mattman
Gold Member
Here is another question on the value of a used tractor. Tractor is about 5 years old, has less than 200 hours, looks real good. How much would you figure the value has dropped since new? Say the tractor cost 17,000 new, would 1,000 dollars a year for the age seem about right on depreciation?? So 5,000 less than the new price sound about right? The tractor may look like new, but the tractor is not new. No warranty left that makes the value less in my book. I want the tractor, but I feel like the seller needs to come down more than 4,000 off the price of it when it was new. I feel 5,000 would be fair to both me and the seller. I am tighter than bark on a tree when it comes to spending large amounts of money. I bought a new truck a couple years ago and kick myself in the butt everday, my old truck was paid for and reliable. Don't want to feel like that about paying to much for a used tractor.
What is everyone's thoughts on this??
What is everyone's thoughts on this??