

Every time I am looking for something people tell me to look on TH. I have found them to be overpriced as a rule. I think I bought the 1586 from a source there, but it was a good one.

marcusoverholtzer · Mar 8, 2017

They do have a lot of tractors on there which is why everyone looks there problably...

David G · Mar 8, 2017

I think most any running 4020D will bring at least 6K-8K

David G · Mar 8, 2017

I think you get a lot more tractor for the dollar if you avoid green.

rrlund · Mar 8, 2017

Year and condition make all the difference. Machinery Pete was talking about this just a few weeks ago. Average price for a 1964 was something like $6700. 1972 was over $10,000 if memory serves me right.

tomstractorsandtoys · Mar 8, 2017

At a sale yesterday they had a early 4020 with a 404 turbo combine engine with blowby and a beautiful paint job. They had money at $11,000 and owner wanted $15,000. That was way overpriced.Another 4020 just average sold for $7500 and a 4020lp sold for 4500. Tom

Married2Allis · Mar 8, 2017

Marcusoverdrive, alot of dealers just leave their ads out there and never take them down. Some prices are much higher and some close to what you would actually pay. And probably if you look closely at the prices overall -- they generally reflect the area ... south lower, east / mid atlantic / big city areas much higher, north/mid-west more reasonable.

rockyridgefarm · Mar 8, 2017

Really rough? Maybe 6, but not 10. If yours is a console with 38 inch rear rubber in good condition, it is worth more. If yours is a dash mount with worn out 34" rubber, it's worth less.

As far as Tractorhouse, it's all over the board, but definitely leaning on the high side. Dealers always allow room for trades and negotiations and the prices they list reflect that.

BarnyardEngineering · Mar 8, 2017

You don't see the reasonably priced tractors unless you spend all your time constantly refreshing and watching. Those, if any actually exist on tractorhouse, are sold quickly, and you will never know that they were ever advertised there.

JOCCO · Mar 8, 2017

Not only tractor house but any of these sites with specialty listings. Then there are these CRAZES as I call them like when unstyled 2 cylinders, Ford 8n, 1957 Chevy cars went way up. Now a days it seems to be 4020 Deere and VW Bus: probably a few more that I missed.

tomNE · Mar 8, 2017

tractorhouse has always been overpriced.

Royse · Mar 8, 2017

Jocco, I'd add the Allis Chalmers G to that list too.

TH always seems to be high to me, here's an example.
Ford 8Ns listed on there from $1700 to $19,000 for a crawler.
Average on there seems to be around $3000.
I'm lucky to get $1800 locally unless its completely restored
and/or comes with implements that the buyer also needs.
10 or 15 years ago they'd bring $3000 easy, but not now.
At least not here.

JOCCO · Mar 8, 2017

Yes Royce the Allis g and Oliver 44/440. Seeing pretty much the same on the Ford price crash. People today wont buy these old tractors to work with they will just get a new compact.

ptfarmer · Mar 8, 2017

Sometimes you can get a good deal on the auctions. Got me a MF25 3 point pto driven hay rake on tractorhouse with a $350.00 bid. I only had to fix a flat tire on it to be able to use it. A good deal can be found, but you will have to wait like I did.

2510Paul · Mar 8, 2017

Of course they are overpriced, at least many of them. Those are retail or asking prices. As pointed out below, we don't usually see the actual selling price. But, they do show Auction prices, this is a huge help.

Another source is Fastline. It seems with these sources you should be able to get in the ball park.

Over the last year I have been looking for a tractor. I put together a spread sheet to track tractor prices in my interest category with a simple equation to take into account hours and put them on an equal basis. Maybe crude but I found it to be effective. As has been said below, tractors that numerically rated well with my equation sold quickly. Those that did not seemed to stick around forever. I did buy a tractor and when the time came I knew I was in the right price area. My equation did not take into account historical care of the tractor so I had make a qualitative judgement. As for particular dealers or sources it also became very clear who I would not be buying from; their prices were numerically high.

So my point is, TH and Fastline and others offer a valuable service, you just need to think about what they represent and how to use them.

Paul

K Effective · Mar 8, 2017

That's weird, I get mine for free at the Co-op... :wink:

tractorguy2 · Mar 8, 2017

I think tractorhouse is over priced. I was looking for a two bottom 3pt plow. Tractorhouse listed plows at $400-500. Local auctions were $225-375. I ended up buying a Ferguson plow for $100 from my next door neighbor.

notjustair · Mar 9, 2017

I only use TH to see what the piece of junk I just bought should really look like.

DoubleR · Mar 9, 2017

I brought a 50hp tractor off the site 500 miles away a couple years ago. It was almost new with 400 hours on it. I've been real happy with the tractor and the deal went threw without a hitch. Although I didn't pay for it until I showed up to pick it up so I was able to make sure it was everything they said it was. It was a orange tractor sitting on a green tractor lot and I think they just wanted it gone. I got it for half the price they wanted for a couple of local tractors that was close to the same thing.

Tractorhouse overpriced?

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