Re: value of tractors in future

Posted by Bill Smith on January 19, 2002 at 12:39:05 from (128.242.4.59):

In Reply to: value of tractors in future posted by terry on January 19, 2002 at 07:59:35:

People tend to like the stuff they grew up with from the music they listened to, to the cars and tractors they were around and drove, even on down to the activities they were involved in such as fishing and hunting or golf. If you never golfed all your life you probably wouldn't enjoy it when you are say 65 or 70 years old. As people get older they enjoy say driving the same tractor they drove as a kid more so than driving a lot bigger newer one that is computerized and they know nothing about. You hit the nail on the head about the old model T's. They are worth money as an antique point of veiw but the interests of them by people that grew up with them is about gone becuase that generation is about gone or getting to old to fart around with an old car. Antique tractors will probably hold there value fairly well becuase of the antique nature but for an investment point of veiw you would be way better off doing something else with your money. I think the most saught after decade of tractor intersest will keep bumping up just as it has been doing for atleast a few more decades. I thought it was at a standstill myself when people were after the 1930's and 40's tractors but you know I believe that is changing. People now seem to be turning their interests up to the 1950's and 60's. The smaller internationals from the 50's are of strong interests right now as well as say the earlier JD4020's of the 60's are bringing as much as or more than they did when new. The legendary farmall H and John Deere B of the 40's were hot for awhile but if you have noticed some of the interests has faded away the last few years. Alot of people remember a more mechanical tractor as a kid now (one with 3 point, live clutch, power steering, 12v system, and improved hydraulics) and prefer those tractors over the ones from the 40's. I myself grew up with an outdated H farmall (becuase I am only 26) and have have several antique and classic tractors now becuase of that. Had I not been around that H as a kid I probably would have alot newer tractors now. The value I suspect will hang in there on them but I deffinately don't aim to get much more out of them 20 years from now versus now. It is diffinately the interests that will fade but the being more of an antique will make the difference up. Just my 2 cents worth.

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