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Trade in allowance

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Hillbilly
Join Date: Jul 2004
Posts: 0 hills
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

2001-07-11          29971

How much do the dealers usally dock a person per hour when trading tractors.For example a JD 4400 against a JD 4600?

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Trade in allowance

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mlmartin
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Posts: 1
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

2001-07-11          29975

I think a better question would be "Should I trade my tractor in instead of selling it?". Used tractors seem to be worth very close to what was paid for them when they were new. The dealer probably can't get much more for your tractor than you can.
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Over the years I've changed cars a few times. I've always found that I can get more money for my old car in private sale than in trade. In one case, I donated a car to the special olympics and made out better than selling it.
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Here in Massachusetts there is a sales tax advantage to trading in. You are only charged the sales tax on the difference between the trade in value and the new vehicle price. I've always done better than that with private sale.
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Good luck,
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Matthew ....

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Trade in allowance

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DFB
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Posts: 1
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2001-07-11          29977

Subtract $20.00 per hour was what I was told by the dealership where I had purchased my tractor when I asked about trading towards another model while it was in the shop under warranty covered repair work last season. At the time it had 60 hrs on the clock and was about 10 weeks old. ....

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Trade in allowance

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MarkS
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Posts: 1
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2001-07-11          29989

It pretty much depends uopn several factors. Hrs on the tractor, general condition of the machine, market acceptance of the machine, age of the machine etc. Usually just like with car, the first couple years take the biggest hit. Then after that a tractors value goes down very slowly. I owened a 1996 Cub Cadet 7232 witha 72" belly mower. I bouth this machine for 12,500 new. I sold it just this year (5yrs old) with 600hrs on it. I got 8,000 for it on a trade. I was happy with that price. ....

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