Update on white demo Cub

s,crum · Oct 7, 2009

I got an e-mail today thru this site from the owner of this Cub. Apparently he did not get my e-mail thru Craigslist.
He seems like a reasonable fellow, I"ll e-mail him back after work. He offer to allow me to make a tracing of the S/N tag as that would be the only documentation he has. But by the looks of my schedule I won"t be able to make the trip over to Troy for a couple weeks. I"m hoping to find a Cub that is in the normal $1,000 to $2,000 range or a swap.

ScottyHOMeY · Oct 8, 2009

You're on the right track -- you can sure find a running Cub with at least a seat and decent tires in that range, and maybe pick up an implement or two with it.

Even if it is the demonstrator he says it is, you're looking for a working tractor, and there's no point paying a collector's premium for something unusual.

What I find so striking about that one is the premium he wants. A seat that needs fixing or lack of a battery isn't all that unusual to come across, but tires are a large part of the price consideration on a used tractor, and this guy, by taking off the decent tires on it, is reducing the value of it as a tractor down to the $500-$800 range, and tacking a premium of four or five times that onto it because it has a patch of white paint of some kind on it.

If I were even into the collectible aspect, the most I'd offer, in the stripped-off condition he's offering would be $1000, and I'd have to want it REAL bad to offer that!

Thanks for reporting back!

S.Crum · Oct 8, 2009

I really cannot fault him. After all if you are not on top of these things constantly, something can easily slip thru the cracks. Nothing will draw opinions (which is what I'm sure he was looking for) faster than to over price something. I'm sure if a reasonable offer were made this would sell. You can always lower a price, but to raise it things get sticky.
To get the dealing going, if you have something that is genuinely worth a thousand and that's what you want for it, ask 2 thousand and the "I'll give you a hundred bucks" guys walk away. The guy with 800 bucks to spend will ask if your joking and the guy with mone money than common sense will put out the cash. Chances are you will sell within a hundred of so of the true value. I don't like bad deals from my end. Many times if someone is in the general value range I don't even dicker. If they are way high (I do a little homework) I'll decide what it is worth to me personally and offer that price. If it goes it goes, if it don't it don't. No sense in stirring up hard feelings.

ScottyHOMeY · Oct 8, 2009

You're right, and I don't fault him, but his price just strikes me as unrealistic, especially with the tire issue. He's free to ask what he wants to, and maybe he threw the tire thing in just as a dickering point, but if he'd done the kind of research as a seller that you do as a buyer, I think he'd have found he isn't sitting on the gold mine he seems to think he has and his asking price (yeah, start high) would have been more realistic at the outset. There's one born every minute, but I can't imagine his phone's ringin' off the hook. If I were into collecting demonstrators, I can't say that I've have even looked into this one with a starting price that high.

Fairly or not, the Deere guys have gotten hung with the reputation for finding a detail that they can call rare and charging (and paying) outlandish premiums for them, but it runs across all the makes and the people into them. The Deere collectors are blessed (or cursed) with better records than anything left behind from IH. Their claims of rarity, and therefore the prices attached to such things, are much easier to document.

S.Crum · Oct 8, 2009

I think it's a case similar to one I posted earlier this summer wheras I was trying to get a value on a couple later model IH tractors for my neighbor. His Father owned them and died and Vinnie was helping his Mom get all his Dad's equipment ready to sell. Turns out his Mom had "somebody who knows about these things" come in and put a price/value on the equipment. On the 2 tractors she's selling in perticular the prices put on these are $2,000 to $3,000 more than they are bringing at any auction and more than on any dealer lot for that matter. Because she was told they were worth that much, she refuses to budge on the price.
I talked to Vinnie a couple weeks ago and asked him about these. He just chuckled and said "well I tinkered them and got them running for her, they at least run so I can move them every couple weeks to mow the lawn for her".

Update on white demo Cub

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