Seems like fewer 1940-1990 tractors out there for sale. Fewer listings for very common models such as JD 4020. People are flush with money so that explains most of the inflation at the moment but wonder if diminished inventory will create its own inflation as more farmers try to buy what is out there. Are you seeing more or less older tractors out there for sale now versus a year ago or more?
- Thread starter NY 986
- Start date
Bruce from Can.
Well-known Member
- Location
- Woodville, Ontario, Canada
We havent seen a lot of good used inventory sitting around for quite some time.
J Hamilton
Well-known Member
- Location
- Southern Illinois
The very few I've seen for sale wern't listed very long before they sold
I dont believe there are as many up for sale anymore. Some brands are more quiet than other.
Price of a restored unit is price quite high, and the shortage of parts, and price is keeping some from investing. You can see in the posts on this site, a lot people testing the waterss before they buy. Operating costs for farming I think will eliminate most farmers from restoring one now. It would be considered a luxury. As far as actually farming with them, in a high production farm, well thats a fools folly. Hobby farming, or just over, maybe.
Price of a restored unit is price quite high, and the shortage of parts, and price is keeping some from investing. You can see in the posts on this site, a lot people testing the waterss before they buy. Operating costs for farming I think will eliminate most farmers from restoring one now. It would be considered a luxury. As far as actually farming with them, in a high production farm, well thats a fools folly. Hobby farming, or just over, maybe.
tomstractorsandtoys
Well-known Member
Not alot out there and the prices just keep going higher. This week an early 3020 diesel, narrow front,just average sold for $12,000. A very plain 4020 sold for $11,500 and a rougher 4230 sold for over $16,000. All were on different sales. I doubt I will be adding much to the collection this year. I have my eye on a 42 square back combine coming up but doubt I will even get a bid. Tom
Really there werent any of that age tractors at the dealerships for a long time, private sales and maybe a couple of jockey sales had that era.
Dont see many tractors of any age on the lots around here.
Any useable tractor from the 80s through about 2000 is getting scarce, those pre emissions machines have been in high demand for a long time by the mid and smaller sized farmer.
Paul
Dont see many tractors of any age on the lots around here.
Any useable tractor from the 80s through about 2000 is getting scarce, those pre emissions machines have been in high demand for a long time by the mid and smaller sized farmer.
Paul
redforlife
Well-known Member
Local area farm news paper has just about as many for sale in its classifieds.
Local dealerships here don't keep much pre 1990 stuff on thier lots. Not sure this means anything. I think they make an effort to keep newer stuff on thier lots.
Local dealerships here don't keep much pre 1990 stuff on thier lots. Not sure this means anything. I think they make an effort to keep newer stuff on thier lots.
larry@stinescorner
Well-known Member
Rand k Equipment has a large inventory of used tractors
Traditional Farmer
Well-known Member
- Location
- Virginia
Sold about 25 used tractors at an auction I went to yesterday,I bought one a David Brown 780.I have a well stocked lot of older tractors(LOL)Much better than money in the bank.Almost bid on a good running 8N Ford it sold for $800.
Loosehandle
Well-known Member
- Location
- Wisconsin
Flush with credit anyway
BarnyardEngineering
Well-known Member
- Location
- Rochester, NY
According to the thread yesterday those old 8Ns are worth $4000 all day long!
I don't know about "flush with money." I certainly am not. Who all is "flush with money?"
Farmers are paying more at auctions because the auctioneer keeps saying prices are going up up up better buy now now now. Creating a self-fulfilling prophecy, maybe even going so far as predatory, manipulative behavior.
There doesn't seem to be a shortage of equipment at these big consignment sales. Martin's first auction is coming up in a week and they're already up to 484 lots in the main sale. That typically doubles by the day before the auction.
Dealers around here haven't had a "selection of good used" tractors in many years, long before anything that's going on now was even a thought in someone's head. Tractors only get traded in when they are used up, and unless it's <20 years old they usually want nothing to do with it. Oh they'd take some creampuff 4020 or 1086 or Magnum with a smile on their face and an insultingly low trade in offer on the invoice, but your clapped out old 806 gasser? They won't even give you a trade in value on it. Sell it yourself.
grandpa Love
Well-known Member
Larry, actually we have one cub getting sold today, repeat customer. Got one sale pending, guy wants me to deliver it 250 miles, but not willing to pay extra, he is looking for a trailer. After that there is only one cub for sale, and it's in pieces, and won't be ready for a week or more. Got an IH 2400 that is waiting on parts...... I gotta get more inventory!
BarnyardEngineering
Well-known Member
- Location
- Rochester, NY
You'e selling all those at a loss right grandpa Love? I mean how DARE you take a profit in these times!
Thirty to eighty year old equipment is obsolete and often very well worn. Hobbyists, part time farmers and collectors are still in that market, but few full time farmers are buying tractors that old anymore.
Selling goes in cycles too. Right now collectors don't feel an immediate need to sell. Long term look for older tractors at retirement, downsizing and estate sales.
Selling goes in cycles too. Right now collectors don't feel an immediate need to sell. Long term look for older tractors at retirement, downsizing and estate sales.
A lot of farmers have done well even with the increased cost of doing business the past couple of years. Lets not kid ourselves
as it is not hard times for every farmer out there.
I have never let an auctioneer work me. I go with a price in mind and if I can't get it then I walk away.
A couple of things you have to remember with Martin's. He has taken the place of several auctions so I am not sure the over all
supply has increased. I would bet that it decreased. Gone are the consignment sale at Coryn's in Canandaigua, Ag equipment seldom
appears at Saxby's in Mendon anymore. Other auctioneers or auctions have been impacted by Martin in terms of size of sale
inventory. Martin was the first to do caps on commissions and sellers noticed. To the point that some farmers do their entire
line there. This has cut into the number of sales that somebody like Teitsworth would have. Not complaining about it but just
making the observation.
Not saying it's the dealer's job to carry used inventory which is not in his best interest. My observation is in terms of the
area jockey's such as Coryn who WANT to sell used iron but are finding harder to get.
as it is not hard times for every farmer out there.
I have never let an auctioneer work me. I go with a price in mind and if I can't get it then I walk away.
A couple of things you have to remember with Martin's. He has taken the place of several auctions so I am not sure the over all
supply has increased. I would bet that it decreased. Gone are the consignment sale at Coryn's in Canandaigua, Ag equipment seldom
appears at Saxby's in Mendon anymore. Other auctioneers or auctions have been impacted by Martin in terms of size of sale
inventory. Martin was the first to do caps on commissions and sellers noticed. To the point that some farmers do their entire
line there. This has cut into the number of sales that somebody like Teitsworth would have. Not complaining about it but just
making the observation.
Not saying it's the dealer's job to carry used inventory which is not in his best interest. My observation is in terms of the
area jockey's such as Coryn who WANT to sell used iron but are finding harder to get.
olgentdc
Well-known Member
Well Maybe I have got me a decent Milk Cow or Coal mine after All , I wish it were a Gold mine ..
There are at least 20 tractors on my farm right now . most are CASE brand , Although i have a 4020 and 2 J D model B's and a WD Allis .I think as i try to flex gracefully into retirement , i will be dressing up my equipment and getting it auction ready and will be selling them off . I figure I can do a better job than My children who have a minimal interest in my farm
There are at least 20 tractors on my farm right now . most are CASE brand , Although i have a 4020 and 2 J D model B's and a WD Allis .I think as i try to flex gracefully into retirement , i will be dressing up my equipment and getting it auction ready and will be selling them off . I figure I can do a better job than My children who have a minimal interest in my farm
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