Resale value: Farming Ranching Agriculture  -- General Tractor Discussion Forum and Review Resale value: Farming Ranching Agriculture -- General Tractor Discussion Forum

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 04-23-2001, 18:48 Post: 27126
jeff winter



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 Resale value

First time responder . I've enjoyed reading all the different ideas from problems with equipment to which color is the best . My question would be . Give that JD and NH were of equal size and equip the same which would have the better resale five years from now ? Any ideas anyone . Jeff winter






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 04-23-2001, 19:13 Post: 27128
Mark E. Lamprey



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jeff, I to am fairly new to compact tractors, so I am sure that some of these guys with more experience can provide more valuable input. It seems to me that, irrelevent of the make, all compact tractors seem to hold there value quite well. I think a lot of it will depend on how the owner takes care of it, In the research I did for several months in an attempt to educate myself so I could make an intelligant and financialy sound decision I was surprised at the prices of even used machine. What I did learn was that most used compact tractors in good clean condition weren't over overpriced, they just held their value well. I also believe that answers to your question will vary alot dependig on which brand the guy answering likes better. Mark






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 04-23-2001, 22:57 Post: 27146
Roger L.



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All compacts depreciate slowly, but JDs are in a league all of their own when it comes to holding value.






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 04-24-2001, 06:14 Post: 27150
Mark E. Lamprey



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Roger, Your right. I have heard that about John Deere, even just recently from a man who purchased a NH TC35 last October. His opinion was that JD do hold there value better than some others. Mark






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 04-24-2001, 19:43 Post: 27180
jeff winter



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If the compact tractor are anything like the larger farm equipment I would agree that JD would hold it,s resale value better . Is there such book for used equipment like they use in the used car sales ?






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 04-24-2001, 22:56 Post: 27193
Roger L.



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There are such "used tractor value" books. I've looked at several of them. Only trouble is, the prices in the book don't seem to bear much resemblence to what I see them selling for locally. In most cases the book is undervaluing the tractor by a large amount. I don't want to be a tractor dealer, but if I could buy compacts for sale at the prices I was reading in the books for 10 year old 4wds, I'd sure be tempted to pick up a truckload just for the fun of passing along some good deals.






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 04-25-2001, 07:02 Post: 27206
Art White



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 Resale value

The resale books use what the dealers send into them as to what they have sold the pieces for. I know as a dealer I would like to get what I'm asking for a piece but that doesn't happen often enough. We to would like to see our equipment have the highest resale value but I know that those are not a priority to me in my daily buisness. Resale prices are often lower in some areas just do to the fact that dealers of that brand are not in that area and of coarse that would mean the book would be inflated. I also know that some manufacturers are more persistant that the dealers fill in those forms to help increase the resale value and of coarse there are those that exagerate what they have done. Most dealers use them as a guide or for reference only. We do have them and I often get a chuckle when I see that you can buy new in this area for less than the resale value in the book.






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

Thread 27126 Filter by Poster:
Art White 1 | jeff winter 2 | Mark E. Lamprey 2 | Roger L. 2 |




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