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Farmall & IHC Tractors Discussion Board

Re: Future of tractor collesting


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Posted by RC Brooks on October 16, 2013 at 06:09:27 from (12.201.39.74):

In Reply to: Future of tractor collesting posted by Dave Meisner on October 15, 2013 at 18:15:24:

I think you will see prices rise, but keeping in mind inflation is a large part of that. People are already figuring out that older tractors are far better investments than newer ones.

Regarding letter series, I think the drawbar only will increase slowly. (well it"ll increase a bit more but mostly for inflation). Tractors with a fast hitch or 3-point will be worth more.

As far as tractor collecting in particular... more of these tractors are taken to scrap each day, so over time the prices WILL go up. Farming isn"t going anywhere, even on the sub 1000 acres farms. If anything, farming has again become possible on smaller farms due to other rising costs.

Oil (or synthtics oils and fuels... which are likely the future as pure electrics just aren"t feasible from a physics standpoint or ultimately financially either... though diesel electrics are [possible) will likely play a part as well (as mentioned) but there will always be something akin to it there as we aren"t going to be abandoning plastics anytime soon.

As far as "investments", they"d be good only from a work standpoint, being several times the tractor as modern equipment of the same price. From collecting... while there are certainly exceptions, on the whole MUCH of the collector market will likely pass after the baby boomers have also passed. That includes cars. While super premium cars will continue to gain, many of the midline cars from the 60s will lose their sentimental value, which has impacted their dollar value.

Though, I"ve often wondered how much collectibility of newer tractors might go, considering that plastic just doesn"t last. In 50 years, most of them won"t be running at all, not to mention being mostly un-skinned as the plastic has fallen away. You can see it now with many cars from the 80s. Warping, breaking cracking and that"s not even 40 years old. Who knows... maybe that"s where the future investments are :)


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