MT372d much value in repainting & model year?

[KenMT372d]

I am the 2nd owner of this MT372d with less than 400 hours which runs great / no problems. Have two questions would repainting the tractor increase the value much / what is the value? Any idea on the model year?

 

[skylarkguy]

That's a pretty nice looking straight tractor. You even still have the Mitsu logo on the hood. Paint for me can go two ways If it is done well it helps the appearance of the tractor. Done badly it just kind of makes it feel shoddy. Frankly I'd rather see a faded but otherwise well kept machine.

 

[Ilikeurtractor]

Based on the fact that a lot of "gray market" tractors get a fresh repaint and some limited mechanical repairs I'd say in general a repaint will increase the value of your tractor, especially to people who are unfamiliar with them. I bought a tractor from a guy who purchased it in 2003 and he said he bought it "new" in 2003. I told him the particular tractor model hasn't been in production since about 1980. He was upset to say the least, and you can guess he paid accordingly for the mistake. I'm not suggesting you try to knock off an old tractor as new, but my point is that a fresh coat of paint makes that kind of difference to some people.

Also consider that to do a reasonably good paint job takes a lot of time, some equipment, and supply costs and this should be reimbursed, at least partially, to the person who owns the machine.

Have a paint shop quote you for cleaning and/or at least the repainting and I'll bet you'll be surprised how much it will cost. This should be reflected to some extent in the sale price.

As to the value of the machine as-is, that will be all over the place depending on who you are dealing with. Most people looking for these tractors don't want to pay much for them and a lot of times the owners don't want much either. Personally, I find them to be a good value for this reason. There is another recent thread that discusses the market value of a very similar machine. You may want to read that if you haven't already. Unfortunately, you'll find the individual used parts of the tractor added up will quickly exceed the going price of the entire machine. A lot of people not interested in having operating tractors will capitalize on this fact.

 

[KenMT372d]

Thank you for the two replies regarding the value of repainting the MT372D. Think I am just going to sale it as is in good running order with the faded paint. Any offers for the MT372D....?

 

[evan price]

If it means anything, I woudn't pay extra for a machine with new paint. As long as it's not a total rustbucket, and it's been mechanically maintained well, I don't care if the paint is faded or there are a few rusty spots. It's a machine for work, not a Ferrari. But that's just my two cents, worth what you paid for it (nothin')

 

[oliver28472]

Many times it is better to see one in it's work clothes.

 

[duwem]

Wow, that is a nice clean tractor, just sun faded.

Leave it as is, if it doesnt sell, paint it.

I agree, I would rather buy something original and paint it myself than pay for someone elses mess of a "repaint" or "restoration" unless it was done right (a lot arent)

 

[Freakingstang]

**** nice looking mitsu... I'd leave it alone... Wish you were closer.....

 

[KenMT372d]

Re I am the 2nd owner of this MT372 - MT372d much value in repainting & model year?

I am the 2nd owner of this MT372d with less than 400 hours which runs great / no problems. Have two questions would repainting the tractor increase the value much / what is the value? Any idea on the model year?

Need to sale MT372D ASAP runs great, have new tractor with loader now.

 

[oliver28472]

I would personally rather see one in it's work clothes. I don't think you could recoup the cost of a decent paint job unless you do it yourself and do a good job with it.