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Re: Collector value vs. practical use value
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Posted by Brian in MO on September 20, 2003 at 07:46:11 from (216.73.199.179):
In Reply to: Collector value vs. practical use value posted by Indydirtfarmer on September 19, 2003 at 04:01:53:
After reading through all these posts it made me start thinking... Right now in our area it seems cattle are making more income on farms than any crop (notice I said income not to be confused with profit) I think big farmers 10,000 acres and more are always going to keep some demand for new and high hp tractors. However most of the average farmers are keeping their 20-30 yr old tractors and keeping them in very good shape and it's hard to spend $50,000 on a tractor when the $5,000 tractor in the shed will still do what you need done. You don't see very many of the 60-100 hp tractors sitting on dealers lots because new ones are too exspensive and used ones are still being used. A example of this is about a year ago I had a farmall 560 desiel I traded for a 1256 the dealer had been sitting on the 1256 for almost a year(too big and too old) my 560 was in excellent shape (new motor, paint, tires, etc.) I traded for $2000 difference. One week later the 560 was gone from the dealer (just a more usable size tractor). So all this being said I don't think old tractors can be restored cost effectively enough to be practicle to use as main tractors, however I think the ones we have that are maintained very well will serve our needs alot better than one that is full of plastic and comes with a payment book at least for the "chore" size traoctor. Brian
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