Posted by Galen Houk on October 16, 2016 at 16:22:34 from (173.22.154.196):
In Reply to: Huge IHC sale in MN posted by Trygve on October 15, 2016 at 18:04:25:
I had a trailer there but hauled home a JD plow from a previous auction for a friend. Then I went to my brothers in Grove City and picked up a wagon I had left there. I am done collecting because my shed is full. I am in a selling mood. I just buy to resell now or buy something to play with for awhile and then sell. I knew a lot of the people there and I won't bid against anyone I know. I do best with tractors from $3,000 to $10,000 and industrial equipment. Some people might call me a Jockey but I don't like that term. I won't pay much more than half of what something is worth so if people aren't willing to pay more than me they don't really want it. If I buy something, I make sure everything works and then sell it for 3/4 of what it is worth. I take all of the risk and get burnt plenty. The nice bigger stuff sold for what I could sell it for and tractors without 3 point are really a tough market. The smaller stuff just doesn't have enough profit even if it is cheep. Another thing is that I am trying to buy equipment that someone might want to use and not collector tractors. Hope you got some nice tractors!
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