Re: falling old equipment values

Posted by Chris-se-ILL on April 13, 2004 at 14:59:56 from (216.174.170.189):

In Reply to: falling old equipment values posted by Jonathan on April 13, 2004 at 10:35:30:

Don't know where you are at.... but I just sold my IH-986 {a/c was not working and the outside duals were really weather cracked}} for $8500, I only gave $8,000 for it in 1987 and have used it all this time to plant and till {another auctioneer told me that that tractor could have gone as high as $10,000}. The same guy offered $6,500 for my IH-1066 {pretty rough condition, but it is sound}. The guy that offered me those 2 prices {and then bought the 986} owns a very large farm equipment auction. Used tractors are selling quite nicely around here!

Some of the well used planters, older disks, field cultivators, and roller assemblies are not selling for great prices... but then THEY never did.

Used Tractors are selling GREAT! I didn't sell the IH-1066 because I believe that I can fix it up {clean it up} and sell it for about $9000+.

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