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Re: tractor value formula
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Posted by old dude on May 16, 2005 at 15:25:59 from (70.35.132.46):
In Reply to: tractor value formula posted by mikeinWA on May 16, 2005 at 11:30:24:
after many years of investing in heavy iron there seems to be an universal formula (basic line of thought)that actually may well predate mechanized agricultural equipment.Thus rendering any type of mathmatical formula useless. Simply put- regard the following: YOUR JUNK IS ALWAYS WORTH MORE THAN MY JUNK. This being the case trades can not be made without excessive boot given or cash deals can"t be made unless inflated prices are met. The end result= Heavy iron rusting away in fence rows or loaded on the slow boat to china. I ain"t no economic scholar just wanted to inject some ironic humor into this post. Anyone else out there come to this conculsion on the afore mentioned topic?
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