Re: Opinions - Large auctions of tractors.

Posted by redforlife on February 16, 2023 at 07:41:29 from (174.210.164.34):

In Reply to: Opinions - Large auctions of tractors. posted by redforlife on February 15, 2023 at 08:21:06:

I'll add a thought or 2 since I said I might do that.

I don't know if anybody understands a hoarder. Why they accumulate stuff? And for what purpose? Investment, having thier own parts yard, collector gone wild, projects that get procrastinated and pile up? It's anybodys guess. But the truth is, a hoarder must care about thier stuff (atleast enough to own it), or they wouldn't be hoarders of it. Even if it's tractors.

Even if they have as little of care as mentioned, I don't think they would like to see about half of thier stuff go to scrap a month or so (whenever the auction is) after thier passing. I don't watch hoarders (the t.v. show) all that much, but what few episodes I have seen, these people have big time trouble throwing thier things away. Stands to reason a tractor hoarder wouldn't want to see thier treasures lost to scrap.

I didn't actually post this subject just to whine and complain about hoarders. Or rip them about neglecting thier mass of stuff. But maybe to offer some advice as a buyer and enthusiast myself.

My advice would be this, based off of the large hoarder auctions I have witnessed. The more stuff liquidated at one time, the higher percentage of it goes to scrap (it don't take long to find out who the iron guys are at an auction and know what thier bidding number is). Anybody that is actually rebuilding stuff, is buying one project at a time. Not 50 at a time. They might make an exception and buy 2 or 3 projects instead of one, but the truth is, these guys are going to have to stop someplace.

And no, alot of tractors aren't going to be resurrected by the fixer-uppers. Not every tractor is going to have new life blown into it. But you run into the same problem with your parts and salvage guys. They likewise are in few numbers and can only take on so much stuff at one time. And if they quit buying for the day, the iron guys are all that's left. They'll bring a crusher to the site, and it's not a problem for them to absorb pretty much any amount. All it means to them, is number of semi trips. They likely get thier money back pretty quickly. Likely get paid on every load after it's delivery. They don't have to sell parts to get thier money back, like the parts guys do. I talked to a parts salvage guy at one of these auctions. He said he'd really like to have more stuff from the auction than he was buying, but he simply just could not spend a solid 6 weeks hauling it back to his own salvage yard. Couldn't be away from his own buiness for that long and that constant. He told me himself, sadly alot of what he'd normally buy is going to the iron guy. Said he'd of took on alot more of the stuff if he'd of had a year or two to get it hauled off.

So, I guess if you really have a big hoard of stuff, and would like to see as much as possible be sold as projects or atleast go for parts, you might have a different plan put together than having a one day sell the day after your funeral. Because in reality, that's what a lawyer and an auctioneer will do when your gone. Unless of course your leaving it to a kid that has the same interest in your treasure trove. But from what I've seen, the larger the same day liquidation is, the larger the percent (not talking about amount, I'm talking percent) goes to scrap.

Probably the saddest thing I see at one of these sells, is seeing a tractor that is not a candidate to be a fixer upper, but it has a good this or that on it (manifold, hood, fenders, rear rims, what ever). And you know the iron guy is not going to even bother about taking it off and selling it separate as parts. It'll just be melted right along with the rest of the tractor.

Anyways, my thoughts on the subject. Thanks to those who replied.

Replies:

• Re: Opinions - Large auctions of tractors. Traditional Farmer 11:17:20 02/16/23 (0)

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