/ Does Anyone Buy Used Tractors? #141
I read a lot through the buying/pricing/comparison forums and see that almost everyone recommends new over used. I also see where most folks on here end up buying new. I know it is not everyone but it seems more common. I agree that used tractors are very expensive.
1. Is it because it is harder to finance and folks don't have the cash?
2. Is it because folks don't want to pay that much for used?
3. If the used market is so expensive and no one wants to pay, why does the price stay high? Or are they selling for a lot less than listing price?
4. Are the used tractors even selling or do they just sit forever and not sell?
5. I read a lot of statements about certain brands having higher resale value. Does this even matter if no one wants to pay for it because the resale value is so high?
6. This might not relate but I see a lot if used chainsaws for sale that are way overpriced as well. I guess folks pay for it and folks selling think they are worth near new prices.
Whenever I am ready to get rid off something, I usually put a decent price on it and it sells quickly. Maybe I need to up my price when selling and be willing to wait 6 months.
Marc in Western Washington here.
I was looking for a new or used tractor within a budget but also wanted: a Kubota or John Deere, hydrostatic trans, fel, power steering, 4wd, and a 4cyl diesel. I found lots but only 1 that had the 4cyl. It is around a 1983 or 84 Kubota B2150 with quick detach FEL and came with a Belly mower. Had about 4K hours and although it had fairly new front tires it needed rears and the belly mower had quite a bit of work needed to repair rusted out holes and a new belt. The gear box was ok. The owner was asking $10k. I got him down to $9k and have had it for 3years and after bringing it home I put new tears and had them filled w/ballast, changed the oil & filter and it’s been a great tractor. There are deals out there but if you’re not mechanically inclined I’d buy new with a warranty. I am a retired sheet metal mechanic and pretty much can do anything that this tractor would need. I do suggest if you have a tractor, you need a welder and welding skills, especially a used one! Good luck!