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Farmall & IHC Tractors Discussion Board

Re: Farmall 140 price


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Posted by Hugh MacKay on May 01, 2003 at 15:38:37 from (209.226.247.68):

In Reply to: Farmall 140 price posted by NCJohn on April 29, 2003 at 19:15:05:

John: This has been an interesting discussion. Tractor values I believe are on the rise, in particular the under 25-30hp range. I have been following this for many years and it has it's ups and downs. I have been to several auctions this spring and bidding is definately more brisk.

I have also been on forums here at YT for about 3.5 years now. I have seen more new faces here in the past 6 months than at any other time since I've been here. A lot of them have never owned a tractor before, and are asking what should I buy to do x, y and z jobs. Many of them probably would never have bothered if it had not been for this forum. The baby boomers are starting to retire. They are looking for new things to play with. Many of them are realizing how much more fun this old iron hobby is than golf, sailing, white water raftng, etc.

Old farmers like myself sit back and scratch our heads wondering why a Farmall Cub, SA, 140, Allis C, Ford 8N, etc would sell for more than than a Super MD, 560D, Oliver 88, etc. I farmed a good bit of my life and yes, with tractors up to a 150 hp. I would dearly love to have a Farmall SM, 656 or an 88 Ollie. Problem is what would I do with one at 60 years of age on 2 acres of land. And then there is the tinkering on them. At 30 years of age I could pick the cast center of a Farmall SM rear wheel off the floor and put it on the axle by myself. Today I find myself having troubles lifting some of the items associated with my SuperA, 130 and 140. I have lifting devices geared up I never would have dreamed of 30 years ago. Just consider where this puts the guy that spent a career behind a desk. I still have mussels kicking around he will never develop at 60.

Finally the other factor I see is people part with their money far to easily today. Back in the 60s you could dicker 20% off the price of a new car or pickup, try that today and they will laugh at you and walk away. I frequently run across people proud of the fact they spent $10,000. on something only worth and could be bought for $5,000. if one shopped a bit. They seem to be saying to the world, "I have arrived".

How long this will continue is anyone's guess. I suppose it's good for the economy keeping all this money in circulation. It's certainly good for these old iron marketing men making 100% markup.


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