resale -

   / resale - #11  
</font><font color="blue" class="small">( I can see enough work to keep a tractor busy for at least a year, able to pay for itself, and accomplish a few things here at the house.
Now when the work dwindles away, if it should not regenerate itself, and i paid, say 22,000. for the rig, what would be the possibility of recouping a good chunk of the purchase price ?
I realize that usd compact tractors are hard to find.
I've looked for one with a fel & bh, 4 wd for some time and cannot find a decent tractor near here.
So a new one will be jusfine.
Looking at the ck30.

any input appreciated.

gump )</font>

In this day and age, it seems that everything has a LOAN VALUE. Only a handful of lending institutions will even talk about loans pertaining to used equipment. That has an effect on re-sale of late model used tractors. Combine that with the low rates available through dealers on new tractors, and you'll better understand why SLIGHTLY used drops off as much as well worn.

This also explains why it's much better (for the buyer) to deal with cash.

Throw in with that mix, the perception that certain brands are always better than other brands. (May be a shred of truth----)

Kubota re-sells good. John Deere re-sells GREAT. NH is in the hunt. Beyond those brands, it's a case-by-case, tractor-by-tractor situation.

Then there's the "classics". Certain models with-in a brand tend to re-sell with much vigor.

If you're trying to build a case for re-selling later at break-even (or even PROFIT) I'd look to something a few years old. (10 or more) Then look for a great INDIVIDUAL deal. Use for a time, then re-sell at top dollar.

JMHO, but I wouldn't expect to break even on ANYTHING newer than 5 years old (including new), unless you find some sort of "hard-ship sale". Too many people looking for that great buy nowdays.
 
   / resale - #12  
</font><font color="blue" class="small">( Only a handful of lending institutions will even talk about loans pertaining to used equipment. )</font>

Yep.. or.. if they will loan.. it's a bad rate. When i bought my NH 7610s.. 2 yrs used at the dealership.. farm credit was willing to loan.. at a bad rate. My bank was willing to loan.. at a slightly better rate... ( ended up getting an equity loan at an even better rate.. though it wasn't a loan on the tractor.. etc.. )


</font><font color="blue" class="small">( If you're trying to build a case for re-selling later at break-even (or even PROFIT) I'd look to something a few years old. )</font>

I agree with that too. My last 2 tractors i bought at the NH dealership were both 2-3 years old... and they took a significant depreciation hit vs new prices ( I'm glad they did! ).. however.. a few more years down the road, when
I traded one of those tractors back to the dealership ( to get the other one ). I got almost as much as I paid for it. Thus.. the value at 3ys old was virtually the same as the value at 7 ys old.. condition being nearly the same...

Soundguy
 

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