Re: Clearing Farm Auction Sales

Posted by JD 5020 guy on December 02, 2004 at 10:13:21 from (207.196.179.27):

In Reply to: Clearing Farm Auction Sales posted by Michael Soldan on December 02, 2004 at 07:11:08:

Your post makes a lot of good points. Just thought I would point out the other side. I have been to a lot of farm auctions were the farmer or seller was more then happy to see his equipment go because they don't have to break their backs trying to make a living by farming anymore and now that they have sold their land, they can take an early retirement and go to Arizona in the winter. I was at an local farm auction this summer and saw the famer/seller walking around with a big smile on his face shooting the breeze with other people explaining some of the equipment to the potential buyers. He didn't look disappointed to me. Some farm auctions I have been to have been the result of the whole farm being enrolled into CRP. The farmer wasn't sad to see his equipment go because now that his land is in CRP he never has to work again but still makes a lot of money. I know people who have sold their farm and equipment by auction and now live in a nice big house in town with a new RV, buy new cars or pickups every year, own boat and take vacations year around. Fortunately for me, I have been to very few auctions were I saw the pain on the seller's face. I was at one were the guy was so old he could just barely climb into his tractors to start them. But there is not much you can do about it other then bid on the machinery so that they sell for what they are actually worth. Or you can do what I did. Many years ago I bought a JD R manure spreader at a local auction. I knew the people. I took it home, go it fixed up and took it to the field. I took a few pictures and sent them a some pictures of our IH 240 pulling the spreader. I was told it brought a smile to their faces because they new somebody was taking care of their equipment.

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