What's My Tractor Worth?

[Hdoilcan]

Just trying to get an idea what a dealer should offer me as a trade in on my tractor. I have a Kubota grand l3540 hstc-3 that I purchased new in January, 2014. It has the la724 72" ssqa loader, front 3rd function set up, 3 rear remotes (2 with float), upgraded front and rear led lights, rear wiper, alpine c/d player, rim guard filled r4 tires. It has 68 hours and is in mint condition. Also would like to know what I should be able to get for it if I sold it on Craigslist. I'm looking for ballpark figures here and understand different area of the country might be different...... I'm in the northeast. Any help would be appreciated.

 

[LD1]

I would say 20-25% less than you paid for it.

 

[BleedingOrange]

Your going to take a good hit on trying to sell alike new tractor.
Can you offer 0 % financing, like the dealers ?
Not many buyers around with that much cash.

 

[murphy1244]

Why are you trading a new tractor? I too think you will take it in the wallet.

 

[JOHNTHOMAS]

would like to know what I should be able to get for it if I sold it on Craigslist. I'm looking for ballpark figures here and understand different area of the country might be different...... I'm in the northeast. Any help would be appreciated. Go to Kubota site and do a Build your own with your tractor and that will give you MSRP price. An astute shopper can usually beat the MSRP by 8-10% and depreciation of new vs used and no 0% financing will take off another 10% so 18 to 20% off the build your own price and hope/pray to find one of those guys that believe used and cash is king.
Just trying to get an idea what a dealer should offer me as a trade in on my tractor.
[/You know the Kubota dealer can buy a new one for 10-15% less than MSRP and probably will only buy it to resale and not use for personal use so the dealer will want to reduce MSRP by another 10 to 15% for profit margin which the 0% is the killer.B]
On a trade with a dealer where he can make the 10 to 15% profit on the machine they are selling you may make a dealer settle for a bit less potential profit on selling your used tractor. If the dealer has a need for nice used tractors in the size you have then a better deal could possibly happen. I usually trade with Barlows because he sells lots of used tractors and doesn't have as high of a profit margin plus I need the state tax trade in credit not being a farmer. Maybe contact Barlows if your wanting to buy another new or used tractor.:2cents:

 

[peterc38]

I would say 20-25% less than you paid for it.

I would say you can do better than that if you sell in a private sale. A clean almost new tier 3 machine can be a valuable commodity these days. In April I sold a 2 year old L3200 with 100 hrs for almost 90% of what I paid for it to the first person that looked at it.

 

[LD1]

I would say you can do better than that if you sell in a private sale. A clean almost new tier 3 machine can be a valuable commodity these days. In April I sold a 2 year old L3200 with 100 hrs for almost 90% of what I paid for it to the first person that looked at it.

There is no guarantee's. He may be able to do better than 20%, but there is a chance he might not even do that good.

If I were in the market, and his was only a 10% discount, I'd rather buy new, with a new warranty, and dealer support to go along. I think new is worth more than 10%, but thats just my :2cents:

 

[Hdoilcan]

Why are you trading a new tractor? I too think you will take it in the wallet.

The only reason I'm selling the tractor is because when I bought it we were gonna sell the house and buy something with more land. I jumped on this tractor becsuse the price was good because they wanted to move it out for the new L3560 model.
I LOVE this tractor for the loader work I did and snow removal but I need something I can use for mowing and this one is just to big and heavy for that.

 

[Hdoilcan]

We decided to not sell the house and stay where we're at.

 

[Hdoilcan]

I just got s quote back from the Kubota dealer and he will give me $2, 645 less than what I originally paid for it before taxes. I don't that's bad at all. They only thing is I'm leaning towards a Kioti.