Good friend lost his farm over buying equipment at the wrong time. In 1979 he bought two new tractors, White 2-105 and a 2-155. Then the bottom fell out of the grain market just as interest rates took off. His payments where 25% more than when he started them and grain 50% of what it was when he took delivery.
I would be real careful right now on any buying of equipment. The market has been red hot. So values are at record highs. I think they will fall in the next 24 months and fall hard.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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