Price Check - 2006-John Deere 4720

[Freeborn]

Hi Group,

I'm looking for my first tractor to be used on my 100 acre hobby farm. I am looking at the 4720 series tractors, open station with a loader. Here is a typical unit I am seeing on Tractor House and was wondering what percentage I can get off the used price. Do you have any suggestions on how to negotiate?

I would like to purchase the tractor in the next 2 months.

I tried searching for similar threads but could not find anything.

Thanks!

John Deere 4720, priced at $29,800

Hours 800
hydro w/3 ranges, price includes joystick control loader w/6' bucket & pallet forks, quick hitch, front & rear lights, block heater, tilt steering, grill guard.

John Deere, Loader Model: 400CX
Wheel: Tires, Front Tire: Singles, Rear Tire: Singles
ROPS
Transmission: Hydro
Differential Lock
Quick Hitch
Three Point Hitch
Remote Hydraulics: 1
PTO: 540
Rear Tire % Remaining: 75, Rear Tire Size: 14.9x24
Length: 128
Fuel: Diesel

 

[CinderSchnauzer]

Check pricing here for 4720's available.
http://www.tractorhouse.com/list/list.aspx?ETID=1&Manu=JOHN+DEERE&Mdltxt=4720&mdlx=exact

 

[Freeborn]

Yep, those tractors listed are all dealer retail pricing. My question is what can I expect to negotiate off of what the dealer is asking for on a used piece of equipment. I have seen where new tractors are discounted around 18%, can I expect that much off what a dealer is asking for a used unit or more?

 

[yooper68]

You may want to check john deere machinefinder. Should be lots of tractors there. Also there may be some private party ads on tractorhouse. I think it would be tough to get 18% off asking price on used. $30k sounds reasonable for 4720 as described. Search enough and you may find a better deal. A former co-worker of mine bought low hour 4720 with cab, loader with grapple bucket, extra tires & wheels & heavy duty tandem axle trailer for $25k at bank repo sale 5 years back; it was probably worth $40k

 

[Freeborn]

Thanks for the reply Yooper 68,

I thought 18% was a stretch but it may be my starting point and hopefully I end up with a reasonable discount off list price. There are quite of few units on Tractor house so I figure there should be a motivated seller in the group.

I have to admit I have always disliked the process of price negotiating but its part of the process.

Thanks again!

FB