Has anybody else seen pricing trends changing.

[Texgasser1]

I have noticed at least around me the price of equipment is TANKING, Price of a lot of used stuff is dropping but especially older tractors it is at rock bottom.

How bought y'all?

 

[jon f mn]

Up til last fall at least, anything pre-emmission was very high. That includes 60s and 70s tractors. A 1070 case used to sell for $15-2500, now they can go over $10,000.

 

[Texgasser1]

Up til last fall at least, anything pre-emmission was very high. That includes 60s and 70s tractors. A 1070 case used to sell for $15-2500, now they can go over $10,000.

We had that for a while, Especially dually trucks, But it has slacked off a lot. Round here case 1070 brings 6-8

 

[SHALER]

We had a big consignment sale locally last week. I thought things sold about where they should, did not see any material decrease. As long as we have the Case theme going, a 1175 cab went for $8500.

 

[Texgasser1]

The kind of stuff I have been seeing is like a Poppin Johnny, $850. A J I Case 12-20 $1,000, A Fordson F on good steel wheels, $1500 Allis Chalmers WD $850.

All in Beautiful restored and running condition, and not selling at those prices.

 

[NY 986]

Some things are down somewhat but good equipment plus 1940's and up tractors are still holding their value. Still have to overpay for common tractors like a Farmall H or M.

 

[560Dennis]

Price of one cubs going up on Craigslist
The Fords ,Oliver’s and Massey holding steady .
I don’t take enough of a sample size ,just northeastern area.

 

[Texgasser1]

Some things are down somewhat but good equipment plus 1940's and up tractors are still holding their value. Still have to overpay for common tractors like a Farmall H or M.

What price is range is overpaying for the Farmall H and M for you?

 

[NY 986]

What price is range is overpaying for the Farmall H and M for you?

An additional 500-700 dollars more than several years ago. Seeing a fair number of H's and M's bringing 1.750 dollars or more that are at best fair condition.

 

[Texgasser1]

An additional 500-700 dollars more than several years ago. Seeing a fair number of H's and M's bringing 1.750 dollars or more that are at best fair condition.

Down here those are actually bringing more, closer to $2500. Don't get it myself.

 

[JOCCO]

Well I for one don't think that inflation is under control! 2. I think we have market saturation on a lot of stuff so it is slowing down and used is not selling. Examples are those garden sheds, ATVs. Stuff that is pumped out in number like small mig welders, shop tools etc. Now far as old tractors most people want a new small 4 wheel drive with loader so the old Fords, Allis etc. Yes the price has come down. Around me farming is in a decline so lots of this stuff like square balers, planters and so on are not in demand so yes prices seem to be down. Also people are getting away from repair due to cost. Just simply buy a new item if needed. examples are weed eater, electric tools and so on. Couple to the fact that that some outfit is selling this stuff on every street corner, like Milwaukee tools. Might not be on topic with the question but what I am noticing.

 

[NDIHC]

The kind of stuff I have been seeing is like a Poppin Johnny, $850. A J I Case 12-20 $1,000, A Fordson F on good steel wheels, $1500 Allis Chalmers WD $850.

All in Beautiful restored and running condition, and not selling at those prices.

Not much demand for those tractors around here. The farms have gotten so big that a Farmall M isn't even a good auger tractor anymore. A yard/auger tractor now is a 2290 Case, 4430JD, 1066 IH and newer/bigger from there. I don't think my renter owns a 2 wheel drive tractor anymore. Maybe one on an auger in his yard. My cousin has been buying up 66 and 86 series IH because he likes them for cheap horsepower for augers and haying but for actual field work he has nothing but 4 wheel drive. The smallest being a New Holland FWA, don't remember the model. Tractors from the forties/fifties and older are basically being used to push a little snow and yard work on hobby farms here. And the people who grew up on those tractors are getting fewer every day. If you farmed with an M in the 50s or 60s you would be in your 70s at least by now.

