Posted by Traditional Farmer on August 11, 2019 at 00:19:45 from (71.51.177.247):
In Reply to: Old tractor market posted by Ollie76 on August 10, 2019 at 16:26:37:
Well the big surge in prices of antique tractors is over it was an abnormal blimp on the screen.Back in the 1970's when I started into the old tractor dealing old tractors from the mid 1940's back bought next to nothing if it wasn't something with hydraulics and some sort of Live PTO very little demand.I've had old tractors like IH F20,F12,older 2 cylinder JD,AC WC,early B not running given to me to move.Then the restoring/collecting craze hit and prices went crazy.It was a fad people owned the tractors that had no useful purpose for them so now that market has cooled so the demand is down.Even now though those type tractors bring far more most times than any useful thing that most owners could do with them.As long as the tractors bring over scrap value they haven't gone to 'nothing' just have gone to their commercial value.A $1,000 tractor I might buy and put to a use in some way but at $2,000 I'd pass because that'd be more than I'd want tied up in a single purpose machine that sits most of the time.The practical value for anything is the 'floor' for the price its worth. You want to see tractor prices drop just wait until the US economy hits a major snag and thousands of people can't make the payments on those over priced compacts the market will be flooded with those electronic nightmares that cost Mega Buck$ to keep running.
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