Selling tractor looking for fair price advice

[Tiverson]

I’m selling my tractor, brought it brand new:
2003 New Holland TC35D, 470 hours on the clock.
4 wheel drive
16la front end loader
One rear remote with hydraulic top link. Can’t remember what brand.
Folding Rops.
R4 tires.
Also comes with 72” Kodiak HD box blade
Also comes with rear discharge 72” Sitrex 180 finish rear mower.

The tractor runs great, it has a few issues. Telescoping steering will does not lock, cruise control does not work, turn signal does not work, rear pto brake Does not work. All fixable but I don’t have the time or money to work on it. The tractor used mostly for cutting grass. Cleared out shrubs area. Used to smooth gravel driveway and property. It has low hours. Looking for a fair price for all. Thanks

 

[JJT]

To get the best price you need to fix all these small issues. I would not expect such a list of problems with a low hour tractor. I know you say you don't have the time or money to do the fixes, but the increased value of the tractor will certainly out weigh the cost of the fixes.

Check out TractorHouse to get a value estimate.

 

[Tiverson]

Thanks for the reply and advice. Here is a picture of the hours.

 

[ArlyA]

Used pricing does seem to be declining.

 

[Tiverson]

Used pricing does seem to be declining.

Thank you for reply. Just looking for price as is.

 

[IndyIan]

TBH, probably some guys won't find most of those issues on the test drive. Disclosing those issues depends on how you do your business... Turn signal, cruise, probably not many would care, the pto brake is an actual problem to use the tractor. If it needs spitting the tractor to fix, that's a bit of an expense!
I would figure out how much to fix the pto and disclose it in your ad, no point in wasting their time and yours if they aren't interested in a repair. There will be low ball guys to ignore, but a guy who doesn't mind fixing it will show up eventually, subtract the price of parts and a bit for his time and make a fair deal.

 

[Tiverson]

Thank you for the reply, I plan on letting any potential buyer aware of the issues the tractor has. With that, I’m looking for a fair price knowing the issue with the tractors.

 

[arto98607]

No buyers here so just list it in classifieds...

 

[Tiverson]

thanks for reply, not for sure how much to list for and looking for advice on price as is on this thread.

 

[JeepHead]

The problem with selling something that has so many issues and then telling potential buyers that you cannot afford to do the repairs, it would make one also think perhaps you couldn't afford to do the scheduled maintenance either. That could scare away buyers. It would me!

 

[super55]

Go tractor house and facebook marketplace and do a search to see what that model or similar models are selling for locally. Location will have an effect on what it goes for. Also gear transmission will typically go for about 1500 dollars then a similar model listed as a hydrostatic.

 

[IndyIan]

Around here I think you could start at $20k -the cost of the repairs, if you wanted to sell it relatively fast. Looks pretty good overall.

 

[Tiverson]

Thanks for the reply, yes, the one pto brake, is one that I would worry. There was a recall on this and I missed it. I can still use it with finish mower. It rotates but once I put it on tall grass it stops. It engages when i engage the pto. It has not stop me from using it. But I don’t use it very much.

 

[Tiverson]

Go tractor house and facebook marketplace and do a search to see what that model or similar models are selling for locally. Location will have an effect on what it goes for. Also gear transmission will typically go for about 1500 dollars then a similar model listed as a hydrostatic.

Thanks for the reply. I have done the research and prices in the $18000 to $20,000 is what I have seen. But that is for a tractor with no issues that are listed but does not include the box blade and finish mower. I also read that this is a pre-emission tractor which is more desirable. But I’m just asking for fair price opinion with the tractor with issues. I forgot to mention it is a hydrostatic trans, someone had mention that. Thanks again for any help.

 

[stevem5215]

If the tractor needs to be split then the buyer will probably want to buy it for 15k. You could sell it for $20k with it fixed. Your call. You will be low balled on it.

 

[Yander]

Even fixed it won't bring $20k in this market. It's worth about $16k with implements IMO..they won't be coming out of the woodwork to buy it at $16k if you don't fix the issues. With the issues fixed $18k

There are a lot of used tractors now

 

[RjCorazza]

Take the price you paid for the tractor and subtract cost of the pto repair, as well as steering wheel, cruise, and lights. Add in 50% of the implement's new cost, and that is a reasonable starting point.

 

[Torvy]

Those implements won't add as much value as you think. Unless they are some top of the line, great condition items. As a buyer, I'd figure they aren't any use to you without the tractor. I'd either mentally write those off or try to sell them separately.

The problems with the tractor narrow your potential purchasers to those willing to haul it to get repaired or have the time and ability to DIY. The whole is worth more than the sum of its parts. In other words, you'll get more than the cost of repairs out of it. Most people buying those smaller tractors don't want to buy broken things. The ones who don't mind are looking for a real bargain.

Sometimes timing is everything. A year or two ago, you would have been able to sell it for what you paid.

 

[scootr]

To get the best price you need to fix all these small issues. I would not expect such a list of problems with a low hour tractor. I know you say you don't have the time or money to do the fixes, but the increased value of the tractor will certainly out weigh the cost of the fixes.

Check out TractorHouse to get a value estimate.

I agree, the long list of needed repairs and sub 500 hrs would be a red flag for me if I was in the market.

 

[CloverKnollFarms]

I agree, the long list of needed repairs and sub 500 hrs would be a red flag for me if I was in the market.

Yeah, it makes ones ask... How? How was it used, stored, cared for? What other issues are about to arise?