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  1. #1
    Bronze Member
    Join Date
    Mar 2002
    Posts
    57
    Location
    North Carolina
    Tractor
    1947 Ford 2N , 1952 Ferguson TO-30 , 1953 John Deere 40 Standard

    Default Farmtrac 435

    I have a chance to buy a 2004 Farmtrac 435 with 88 hrs + finish mower for around $ 7000 or maybe a little less.

    I have not seen the tractor in person but it looks very clean and dry ( no oil leaks ) in any of the pics.

    Is this a good deal and a good tractor ?

    The only thing I don't really like is that it lacks power steering.

    Does anyone make a kit to add on ?

    I don't know a lot about Farmtracs other than the future of the company is still in question.

    I am concerned about filters, spare parts etc..

    Please let me know.

    Thanks !!!!

  2. #2
    Gold Member redlevel's Avatar
    Join Date
    Jan 2005
    Posts
    357
    Location
    100 miles south of Atlanta
    Tractor
    Ford 600; Farmtrac 535

    Default Re: Farmtrac 435

    I think you should hold out for a 535 with the ps.

    That 435 is probably "worth" the $7000 as far as doing what you expect that kind of tractor to do. There is a question, though, about what these tractors will actually sell for in the future. I could have bought a brand-new-in-the-box 435 for $9500 two years ago. I don't think $2500 is enough of a discount now. There is going to be a "fire-sale" at some time in the pretty near future on these units. If you have been following the long thread, you know that there are hundreds (thousands?) of FTs on lots across the country. My dealer has 32, I think. Paint is fading, batteries are going dead, tires are cracking, the vinyl seat covers are cracking, etc., and frankly, right now, I don't think they are "worth" what a pretty good used "brand name" tractor with equal horsepower, four or five years old, with maybe 1000 hours is worth.

    I have a 535, and it is a fine little tractor. When I bought it I didn't expect it to have a whole lot of resale value. I expected it to have a little better than it does now, though. I believe the culmination of the whole FT deal is going to be a series of public auctions that will result in the tractors currently on dealer's lots being sold at somewhere around 50%-60% of their former retail. If a deal is worked out with some other company to pick up the line, I don't think the units on the yards now will sell for any more than 75% of their former retail. Realistically, what other manufacturer would want to pick up the Studebaker line now?

    I would like to trade up to a 545 or 555 because I really need a little more hp. I'm waiting for the fire sale.

  3. #3
    Silver Member
    Join Date
    Mar 2008
    Posts
    130

    Default Re: Farmtrac 435

    Quote Originally Posted by redlevel
    I think you should hold out for a 535 with the ps.

    That 435 is probably "worth" the $7000 as far as doing what you expect that kind of tractor to do. There is a question, though, about what these tractors will actually sell for in the future. I could have bought a brand-new-in-the-box 435 for $9500 two years ago. I don't think $2500 is enough of a discount now. There is going to be a "fire-sale" at some time in the pretty near future on these units. If you have been following the long thread, you know that there are hundreds (thousands?) of FTs on lots across the country. My dealer has 32, I think. Paint is fading, batteries are going dead, tires are cracking, the vinyl seat covers are cracking, etc., and frankly, right now, I don't think they are "worth" what a pretty good used "brand name" tractor with equal horsepower, four or five years old, with maybe 1000 hours is worth.

    I have a 535, and it is a fine little tractor. When I bought it I didn't expect it to have a whole lot of resale value. I expected it to have a little better than it does now, though. I believe the culmination of the whole FT deal is going to be a series of public auctions that will result in the tractors currently on dealer's lots being sold at somewhere around 50%-60% of their former retail. If a deal is worked out with some other company to pick up the line, I don't think the units on the yards now will sell for any more than 75% of their former retail. Realistically, what other manufacturer would want to pick up the Studebaker line now?

    I would like to trade up to a 545 or 555 because I really need a little more hp. I'm waiting for the fire sale.
    I could be wrong but the last time I heard Studebaker was still a viable car manufacturer in Canada. If we can get the parts supply question ironed out I really don't forsee tractors priced that low. If we do see them that low Textron will own them all and export them. Another scenario might be the U.S. government buying them to give away to the poor farmers in the developing world. Just think what they would save over buying Indian made J.D. or Indian made CNH tractors!

  4. #4
    Gold Member
    Join Date
    Nov 2003
    Posts
    348
    Location
    Pleasant View, TN
    Tractor
    Mahindra 3325

    Default Re: Farmtrac 435

    Quote Originally Posted by longtrman
    I could be wrong but the last time I heard Studebaker was still a viable car manufacturer in Canada. If we can get the parts supply question ironed out I really don't forsee tractors priced that low. If we do see them that low Textron will own them all and export them. Another scenario might be the U.S. government buying them to give away to the poor farmers in the developing world. Just think what they would save over buying Indian made J.D. or Indian made CNH tractors!

    Give them away all day long but when you need a part what happens. A tractor is only as good as its parts source. If I need a clutch and can't find one I have a huge lawn ornament not a working tractor. The only thing that helps Farmtrac outside of a new owner for the company would be a company who bought the molds and manufactured afternarket parts.

    I nearly bought a Farmtrac I am so glad I didn't heve the money at the time.

    Don
    Country Life Beats Working.

    Less than 1 month to Retirement

  5. #5
    Gold Member
    Join Date
    Feb 2008
    Posts
    282
    Location
    Central FL
    Tractor
    Working ones or ones in pieces!

    Default Re: Farmtrac 435

    Escort (Indians) owns the casting rights for all the old ford style tractors. Escort is the problem with parts at this time. Not wanting to sell to US. Talks are underway to come to an agreement with them to start selling parts again but that is a very slow process with much patience required, but heck you can't put a gun to someones head in another country and make them sell you parts. If they don't want to, they kind of got you stuck!

