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 08-16-2007, 17:59 Post: 144750
emmigirl



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 Farm Sale Price Kubota B7510 and implements

Need a little advice. We are selling off the farm and its toys. What should we ask for a Kubota 7510 HST. It has only 22 hours on it. Mid mount mower 60". 5ft Bushog and a Woods box scraper. Mid mount mower used once. Bushog used twice. Also has a front end loader LA 302. I think it is a 2006 and has some remainder transferrable warranty left. Also has R4 Ag tires. Has been garage kept and not used in winter. Any input would be greatly appreciated. Art, my man, this was purchased from your outfit so we are in your neck of the woods. Thanks ahead of time.






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 08-16-2007, 18:22 Post: 144752
candoarms



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 Farm Sale Price Kubota B7510 and implements

Emmigirl,

It's very unfortunate that you are selling this tractor with so few hours on it. You should be able to ask near-new price, but things are working against you.

Due to the fact that Kubota offers such good financing incentives on new machines, to include cash rebates, most people would rather go with a new unit, than have to pay such high interest rates on a used machine......even if it is almost new.

You're probably going to have to offer a good discount in order to sell it. I hope everything works out for you.

Joel






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 08-16-2007, 21:19 Post: 144755
emmigirl



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 Farm Sale Price Kubota B7510 and implements

Thanks for a quick response, but what would the ball park price be for a new one of these so we could at least have a number to go down from without going in the hole too much.






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 08-16-2007, 21:54 Post: 144756
candoarms



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 Farm Sale Price Kubota B7510 and implements

Emmigirl,

The best place to check for prices that I've found so far, is tractorhouse.com

I find only two B7510HST tractors listed there.

One of them is a 2006 model with backhoe, loader, 200 hours, for $10,000.

The other is a 2004 model with loader, (no other implements) 179 hours, for $10,900 (Snow blower available for $1100 extra)


I would think that all of your implements, lumped together, would be worth about the same money as a backhoe.

You should be asking somewhere around $11,000 for your tractor, but I'm not sure you'll get that much due to the incentives offered by Kubota for their new tractors.

Anyway, that's just a ballpark figure, but please don't go by anything I've told you here.

List it in the paper for $12,000 and see what happens. You might find a taker real quick-like.

I hope that helps.

Joel






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 08-17-2007, 09:43 Post: 144760
DennisCTB

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 Farm Sale Price Kubota B7510 and implements

Estimate of Original Cost:

9000 B7510 Tractor
2200 MMM
2400 Loader
1000 Brush Hog
500 Woods Box scraper

15100 Total Cost

With only 22 hours it is essentially new. You should price out a new one at a dealer just as yours is set up to see what you are up against. Your only detractor is the lost warranty time. I would see if you could sell it for $14k.

Dealers don't usually discount the $6100 of implements you have very much and yours are basically new.

Dennis
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 08-17-2007, 10:55 Post: 144763
candoarms



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 Farm Sale Price Kubota B7510 and implements

DennisCTB,

I agree with you. However, when a potential buyer looks at this tractor package, versus a new package, the financing incentives offered by Kubota will more than make up for the slightly lower priced used tractor.

Maybe I'm wrong?

I honestly don't know what I would do if faced with this decision. I might take the used equipment -- new as it is -- so long as my banker could match the interest rate offered by Kubota.....or at least be close. If the price is no different at the end of the loan period, I'd take the new package.

I can see the possibility that a potential buyer may not qualify for Kubota's incentive packages due to bad credit, or some other financial liability. In that case, the buyer would gladly settle for the used tractor package.



Joel






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 08-17-2007, 11:48 Post: 144765
kthompson



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 Farm Sale Price Kubota B7510 and implements

There is also some buyers who pay...cash.


If you are selling the "FARM" and the package was bought for it, is it not possibly the new owner may be the best potential buyer of the tractor and equipment also? kt






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 08-17-2007, 13:23 Post: 144766
DennisCTB

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 Farm Sale Price Kubota B7510 and implements

Cando,

I agree, I am jaded as I never use credit or financing to buy anything. Buying for cash also puts the Sales Tax up to the buyers descretion Wink yeah right

Dennis






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 08-17-2007, 14:40 Post: 144769
candoarms



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 Farm Sale Price Kubota B7510 and implements

KThompson,

I'm not familiar with Emmigirl's particular situation.

Generally speaking, when a farmer decides to "sell the Farm", this usually involves the sale of the equipment and the household belongings. The land is usually kept by the farmer, to be put up for lease or rent to a nearby farmer. The most common scenario involves the farmer leasing his land to the Federal Government, under the CRP program, which can bring in as much as 40 dollars per acre for a period of up to 20 years.

Doing this allows a farmer to retire, while still maintaining a modest income.

In other words, most farm sales don't involve any land.

Joel






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 08-17-2007, 15:46 Post: 144774
kthompson



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 Farm Sale Price Kubota B7510 and implements

"Need a little advice. We are selling off the farm and its toys."

Candoarms...read with interest your comment on selling the farm does not mean selling the land. I have never heard that. Be sure in my part of the world when a person sells the farm or bets the farm or losses the farm...the land is gone.

What does it mean to "lease the farm"? Just wondering. kt






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Discussion Boards > Active Subjects > Messages as Posted > Farming Ranching Agriculture Forum

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