Re: Machinery/Tractor Market

Posted by Kydirtfarmer on July 29, 2003 at 11:15:04 from (66.83.236.250):

In Reply to: Machinery/Tractor Market posted by Andy on July 29, 2003 at 07:42:29:

As a way to pay my way through college, my father got me started buying and selling tractors, and impliments, WAY back in 1972. I have been able to buy/use/sell equipment, in order to trade my way up to newer and/or better equipment for myself, as well as make a decent living.
I have noticed that the "in demand" equipment has changed in recent years. I used to sell 15 to 20 plows a year. This year, I've sold ONE.
What IS selling, is finish mowers, tillers, bush hogs, and GOOD hay equipment.
Tractors still sell very well. It's just getting harder to find good used stuff. As the "classics" get up in years, some people are scared of them. The typical first time tractor buyer doesn't know where to start with some of the oldies. They do, however, like the newer compact tractors.
As the years went rolling by, the numbers of smaller tractors produced, dropped significantly. With less to start with, and the higher prices that go with them, newer tractors are reserved for someone that has a real use for them.
The most popular tractor I can think of, is the Massey-Ferguson 135. I am paying double for them, over what I did 10 years ago. They are getting harder to find, and due to age, the quality is dropping. So, you're paying more, for less.
I also do quite a bit of "custom" work. Lots of bush hogging, and a good bit of tilling, with a 6' pto tiller. As the price of ownership drives some people away from what they want, the demand for custom runners is increasing. Five years ago, I ran about 350 hours, doing work for other people. As of the 1st of July, this year, that total is already above 700 hours. My phone doesn't stop ringing.
Bottom line; Good tractors and good impliments still sell. They are much higher now than several years ago. But, the decreased number available, just makes the remaining ones worth more. And, if you're lucky enough to have a decent tractor, and want to keep it busy, now is the time.
Hope this answered your question, Bill

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