Re: 560d?? Too Much??

Posted by Allan in NE on January 06, 2005 at 15:40:12 from (148.63.132.164):

In Reply to: Re: 560d?? Too Much?? posted by farmallkid From ONT. on January 06, 2005 at 14:38:24:

FK,

I really don't look at the asking price that much, but rather try to think ahead, down the road, to the money I'm gonna have in the thing after all the dust has settled and I put 'em back into new condition.

I try to keep 'em at or below the new selling price if at all possible, because not even figuring in the cost of inflation, I feel these old tractors give you one heck of a bang for the buck using today's money.

Just ask that dealer what a brand spankin' new 55-horse tractor will cost you.

So looking at a worst-case scenario, you have a new T/A, clutch and batteries. But the down side is that the tractor, more than likely, will need an engine, tires and a paint job at the very least. All of a sudden, that $5500 tractor becomes a $10,700 tractor.

Now, what is 42 years of inflation worth, would you think? The tractor originally sold new for $5500 American.

The dealer has $2500 in that unit and he wants to double his money back out (normal operating procedure).

But forget that for a minute; the bottom line is that it is your call and your decision as to how much you want to drop on your favorite tractor.

If you want and if you are able to pour the money into it (and make no mistake; you will), go buy 'er. Only you know what that tractor is worth to you.

Just the way I do it,

Allan

Follow Ups:

• Re: 560d?? Too Much?? Glenn F. 16:26:21 01/06/05 (1)
  • Re: 560d?? Too Much?? Allan in NE 16:43:52 01/06/05 (0)

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