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Collector value vs. practical use value
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Posted by Indydirtfarmer on September 19, 2003 at 04:01:53 from (66.83.236.250):
I was looking at a new John Deere 8520T yesterday, at the Deere dealership near home. It is a very impressive rig. GPS, and a host of "computer" gadgetry. A cab that's nicer than my pick-up. And a price tag that reminds me of what I paid for my entire farm.
Then I went inside, and ran into an old highschool buddy. He is "restoring" a 1966 4020, that he inherited from his dad. He couldn't believe the parts prices, or the "book value" of the old 4020. The parts man was trying to explain to him that this is a tractor that falls into both the "vintage" and the "still in use on the farm" catagories. It seemed to be a very abstract concept to someone that hasn't been involved in farming for 20 years.
Now you might think that you can see where I'm going with this, but my question is, do you think that with the tractor makers concentrating on big, high horsepower, high dollar tractors, and seemingly forgeting about the small tractor market, will tractors that are being restored today, be more in demand in the future, as "working" tractors? The ones made in the late 70's and early 80's seem to me to be the "last good small and medium sized tractors" Will the value continue to climb? Or is there a limit to what they are worth?
I wouldn't trade the ones I have, for new ones the same size. I can still work on the ones I have now. That wouldn't be the case with something like that 8520T I was referring to earlier.
What do you guys think?
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