Re: Re: falling old equipment values

Posted by jeff on April 13, 2004 at 19:13:42 from (66.103.230.30):

In Reply to: Re: falling old equipment values posted by Jared in VT on April 13, 2004 at 18:29:03:

some equipment just doesn't lose much value.

My dad's MF 50 is worth $1000.oo more now than he paid for it new in 1958....inflation not accounted for.

He bought a AC190XT in 1976 for 7000.00....sold it for 7500.00 in 1992.

Sold all of his farm implements for at least as much as he paid for each piece,,,again, not including inflation.

Bought an older Gleaner for $2000.00 om 1979, with a froze up motor. lots of wd40 and a sharp smack with a rubber mallet freed the motor, and sold it 10 years later for $7000.00, with a newer floating soybean cutting bar.

never can tell....

I looked at those newer, cute tractors....they package a lot of horsepower and options on those puppies. Unfortunately, none are made in the US. Korean (Branson models) McCormick (italian), Kubota (Nihon)...etc.etc.etc.

Heck, a toyota car or truck has more American content than most all american vehicles.

Times are changing...we buy old iron cause we like to tinker, and we don't like change.

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