Thinking about selling

   / Thinking about selling #11  
Tractors are much easier to sell after they are like 5 yrs old. Before that you get killed on them. Why would anyone want to pay big $$$ for a used machine, when they can pay a little more and just buy a new one. There is no market for your machine, because you are competing with brand new units that can get financing or get a good deal from the dealers that are desperate.

I did a study several years ago on the Deere CUT prices (focused on the 755, 855 and 955 series machines since they were (and still are) so popular). Although not particularly scientific, my results were that tractor depreciation really flattened out at 5 years.
 

Tractor & Equipment Auctions

2018 Link-Belt LBX 300X4 Hydraulic Excavator - Aux Hydraulics - 6388 Hours Showing - 24 In Bucket (A53472)
2018 Link-Belt LBX...
2008 KZ Sportsman Police Bunk 5th Wheel Tri-Axle Travel Trailer (A51694)
2008 KZ Sportsman...
2017 Chevrolet Malibu 1LT Sedan (A51694)
2017 Chevrolet...
1992 Ford F-150 Pickup Truck, VIN # 1FTDF15Y3NNB06697 (A51572)
1992 Ford F-150...
2018 MDB LV600 GREEN CLIMBER SLOPE MOWER (A51406)
2018 MDB LV600...
2010 Ford Edge SE SUV (A51694)
2010 Ford Edge SE...
 
Top