Posted by JD Seller on February 06, 2013 at 18:40:20 from (208.126.196.144):
In Reply to: Implement sales?? posted by Erik Ks farmer on February 06, 2013 at 16:31:42:
First off I would sell that type of planter myself and buy what you are looking for straight out. Your planter is a cheap enought piece that many guys can buy it without needing any financing. The higher dollar items I may consider trading but the under $10 K stuff, sell yourself. You can sell it for retail and bargain real hard on buying the one you want straight out.
Your planter is a $4-5 K planter here. In Kansas it very well could be worth less. How many guys are using six row equipment there??? When I was still at the dealership, over 7 years ago, I bought a lot of six row planters off of dealers in Nebraska and Kansas. They would wholesale them to me as they just did not have a market for that small of a planter. The 12 x 30 was the hot item then. I now have dealer friends that tell me that there are areas that 12 x 30 is not selling as good. The 16 and 24 row are the best sellers.
As for asking you if you where real serious about the planter. The salesman could have been really handling a customer in a poor way. He may have meant if you where serious he would then need to really look at your planter to give you a better idea of the trade difference. A JD 7000 corn planter could be 40 years old or as new as 25 years old. I have seen them that where not worth $1000 and others that where worth $10,000, for a 6 x 30.
So I would buy the planter you want. Really squeeze the deal down to the last nickle. That way you know you have a planter for spring. Then aggressively market yours. I know you may have to borrow the extra $4 or 5 K but you should be able to do that for 90 days for a reasonable cost. I would not sell yours first and then go look this close to spring. You may not be able to find a planter to buy back by spring equipped like you want it.
Truthfully you are 6-8 months late to be trading on a corn planter. The new ones would all have been ordered last July and August. The lead time on equipment is way longer than right before the season anymore. Used planter prices are at the high price for the year already. I bought four planters to resell. The last one was in November. They had already gone up by December.
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