Are You A Gambler?

   / Are You A Gambler? #31  
Regardless, they still have a Lot of good parts, and I don't blame the insurance company for not just selling them for $0.08/pound at a scrap yard.
Agree.

And besides, you Floridians must be good at fixing stuff that's been under water by now.
 
   / Are You A Gambler? #32  
At least Iron Planet did a pretty good job of taking pictures. Lots of what looks like silt throughout; on the lower part of the crate, on the top of the cardboard box, on the step-thru platform and pedals, on the fuel lines and line covers, on the starter, on the alternator windings and on the grill/hood front. There's rust on the steering column threads. The water must have been over the level of the hood and based on the silt, it wasn't clean water.

I don't see how these could be worth $8k in parts or aggravation.

The 3ph parts look good though.
 
   / Are You A Gambler? #33  
Well, if someone wants to buy one, and make YouTube videos, showing the process of getting it too work, and all; ill subscribe.
 
   / Are You A Gambler? #35  
If the wheels and tires came with it, I'd be tempted. Could be a fun project.

Then again, I already have enough on the list for several years.
 
   / Are You A Gambler? #36  
If the tractor is in a wooden crate you should see a water
mark to let you know how high the water was

willy
 
   / Are You A Gambler? #37  
I've seen deals like this at auction the second time around after the original buyer was swamped with bad everything and an open wallet learning curve. Anything close to worth anything is already gone and this is what's left. Buyers assume the best.

Assume the worst because is almost certainly what you'll get. Then figure out the hours of research you'll "save" at $120 an hour and the hours of educating a tech in flood damage repair, at out of pocket $120 an hour, plus hauling both ways and that's a better bet. Parting out and storing those parts is the best use now and you'll still have parts left when you die.

I've learned the price of all things, when all known or suspected is factored in is the same. This discounted machine, when fully operational and parts, labor and aggravation are factored in is roughly the same price as as used model in the same condition the damaged one ends up as. Maybe less because buyers are skeptical of these things. That's why guys that put a lot of money into a car restoration gripe when they can't get half what they have into it, not counting labor.

Better to buy used that's a little older with maybe a problem and rotten tires and fix it. That's works and you have a better grip on what you have.

Here's an example:









i
 
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   / Are You A Gambler? #38  
wouldn't remotely consider the purchase. too many electronics/ sensors alone to go wrong.
plus dealing with possible water entry in the engine intake. pass on it unless you're in the specialty parts business regards
 
   / Are You A Gambler? #39  
Post a link to the auction

Ok, this looks like an older thread. That tractor went for $17,000 (plus fees?).

It looks like it could be an interesting project. However, the tractor has been out of the water for 7 months. One could get lucky and it stayed dry inside, or one could have a rusty corroded mess. Most of the main components are there, but no tires in any photo, nor a bucket or other accessories. We have a local tractor scrapper that might have wheels and tires... hopefully.

I'd be more comfortable with a flooded 30+ year old tractor, that one could get just days after being pulled from the water, and was in good working condition before the flood. Clean it up and see how one fares. The electrical system on my old Ford or Deere is pretty simple.
 
   / Are You A Gambler? #40  
Yeah, at $17,000, I don't think that gives you the wiggle room for replacement parts, repairs, and still a healthy profit margine to cover your risk. That price is someone gambling that a fluid change and wheels/tires are all it needs, and that's a dangerous gamble to make. I'm bot saying it absolutely needs more, but you got to build that risk unto your bid. I mean, let's face it, he bought that for $22,000 by the time you figure wheels/tires into equation. and don't know about Iron Planet, but generally between Buyers Premium, card fees, tax, typical auction is over 20% more than bid.
I see this being min $25.4k adding tires/wheels/auction fees, and a single full machine fluid/filter set up; vs $35.7k for brand new equivalent, zero risk machine. I get it, $10k is significant, but even if you need guages/some wire harness, battery cables, a starter (keep in mind how low the starter is, without wheels), and $120/hr help; I don't like it.
 
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