whats it worth?????

my neihbor has a m w/ narrow frontend just had some motor work... needs 2 rear tires and i think some clutch work... has original paint always stored inside.. what should i offer him.. its the tractor i grew up on and always wanted...
 
A good original M, ready to use is worth probably $1200.00-$1500.00, then take the 800.00 for tires and tubes off that. That puts into a reasonable price range, in my opinion.
Jim
 
A good original M, ready to use is worth probably $1200.00-$1500.00, then take the 800.00 for tires and tubes off that. That puts into a reasonable price range, in my opinion.
Jim
 
You say it needs rear tires - how badly does it really need them? If they are weather checked and worn but with 1/4 to 1/3 tread they will last a long time unless you start hooking it to a plow for days on end. In that case the M is still in the $1200 $1500 range.


If they are dry rotted with cracks to the tubes and bulges then the replacement price has to be factored in. But then tires can be had for a lot less than new price. I have a pair of matching 1/2 treads in my shop (destined for my 350) I picked up for $100. I also have a single 13.6 - 38 in very good shape I picked up for $5 that I bought just because it was going too cheap. Problem is they don't come up cheap very often and when they do you need jump on them.
 
Mike W, I have a 1942 M that I bought for $1350. It already had NEW rear tires on it. I had to buy a battery. That's all I've spent on it in 6 years...I use it every day. I see most Ms advertised for, as already stated, around $1200-$1500. I believe $2000, with it needing $800 for new rear tires, is considerably too high. I'd say $600-$800 is fair to both you and the seller.
My $0.02. John
 
.. the tires are just worn because it was used to haul haywagons for as long as i can remember.. now they have bought newer tractors and it dosen't do much so i want to make hima offer.. i spent alot of time on this tractor so i want to get it and paint it and what not... i mean the tires would last me a couple years... i will only rake hay and haul a few wagons w/ it i only put up 2-3,00 bales ayear
 
Any chance that 13.6 x 38 is an older Goodyear traction Torque? I need one to match a nice one on the SH.

Gordo
 
If it is the tractor you grew up around, why would the price be an issue. Once it is sold you probably will never see it again!!!! If it was myself I would pay whatever it took to put it in the shed
 
Mike, you got 2 factors going here. I"ll give you an example: I located my dad"s 1950 H Farmall 5 yrs ago after it was sold at dad"s farm sale in 1980. It was a rusted hulk in 2003.

1. I wanted to buy it, but when I added up all the dollars to restore it (new tires, new wiring, new lights, fenders, battery, motor overhaul, etc,) plus labor for an excellent guy to do the work, it was going to cost me far more than any H was worth.

2. My heart strings started to tug at me real hard (like I think your heart says to you). Since I was 67 at the time, I knew I"d never get a shot at that tractor again after someone else bought it.

I bought it, spent many dollars on it to bring it back to "near factory specs" as I could, and have never looked back! EVERY time I start that tractor I get goosebumps, every time I drive it down the road (at least once a week in summer) I re-live all those days I spent on that tractor cultivating, plowing, hauling loads of corn and soybeans. Taking it to shows is another gift...a lot of old geezers like myself tell me they wished they would have done what I did instead of letting their tractor get away from them.

Is my H worth the dollars? Heck, no.

Is my H worth it in memories? YES! YES!

I have a magnetic sign I stick on the front at shows, it reads: (hope the lines on my sign show the same on this message).

=============================================

This Is The Tractor I Drove As A Boy

1950 List Price $1400.00

1980, Sold At Dad"s Sale 975.00

2003, Found And Repurchased,
Well Used 800.00

2004, Restored Many Hours
Many Dollars

50+ Years Of Memories Priceless!


=================================================

After reading that, a lot of people just can"t walk away without wanting to talk to me about their boyhood or girlhood tractor.

My tractor is a money pit...something always needs fixing or it needs fuel. I don"t regret the dollars I spent for one minute. Nothing, not even my fishing boat, gives me so much pleasure.

A happy old geezer. LA in WI
 
... THANKS FOR THE HELP I REALLY WANT THIS TRACTOR SO YOU ARE RITE IF IT LEAVES PROB WONT GET SECOND CHANCE TO BUY IT
 

Two truths about buying and selling tractors:

1. You will never get back the money you put in in repairs.
2. You will never pay what a tractor is worth in good condition minus the cost of repairs it needs.

Here's what I mean:
If a particular M is worth $1,500 with good tires but in reality it needs $800 worth of tires, you cannot expect to pay $700 for the tractor.
 
An old friend of mine used to say that when you are dealing in anything used, you just make up a number. And the older I get the more I see he was right.
 

My tractor buying philosophy is, if I wouldn't feel too bad about taking the money and lighting it on fire, then it was worth spending.

Regardless of how much you overpay for a tractor, you can ALWAYS recoup some/most of it back by tearing the tractor down and selling it for parts, then scrapping the rest.
 
Good greif, if you want it, go buy it, and if its sentimental, doesnt matter what its worth! $2000 for a decent M is good IMO.b Just because everyone else can find better for the same money doesnt mean you can, and just because everyone else says its a bad deal, doesnt mean it is!
 
You asked what to offer not what it is worth. Offer $1000, you said they are using newer stuff so they must want to sell it. If they say yes, you will both be happy. If they say no, then you can quickly offer $1200. If they still say no, then ask what they want, bet you end up between $1500 and $2000 depending on how much work they just did. Let us know how it works out.
 
I think 1000 is a good round number. I watched my uncles 1950 M all new tires, repainted, behlen power steering in really really good shape sell for 1850 last friday. Like everyone says you'll never get the money out of it anyway. If it wasn't for sentimental reasons I wouldn't offer more than 1000. I've seen a lot of M's in original work clothes sell right at the 1000 mark.



T.C.
 

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