Risky Bargain Hunting: John Deere Price  -- John Deere Tractors Discussion Forum and Review Risky Bargain Hunting: John Deere Price -- John Deere Tractors Discussion Forum

  parts   |   manuals   |   discussion   |   photos   |   podcast   |   reviews   |   specs   |   dealers   |   classifieds   |   contact   |   faq   |   myProfile   |   home          Login Now | Sign Up


FAQ:   What is a tractor?

Forum Index
New As Posted | Active Subjects



www.emerichsales.com - New & Used Equipment
          View Tractors For Sale!


www.partsbynet.com - Lawn and Garden Equipment Parts


Bernardsville Landscape Lighting
Click to Post a New Message!

Discussion Boards > Active Subjects > Messages as Posted > John Deere Price Forum

Page [ 1 ] | 2 | | Next >>
Reply | Pop Up Window Reply | Add PhotoAdd Photo
 11-30-2001, 20:26 Post: 33566
Don M



Join Date: Feb 2002
Location: myLocation
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 120

3
Filter by User
 Risky Bargain Hunting

I'm going to an auction in a few days that has a JD755 4wd with 70 FEL that I'm interested in. I have the exact same thing in a 1998 in excellent shape. The one at the auction is an older model and it is in about as rough shape as could be. I tried to start it but the battery was almost dead and would not turn it. I will be interested to see if they jump it and get it running or auction it as is. This tractor looks like it sat out every day for the last 15 years. Well it looks like it sat out for 50 years, but it's only 15 years old. The fenders are very rusty. Seat is junk. Missing side engine panels and front grill screen. Almost every knob is missing. Dash membrane over idiot lights is mutilated, none of the idiot lights work. It probably has not had good maintenance of fluids. It is really rough, and any prospective bidder will have to see it as a project. I'd enjoy the project at the right price. I know what one would be worth in good shape, but I need to come up with a limit for my bidding. If the engine is totally shot, how much is a new or rebuilt engine in round numbers? If the hydro is shot, how much? It's not likely that both would be dead, but maybe one or the other. I am assuming $2000 will about take care of either end.
Those are the two things that scare me the most, if I cannot run it before bidding. If it is not running, I am going to assume it needs an engine and bid accordingly. Any hard info appreciated.
-Don M






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-02-2001, 06:02 Post: 33591
Steve in Buffalo NY



Join Date:
Location:
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 1
 Risky Bargain Hunting

When you go to play the slots at the casino, how much do you bring with you? Same odds basically. "you pays yor money and ya takes your chances". Engine, hoses, radiator, hydro, clutch, brakes, dash........I'd pay $100.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-02-2001, 06:51 Post: 33593
TomG

TP Contributor

Join Date: Feb 2002
Location: Upper Ottawa Valley
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 5406
 Risky Bargain Hunting

The trouble with auctions is that people often get their egos into the bidding and end up with things their never buy at prices nobody would ever think of asking. A good approach is to set a value on the tractor beforehand and be absolutely certain you’ll never bid above that. That way you might get a bargain or you might pay a market price or you might save your money.

The tractor sounds like a restoration job, and I'm not sure such work ever pays for itself. I had a 1952 Nash-Healey for six years when I was young and has a soldier's and student's income. It took all of my money and I was able to keep it on the road about half the time. The experience cured me of such interests. Restoration does have value as an expensive hobby and some satisfaction driving around a classic. However the tractor isn't exactly an 8N or Farmall. It might be possible to tire of such a hobby quickly.

I know this isn't hard data, but I'm not sure that figuring the costs of possible overhauls etc. is a good way to set a value on the tractor. The potential total costs of repairing it are likely to be a bargain for the seller, not the buyer. It's not exactly a classic and it's almost a duplicate of an existing one that's in good shape. I'd probably try to think exactly how would I use the tractor and go from there to setting an upper limit on it's value to me. The most conservative way probably is to think of it as parts for the newer tractor (if many parts are interchangeable). That way the tractor is going to be a bargain if you get it, and if you get it running on the cheap, that's even better.

My brother-in-law likes Saabs. He has three of them, all bought for parts. With a bit swapping things around, a little repair and some junkyard work, he manages to keep one of them (not always the same one) in reliable working order. His hobby is having a good car on the cheap. He probably spends a lot of time avoiding spending money, and that should be added to the costs of his Saab hobby, but it's a hobby and he can afford the time.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-02-2001, 10:02 Post: 33599
Peters

TP Contributor

View my Photos

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

2
Filter by User
 Risky Bargain Hunting

I guess I would be a low bidder on the tractor. Considering the potential risks in term of investment to restore I would be less than $1500.
The second question is why? If you need a second tractor and something to putter with does it need to be dead stock reliable? I have had two tractors for years. One classic and one newer. The classic costs little to keep running and if restored makes a nice statement.
Pros: An antique tractor will not loose value. Restored looks nice and can be fairly reliable. You have hope of recouping some of you investment in costs on resale, not necessarily time. Easy to work on.
Cons: Not dead nuts reluiable. Harder to find parts. Not as ergonomic as new tractor. My not want to do large amounts of work on it.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-02-2001, 21:30 Post: 33619
ken dyck



Join Date: Feb 2002
Location: domain, manitoba
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 19
 Risky Bargain Hunting

one has to be carefull, sometimes free is too much to pay.
could be a real liability looking for heap of money.
once had a friend give me a JD sled. spent at least $1000 in repairs and
was able to sell it for $500. i then went out and bought a new sled.
Sometimes paying premium for minty stuff is worth it, then again sometimes you win
the lotto.......................






