How much is my Case IH 245 worth on a trade in?: Case  -- Other Tractor Brands Discussion Forum and Review How much is my Case IH 245 worth on a trade in?: Case -- Other Tractor Brands Discussion Forum

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 01-13-2009, 14:26 Post: 159407
dannw1431



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 How much is my Case IH 245 worth on a trade in?

Hi, I'm looking to trade in my Case IH 245 4WD with FEL toward a new tractor which lists at about $24K. It has about 1300 hours on it and I purchased it new in 1989. It runs good, has 4WD, and I maintained it well, I just want a new bigger tractor. Any idea what it's worth in a trade in? I'm looking for ideas as to how to negociate with the sales guy toward this new tractor. It's been 20yrs and I want a new tractor.






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 01-13-2009, 19:42 Post: 159432
auerbach



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 How much is my Case IH 245 worth on a trade in?

There's enough of them around that it should be easy to find out what they're going for (or trying to), and an installed loader adds a couple thousand or so. That's retail, of course, and the dealer would deduct closer to wholesale. You'd do a little better selling privately, unless you'd pay a tax only on the difference (rather than on the entire amount of the new one). You could try selling it and if not successful, use it as a tradein.






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 01-13-2009, 21:20 Post: 159434
candoarms



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 How much is my Case IH 245 worth on a trade in?

Dannw1431,

You shouldn't have a difficult time finding a private buyer who would take it off your hands for somewhere in the neighborhood of $8500.00

If you go to trade it in on a new tractor, you should expect to get no more than about $5000-$6000 for it.

Joel






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 01-14-2009, 09:01 Post: 159446
dannw1431



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 How much is my Case IH 245 worth on a trade in?

Hi and thanks for your advise. I was hoping to get $6k for a trade in. Also I have a neighbor who wants to buy it from me, but I have reservations. I'd feel bad if he bought it and later had problems, although we have no problems with it now. I like my neighbors and sometimes I am cautious with mixing business and friends. Anyway, I'll keep you posted as how this turns out. I expect it will take a few more weeks to resolve.






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 01-14-2009, 10:20 Post: 159447
auerbach



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 How much is my Case IH 245 worth on a trade in?

I'm sure you know all this but I'll say it anyway.

You trade it in and the dealer sells it with a warranty or "as is" for less. You can do the same thing, and you and your neighbor share the money the dealer would have made. You can explain your concern, and you can offer to sell it as-is or, for an extra amount an undertaking to pay for repairs needed in the first x clock-hours or y days.

Buying the new one as a "clean deal" puts you in a stronger and simpler position. You could include in your offer: a demo of how to do routine servicing, one service call for troubleshooting or simple repairs if required, transport at their expense for any warranty repairs needed, and a few years' worth of expendibles (filters, fluids).






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 01-14-2009, 16:31 Post: 159458
kthompson



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 How much is my Case IH 245 worth on a trade in?

You could also offer him to have it inspected by a shop.

Don't forget you are not doing him a favor if you don't allow him to save say $2,000 either. Understand the issue on no problems. Or you could sell it to him for the $8,000 price and hold $2,000 for a period of time to cover a repair if needed. You could offer a $2,000 limit warranty. That would be 25% of the selling price and to me on a 20 year old tractor is right fair.






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 01-15-2009, 15:34 Post: 159491
dannw1431



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 How much is my Case IH 245 worth on a trade in?

I've got two quotes from dealers for my trade in for my 1989 Case IH 245 4WD w/FEL 1300hrs

1st guy said between $5000 and $6000

2nd guy came and looked at the tractor, started it up, checked it out and the next day $5500

Interesting it's close between the two dealers.

I'm going to speak with my neighbor soon to see if he is still interested. Thanks for everyone's help






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 01-16-2009, 08:55 Post: 159505
auerbach



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 How much is my Case IH 245 worth on a trade in?

At the risk of saying somethng obvious, or of annoying the fine dealers who read here, I doubt anyone would pay list on a clean deal for an optional, non-deductable purchase of a $24,000 tractor. So you might research what discount is feasible. Other things being equal, it's best to buy from the closest dealer, so leave that one alone until you know, and offer that amount to that dealer. (Of course, you never know what dealer has customers always looking for the type of your old one, or has the one you want sitting on the lot costing him money.)






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 12-28-2009, 20:30 Post: 167770
yellowstone



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 How much is my Case IH 245 worth on a trade in?

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Discussion Boards > Active Subjects > Messages as Posted > Case Forum

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