Used prices going up, up, up - Tractor Futures!

[Snobdds]

Admit what you want about yourself, but leave me out of it.
Im nothing like you, and don’t want to be. LOL

Signatures check out.

 

[EddinKY]

I was looking for an older (10 year old) horse trailer to have as a spare in case of emergencies. Used to be, I could go on Craigslist and find a dozen, maybe 20. Now there are only 2 or 3 and grossly overpriced. I don't think the monetary policy of last year, 2021, is the reason people bought fewer horse trailers 10 years ago. There was a deep recession 10 years ago and lots of people sold their hobby horses and did not buy a new trailer. So now there are fewer 10year old trailers sitting around in barnyards. I wonder how may horse trailer companies went out of business during that recession due to lack of demand.

Likewise, one of the reasons there are so few used cars today, is the recession of 2008--2012 when auto sales dropped from 17 million a year down to 10 million one year. That alone reduced supply by 15 million used cars.

 

[BubbaSam]

As long as the government has the attitude "We have plenty of paper, ink and the presses still work so we have lots of money" this problem will only get worse.

OMG! And OOOOHHH how true it is! Just keep handing out that Monopoly money.

 

[Robo 52]

well this post went seriously awry. Buncha John Kenneth Galbraith wannabes.

 

[rScotty]

well this post went seriously awry. Buncha John Kenneth Galbraith wannabes.

Everyone knows about costs, but some dwell on it

Although this thread started with prices, TBN is about real tractors rather than financial opinions.
There are lots reasons why people buy used tractors. Cost is part of it, but sometimes years go by before we realize that a certain model was special & maybe we should look for one.

Robo 52, I see by your signature that you've got a lot of used tractors.
Is price the reason you have those particular tractors or was it something else?

rScotty

 

[EddinKY]

It seems strange to me that everyone wants to blame shortages or higher prices on government.

For example, there are fewer and fewer small used tractors available because real farmers don't buy 40 HP tractors
anymore to use on the farm. Most real farmers used nothing less than 100HP...ask any real farm tractor dealer...not some one who caters only to suburban hobbyists. Look for a 30 year old 40HP tractor....not many around. But lots of 65 year old 40 HP tractors from the time when lots of small farms were still operating. So I guess long ago federal farm policy encouraged consolidation???? So we can blame it on the Govt?.....bit of a stretch in my opinion.

 

[ovrszd]

It seems strange to me that everyone wants to blame shortages or higher prices on government.

Not me. I blame it 100% on American Corporation Greed!!! 100%.

 

[Cahaba Valley Farm]

knobs present opinions as facts.

You mean noobs?

 

[Cahaba Valley Farm]

Nor is it all bad. A falling financial picture plays to the strengths of those who have spent a lifetime being financially conservative. They deserve a time to shine, too. A tip of my hat to the ghost of my dad and his depression-era philosophy. A general financial downturn finally gives the turtles a chance to catch up in this game.

Yep my dad is in that group.

 

[Cahaba Valley Farm]

There are lots reasons why people buy used tractors. Cost is part of it, but sometimes years go by before we realize that a certain model was special & maybe we should look for one.

Very true.