Re: falling old equipment values

Posted by PeteNY on April 14, 2004 at 06:15:52 from (207.10.228.32):

In Reply to: falling old equipment values posted by Jonathan on April 13, 2004 at 10:35:30:

Depends on what you mean by "old". The collectible stuff from the '20s-'50s doesn't seem to be dropping. The outdated stuff from the '60s and '70s isn't worth that much because it's not yet considered classic/collectible, and not efficient enough for the farms that are turning a profit.
The demise of the small family farm is truly sad from a nostalgic/historical point of view, but it's Darwinism at work...survival of the fittest.
Many of the "corporate" farmers are successful family farmers that grew as needed. We, the public cannot support the "have nots" forever.
As far as the smaller tractors value...it will always remain higher (with or without yuppies) as they are much easier and more economical to move around from a collectors stand point, and handier for doing the sort of thing that people who still USE old tractors are using them for.
As far as the yuppies and their estates...they have the money and have found a landowner willing to sell, they can certainly be a pain in the keyster when they 1st move in, but they adapt, or move out. I'd much rather see a quaint farm there than a yuppy estate, but I cannot afford to buy the land and support the inefficient operation...can you?
A good H or M is worth somewhere between $1300-$2000 and has been for years. Their green cousins bring a little more just because, but I haven't seen these values fluctuate much. Again it's the big outdated not yet classic stuff that's cheap; big 30 and 70 series Cases, David Browns, the later White, Cockshutt, MM, and Olies, because where are ya gonna use them?

Follow Ups:

• Re: Re: falling old equipment values Very well said 07:46:38 04/14/04 (0)

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