Why are tractor prices higher!!
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=27250
Printed Date: 27 Feb 2025 at 5:22pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Why are tractor prices higher!!
Posted By: Orange Blood
Subject: Why are tractor prices higher!!
Date Posted: 13 Mar 2011 at 7:14pm
|
Is it just me, or are prices out of sight for tractors? It used to be that a guy with some looking could find a decent 7060 for around 6-7K, a WD45 running for around 700-1000, a decent 190xt for around 4500-5500. These were central nebraska prices. Now I am trying to find a couple of tractors to play with, and it seems everybody wants 1500 or up for a non running WD, WC, or similar. Am I just not finding the deals I used to, or what? Given, these don't seem to be selling, but they don't want to come down either. ------------- Still in use: HD7 WC C CA WD 2-WD45 WD45LP WD45D D14 3-D17 D17LP 2-D19D D19LP 190XTD 190XTLP 720 D21 220 7020 7030 7040 7045 3-7060 Projects: 3-U UC 2-G 2-B 2-C CA 7-WC RC WDLP WF D14 D21 210 7045 N7 |
Replies:
Posted By: Reeseholler
Date Posted: 13 Mar 2011 at 7:49pm
| I found when this "recession" started that prices went up. Everybody wanted to use their tractors as their stimulus package I guess. |
Posted By: ILGLEANER
Date Posted: 13 Mar 2011 at 8:11pm
|
Same resaon people want 6000 acre for ground when it was 3000 2 years ago.
IG ------------- Education doesn't make you smart, it makes you educated. |
Posted By: CTuckerNWIL
Date Posted: 13 Mar 2011 at 8:19pm
|
Yep, it's called inflation. Corn used to be $3.00 and now it's $7 so really your getting a deal if the tractor price hasn't gone up 50% in the last 2 years.
------------- http://www.ae-ta.com" rel="nofollow - http://www.ae-ta.com Lena 1935 WC12xxx, Willie 1951 CA6xx Dad bought new, 1954WD45 PS, 1960 D17 NF |
Posted By: wkpoor
Date Posted: 13 Mar 2011 at 8:23pm
| I think askin and gettin is 2 different things. I listed a wide front CA here for 750.00 and didn't get one nibble. Done knocked it in the head. |
Posted By: John (C-IL)
Date Posted: 14 Mar 2011 at 6:49am
| The prices of new tractors have pulled the prices of used equipment up also. Anyone looking for decent used horsepower is comparing prices to new. I payed just over $10K for my 7060, but I got a tractor that will last me the rest of my farming career. |
Posted By: DougG
Date Posted: 14 Mar 2011 at 8:52am
| Huh , here in Mo prices seem the same ??? Even a little lower , As stated askin and gettin that price or two different things |
Posted By: VTTractorParts
Date Posted: 14 Mar 2011 at 9:21am
|
Just after the market crash of 2008 people were fearful of what was going to happen with our economy. Businesses and individuals were highly leveraged and didn't have a revenue stream to pay for the debt that was incurred during the good times. Equipment and assets were being sold a fire sale prices. Now that things have "normalized", the fire sale prices are few and far between. The equipment that was sold during the panic was exported. Now that there is less good equipment on the market prices have gone up. The other factor involved in the price of old equipment is that scrap iron prices have climbed again to record levels. Depending on where you are in the country over-sized number one iron is worth between 185.00 and 300.00 per ton. What this means is that the 2.5 ton AC WD 45 is worth between 450.00 and 750.00 at the scrap yard. Therefore instead of taking insulting offers on the tractor people are taking off a few high value parts, carb, distributor, manifold, starter, alternator, radiator, tires, sheet metal ect. Selling the parts and sending the rest to the scrap pile. As oil prices continue to climb expect scrap prices to rise as well. If you really think you want that old tractor then pay the price or it is going to be exported and come back as another cheap consumer product with the "Made in China" label on it. |
Posted By: TomYaz
Date Posted: 14 Mar 2011 at 9:27am
|
Boy sounds like I need to jack the price of my refurbed all-crops LOL! ------------- If its not an All-Crop, it all crap! |
Posted By: Orange Blood
Date Posted: 14 Mar 2011 at 6:06pm
------------- Still in use: HD7 WC C CA WD 2-WD45 WD45LP WD45D D14 3-D17 D17LP 2-D19D D19LP 190XTD 190XTLP 720 D21 220 7020 7030 7040 7045 3-7060 Projects: 3-U UC 2-G 2-B 2-C CA 7-WC RC WDLP WF D14 D21 210 7045 N7 |
VTTractorParts wrote:Posted By: Bill Long
Date Posted: 14 Mar 2011 at 6:17pm
|
We have to remember that times are changing. There is more interest in restoring tractors than ever. The car restoration has gone out of sight and I feel many are moving to tractors for a rebuild. Also, with Grain and farm Prices as high as they are there is money available to purchase items. I see the truckloads of new imported tractors and farm equipment leaving the Port of Baltimore as living proof that the farming economy is better. I am certain good running used equipment now brings a premium.
I remember my friend in DE who repairs old tractors, hangs a lawn mower on them, and sells them at a profit. Last time he said that the people he sold them to were now buying them and bringing them to him to repair for lawn use.
Good Luck!
Bill Long
|
Posted By: wkpoor
Date Posted: 14 Mar 2011 at 8:37pm
| I think it really depends on what it is. Only certain models of any mfg are going to hold value or go up. All the rest is basically hovering at scrap value. |
Posted By: wkpoor
Date Posted: 14 Mar 2011 at 10:58pm
| I'm thinkin parts (for the most part hehehe) are way down too. Been a while since I did an Epay search for Allis. Did one tonight and only found 2 pages for CA. Most stuff had no bids. Used to be 25 or more pages of stuff. And this is prime time of the year too. |
Posted By: Steve Wilkens
Date Posted: 14 Mar 2011 at 11:35pm
| Three years ago sold a WD with a E series gleaner engine for $5,500.00. It ran great and was repainted and looked great. Have a similiar unit today, repainted with gleaner engine and a loader. not moving for $3,500.00 |
Posted By: Orange Blood
Date Posted: 15 Mar 2011 at 6:18am
------------- Still in use: HD7 WC C CA WD 2-WD45 WD45LP WD45D D14 3-D17 D17LP 2-D19D D19LP 190XTD 190XTLP 720 D21 220 7020 7030 7040 7045 3-7060 Projects: 3-U UC 2-G 2-B 2-C CA 7-WC RC WDLP WF D14 D21 210 7045 N7 |
Posted By: DaveCinIN
Date Posted: 15 Mar 2011 at 6:22pm
| Only 2 reasons for high prices. Someone wants it or the seller doesn't really need to sell it. |
Posted By: Tricky Dickie
Date Posted: 16 Mar 2011 at 7:25am
| More run-of-the-mill stuff will struggle during these difficult times, but the older machines will always make good money - there aren't any more of them! Tricky Dickie |