ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 23,017
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
It is not just Kubota...
My boss bought a brand new off the show room Ford and enjoyed it for 5 years and sold it for 50K more than he paid...
2006 Ford GT paid 160K and sold it in 2011 for 210K
He really enjoyed it but at age 75 decided it was time.
I've owned many cars and have yet to sell one for less than I paid... only one was bought new so I will have to keep that one forever so as to keep my record in tact.
Buying right or buying when the item is near the bottom of the depreciation cycle is one way... I like convertibles of any kind and never a problem selling rust free California cars as summer nears.
Nearly broke even on my CAT D3 in terms of what I paid and what it sold for... plus I had 17 years of fun with very little out of pocket... batteries, fluid and some lines...
My boss bought a brand new off the show room Ford and enjoyed it for 5 years and sold it for 50K more than he paid...
2006 Ford GT paid 160K and sold it in 2011 for 210K
He really enjoyed it but at age 75 decided it was time.
I've owned many cars and have yet to sell one for less than I paid... only one was bought new so I will have to keep that one forever so as to keep my record in tact.
Buying right or buying when the item is near the bottom of the depreciation cycle is one way... I like convertibles of any kind and never a problem selling rust free California cars as summer nears.
Nearly broke even on my CAT D3 in terms of what I paid and what it sold for... plus I had 17 years of fun with very little out of pocket... batteries, fluid and some lines...