Re: Re: 706 IH 2800.00 Overpriced?

Posted by Ed on June 29, 2001 at 07:50:22 from (12.38.164.43):

In Reply to: Re: 706 IH 2800.00 Overpriced? posted by Ralph Butteris, MO on June 28, 2001 at 07:46:50:

I would pass on this one. The 706 wasn't one of IH's best tractors and with out a 3 point hitch $3,000 is a lot of money. Years ago I knew of a couple of farmers that were willing to give away a 706 with out a motor with a 3 point hitch. They have since been scraped.

With a 3point hitch and good engine the tractor might be worth $3,000, slightly more for good rubber and weights - but I would pass baised on the models history.

Down to the numbers.

I think the rebuild will cost you between $1,000 and $3,000 depending on what you find at teardown. This puts your cost at $3,800 to $5,800.

To have it done professionally will cost you $5,000 - putting the cost of this tractor at $7,800.

Let's not forget the tires. I'm not sure want size you have but new rubber will cost you a couple of grand more.

This is definately a good deal for the seller.

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