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Farmall & IHC Tractors Discussion Board

is it time to get out of old tractors?


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Posted by sgt bull on April 28, 2008 at 07:50:16 from (166.159.173.247):

Just a thought. Gas may hit $6.00 a gallon this yr. Housing market is crashing, investments seem to be losing ground in many areas and for the first time in decades, we're hearing about "rationing." (granted, its a chain store and probably an artificial thing anyway. Besides, how much RICE do you eat a week? But still, it has been brought up.)
Show attendance is down because of high prices, and disposable income is becoming less and less.
With all that doom and gloom, has anyone else considered that its the time to unload some of your iron before it becomes worth scrap price only? I thing the good stuff will be worthwhile for a long time to come, but what about the run of the mill stuff? Farmall H's, John Deere B's, AC WD's and stuff like that? There will probably always be people who buy this stuff, but if you have to choose between gas, food, housing payments, and OLD TRACTORS, what do you think will win out?
I've started cleaning the shed. It always seemed like a good investment, but the market appears to be dwindling in the not so distant future and I don't want to get hung w/ a bunch of stuff I can't get my money out of. (I am keeping the ones that I get the most enjoyment out of, and use the most, but some of the "toys" are getting moved on.) Anyone else doing the same or even considering it?


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