Price Check dk45 used wholesale price?
- Thread starter dmltrac
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No Cab. Basic tractor with loader. My understanding is that the 2003 is the same as the 2004 models (correct me if I am wrong). It does have a brush guard. He purchased the tractor in april 2004, but serial number indicates 2003 model. It also has ag tires.
mike
mike
Well, here we go. This is the situation when you're thinking of buying a newer used tractor. Often, the new price is not that much more, and financing can be 0% or low percent rates, making the new tractor a more attractive deal.
For that model, I believe you still would have the balance of the 2/1 year warranty so that's not an issue.
The best way to price it is to price a new DK45 in your area and take off a couple of thousand for depreciation. 40 hours is really nothing, not even broken in (50 hours), but it is used.
I would say that if you could get it for around $18,500 that would be fair to you, but maybe not so fair to the seller.
One thing you must be certain of is that the tractor is paid for and not financed somewhere. I'm not sure how you go about this, but another member may be able to enlighten us. I believe we've had threads about this in the past. There is a UCC (?) filed on financed tractors that would let you know it's not paid for. I do remember a thread where the poster talked of buying a tractor that had not been paid for, and lost the tractor and money he had paid the unscrupulous former owner.
The price I gave is not based on a good knowledge of recent prices as they have gone up since I knew what they are, and regional differences can make significant change in pricing. Check out the new ones first, and let us know how it goes.
John
For that model, I believe you still would have the balance of the 2/1 year warranty so that's not an issue.
The best way to price it is to price a new DK45 in your area and take off a couple of thousand for depreciation. 40 hours is really nothing, not even broken in (50 hours), but it is used.
I would say that if you could get it for around $18,500 that would be fair to you, but maybe not so fair to the seller.
One thing you must be certain of is that the tractor is paid for and not financed somewhere. I'm not sure how you go about this, but another member may be able to enlighten us. I believe we've had threads about this in the past. There is a UCC (?) filed on financed tractors that would let you know it's not paid for. I do remember a thread where the poster talked of buying a tractor that had not been paid for, and lost the tractor and money he had paid the unscrupulous former owner.
The price I gave is not based on a good knowledge of recent prices as they have gone up since I knew what they are, and regional differences can make significant change in pricing. Check out the new ones first, and let us know how it goes.
John
( What would be a decent wholesale price for a 2003 bought in 2004 dk45 with 40 hours?
mike )
The prices I have seen so far on the new 2004 models of the DK45 are around $19.5K w/loader. The retails price for a used 2003 in like new condition for 10-20% cheaper than new. In premium condition I would think $17,000 to $17,500 would be a fair price; anything less would be a bargain. A tractor with 40 hours on it should look like new.
The wholesale price should be under $15K, perhaps much less. The wholesale price to dealers on new ones isn't going to be far from $15K, if it is that high.
mike )
The prices I have seen so far on the new 2004 models of the DK45 are around $19.5K w/loader. The retails price for a used 2003 in like new condition for 10-20% cheaper than new. In premium condition I would think $17,000 to $17,500 would be a fair price; anything less would be a bargain. A tractor with 40 hours on it should look like new.
The wholesale price should be under $15K, perhaps much less. The wholesale price to dealers on new ones isn't going to be far from $15K, if it is that high.
bluechip
Veteran Member
$15K wholesale on a DK45 WITH a loader? I wish we did that well! It wouldn't be proper to publicly post our wholesale cost though, but I'd sure hate for those reading to think dealers made that kind of money on a new sale... I'm not so sure the used wholesale value couldnt be that high much though...it will depend heavily on your local market.
depratt_equip
Platinum Member
</font><font color="blue" class="small">( $15K wholesale on a DK45 WITH a loader? I wish we did that well! It wouldn't be proper to publicly post our wholesale cost though, but I'd sure hate for those reading to think dealers made that kind of money on a new sale... )</font>
I'd have to second what bluechip has said.
I'd have to second what bluechip has said.
</font><font color="blue" class="small">( $15K wholesale on a DK45 WITH a loader? )</font>
Without the loader. That is why my estimate of the used 2003 with a loader is similar to my estimate for a new one. I should have made that clear in my post. Sorry for the poor wording on my part.
I'm basing my estimates on the prices that was given to me for a DK45 with loader. I am also assuming that the markup on the loader isn't going to be very much at all.
Without the loader. That is why my estimate of the used 2003 with a loader is similar to my estimate for a new one. I should have made that clear in my post. Sorry for the poor wording on my part.
I'm basing my estimates on the prices that was given to me for a DK45 with loader. I am also assuming that the markup on the loader isn't going to be very much at all.
</font><font color="blue" class="small">( Hi,
Can you confirm that there was no change from a 2003 model to a 2004 model?
mike )</font>
Except for the model years the tractors should be basically the same.
Can you confirm that there was no change from a 2003 model to a 2004 model?
mike )</font>
Except for the model years the tractors should be basically the same.
