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Tractor Talk Discussion Board

Re: Flipping Tractors for Profit?


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Posted by the tractor vet on August 15, 2023 at 19:17:11 from (108.220.145.239):

In Reply to: Flipping Tractors for Profit? posted by Nebraska Zach on August 15, 2023 at 18:22:05:

I jockyed tractors for 20 Plus years and son you will get and EDUCATION and you will pay tuition while learning , If you think your going to go to auctions and get a deal , ah NO it aint ah going to happen for a long time as the auctioneer will spot you right off and he will have a ball rolling you in the dirt , Next up tractor fixen is expensive . and when fixen one ya had best know what your doing . Then comes the Hauling , this ain't the old days and you will make ne w friends that demand a ton of money for your transgressions of Hauling . Then ya need that one guy to come a buy your iron . Today there are NO deals like we use to get . I use to buy out of the DEAD rows for chump change and i would buy every I H tractor with the T/A out , why because i was a dealer for T/A's and stuff and i bought what i needed at COST . Then it would take me three maybe four days of work to get it up and running along with FIELD testing and when i sold a tractor that i had did the work on i sold it with a WARRANTY that might be a two YEAR and up to four years 100% parts and labor on my work ya going to do that ?? . Now days there are a ton of flippers and myself i would NOT buy from one , if i am going to buy a cobbled up chunk of iron it would come out of the dead row . I was introduced into the world of buying Iron by two other old time Jockey's and introduced to a flock of auctioneers across five states and yup we ran a lot of miles going to sales . From Jan till May one whole week out of a month we spent on the road going from sale to sale and on the other three there was a one or two day sale some place . And once you start down the rabbit hole YOU have to Buy and you have to sell sometimes you BUY only to find out that that is why it was at the sale and what you bought to make it usable it is going to cost you more then you can get out of it and you put it in a sale and you HOPE your only going to loose 2500 and when the hammer drops ya lost 3500 not counting all the running and trucking . YUP BTDT that is the payment for your education in tractor buying


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