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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 10:27:16 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 08:37:55:
Funny you should mention the under rated and under valued D-19. I bought my most recient one last spring at auction for $1,875. I put new govenor parts in it, a carb kit and a three point conversion. I've now got $2,395. invested in it. Now I see them advertized all the time for $4,500. but I bought the 3rd on I saw sell at auction last year and not one of them brought $2,000., so I have no expectation of getting $4,500. out of mine should I deside to sell it. I do however have a 70 hp tractor for less than $35. per horse power. Can you buy a John Deere for $35. per horse power? Heck my local JD dealer wants $2,000. for a 10 year old 16 hp riding mower. And I'm not saying his 10 year old 16 hp mower isn't a good mower. A John Deere just isn't someplace I want to tie up extra money. Of course I really hate to be too vocal about the tremendous value that a D-19 can be or a lot of other people will catch on and they won't be that value anymore. That is what has happened to John Deere, they have caught on in the mind of every person who ever wanted to set in a tractor seat and the price currently supported at an artificially high level. As long as that trend continues, JD investors don't have anything to worry about. It's the same thing with the little 8N Fords. They are overvalued and overpriced because they look so cute to people who don't really understand what it is they are buying. People who are looking for the best tool for the job and the best value for that tool can usually do better than John Deere. Now if my farming opperation was such that I was best served by buying new equipment and trading it in every 2 or 3 years, I suspect I would have an entirely different idea. In a case like that I think I would be very well served by John Deere equipment. That is just not the field I farm in, and I don't think it's the field a whole lot of people farm in.
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