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Farmall & IHC Tractors Discussion Forum
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Price???

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Darin in Nebras

07-12-2005 09:48:01




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What would be a good price for a 240 Utility. All new tires, painted and runs great. Has a 3-point and live pto. The reason I ask is cause the insurance company was wondering cause I am thinking about getting insurance on it. Sad huh? Thanks for the info....




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GordoSD

07-13-2005 07:21:45




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 Re: Price??? in reply to Darin in Nebraska, 07-12-2005 09:48:01  
A 240U with fast hitch, VERY NICE, restoration, sold at weiman auction in SD last week for 8500. Might be on their website?

GordoSD



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Ray

07-12-2005 15:51:55




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 Re: Price??? in reply to Darin in Nebraska, 07-12-2005 09:48:01  
My insurance company ask what you paid for it and won't insure it for any more.



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RustyFarmall

07-12-2005 11:05:44




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 Re: Price??? in reply to Darin in Nebraska, 07-12-2005 09:48:01  
For insurance purposes I would value it at $6,000. If it were lost, you would need to replace it, right?



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Darin in Nebraska

07-12-2005 11:56:54




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 Re: Price??? in reply to RustyFarmall, 07-12-2005 11:05:44  
Yes, I would like to try to replace it if possible. But we'll see what they allow or how they do that. They will call back hopefully this afternoon. Thanks for the info. Others are welcome to...



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RustyFarmall

07-12-2005 12:56:14




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 Re: Price??? in reply to Darin in Nebraska, 07-12-2005 11:56:54  
I was sort of having a little fun there but the more I think about it I think I am probably not too far off.



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Dick Davis

07-13-2005 05:40:56




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 Re: Price??? in reply to RustyFarmall, 07-12-2005 12:56:14  
A buddy rolled one of his green tractors. Insurance company said repairs will exceeed book value of $4500. Buddy provided Dealer receipts for parts he had installed, perodic maintainence schedules, and a letter from the dealer that rated the tractor to be in excellent mechanical and appearance condition. Insurance company checked with dealer, paid for $ 6750 on repairs. Document the condition of your insurables - might help. My nickel Dick Davis

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