Re: Older Tractor used Prices

Posted by Bill Smith on February 06, 2003 at 10:43:00 from (63.147.130.31):

In Reply to: Older Tractor used Prices posted by Jimbob on February 06, 2003 at 06:35:17:

Tractor value has come up since 12 years ago. A tractor that brought $500 in 1991 would probably bring around $800 today simply due to inflation. Stop and think about it, that is quit a bit just for inflation. Not sure where you are getting your value info, but classifieds are not good place to research. Maybe give you a ball park figure, but most prices listed in classifieds are the asking price and not the absolute bottom dollar sell price. Referring to classified info will likely give you a little bit of a high figure for tractor value. Good place to catch tractor value info would be at a real auction (one that you attend in person). I have my doubts about online auctions. Some of it might be legit, but some of it I think is illegit. You know the drill (fake bids, bid jumping, buyer backs out, and so on). I personally wouldn't put much stock in online auctions as to putting a value on a tractor. Pre-1950 John Deere tractors were pretty hot there in the early to mid 90's. Not near as hot of an item now. I feel, alot of interests is now being focused on small tractors such as a Masey Harris Pony, and Farmall Cub and well anything small. Also some growing interests in the tractors of the 60's and mid to late 50's. When John Deere turned hot, the prices just about doubled in price over the coarse of 2 or 3 years. But they have been at a pretty much stand still ever since, or perhaps come down a little, while everything else has been playing catch up. When they were hot, the John Deere A was bringing about double what a Farmall M would in the same condition. Now they are bringing about the same price. Over the coarse of inflation and John Deere not being as hot anymore, the value field has been leveled out in that regard. It's funny how that all can work out. Inflation can do screwy things that we don't really even take the time to figure out what it has actually done. Take the amount of price of new tractor in 1950, factor in the inflation process since then and see what you come up with. One that brought $1000 then would have to bring $10,000 atleast or more now to cover the inflation. One of those tractors in good as new condition now, isn't bringing anywheres close to that. Look at the big picture of inflation and the tractor market is way down. Look at the little picture (short span of time) and tractor market might appear as being up.

Follow Ups:

Post A Followup Name: E-Mail: Subject: Re: Re: Older Tractor used Prices Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]