Posted by DaninKansas on July 16, 2014 at 08:34:23 from (24.248.193.103):
In Reply to: Re: IH v8's posted by mkirsch on July 16, 2014 at 05:51:27:
Actually I base it on collector value also. As said they are big to store and expensive to work on and and operate (and these things always need work). Fewer people will "collect" farm tractors in the future as ever fewer people farm or even grew up on a farm. People that haven't farmed with them are far less inclined to collect them.
Its like the old Model As and Ts and other cars from the 20s, 30s, and even now into the 40s. The generations that drove and used them are getting so old they can nolonger mess with them and those cars are losing value every year with a few exceptions. Right now the hot models are the 60s and 70s as the boomer generation tries to relive its youth. Another 20 years and those cars will in general decline in value too (with a few exceptions).
The V8 IH's are probably at the height of their value or maybe slightly past it. In another 20 years the people interested in collecting them will down to such a small number their value with decline accordingly. The guy with 20 acres and an extra garage can't keep one of these the way a guy can with an 8N or a Super C.
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