 

[BarnyardEngineering]

The kind of stuff I have been seeing is like a Poppin Johnny, $850. A J I Case 12-20 $1,000, A Fordson F on good steel wheels, $1500 Allis Chalmers WD $850.

All in Beautiful restored and running condition, and not selling at those prices.

The vast majority of collectors that would be interested in tractors that old are in their 80's, 90's, or no longer with us. Market is shrinking on the really old stuff, and prices will drop. Yes, there will be an occasional gem that comes along and fetches a high price, but one high sale does not set the market. People seem to think their rusty old M is worth $25000 because a really super nice Super MTA Diesel sold for that much, for example...

 

[Big massey]

Not much demand for those tractors around here. The farms have gotten so big that a Farmall M isn't even a good auger tractor anymore. A yard/auger tractor now is a 2290 Case, 4430JD, 1066 IH and newer/bigger from there. I don't think my renter owns a 2 wheel drive tractor anymore. Maybe one on an auger in his yard. My cousin has been buying up 66 and 86 series IH because he likes them for cheap horsepower for augers and haying but for actual field work he has nothing but 4 wheel drive. The smallest being a New Holland FWA, don't remember the model. Tractors from the forties/fifties and older are basically being used to push a little snow and yard work on hobby farms here. And the people who grew up on those tractors are getting fewer every day. If you farmed with an M in the 50s or 60s you would be in your 70s at least by now.

66 & 86 series tractors aren't cheap horsepower anymore. They've been running 10K-25K at auctions lately.

 

[BarnyardEngineering]

66 & 86 series tractors aren't cheap horsepower anymore. They've been running 10K-25K at auctions lately.

They're the "hot" collectors' items right now. 66 series specifically. The 86 series are starting to get there, but there are a LOT of them that are cosmetically clapped out, and it's not easy to fix those rusted out cabs. You can yank the cab off a 66 series and turn it into an open station if the cab is bad. Can't do that with an 86 series, and good used cabs are far and few between.

 

[NDIHC]

66 & 86 series tractors aren't cheap horsepower anymore. They've been running 10K-25K at auctions lately.

I don't know where he's finding them but he's bought 4 1066-1466 in the past couple of months. He says he buys every 66 and 86 he comes by at a reasonable price. I have no idea what he's paying. But 10k for 100+ hp is pretty cheap compared to buying new at 100k plus for something to pull a rake or run an auger.

 

[Texasmark]

I have noticed at least around me the price of equipment is TANKING, Price of a lot of used stuff is dropping but especially older tractors it is at rock bottom.

How bought y'all?

I bought a well maintained Case-IH 395, about 45 HP in the fall of 2023 with new paint for $7500. Bought a Case IH 895 in Jan. of last year for $10k with cab. Both needed nothing major, including near new tread, on OEM tires and didn't use oil, coolant, or hyd fluid...all hyds worked as they should. The 895 had AC problems as you would expect but a $100 worth of fans solved that problem.

So was that a market up or down, I don't know. I thought the prices were equated to the condition and size of the machines.

 

[JOCCO]

The vast majority of collectors that would be interested in tractors that old are in their 80's, 90's, or no longer with us. Market is shrinking on the really old stuff, and prices will drop. Yes, there will be an occasional gem that comes along and fetches a high price, but one high sale does not set the market. People seem to think their rusty old M is worth $25000 because a really super nice Super MTA Diesel sold for that much, for example...

I hope they keep coming down and demand does also. That will let me get some of them like Case cc or allis RC Moline u series!

 

[JOCCO]

Something that concerns me is people not farming so no use for lot of bigger tractors. Homeowners, city farmers want their little 30 hp to mow lawn and play with.

 

[NDIHC]

Some things are down somewhat but good equipment plus 1940's and up tractors are still holding their value. Still have to overpay for common tractors like a Farmall H or M.

I don't know, dad paid $1250 for an M with a loader in 1978. That same tractor is still about $1250-$1500 today. Factoring in inflation, that is pretty cheap. $1250 in 1978 would be about $6000 today.