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Tractor Talk Discussion Forum

How's the market for old tractors?

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John in OR

05-01-2005 14:26:11




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Apologies if this is wrong forum, but I"d appreciate a little bit of your experience... How easy is it to sell an old, running tractor these days? JD 40S, bent sheetmetal, alternator doesn"t work, exhaust broken, skipping engine, first gear almost impossible to use ... but it works! I guess my question is, is it a buyer"s or seller"s market? If you needed to sell such a tractor quickly, what could you expect to get?

I"m trying to figure out whether to make an offer on such a machine from our landlord: we sometimes use it, and he wants to avoid liability issues. We"ve been maintaining it for a while, which is fun, but we don"t really have a bunch of cash to throw at it.

Thanks much, everyone!
John

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John in OR

05-13-2005 11:50:45




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:26:11  
Thanks everyone for your responses; they were very helpful. We ended up getting the tractor, but now are having a bit of trouble starting it! ;) Anyone have ideas, or should I post to the JD forum?

Cranking fine, battery seems ok. Last fall it started up pretty well, but now it just doesn't seem to fire. The gas cap was off for a while, but I added water remover ... with no effect. I'm a bit of a mechanical neophyte: what's a good way to test for spark? Or timing? Or gas flow?

Thanks all, I really appreciate the help.
John

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buickanddeere

05-02-2005 08:37:51




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:26:11  
Salvage price, less than a thousand and closer to $500.00 . Good sheet metal is getting hard to find. That transmission will have to come completely apart for at least one pair of gears and all bearings/seals. The electrical system has been butchered so an entire new harness and generator/battery. Battery doors are likely missing as well the grill bashed in. Any gauges are likely going to need replaced as well. New tires will cost $1100-1200. Exhaust manifold and who knows what could be making that engine miss. Any three point hitch arms left on it? If it was taken care of a complete and running. A clean 40S right out of the field can go $4000-$6000+, easy dependng on options.

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Brokenwrench

05-02-2005 06:58:21




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:26:11  
I dunno, but seems to me that every time I want to buy something, it is a sellers market. When I want to sell something, it"s a buyers market. Must be Murphy"s Law.



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lgc

05-01-2005 15:30:10




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:26:11  
If i were making an offer for what you describe, it would be more like $1000-1500. You could easily throw a lot more at it fixing it up. I know from experience. I paid 1000 for a 40t, and threw another 2000 in it before i was was through. It does look pretty good though. THe 40S is a more desireable tractor.



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old

05-01-2005 14:31:36




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:26:11  
So far this year it seems a little hard to sell one, seems like there is no money out there. A JD40S is one that will sell easyer then most and for a few more $$ then most, its sort of an odd ball/rare saw one like it but not the same go for $3200 and it needed a lot of work



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Mike M

05-02-2005 05:31:53




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 Re: How's the market for old tractors? in reply to old, 05-01-2005 14:31:36  
If you think there is no money out there pick up a copy of the muscle car trader and call about a few cars in the $10,000 to $15,000 range chances are there sold allready. Just make sure you call about the right cars,like camaros,chevelles,cudas. Actually those 3 listed the only ones in that price range are junkers,but they will be sold and sold fast!



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dr.sportster

05-02-2005 19:04:02




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 Re: How's the market for old tractors? in reply to Mike M, 05-02-2005 05:31:53  
That must be the tax cuts for the rich kicking in.Around here swap meet attendance and hobby money is tight to none.



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John in OR

05-01-2005 14:55:38




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 Re: How's the market for old tractors? in reply to old, 05-01-2005 14:31:36  
Wow. That's a lot! So the market's soft, but we're looking at a couple grand even though the tractor's in pretty rough shape? Is that something we could rely on pretty securely that we wouldn't lose our money on it? Or have folk seen 40S's or similar go for less than $2k?

Thanks for the quick response!
John



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Don L C

05-01-2005 20:48:50




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:55:38  
Right about three years ago I was shopping "PHOTO ADS" ....I remember seeing a tractor made from a Ford model T and a kit.....



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old

05-01-2005 16:27:37




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 Re: How's the market for old tractors? in reply to John in OR, 05-01-2005 14:55:38  
Its still one of those things you never know about. I've seen some go for almost nothing and other go for a lot. This on I saw was at an auction and you never know at one of them



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