Re: I and T price guide vs Hot Line vs reality

Posted by Gerald J. on February 05, 2000 at 18:00:11 from (208.142.211.165):

In Reply to: I and T price guide vs Hot Line vs reality posted by Truck on February 05, 2000 at 16:58:20:

I saw the same thing with truck prices on the internet last month. I concluded one was for sellers, the other for buyers... I paid just a bit over the lower one for a used truck at the local dealer.

There are lots of dealers with web pages showing their machinery asking prices. One would get a pretty good idea of asking prices from surveying them. Then there usually is about a page of tractor advertisements (plus a couple pages of dealer advertisements) in the Farm section of the Sunday Des Moines Register. There's another place to get feelings for both individual and dealer asking prices. There are several machinery advertisement sheets or magazines that circulate.

With those as hints on asking prices then to buy, we start out offering less... Sometimes it works, sometimes its wasted breath.

Auctions don't seem to be the best indicators of value, because there are too often a couple bidders with no vision of reality and an auctioneer to push them along.

Its easy to loose sight of used equipment value when comparing the prices to that of new equipment.

Gerald J.

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