Selling my BX2230

Billy_S · Feb 10, 2010

The wife and I have decided to move into town. I would like to sell my BX2230 and would like to get your advice on what I should ask.

Had it a little over 3 years. Bought it new. 400 hours. Maintained per Kubota schedule. Includes 60" MMM, Kubota loader, 48" King Kutter XB rotary cutter and a Mill Creek manure spreader that works but has definitely seen its better days. Other than the spreader, everything is in good condition. I am thinking of asking $8000 for all of it. Is this out of line?

montelatici · Feb 10, 2010

With the FEL you could probably ask for a little more, e.g. 10-12K.

bp fick · Feb 10, 2010

Don't want to rain on anyone's parade, but neither Ebay or Craigs has been fetching those high prices of late. Call it the economy, call it what you want to.
The market will tell you what it's worth, which is what someone is willing to pay and that hasn't been much of late. Best wishes on your sale and your upcoming move.

montelatici · Feb 10, 2010

bp fick said:
Don't want to rain on anyone's parade, but neither Ebay or Craigs has been fetching those high prices of late. Call it the economy, call it what you want to.
The market will tell you what it's worth, which is what someone is willing to pay and that hasn't been much of late. Best wishes on your sale and your upcoming move.

This BX 24 with 17 hours left is at $8,800 with 17 bidders, it should hit 12K by the end of it.

Kubota BX24 4x4 Tractor LA240 Loader BT601 Backhoe - eBay (item 290399029598 end time Feb-11-10 06:09:56 PST)

This BX 1500D w/o an FEL is already at 5K with 26 bidders and 22 hours left and should go for 8K by the end of the auction

Kubota BX 1500D Tractor - eBay (item 320484178922 end time Feb-11-10 13:49:41 PST)

This BX 24 has a buy it now price of $17,600, a bit ambitious.

Kubota BX Backhoe,loader,forklift, 5' Mower & WoodsRake - eBay (item 170444174900 end time Feb-19-10 11:50:40 PST)

So, I don't think asking something over 10K and then negotiating down to 8-9K would be outrageous. If he offered it for $8.5K I think he would have to negotiate down to something less and would be leaving money on the table.

BXs keep their value more than the larger tractors as a result of the larger consumer base.

bp fick · Feb 10, 2010

I don't argue with your figures, especially as to your point of starting too low and ending up selling it too cheap. I agree.

As for your ebay examples, both of those units have been up before and failed to fetch the reserved. Who knows?

Put them on your watch list and we shall find out. I would be surprised if the BX1500 brings more than $6500. The BX24? If I were a betting man, it will finish more at $10K.

Again, just put them in your watch list and see. These auctions give SOME indication of the re-sale market, but are not the end all nor be all.
Best wishes.

montelatici · Feb 10, 2010

bp fick said:
I don't argue with your figures, especially as to your point of starting too low and ending up selling it too cheap. I agree.

As for your ebay examples, both of those units have been up before and failed to fetch the reserved. Who knows?

Put them on your watch list and we shall find out. I would be surprised if the BX1500 brings more than $6500. The BX24? If I were a betting man, it will finish more at $10K.

Again, just put them in your watch list and see. These auctions give SOME indication of the re-sale market, but are not the end all nor be all.
Best wishes.

Ok, a "gentlemen's" bet. I'll put them on my watch list. But the poster asked about his "asking price", and I think it is too low.

Cheers,

bp fick · Feb 10, 2010

montelatici said:
Ok, a "gentlemen's" bet. I'll put them on my watch list. But the poster asked about his "asking price", and I think it is too low.

Cheers,

Agreed. But those eBay items are still fun to watch.

OK, I've marked them as watch.

The OP may have been overly pessimistic, but over optimism in pricing means people do not even call to make an offer, imho. It's a tough deal all the way 'round.

redharley · Feb 10, 2010

If anybody looking for this type tractor with mower,loader,bush hog,I would think it would sell QUICKLY at $8000-$8500 I know I would if I was looking. If you price new I would think this be a deal.

Billy_S · Feb 11, 2010

Thanks for the input gentlemen. I don't even want to put it up for sale until our place sells. I have to have something to mow with

. But, when/if the time comes, I would likely want to sell it quickly. That said, I don't want to give it away either.

bp fick · Feb 11, 2010

montelatici said:
Ok, a "gentlemen's" bet. I'll put them on my watch list. But the poster asked about his "asking price", and I think it is too low.

Cheers,

Oooops. That BX24 only hit 10,200. Hmmm.... A little short of $12K. Now let's see what happens to the BX1500.

Only 7 more hours.

montelatici · Feb 11, 2010

bp fick said:
Oooops. That BX24 only hit 10,200. Hmmm.... A little short of $12K. Now let's see what happens to the BX1500. Only 7 more hours.

But, it has been relisted with a "buy it now" at $12,900. Let's see what happens. You won the battle but not the war!

bp fick · Feb 11, 2010

It's neither a battle nor a war, just gentlemen playing a game of watching and wondering.

The OP will want to follow such things, imo, for a month or two, as the time approaches for his own sale. Call it the economy, blame it on zero financing, whatever, but cuts and scuts and such are simply not attracting the bids nor the prices that they deserve. The market is soft, no make that mush.

If someone must sell their iron now, he's likely going to take a serious beating to move it. I have been monitoring ebay for months now and have watched the prices stall, well below what they should be. I gotta believe spring time will show an improvement somewhat.

Luremaker · Feb 11, 2010

Anyone considering selling their tractor may want to consider advertising on Kijiji in Canada and, if possible, offer to deliver to the border if you are not too far from it. A BX24 TLB would sell in an afternoon around here for $10,000 USD if it were ever offered at that price.

bp fick · Feb 11, 2010

Well, that BX1500 ended at $5100, thus I "won" both gentleman's wagers quite handily.

No gloating. Actually it was pretty predictable.

To be fair, I have been tracking these things pretty closely for a couple months and can just about predict the ending bids within a few bucks. Again, I suggest the OP do the same to gauge a selling price level.

This is gonna turn around. When people think spring and when they realize they can save money buying used, perhaps the prices will once again reflect some reality. Until then, if I guy can hang on to his tractor, do it. At these prices, it isn't reasonable to just give them away.

LBrown59 · Feb 11, 2010

Billy_S said:
The wife and I have decided to move into town.

Why did you decide to do that?

DGS · Feb 13, 2010

Billy_S said:
The wife and I have decided to move into town. I would like to sell my BX2230 and would like to get your advice on what I should ask.

IMHO I would wait to sell it because you may get a house with a large lot and you could stilluse your tractor. As for your implements they could be sold individually and at a good price at that. I wouldn't rush into anything until you know exactly what you will be having to do at the new place. Besides the old girl needs a good home too!!
Good luck Billy
DGS

crbr · Feb 14, 2010

Billy_S said:
Thanks for the input gentlemen. I don't even want to put it up for sale until our place sells. I have to have something to mow with . But, when/if the time comes, I would likely want to sell it quickly. That said, I don't want to give it away either.

Where do you live in central IL if I may ask?

kuboman · Feb 14, 2010

Ebay auction prices are not a true price setter. Buying something unseen requires a cheaper deal than a face to face. At least it does for me.

bp fick · Feb 14, 2010

kuboman said:
Ebay auction prices are not a true price setter. Buying something unseen requires a cheaper deal than a face to face. At least it does for me.

True. However, some of those Ebay items are seen, with eyes on. Also, it is very hard to know what the Craig's items bring because only the asking price is revealed, not the final selling price, or if they sold at all. Still, such things are some kind of gauge of current public or general interest?