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Re: Tips needed on buying older tractor for brush
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Posted by John (MO) on September 21, 2004 at 08:03:08 from (198.209.172.106):
In Reply to: Re: Tips needed on buying older tractor for brush posted by Indydirtfarmer on September 21, 2004 at 07:21:29:
Over-rated? Maybe not. Over-priced? In my book, without a question! Some may choose to pay the price for the John Deere name, that's fine, it's their money they are spending. I however can get the same features and quality in several other makes of used tractors and keep a lot of extra money in my pocket. When I sell I'm going to get the same % of return on investment as the guy who bought JD (depending on condition of course). This is true for working tractors and equipment, those that are strictly in the collectors market follow their own rule, or lack there of as the case may be. It has long been know in the market place that not necessarly the best built product is the one that prospers or survives, there are many many other factors that come into play. Thus many pay hundreds of dollars for gym shoes that have a couple of dollars worth of canvas and rubber in them and are made for a few pennys of labor in some far off country. Or stock in some coumpany that doesn't produce anything can be worth a few cents one week, hundreds a few weeks later, and less than nothing a few months after that. Everone is free to spend their money as they see fit, that's the American way. I think a lot of people spend theirs poorly. I'll invest in land rather than overpriced tractor. 1150% increase in 5 years locally is better than you'll get out of the best 4020.
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