Value of L2501 with 70 hours

[dan8152]

Has hydro, 4x4,loader w/skid steer bucket , and hood guard and 70 hours.

Just sold my 100hp tractor and getting rid of this for a 40-55 hp cab tractor
Only want one tractor but not sure of value of the kubota.

Tractor has been great just a little too small for my 40 acres


I want to sell quick but not give it away

 

[dan8152]

Anyone see any for sale with less than 100hrs? It's had the 50hr service.
I was hoping to get at least $16000
But have no idea how much it's worth in the Midwest.

I have seen a few in eBay but they all had more hours and had some implements with them.

Am I out of line at $16k? Any good places to sell? No luck on Craigslist

 

[motownbrowne]

You're gonna take a hit, I'd guess. A potential buyer has to get enough of a discount to forgo the warranty (unless it's transferable) and financing available when buying from the dealership. I'd think 20% less than retail might be a decent starting point. Good luck with the sale. What kind of tires do you have by the way? I know a guy who should buy one of these, but it'd have to have ags.

 

[Rock Crawler]

I was told by a Kubota dealer that trade value hits hard on year 1 at 30%, and then is 10% per year after that when looking at a trade value. Selling outright should obviously do you better because you know that a dealer is going to slap a few grand to that trade value and put it on the lot.

 

[dan8152]

You're gonna take a hit, I'd guess. A potential buyer has to get enough of a discount to forgo the warranty (unless it's transferable) and financing available when buying from the dealership. I'd think 20% less than retail might be a decent starting point. Good luck with the sale. What kind of tires do you have by the way? I know a guy who should buy one of these, but it'd have to have ags.

I have R4's

 

[Turbys_1700]

Look on Tractor House to get a value. On the featured listings a brand new one is listed in Arkansas for $16,750. One in Alabama with 12 hours is at $15,400. If I was in your shoes I would take my purchase price and deduct 10% for an asking price. Try it for a while and then reduce it after several weeks. You may get to the point it is better to trade in. Very few folks pay cash for anything anymore. They can get financing at the dealer.

 

[bspeedy]

If you're just looking to move it quickly, get the trade in value and add a grand or 1500 and call it good.

My opinion is that tractor will sell for 14-15k max.

I'd price it right to sell in a week or two rather than try to get every last dollar out of it. Machines that sit on craigslist sit forever and then everyone assumes there's something wrong with it.

 

[dan8152]

Look on Tractor House to get a value. On the featured listings a brand new one is listed in Arkansas for $16,750. One in Alabama with 12 hours is at $15,400. If I was in your shoes I would take my purchase price and deduct 10% for an asking price. Try it for a while and then reduce it after several weeks. You may get to the point it is better to trade in. Very few folks pay cash for anything anymore. They can get financing at the dealer.

The $16759 one was the lowest I have seen I can't find that other one

 

[Jstpssng]

If you're just looking to move it quickly, get the trade in value and add a grand or 1500 and call it good.

My opinion is that tractor will sell for 14-15k max.

I'd price it right to sell in a week or two rather than try to get every last dollar out of it. Machines that sit on craigslist sit forever and then everyone assumes there's something wrong with it.

The pic shows what you can get one for up here...Keep in mind that the 0% financing isn't free. I'm looking for a 3301 or something similar, and with the cash incentive on top of my down payment I can do just as well going through my CU. If (when) I pay it off early, I will come out ahead. Also, Kubota seems to have lowered their MSRP.
A 3901 speced out the way that I wanted it (Gear drive 4wd, R1 tires, skid steer loader) once listed for about $29000; the same tractor now lists for $26500. One dealer offered it to me for $23000 delivered to my door, but doesn't have it in stock.

 

[dan8152]

If you're just looking to move it quickly, get the trade in value and add a grand or 1500 and call it good.

My opinion is that tractor will sell for 14-15k max.

I'd price it right to sell in a week or two rather than try to get every last dollar out of it. Machines that sit on craigslist sit forever and then everyone assumes there's something wrong with it.

