Resale value

[RBrown]

I just traded in my first Kubota and had it appraised so that I wouldn't get taken by the dealer. It was 10 years old, B2710 with loader and 72 in. mid mower and had about 600 hours on it. It was in perfect condition with no leaks or repair issues and was garage kept and freshly waxed. The appraisal said it was worth $11,000 and the dealer gave me almost $12,000 for it. But, he already had a buyer and gave me little more due to the shape it was in. In the end, I think he sold it for $13,500 but it was sold before it hit his lot. I talked with the new owner and he had been looking for over a year! I could of sold it myself but the dealer had the tractor I wanted on the lot and it was too fast of a deal to sell the old one myself. My wife also made it clear that I had to get rid of the old one before the new one arrived. Hope this helps and good luck!

 

[poldies4]

It seems like largely the question is how much use, and what type of use. For me, I seem to fall into the average, my BX is used when I have time. I wish that was everyday, but it isn't. If one can expect say 1000 ish hours trouble free, that for me would be almost fifteen years of use. So for an additional few thousand dollars I assume that my tractors life should be twice that of a machine with 500 hours on it. My tractors life is only relative to me and the time I own it. While I was shopping I found a nice JD for 8700 dollars. Comarable to my 1860, 900 hours but it was owned by a rental company. Anyone who paid, qualified or not got to operate/abuse that machine. One never knows what a used machine is hiding. My experience was that unless the spread from new to used widens considerably go new. The waranty/dealer support is worth it Also the additional investment now will set you up better in five years if you decide to trade/sell. Say 300 hrs vs 900 hrs.

 

[TripleR]

It seems like largely the question is how much use, and what type of use. For me, I seem to fall into the average, my BX is used when I have time. I wish that was everyday, but it isn't. If one can expect say 1000 ish hours trouble free, that for me would be almost fifteen years of use. So for an additional few thousand dollars I assume that my tractors life should be twice that of a machine with 500 hours on it. My tractors life is only relative to me and the time I own it. While I was shopping I found a nice JD for 8700 dollars. Comarable to my 1860, 900 hours but it was owned by a rental company. Anyone who paid, qualified or not got to operate/abuse that machine. One never knows what a used machine is hiding. My experience was that unless the spread from new to used widens considerably go new. The waranty/dealer support is worth it Also the additional investment now will set you up better in five years if you decide to trade/sell. Say 300 hrs vs 900 hrs.

Good advice and the reason I buy new unless I have the machine checked by a mechanic or I know the history. My last one was seven years old with 700 hours and it was used solely to run a rotary cutter and was bought new where I bought it with a complete maintenance record of which I got copies.

1000 hours may seem like a lot to some people, but I have tractors with thousands of hours and no plans to replace.

 

[newbury]

You've got to be able to adjust your needs/wants/wallet/time in a complex equation and strike like lightning.
The OP seems to have left the barn. Without telling us his variables.
Right now there is a 10yr old Kubota B2100 HSD for $5200 in Leesburg, Va.

on CL.

Won't last long.

/edit - this one does not look like a scam, but could be.

 

[93Mustang]

I too have been struggling to get a handle on resale values. Have been looking for a few months, trying to decide between new or used. Being somewhat of a numbers guy I built a basic pricing spreadsheet for used tractors based on pricing I have been getting for the same model new(I can get a little impatient when I want something and find having an "objective" source is helpful at keeping me in check.) I built in a "cash" discount to normalize against buying a new B series tractor with the 60 month 0% and a warranty by employing what I think is a very conservative interest rate as well as a subjective "depreciation" factor which I adjust based on how old/hours/type of use etc. Needless to say I have found my intial attemps at a "depreciation" factor have been woefully high based on what I can imply from what I see online/ebay etc and from a couple of offers that I have made (one of which I was basically laughed at).

I have also tried to apply this to prior models using pricing on this site from TBNers over the years for varios models which I can reasonably compare to the "new version" such as a 2910 vs 3030. I have been getting surprisingly low implied depreciation values for B series tractors (at least to someone who has recently starting looking at these things and having only a used car vs. new car reference point).

 

[ModMech]

Right now, with 0% in nearly every color, I see no reason to even look at used. That is, unless you need a 75+ HP tractor and have only $8k to spend, then you will be entirely in the USED (well used) market.