H prices

I have been looking at a distance at an H that seems to be complete. Dull paint, tires have that dull grey-black color of old, hard tires. Don't know yet if the engine is free, but I'd guess it isn't. Some people park them when they start to smoke or have some serious engine problems, thinking they're not worth the cost of fixing. I plan to get a closer look by asking the owner (first gotta find out if he'd sell the thing to a restorer). What would be a reasonable price range for this kind of machine? Would "junk price" be similar, assuming the tractor needed serious work to get running, maybe new tires, etc.? What would "junk price" be? Thanks to any and all who answer.

Non-running and in that condition $150-300 I have payed that price many times over. Sad thing is the H is also a hard tractor to sell again and even get your $$ back out of them

Yep,

Those ol' gals will soak up money like a sponge likes water.

I've got $6500 in mine and it's still only worth $1800. :>)

Allan

(quoted from post at 12:42:35 11/29/10) I have been looking at a distance at an H that seems to be complete. Dull paint, tires have that dull grey-black color of old, hard tires. Don't know yet if the engine is free, but I'd guess it isn't. Some people park them when they start to smoke or have some serious engine problems, thinking they're not worth the cost of fixing. I plan to get a closer look by asking the owner (first gotta find out if he'd sell the thing to a restorer). What would be a reasonable price range for this kind of machine? Would "junk price" be similar, assuming the tractor needed serious work to get running, maybe new tires, etc.? What would "junk price" be? Thanks to any and all who answer.

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What it's worth and what the seller is willing to accept are two entirely different things. If the current owner has any concept of what an H has been selling for, he will think it is worth $1,000 minimum.

RUSTY IS RIGHT ON THE MONEY,

There were a couple Hs that sold on sales not far from me a couple weeks ago. One looked like it had sat outside most of it life, tires were about gone but tractor ran good - brought $775. The other had good paint (repainted a few yrs ago), good tires, ran good but owner said had a noise in one gear in the tranny- brought $850. I my mind the later tractor was the better deal.

I;d say the H you described is worth somewhere in the $250 -$300 range. Really depends on what is wrong with the tractor. About 6-7 yrs ago I bought a M from a friend who was getting out of farming. Tractor had sit in the back corner of his shed for 10-12 yrs without being run. Tires were less than 40%, tractor was covered with dust & bird crap to the point you couldn't hardly tell it was red though they had repainted it & then backed it into the corner, and motor was stuck. I really didn't want the tractor but gave him $500 for it. I brought it home & washed it & to my surprise the paint was still good except a couple spots. I replaced one sleeve, honed the others, put new rings in it & reused the original 4" fircrater pistons. Head was cracked beyond repair so found a good head for $75 & slapped a new head gasket & head on. Tractor runs like a top and we use it unloading bins . I've got less than $750 in the old gal

Yea I would also agree with rusty. The others seem to me to be even below scrap price

Thanks, everybody. It's great the way forum readers help one another.