Agree with you. On an older tractor, it would get expensive to keep protecting it since buyer pays 10% commission at 800-last-bid for cash, 13% for checks. Then he has it re-listed. After a time or two, it probably would have been cheaper to just accept what the market will pay.
There is a consignment auction by my place, guy has had his Case trackloader go through four times now. Every time it bids up to somewhere around $2700-2800. He "buys it back" at 2% of sale price. Then puts it back on craigslist for $6000. It never leaves the consignment lot. Not a bad piece, but not a lot of demand for trackloaders in our area.
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
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