Wow has any body looked at tractors latley

Yesterday I went to the John Deere delar to order some paint for my old jhon deere. I thought while I was there to look at some new tractors just for the fun of it. I had saw some prices and oh boy there up there in price. I know now why I am restoreing my old ones and my old tractors are metal not plastic. I can see why my older tractors are in demand. I mean dont get me wrong there are some nice things about those new tractors to but I am not really aperson who needs a new machine. I am just a collector in tractors (you know that HObbie of mine).
 
I always get a kick out of asking guys what the new machinery cost and even what the tires cost sometimes. I also get a kick out of asking how much ground they can cover in a day or how much seed and fertilizer something holds. It makes my little tractor collecting hobby look cheap.
 
If you made your living with your tractors, you might have a different view. I like my old tractors, but if I had 1,000 acres of corn to plant and harvest, I would have something a little bigger and newer than a Farmall M.
 
Amazing ain't it? I bought a new 4040 Deere in February of 1981. Gave $22,900 for it. That was a fortune. A few years ago I priced a new 7120 I think it was. Priced out around $77,000 if memory serves me right.

I've got the Farm Trader right in front of me looking at used prices. A 2007 7330 Deere,$106,000. An 09 7330,$105,000,2011 6430,$84,000,04 7420 with loader $84,500.

There's no way I could ever even pay for a newer used one these days. When I was using my 1973 FWA loader tractor this morning I was thinking that I probably would prefer it to a new one since it's paid for.
 
here is some of "new" iron I run I farm a little over 1000 acres these do me just fine I use far less fuel than the newer units I know of around here yes they do not all have A/C and thank GOD they do have the electronic nightmares I see my fellow farmers have and like others here have said they are paid for lol
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I have farmed full time for nearly 33 years,I milk cows. I don't know if I will ever buy a another new tractor, not because I am too old,at 52, I still have time to wear out a tractor. But there isn't any crop that I can grow,and feed my cows that will pay me enough to justify the price of a new tractor. And Iam OK with that there are plenty of under valued older tractors out there that will do the work on my farm. And I can buy them at .10-.20 cents on the dollar of what a new tractor cost, and when the field is ploughed, planted, and the crop harvested, my cows will eat the feed just the same. New tractors,like new trucks are becoming status symbols, and pride goes before a fall.
 
Yep,these old beauties still get the cattle fed. That's where the income comes from,selling cattle,not from driving new iron.
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The federales must (but will not) accept much of the blame.

Tier IV is currently causing enormous sticker shock.

Dean
 
The old list price was something in the low 30,000$ range for a 4040. That tractor in 1980 would of been financed at what 18%-22% 3 or 4 year vs the 0% or 0.9% 5 year a lot of them are offering today.
 
They knocked 12% off list because I didn't trade anything in,but yea,I paid 18.5% interest on that thing. I talked to a guy at an auction ten or twelve years ago while we were watching a 4250 sell for a small fortune,he told me he had bought a new 4440 for $28,000.
 
I'm lucky I guess I've got my cows convinced that hay cut with a $2,000 tractor is just as good as hay cut with a $20,000 tractor.I don't have nearly as much $$$ in the 3 tractors,rake,baler and mower I make hay with as some of the local farmers have in their Balers alone and I have more cattle than most of them do.
 
remember this one from last week? The cigar company must have 50 grand in equipment in this one little field... but that was 10 tractors and 20 old wagons. I think for specialty crops... who is going to manufacture what you need for any-reasonable- price? High clearance low headroom row crop zero turn etc etc.... one off? a dozen max? 70 to 80 grand a pop?
Rather just keep the old stuff that's designed for the job repaired and going..and going...
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Those old wavy tread tires on your Oliver 77 look like originals. Dad's 1948 Allis B came with those on it. When they finally wore out I was a happy camper. They weren't much good in sticky Ohio jackwax.
 
Been doing some building wiring at the local JD dealer. A combine came in on one truck and the header came in on another. The JD salesman told me that the header (and ONLY the header) cost $93K.
Husker Harvest days just finished up in this area and I saw on TV that the main emphasis of the show was how the new tractors have to meet harder tier standards. We all like clean air, but the cost and the maintenance of these new tractors add lots of money. At this time, I'm going to pass.
 
I've got a neighbor that put up about 1800 bales every year all of his equipment is 6 years old or newer. He probably has over $300K in his hay equipment and 4 tractors. I put up 5-700 bales with an older version of the same baler he has. I have less than $25K in 3 tractors, disc mower, rake, tedder and baler. I do sweat a little more but I'm a one man operation and he is a 5 man operation.
 
Looked at the new combines at the JD factory last week.
MSRP on the header they displayed there was (rounding) $105K.
Combine itself was $400K. Much of both were "plastic".
 

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