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-03-2001, 00:11 Post: 33622
mike



Join Date:
Location:
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 1

2
Filter by User
 Risky Bargain Hunting

Sounds like a parts tractor to me.

I have bought equipment for parts before and have done very well with it. Bought a karman giah that had been rolled down a hill to get the disc brakes for my brother. Sold the engine for what I paid for the car, gave the brakes to my brother and sold the rest for scrap. I suppose the scrap price barely covered the cost of the gas to cut it up, but it was a blast.

I also picked up a spare engine for my 69 chevy van. I paid 75 bucks for it and got emission pump, carb, distributor off it. Any single part was more than what I paid for the entire engine. I put the engine in the back of the van when I drove it to the wrecking yard many years ago.

It sounds to me like that tractor would make a great parts tractor if you already had one that needed "just a few things".. It also sounds to me like it would be a bad investiment as a starting point.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-03-2001, 07:24 Post: 33629
Art White



View my Photos

View my Photos  Pics
Join Date: Jan 2000
Location: Waterville New York
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 6840
 Risky Bargain Hunting

I think it sounds like the tractor is ready to be parts out to make someone elses tractor complete. Tractor sheet metal is expensive no matter what color it is. If it looks neglected now, chances it was for the full 15 years, ie; no oil changes, things lose that needed tightening and the list goes on. If you already owned one and you could use the parts great.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-03-2001, 08:16 Post: 33632
Don M



Join Date: Feb 2002
Location: myLocation
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 120

3
Filter by User
 Risky Bargain Hunting

All the advice reminds me of the concept of owning rental homes. 99% of people won't consider it because "I don't want to be called to fix a stuffed toilet on Sunday night". But those that can see past that are satisfied with the situation because they can see the reward side of things. Like most business-type endeavors, if it was too easy, everyone would do it.

My take on it is that it mostly just sat out in the weather, deteriorating, not being used. It only shows 432 hours, which of course could be bogus. I know I'd have to steal it to make it worthwhile. I understand the risks, I am just trying to quantify them better by knowing what a motor would cost. I have the same tractor, but it doesn't really need any parts. I am a good mechanic and like rewarding projects. Fixing up neglected but desirable tractors for fun and profit appeals to me.

Anyway, I appreciate the advice. It is always good to have a sanity check. Smile
If I buy it I'll let you know if I got something worth having or if I bought a turd.

-Don M






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-04-2001, 01:36 Post: 33644
mike



Join Date:
Location:
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 1

2
Filter by User
 Risky Bargain Hunting

He he he. I know what you mean about rentals. My wife was scared to death of the thought. Then I introduced her to the property manager who is on call 24x7 for our property as well as a couple dozen others. Sure took the hassle out of it. The tenents pay the mortguage plus insurance plus taxes and we still get a c-note every month. Smartest investment I made, especially considering what the stock market has done this year Smile

Best of luck in whatever you decide.






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

 12-04-2001, 11:18 Post: 33652
cutter



View my Photos

View my Photos  Pics
Join Date: Feb 2000
Location: The South Shore of Lake Ontario, New York
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster
Posts: 1292

2
Filter by User
 Risky Bargain Hunting

Don I can symphasize with you. I like projects like that as well. Sometimes I win and sometimes I lose, but the satisfaction I get working on mechanical things makes it worthwhile. Some folks pay a shrink $50 an hour for that kind of relief!






Reply to PostReply | Quote Post Reply to PostQuote Reply | Add PhotoAdd Photo




Bookmarks: Digg It | Del.icio.us | Stumble This

Reply | Pop Up Window Reply | Add PhotoAdd Photo


Page [ 1 ] | 2 | | Next >>

Discussion Boards > Active Subjects > Messages as Posted > John Deere Price Forum

Thread 33566 Filter by Poster:
Art White 1 | cutter 2 | Don M 3 | ken dyck 1 | mike 2 | Peters 2 | Steve in Buffalo NY 1 | TomG 1 |




Most Viewed

+ John Deere JD 2520 Price
+ John Deere 3720 price
+ JD 110 TLB
+ Suitcase-Weights
+ MARK UP PERCENTAGE ON TRACTORS
+ John Deere JD 3520 W/CAB ORDERED MINE YESTERDAY
+ Deere 4110 on Craigslist
+ Good price for JD 4400?
+ jd 3203 vs Kubota L2800
+ John Deere 4400 or 4410

Most Discussion

+ JD 110 TLB
+ JD Ten Series Rebate Question
+ Trailering a JD 2210
+ Tractor selection assistance
+ Is Deere getting the message?
+ 2002 JD 4110
+ 4310 Price check
+ John Deere 2210 Pricing
+ John Deere 3720 price
+ 2210 Replacement

Newest Topics

+ Not sure how to price for sale
+ Value of 950 John Deere Tractor
+ Value of a 2003 John Deere 4600 HST 4x2 122.2 hour
+ John Deere 5105 or 5310 Tractor Prices
+ price for John Deere LC - 3 Excavator
+ In the Market
+ jd 2003 5103 vs 2002 gd 5205 vs 2005 kubota mx 500
+ John Deere 825i XUV Not Starting
+ 4105 vs 3320
+ Good price for JD 4400?













Turbochargers for Tractors and Industrial Machines
Cab Glass for Tractors and Industrial Machines

Alternators for Tractors and Industrial Machines
Radiators for Tractors and Industrial Machines

Driveline Components for Tractors and Industrial Machines
Starter Motors for Tractors and Industrial Machines