Used value on a 2520 with attachments

[wingsaircharter]

I am going to sell my 2520 with 65 hours on it. I want to replace it every two years to keep it in warranty. Does anyone have an idea of what I will be able to get out of it? It has the snow blower, 62 inch mid mount deck, and 200CX loader. I am having trouble finding a value for it.

Any help would be appreciated.

 

[jimgerken]

Wow, cool. With that strategy, you never even have to buy oil.
I am going to be blunt for your own good now, kinda like my dad used to do.
Personally I think you are nuts. Trading every two years is going to cost you around 6-8 thousand dollars each time. What could possibly go wrong with the tractor that would even cost that much? I would think you could own this tractor for around 20 years and there still would be almost nothing needing fixing on it, judging by the 35 hours per year usage you are applying to it. In 20 years, if you trade every two years, you will have spent something like $60,000, plus the original $20K you have in your present tractor, plus increases in cost due to inflation over those years. I know, it sounds rediculous. Think of it this way: If you can somehow get your present tractor to last 6 years longer, it will be completly paid for, by what you would have spent trading. It still won't have 250 hours on it, so it may have its second oil change inside it yet. These direct injected compact Japanese diesels will run 4000-6000 hours most surely without problems, and possibly 10000 hours. Yours won't be broke in for several more years, at your current usage rate. Your tractor will outlive you if you change the oil every couple hundred hours. You'll need tires in about 20 years.

Hope this helps and makes you think. Spend your money on something that needs fixing, your JD is not broken.

 

[Mike5252]

You might want to think about keeping the snowblower and using it on your new tractor.

As for a 2520, 200CX and 62D MMM, my humble guess is 17.5k. If you shop around you can get a new one for right around 18k I believe.

I just sold one w/ 125 hrs for 16.8k.

 

[bandit67]

I agree, it's a bit extreme to trade every 2 years to keep a warranty on a tractor. Tractors and motorcyles, in general, tend to be better designed and better built than many cars on the road. I can understand doing that with cars, but not with tractors, unless you're buying bargain basement overseas stuff.

Now, if the real reason is that you are experiencing difficult financial times, and are too embarrassed to talk about it, then that's a different story. If that's the case, don't feel bad, you have a lot of company. That's the only legitimate reason I could see for getting rid of such a new tractor and all the implements. Of course another reason could be that you just have too much money and it's always burning holes in your pockets, so I say go ahead and do your part to help keep the economy going.

Otherwise, don't sell & purchase new every couple of years to simply keep a machine under warranty.

 

[Agent Blue]

The main reason JD is purchased over other tractors is its reliability and resale value. There is no reason to trade after 65 hours. I traded after 2000 hours for a larger frame and four wheel drive. Find out what an extended warranty costs. Split the amount into months per year and put this amount aside in a seperate account. This is to be used for major repairs, not oil, filters, a damaged tire, or a new seat cover. You will discover this fund will grow far beyond any claims you may have in major break downs for many years. Remember, a warranty is not a guarantee. There are conditions that may be pointed out to prevent payment of claims.

These machines are mini farm tractors and are built to last in extreme conditions. Ask a JD mechanic what they have experienced in repairs and you may be quite surprised. Keep your money and get out a can of wax. The dulling of paint is going to be your largest worry !!

 

[wingsaircharter]

Just so you don't think I am nuts.....

The other reason is that I can buy a new one for $2-3,000 less than the normal outright "best price" that people on the board have been paying. If the tractor and implements don't depreciate by more than that every two years, I should be able to buy a new one for what I sell this one for.

Maybe I should ask it this way.

Can I get $18,000 - $19000 for a 2520 (with rear light and block heater) with 65 hours, a 47 inch blower with about 10 hours, a 200CX loader, and a 62" Mid mount deck with 1 hour of usage on it?

 

[JiminGa]

your tractor is probably worth $18k or so, problem you'll have is finding someone willing to buy it, they'll probably know they can get a brand new machine in the same price range and financing will be available thru the dealer.

 

[randyvl]

Might depend on where you live

I just ordered new today, 2520 w/ 62D MMM w/ Independ lift kit and Mech Dirverter, FEL w/ 61", 72" Rear Blade, I-match,Forward Lite Kit, extra I-match bushings

$20500 out the door.....0% for 36 months



couple of web sites to look at used

Used Tractors at TractorHouse.com: John Deere Tractors, used farm tractors and farm equipment, Case IH, New Holland, Agco, Caterpillar.

2007 JOHN DEERE 2520 306705 $15,900 NC

S/N: 306705, 2 hours, 26 hp, 4WD, w/ 200 CX loader, bucket, forks, only 2 hrs, warranty sale


Used Farm Equipment & Agricultural Equipment - John Deere MachineFinder.com

 

[Mike5252]

If you list for something that starts w/ an 18, I don't think you'll have much trouble. I've used tractorhouse.com to list several tractors in the past and have been pretty pleased w/ the results.

Good luck.

 

[Agent Blue]

I think you will have a problem trying to get this amount of money ( 18k ) out of a used machine. Your going to have to buy the replacement from a Deere dealer why not let them consign it ? Customers have a better feeling buying from a dealer as far as financing, repair, and service.

Deere has good resale... but not like the Harleys of the 90s. I would guess the dealer would want 6-7k difference.

Really doesn't make any sense to trade as you haven't gotten the first scratch in the paint or changed the oil. If your selling to eleminate something you don't need..... good luck !!!!!!!