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Re: Repossed Farm Equipment
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Posted by Michael Soldan on January 21, 2007 at 17:56:34 from (24.235.41.226):
In Reply to: Repossed Farm Equipment posted by DeerTrax on January 21, 2007 at 14:45:09:
Deer Trax, I'm not sure what to say to your question, nothing personal and I hope you know that. I would personally stay away from any repossesed anything. Someone's misfortune is something I would stay away from. I had a friend go broke and his stuff got repossesed, the bank was handling it. This sleazy bank liquidator asked me if I was interested in a Ford 4 furrow plow that was left over from the bankruptcy. No one had bid anything on it and as far as I was concerned I wasn't going to help the bank out. It was scrap metal as far as I was concerned and the guy begged me for an offer, finally he made me an offer to take the plow and it was so ridiculous, about three times the worth of a good plow, I just laughed at him and walked out the door. Repossessed may carry a lot of baggage with it, tractors that have been abused and not serviced regularly, skimping on repairs and replacement parts etc. Someone who is having financial problems will be forced to forgo maintenance , try and get more out of machinery and do more work than the machine is capable of. Mostly I don't take to helping liquidators at the expense of some guy who has lost his machinery and or his farm. As I said, no offence to you, but I'd be real careful about looking there for a winter project..just my opinion
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