Tractor prices in the Northeast

Pete76NY · Jan 11, 2011

I sit here in Upstate, NY, surfin" through the photo ads and constatntly wonder what makes tractors so much more valuable here than they are everywhere else? I have a pretty good handle on what"s what and what"s worth what, and other than that occasional idot that thinks he has something real special: the 12,500 Jubilee, and that "rare red" 5,500 Super C, the prices in the midwest and south seem right on the money! Here is another prime example of the Great Northeast tractor prices: right in my back yard, a really nice JD 60 with lotsa work done, a set of weights, wfe, (which I would never pay a cent more for!) a chrome stack, and new tires...complete withe "recovered" wrong colored (yellow) seat (at least the hubs are yellow!)...a real nice maybe $2800 tractor??? $6500!
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Anonymous-0 · Jan 11, 2011

Got anything to do with population and jobs??
I see it where I'm at also (middle of Germany in an industrial (plenty of work) area. Lower prices are always far away and usually north and east where it is less populated. Smaller stuff is usually priced higher than big ones also.

Dave

Pat-CT · Jan 11, 2011

Its not just you ... i sold my stock john deere 60 for 4500. The market in the northeast is just more expensive .... but i think that people may have more money here in the northeast? or maybe just more collectors?

Old Roy · Jan 12, 2011

not bad down here.
just have to look a little SW

Pete76NY · Jan 12, 2011

Decent price for a Super C that ya don't have to sink many $$$$ in!

Pete76NY · Jan 12, 2011

And I am aware how much you can and do sink into these...but they aren't muscle cars and ya know goin in that you'll never recover your money. Our 70 gas was a basket case when we got it...we knew when we did it we'd never get it back...not why we did it.
After a pull in Locke, NY one time where I had been particularly successful, a guy tried to buy it...got up to $3500 before he realized we weren't gonna sell... I was beside myself that anyone would offer that much...and it is nice.
You did well w/ your 60...there are at least 2 on here now in other regions that are fairly nice for under $2000!

Fawteen · Jan 12, 2011

I think maybe part of the issue is that tractors just aren't as common up here as in the midwest.

About the only portion of the NE that I'm aware of that's big-time farm country is perhaps New York west of the mountains. I know for sure that ME/VT/NH are not heavily farmed now and even when they were, it wasn't real heavily populated with tractors.

At least, that's my impression.

showcrop · Jan 12, 2011

For a long time I have looked at it as the price of transportation. A whole lot more tractors went to the west/mid west when new, and now have been retired for years. They come up now and then at a good price like you say, but then you tack on the cost of getting it back here and it's no longer a bargain. The only way to overcome it is with volume shipping pricing like Jim MacFadden does.

NY 986 · Jan 12, 2011

Cost of shipping is only a part of the problem. The jockey's tell me that good used tractors (or any farm equipment) are getting more scarce. Negative impact at the auctions anymore as now you have to overpay for junk.

Welding man · Jan 12, 2011

It is not all about collecting. I am a collector,but I work on tractors for a living too. We still have a lot of small farmers and part time farmers in my area that use the older stuff. They would rather pay a big price for good used american made stuff than buy the crap made all over the world. Ford tractors are extremely high in my area. 4 or 5 times what they cost new.It's hard sometimes to figure why people will spend $1500.00 to 2000.00 on a complete engine rebuild,clutch etc. on an 8N but I do it all the time.I had a customer just spend close to 5000.00 on a Ford 4600SU. I wouldn't have done it, but that is what he wanted to do.

JDemaris · Jan 12, 2011

I buy tractors a heck of a lot cheaper here in central NY then I find in other areas - like west-coast Florida or nothern Michigan. Advertisted "asking prices" often have little relationship to what tractors actually sell for.

Just in the past year, I've bought several running "user" tractors in the 30 horse range, with live PTO, live hydraulics, and three-point hitch in the $500 to $1500 price ranges. That includes gas and diesels. MF35, TO35, Ford 600 series, IH B275 and B-414, etc.

I bought my Deere 300B diesel backhoe-loader at MacFaddens Auction for $3200 and it is a perfect running machine.

jm. · Jan 12, 2011

I have wondred about it for years. My take is that here in Tenessee in the 50s and 60s there were many small farms and everone of them either had a farmall,ford or ac tractor so there is just so many of the things still sitting around. Ever time I see someone asking $2500 to $3500 for a M farmall I think how . Scrap iron is back to about $ 300.00 a ton so a few more will get pulled out of the fence rows but old tractors here overall just do not bring what I see asking prices are on this board.

JDemaris · Jan 12, 2011

When I was working for Deere dealers, 60s up to the 90s, we often sold off tractor-trade-ins to places down south in South Carolina, Georgia, and Florida. At that time, used equipment was going a lot higher down south then here in New York. It had to be, or nobody from down south would of wasted time coming up here to get it.

Around 1980, we did many Chevy and GMC truck engine swaps (diesel to gas) - pulling out the Olds 350 diesels. We had a literal mountain of engines - and again - some dealer from down south came up and bought them all. He said they worked well as power units in warm areas. True or not, I do not know - but I DO know he bought them all. They only had scrap-metal value here. As I recall my boss got around $75 each and most were running take-outs.

Tractor prices in the Northeast

Pete76NY

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Anonymous-0

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Pat-CT

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Old Roy

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Pete76NY

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Pete76NY

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Fawteen

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showcrop

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NY 986

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Welding man

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JDemaris

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jm.

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