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Massey Ferguson Price Is it Good

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JeepmanNC
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Posts: 1
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2001-06-21          29486

I've just been offered a MF 1240, 4WD, 16 speed, 28 HP, Rear PTO, 600 hrs for $12,000. The following pieces of equipment are included in the deal: bushhog, tiller, cultivator, boom pole, aerator, auger, ridge disk, 7' mowing sickle, harrow, 6' scrape blade, rake, corn planter, cutaway harrow, scoop pan, turning plow, and a 6'x12' trailer. Is this a good deal?

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Massey Ferguson Price Is it Good

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Peters
Join Date: Feb 2002
Posts: 3034 Northern AL
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster  View my Photos  Pics

2001-06-23          29539

New list price on the tractor was ~ 16K. The used price on the equipment is ~ 4K depending on your location. Much of this you could sell as a yard sale or paper quickly if necessary therefore you are getting the tractor for 8K or 1/2 list price for 600 hrs on a the tractor. Good tractors generally hold their value, ie. you loose only inflation over time. The equipment will sell quicker separately than the tractor, except for the odd piece that is not commonly used. Answer you an not loose if you are smart about it.
Peters ....

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Massey Ferguson Price Is it Good

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Peters
Join Date: Feb 2002
Posts: 3034 Northern AL
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster  View my Photos  Pics

2001-06-23          29541

I swear I type 60 mistakes a minute. Where is the spell checker for us non typist and non spellers. You would think that someone with 9 year of post secondary education should have learned to spell. Unfortunately it is related to perception or the way we percieve words rather than some thing we can learn. Dyslectics of the world unite!!!
Enough ranting, as I said you can not loose if you are smart about it. Make sure you have costed all the use equipment before you sell off. Set the price a little high and come down to the value you want. Don't keep anything that you are not going to use in the future.
Peters ....

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