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Post by adamL on Dec 29, 2007 14:55:20 GMT 1
Just been looking at tractorhouse.com at secondhand tractors and the prices are... interesting
1998 (typo?) JD 4955 with 13,082 hours $42,500!!!
1991 JD 4955 with a more respectable 3200 hours $63,500 yikes, that tractor is nearly 17 years old.
1991 4955 with 10,000 hours is $35,900. I know they were good tractors in their day, but surely you can $42,500 is a bit salty for a tractor with 13000 hours.
Case too,
2001 MX 135 7593hours with a loader (boo hiss) $44,000. In my book, never by a tractor with a loader on it.
1999 MX135 4000 hours no loader and you'll need $52,500 for that please sir!
There was a 1997 JD 6400, open station with a loader and no bucket with a staggering 15,030 hours for $21,000! Who the hell would by that? It must be worn out with those hours on it
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Post by IH on Dec 29, 2007 17:11:46 GMT 1
I'm not surprised, the prices for used here in Canada are the same....local NH dealer has a 8970 with 10,000 on it, asking $117,000
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Post by Bernhard on Dec 29, 2007 17:13:20 GMT 1
I don´t understand your exitement. If you convert the $ to the € and take a look at the european agmachinery sites, it is not hard to figure out, that prices are nearly the same.
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Post by adamL on Dec 29, 2007 20:20:20 GMT 1
I had a look in FW today, those prices still looked high, you could get lower houred stuff for less. Anything over 10,000 hours should be priced by the tonne. Who ever buys that 13,000hr 4955 is going to surely have to put another $20k into it with spanners.
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Post by eppie on Jan 1, 2008 18:44:40 GMT 1
Maybe its an idea to export those oversized Magnums back to the USA, over here they arent worth much because they are of no use for a contractor, because of their turning radius they have trouble to get to the manure pit on older (smaller built) farms. A local contractor used to have 2 manure combinations, with Ursus 416 (1634) tractors. Some years ago he changed them for Magnums 7230. Since then, his workers keep complaining, damaging barns and asking us to pump all manure to a single pit where they can get to easier. We kept telling them that if we had to suck it into our own tanker, we might as well bring it to the field ourself... Since last year another contractor does the manure, with an even bigger tank, with an MF 7400 series pulling it. This company doesnt damage barns, nor complain about the small driveways
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Post by JD Kid on Jan 12, 2008 3:09:56 GMT 1
Hi ya could it be just the lower numbers sold and a lower turnover ?? ya see on the fourms guys selling tractors in the UK with low hours on them where as the USA a lot higher houred units on the market . guess after 2012 the number of low houred trades may start to dry up a bit more older gear being used in the USA even know of a big cropping farmer still useing a chain driven case he made the cover of a farming mag a while ago .. guess it's what someone classes as getting old some 6 year old and 4000 hours is sell time others 10000 hours and 20 years is just run in a motor rebuild and it will do another 10000 hours catch ya JD
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Post by adamL on Jan 12, 2008 11:02:46 GMT 1
JD, I think you will find, and anyone feel free to correct me, that the late low houred kit for sale here is nearly all x hire stuff. You can use hire charges against tax so people will hire in extra tractors at peak times. No body wants to hire anything but late plate stuff. It would be interesting to hear from Lee and hugh on the economics of running the tractors. Alot probably hinges on tax laws for capital allowence on new machines and repairs. If you run them for a couple of years and swap while they have loads of life left in them, then the resale is better and they haven't let you down. Or you can work hard 'em hard and maintain them well and run them into the ground. The latter would depend on out of season maintainance and the availablity of a tractor when your 10,000 hr cultivation tractor dies in August. At work it appears that the sprayer mans tractor is on the regular replacement policy and mine is on the run it into the ground policy.
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Post by JD Kid on Jan 31, 2008 11:53:33 GMT 1
Hi ya yea i don't know how the tax laws work over there but here hire and R&M can be writen off so better to fix or hire .. i looked at tradeing a few years ago at about 3-4000 hours was the best time under that too much of a loss per hour due to if too high in price a buyer is better buying new over 7-8000 drops off due to guys worrieing about breakdowns .. buying best time is a low houred 2-3000 hour tractor all the bugs are ironed out all the big losses are gone and it's still worth something up to 7-8000 catch ya JD
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