1989 Ford 1720, FEL, 4x4 ... what's a fair price?

dogdrool · May 26, 2015

I am considering the purchase of a 1989 Ford 1720 4x4, FEL, live PTO, ~1,400 hrs. It's a decent little tractor. It starts easily and is in decent condition considering the age. I've talked price with the seller. I offered $10,500 cash and the lowest he is willing to go is $11k. Based on what i've seem, it seems a little high. The tractor is located in Wisconsin. What do you guys think? I'm new to this, so looking for any advice people are willing to give.

NC419N · May 26, 2015

Looks like the high side to me as well. But without any details to the condition it is really to be sure. Just my .02 worth

dogdrool · May 26, 2015

appearance wise, it's got a little rust on it... nothing that can't be cleaned up. No big dents or rust holes. The tires are ag and look to have a good amount of life left in them. I would like to do this deal with the seller because it seems like a decent tractor, but i want to pay a fair price. i'm in no big hurry to buy.

Turbys_1700 · May 26, 2015

I own a 99 1720 with a front end loader I added 3 years ago...
My unit has 800 hours and is clean...
IMHO 10K is a fair price...
That would be retail...
Trade in most dealers would offer 7K-8K...
Those tractors go anywhere from 5K to 7K without loader retail...
You made a good offer...
If you have the time wait him out...
They don't come up for sale often...
Very reliable units...

City Farmer · May 26, 2015

I'd keep shopping. I sold my "97" 1715 with loader for $9500, It had 600hrs. For a few more $$$$ you can get a new machine. Look at an LSXJ2025, you should be able to get one under $14k with a warranty.
Edit Here's one:
LS XJ2025 tractor loader, 4wd

Fawken · May 26, 2015

Too high for sure.

dogdrool · May 26, 2015

Hello City Farmer. I see you are in Chesterfield. Are you familiar with Van Paemel Equipment?

Turbys_1700 · May 26, 2015

City Farmer said:
I'd keep shopping. I sold my "97" 1715 with loader for $9500, It had 600hrs. For a few more $$$$ you can get a new machine. Look at an LSXJ2025, you should be able to get one under $14k with a warranty.
Edit Here's one:
LS XJ2025 tractor loader, 4wd

The LS is a nice machine but is smaller and has less capacity than a 1720...
You would need to compare it to a G series for the size difference...