The dealers that I went to won't give a trade in price (non kubota) said it's too new Craigslist it

 

[dan8152]

View attachment 525172


The pic shows what you can get one for up here...Keep in mind that the 0% financing isn't free. I'm looking for a 3301 or something similar, and with the cash incentive on top of my down payment I can do just as well going through my CU. If (when) I pay it off early, I will come out ahead. Also, Kubota seems to have lowered their MSRP.
A 3901 speced out the way that I wanted it (Gear drive 4wd, R1 tires, skid steer loader) once listed for about $29000; the same tractor now lists for $26500. One dealer offered it to me for $23000 delivered to my door, but doesn't have it in stock.

Thanks that helps even though it shows non hst (mybe $1000?) more for hst. Are there two loader options? Mine has grill guard but I tried to build on kubota site and it had two loader options.

 

[dan8152]

Well dealer gave me offer for trade in. It dropped 40% since "they drop in value quickly":shocked:

 

[Fallon]

Well dealer gave me offer for trade in. It dropped 40% since "they drop in value quickly":shocked:

A dealer (car, tractor, whatever) is always going to offer 20% or so below market value. They need to make money reselling it. 20% depreciation driving it off the lot isn't uncommon for cars either.

 

[bspeedy]

Well dealer gave me offer for trade in. It dropped 40% since "they drop in value quickly":shocked:

So, what's the dealer's number? Like 12 grand or so? That's brutal, but they have to make a few grand for it to be worth their while.

Depreciation is a reality whether you sell it or not. Take the hit and get the tractor you want / need. It only hurts for a minute. A private party sale will get you more than they offered if you are willing or able to do that.

 

[Rock Crawler]

I have a 2013 BX25D TLB with 120 hours that sells new for around $19,500+tax in todays current BX23. I talked to my local Kubota dealer about trade, they said $13,500-$14,000. He said he would throw it on the lot at $16,000 and take $15,500... or he sugested that I can try to sell it myself for $14,500 or $15,000.

Just tossing some numbers out as another measurement point for percentages.

 

[bspeedy]

^^ Those numbers make sense to me.

One problem is that the low hour used tractor is competing against new, and new is available with low rate financing. You are looking for the guy with 15 grand in his pocket which is a lot harder to find than a guy that can pay 300 per month.

 

[dan8152]

So, what's the dealer's number? Like 12 grand or so? That's brutal, but they have to make a few grand for it to be worth their while.

Depreciation is a reality whether you sell it or not. Take the hit and get the tractor you want / need. It only hurts for a minute. A private party sale will get you more than they offered if you are willing or able to do that.

11,000

Plan on private party but I'm going to use it more since 70-150 hours make no difference in value it looks like.

Yea that new finance small monthly payment is hard to complete with. I paid cash and thought most do too but was wrong.
Thanks all for the great info and responses

I'm used to cars.
My Subaru Outback and toyato 4x4 hold their values so good used financed sells for higher than new most of the time.
I could sell either and come out ahead. I got kubota for that very reason I thought too.

 

[bspeedy]

Yeah - Kubota is typically the leader in retaining value. I think that you would find that the machine will depreciate over a period of years, and then begin climbing in value. At one point, due to the value of the dollar and the price of new ones, you will see the value cross (or nearly cross) the amount you paid for it brand new.

I've seen this with tractors from 8-20 years old.

A good low-hour used brand name tractor can often be worth more than you paid for it.

That said, the dealer is really cutting you deep on their offer. I think you can sell it for somewhere around 14k, which is certainly better than most of the other machines in it's class could hold.

 

[TMGT]

I wish I could get that setup for 14k here, that would be a 16-17k tractor on the used market in my area.

 

[bspeedy]

I wish I could get that setup for 14k here, that would be a 16-17k tractor on the used market in my area.

Maybe asking price. I have my doubts that the actual selling price would be so close to new. Lots of these things are regional, though.