Tractor values in the future.

JayinNY · Oct 28, 2013

I saw this IH for sale today, looks like a real clean tractor, I
always like the 1086 series, it has a new clutch and ta. The
hour meter showed 2528 hours. It is $15,900. I was wondering
how the value well hold over the next 10 years or so, I mean
buying it and taking care of it ect, were would the price go up
or down? I was looking at it as an investment.

Bob Bancroft · Oct 28, 2013

I don't know. But if you can spare it, send that toolbox to Allan/NE. Then he'll have what goes with his mystery bracket!

Adirondack case guy · Oct 28, 2013

I think you are seeing the peak in prices for tractors of that vintage. None of the mega companies are manufacturing replacement parts, and I believe if the truth was known, they want to see them end up as scrap iron so they can sell new ones.
Loren, the Acg.

Bruce from Can. · Oct 28, 2013

Price seems kind of high to me.If you could use this tractor to make income ,over the next ten years of ownership, and then sell it for what you paid. Then yes, it would be a good place to invest some money. Otherwise, buy real estate. Bruce

notjustair · Oct 28, 2013

Seems a little high but there are lots of folks like me out there. I am interested in buying reliable tractors with enough horsepower to do the job. I am not interested in so many computer controlled systems that my hands are tied with it.

If the machines are well kept and working like they are intended I think they will continue to hold or grow slightly in value. I don't see them going down drastically because they are old machines. They are good machines and that over-rides it.

I love red, but the same works for green. Look at the value if JD 4440's. Outstanding engine and extremely reliable as long as folks have respected them along the years. Those won't be cheap until the parts are gone and the world groans to a stop.

wolfman · Oct 28, 2013

Prices seem to be rising for good older tractors like that one. Probably since new ones have prices going through the roof. That tractor if cared for will be worth 15g + rate of inflation 8 or 10 years hence.

Dean · Oct 28, 2013

No way to predict but I would not expect prices to increase.

What is increasing rapidly at this time are the prices of very late model, low hour Tier III tractors.

Dean

ricb · Oct 28, 2013

I can't imagine the price will go up. In 10 years there will be that many more used tractors on the market. Besides prices have been inflated in the last few years thanks to commodity prices. That bubble has burst for the for seeable future.

jm. · Oct 28, 2013

My part of the country it is a $10,500 on dealer lot tractor,,if you can verfy the hours. Auction might not make that. Can,t see it being worth any more in the years latter.

ss55 · Oct 28, 2013

I don't think large tractors like that and the large articulated four wheel drive will have the same "collector's value" that smaller tractors will have. The big horses like that are expensive to restore, keep, transport and maintain unless they are earning their keep working. Many farmers will keep them around for sentimental reasons, but few will be restored like the older tractors were.

FYI: I'd be delighted if I'm wrong about this.

Alan K · Oct 29, 2013

I agree with you there.

oldtanker · Oct 29, 2013

I really doubt that those will increase enough to be called an investment. In fact I would expect them to drop in price even more. They built almost 47,500 of those. Many are still around today. Thing is they are too big for the collector/hobby farmer (read above post RE: storing & hauling) and getting to be too small to do much on a lot of farms. Got a friend with a grain cart that his 1586 is almost too small to pull in rolling hills. Except for his corn planter and grain drill it's too small for anything else on his farm. Saw one sell at auction no too long ago for 8,500.

I doubt that the 2k plus hours are for real if it's had the TA gone through.

Rick

FBH44 · Oct 29, 2013

Might be like my Ol' Blue, '77 Chevy half-ton, 4-wheel, 350, 4-barrel, goes whenever or wherever I want, runs great, got a few rust spots (OK, lots), a new one costs what, $35K, but the actual value of Ol' Blue sitting for sale is very very low.

fred goodrich · Oct 29, 2013

Keeping in that condition it will definatly hold its value and probably increase in value. It is hard to buy tractors in that condition at auction without paying what we think is retail. Not everyone is sold on these new tractors with their computer controls. Travel around to the big mega farms and you will still see a 4020,1066,970 etc.and there is still a place for them. That 1086 you are showing would bring that at Mowrey's or Pefley's. It is easy to track results of what tractors of that era bring look at Polk's sale reports.

Anonymous-0 · Oct 29, 2013

It's getting hard to find a nice tractor in the plus or minus 100 hp range, most have high hours and are getting tired. It would be worth considering if someone needed a tractor to use. I can't see it appreciating in value though and I see the value on tractors like a/ jd's, h/m Farmalls ect. dropping as more older collectors sell their collections and the younger people not being interested in them whether it's personal taste or economic reasons

formenwhogrow · Oct 29, 2013

My opinion is that used farm equipment is riding on the same bubble that land prices are riding. A few years of lower prices and poof, used farm equipment will drop back to "normal" As far as an investment goes, I would not sink money in a 30+ year old farm tractor expecting a positive return.

dej(Jed) · Oct 29, 2013

If you are going to use it to make money, then buy it. If you are buying it as an investment, you are dreaming.
It will never get into the price range of the old Oil Pulls and traction machines. It operates of off a technology that requires attention periodically. Seals dry out and the on board systems must be used regularly to keep them functioning well.

Anonymous-0 · Oct 29, 2013

depends on how low this oconomy goes. Might be worth a truck load of money, if they keep printing more money...

RGMartin · Oct 30, 2013

(quoted from post at 20:44:16 10/29/13) depends on how low this oconomy goes. Might be worth a truck load of money, if they keep printing more money...

Good tools are a great hedge against inflation...

oldtanker · Oct 30, 2013

Think that a lot of you guys missed the [b:6cd31f83c5]"new clutch and TA" with "2528" or so hours[/b:6cd31f83c5] on it. Bet that's more like 12528 hours. Have to rag a 86 series tractor pretty hard to take out a clutch and TA at 2500 hours.

I know a lot of people who had the 86 series tractors. They are starting to disappear from these farms as being too old. BTO's west of me have already dumped them, years ago. They use 150 HP or bigger tractors as "yard" or chore tractors. Friend of mine still has a few of his 86 series. 986 with narrow tires for spraying only. 1486 and 1586 for planting and the 1586 to pull his planters.

Too big for the collector is going to hurt them too.

Unless a tractor is a real odd ball with very low production numbers I don't think the value is going to do anything but go down in value. Wait till after harvest is done and see what the demand is. Low prices = low value.

Rick

Wilks54 · Oct 30, 2013

(quoted from post at 09:46:34 10/29/13)
If you are going to use it to make money, then buy it. If you are buying it as an investment, you are dreaming.
.

X2. Still a little on the high side though, but maybe that is what they bring in your area.

Tractor values in the future.

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Member

Well-known Member

Well-known Member

Well-known Member

Well-known Member

Member

Similar threads