    The LS (Koreans) tractors that Farmtrac sells does not have a parts problem, thankfully. Can always get from Montana. LS is a much easy group of people to deal with also!

    But your statement is very true-warranty is only good with a parts supply! No parts supply-no warranty needed!

  6. #6
    Silver Member
    Join Date
    Mar 2008
    Posts
    130

    Default Re: Farmtrac 435

    Quote Originally Posted by DonWorrell
    Give them away all day long but when you need a part what happens. A tractor is only as good as its parts source. If I need a clutch and can't find one I have a huge lawn ornament not a working tractor. The only thing that helps Farmtrac outside of a new owner for the company would be a company who bought the molds and manufactured afternarket parts.

    I nearly bought a Farmtrac I am so glad I didn't heve the money at the time.

    Don
    We are working at the parts situation from two directions: 1) We are talking to Escorts through an intermediary about setting up parts supply. It will probably be through one of the large after market parts companies such as A&I, Tisco or Sparex. 2) We are at the same time investigating the possibility of a dealer owned co-op parts supply.
    We have heard from the intermediary that Escorts is "finalising a Distributor/Stockist" to provide us parts. (I received the email from him yesterday)
    We have a commitment from Textron to finance the dealer owned co-op if we go that way. The advantage to a dealer owned co-op is we have control.
    Currently we are sourcing parts from New Holland as well as the after market companies. This is the most expensive way but is something immediate. Part of the 3600 Ford tractors sold through Ford tractor operations to Ford tractor dealers to American farmers were actually made by Escorts. I don't know how many or which ones but I heard it from a company president in a dealer meeting.

  7. #7
    Silver Member
    Join Date
    Mar 2008
    Posts
    130

    Default Re: Farmtrac 435

    Quote Originally Posted by longtrman
    We are working at the parts situation from two directions: 1) We are talking to Escorts through an intermediary about setting up parts supply. It will probably be through one of the large after market parts companies such as A&I, Tisco or Sparex. 2) We are at the same time investigating the possibility of a dealer owned co-op parts supply.
    We have heard from the intermediary that Escorts is "finalising a Distributor/Stockist" to provide us parts. (I received the email from him yesterday)
    We have a commitment from Textron to finance the dealer owned co-op if we go that way. The advantage to a dealer owned co-op is we have control.
    Currently we are sourcing parts from New Holland as well as the after market companies. This is the most expensive way but is something immediate. Part of the 3600 Ford tractors sold through Ford tractor operations to Ford tractor dealers to American farmers were actually made by Escorts. I don't know how many or which ones but I heard it from a company president in a dealer meeting.
    I just found out there is a third possibility for the parts supply. The floor plan company Textron Financial is proposing to arrange the parts supply. They are at risk for large amounts of money if there is a fire sale and to cut the losses are proposing to arrange a parts supply. They are able to talk directly to Escorts so this may be the fastest method to get the parts to the dealers. I think if you have been hoping to see your local FARMTRAC dealer go under your hopes may vanish!

  8. #8
    Gold Member redlevel's Avatar
    Join Date
    Jan 2005
    Posts
    357
    Location
    100 miles south of Atlanta
    Tractor
    Ford 600; Farmtrac 535

    Default Re: Farmtrac 435

    Quote Originally Posted by longtrman
    I think if you have been hoping to see your local FARMTRAC dealer go under your hopes may vanish!

    I certainly do not hope my dealer goes under. I bought tractors from him when he was a Ford/NH dealer, a FT dealer, and will continue to do business with him.

    That wasn't the point of my post.

    My point, and I stand by it, is that dealers can not expect to sell these units, especially the "5 series" tractors, at anything more than fire sale prices. I might get dog-bit twice, but I guarantee I won't get bit by the same dog twice. If I know a dog bites, he won't bite me the first time. I would love to trade my 535 for a 545, or even keep the 535 and buy a 545 or 555. I think they are great little tractors. I am stuck with an 18 month tractor with no warranty. I am stuck with a high-interest FEL I bought as an add-on on the "better-than-zero" plan. I wouldn't pay a dime more than 60% of what a new 535-45-55 sold for before the catastrophe. I don't think any prospective tractor buyer who has done a little research would, no matter what corporate promises are made.

  9. #9
    Silver Member
    Join Date
    Mar 2008
    Posts
    130

    Default Re: Farmtrac 435

    Quote Originally Posted by redlevel
    I certainly do not hope my dealer goes under. I bought tractors from him when he was a Ford/NH dealer, a FT dealer, and will continue to do business with him.

    That wasn't the point of my post.

    My point, and I stand by it, is that dealers can not expect to sell these units, especially the "5 series" tractors, at anything more than fire sale prices. I might get dog-bit twice, but I guarantee I won't get bit by the same dog twice. If I know a dog bites, he won't bite me the first time. I would love to trade my 535 for a 545, or even keep the 535 and buy a 545 or 555. I think they are great little tractors. I am stuck with an 18 month tractor with no warranty. I am stuck with a high-interest FEL I bought as an add-on on the "better-than-zero" plan. I wouldn't pay a dime more than 60% of what a new 535-45-55 sold for before the catastrophe. I don't think any prospective tractor buyer who has done a little research would, no matter what corporate promises are made.
    What would you take for your 535 and not back up?

  10. #10
    Gold Member redlevel's Avatar
    Join Date
    Jan 2005
    Posts
    357
    Location
    100 miles south of Atlanta
    Tractor
    Ford 600; Farmtrac 535

    Default Re: Farmtrac 435

    Quote Originally Posted by longtrman
    What would you take for your 535 and not back up?
    I would need $7800. minimum for the tractor without the loader, and I don't believe it will bring that under the current circumstances. Do you?

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