Tractor prices - help

confusedwife

New User
My husband has several older tractors we need to move along.
Is there any place I can put make and model in and get an idea of value? Like a blue book that is used for cars. He has had a couple of strokes and I have inherited this job. Any advice would be greatly appreciated. Thanks
 
Tractorhouse.com is one place to look. But keep in mind these are usually dealer listing their stuff for sale at a price higher than you could hope to get. I know there are tractor blue books but don't know how old they cover but you have to buy them and or be a dealer to get them. You can also search the photo ads on this site to get an idea of what people are asking for models like yours.
 
(quoted from post at 12:53:18 02/02/17) My husband has several older tractors we need to move along.
Is there any place I can put make and model in and get an idea of value? Like a blue book that is used for cars. He has had a couple of strokes and I have inherited this job. Any advice would be greatly appreciated. Thanks

Lots of free advice on here if you can post some pics and additional information. You can google that model with "for sale" behind it and you will find some websites where they are being sold and an asking price (which is usually a little high). Also go to the LH column of this page and search the for sale ads to see if something similar to yours is listed. Good Luck
 
I'm sorry to hear of your husband's issues, and the burden you have born. Best wishes to both of you.

You found it, right here. There are quite a few experts that can give you solid estimates with a few pictures, serial numbers and a few simple descriptions. Your price ranges will vary due to location, but a post here, especially with pictures, can get response in no time!

Other sites have listings of newer models to compare to , like Machinefinder or TractorHouse, but a few of these guys here, they may be quicker. (And you may find a buyer or two, as a side benefit)
 
How long do you want to wait for them to sell? If you do not care if they sit for a long time while you keep refreshing ads...by all means use Tractorhouse or Craigslist to determine value. There are a lot of dealers on Tractorhouse and those are retail prices generally. Not reasonable for private sale. Craigslist is loaded with overpriced tractors also. I have seen tractors sit on CL for years and not sell. Your best source for values is auctions where items sold. There are a lot of on-line auctions you can watch. Fellas here will give you a reasonable range for values. Some may sound low but they take into account the cost of repairs and restoration. Make a list, take some pictures. Post back. There is no obligation. :)
 
Good advice below, but I'll add one thing. If you google Machinery Pete, he has done auction data compilation for approximately 20 years. You need to pay a fee for his data base, but I have
found it worthwhile.

Good luck in your merchandising!
 
In a very ball park way there is a listing on the left (of this page) Tractor Values. When you post pictures you will need to ask
the moderators for permission. (keeps the sight free of nasty photos) Feedback Forum is the place to ask. Again to the left of the
page near bottom. Jim
 
Blue book is worthless it does not keep up with current prices as they have fallen a bunch just in the last yr. Location is a huge factor. How much farming is in the area and what do they grow there
 
Many times the small details make a difference if a tractor is a $900 project or a $4500 classic. In the 1950s tractors started coming with a lot of
options, like power steering, transmission choices, wide front, special cast weights, and so on. Also new tires are very expensive these days, so
good tires vs old cracked tires can be $1000 difference.....

You might have a rare combination that is worth a lot more, or you might have something common that is just running and no special features.
Can be the same tractor

So even if we know what the tractors are in a list, the condition will make some difference!

Would anyone be around you that could look thrm over and give a value to them locally? Any old tractor clubs in the area - thry likely will have
embers interested in buying, but if you get 3 friendly guys or one who isn't going to buy anything they would be able to note the special items
from the regular run of the mill.

If you have enough tractors, perhaps an auction would be the simplest way to move them on. Perhaps there is a spring consignment ag auction
near you, place them on the sales bill and people will come and bid them to usually a proper value for each machine. It does cost you 10% or
maybe more, but you don't have to deal with scammers, bad checks, or crooks trying to take advantage of you. It just gets it all done with no
extra fuss on your part.

Paul
 
Sorry to hear for your situation. I hope you and your husband enjoy your time together. We're glad to help ease some burdens, if we can!
Usually this crew on YT discussion forums does best with the following basic info:

1) Location (county/state)
2) Make and Model
3) Running or not?
4) Condition of tires (%)

There's obviously much more detail, but this is the quick easy way to start.
 
Tractor house and Craig's List are very good suggestions. Family and friends who have similar tractors could also be very helpful. Are there any old tractor clubs in your area, some of their members might help you, especially if your husband was a club member. A local auctioneer that does farm equipment auctions should be up on the current selling prices and buyer's moods in your area. Local farm equipment dealers probably won't be much help because they deal with newer equipment, but one might be able to get you in touch with someone who deals in the older stuff they don't like to work with.

Keep in mind that old tractor collecting is declining. Also tractor prices are not an exact science, guessing within plus or minus 25 percent of a selling price would be pretty good. Unless a tractor is very rare and sought after, condition will be everything in pricing on old tractors. Rear tires can be over half the value of many old tractors. Running tractors easily sell for more than twice the price of a non-running tractor. Scrap prices are around 2 to 4 cents a pound or about $40 to $80 per ton of iron.
 
Look at the photo ads on this site for models like yours. The nice thing is there are photos to see how the condition compares to what you have. Although I find the "search" capability of the photo ads to be not real refined, with a little looking you can find various models for sale.
 
When I got divorced an auctioneer came here and appraised all of our assets. For a few hundred dollars you may find that a good appraiser is worth the money.
 
Lots of great comments below, Fastline would also be a place to look.

One more thought, might there be an auction in your future or a local consignment auction. Then maybe it is a matter of hiring the right auction company that can attract equipment buyers. You did not mention it so maybe my comment is not called for, but just my thought.

Even if you took them to an auction, more information on the tractors as mentioned below would help people here give you advice about an auction.

Paul
 
Search Craigslist for similar models,if they're on there for more than a week then that price is too high.Or put them on here for estimates and then really be confused(LOL)
 
I agree with the guys that said post photos on here for opinions. None of us have any horse in the race and as such you will come away with the truth. Only thing you may have to sort out is opinions by location and filter out the ones closest to your area. Good luck and God Bless.
 
Contact Polk Auction Company in New Paris, Indiana. They can give you a quote over the phone. polkauction.com or 1-877-915-4440.
 
I cannot agree more with what Dave says here. Worst place in the world to look is AUCTION TIME> What you find there is asking price of some high end dealer. Look at auction results if you want to determine what they will sell for. As he say if you want to keep them for a while the higher asking prices are OK but if you want to sell them you have to get realistic prices.
 
We have our equipment appraised every year to come up with a cost figure per acre. We use a local equipment dealer and auctioneer. All
publications such as tractor house and Craig's list are a joke!
 
I bought a book called Antique Tractor Guide. It is updated every year with new auction pricing. It has a lot of info and tons of serial numbers. No I have no connections with this book, just a subscriber.
 

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