Am I smoking crack?

jlbash1 · Mar 9, 2007

Guys be honest with me, I'm trying to sell my L2650GST 4wd, R1 tires, 600 hrs, 1993 model. It's in good shape, always kept in the barn, starts right up no problems with it at all.

I'm asking $8500 for it and can't sell the thing. I know something is only worth what someone else is willing to pay for it, but come on. I looked in my tractor bluebook and it says it's worth over $9000 and it doesn't even add anything for low hours.

Am I asking too much? Don't feel like I am, but I've been trying to sell it for a while now.

Any advice would be appreciated.

_RaT_ · Mar 9, 2007

jlbash1 said:
Guys be honest with me, I'm trying to sell my L2650GST 4wd, R1 tires, 600 hrs, 1993 model. It's in good shape, always kept in the barn, starts right up no problems with it at all.

I'm asking $8500 for it and can't sell the thing. I know something is only worth what someone else is willing to pay for it, but come on. I looked in my tractor bluebook and it says it's worth over $9000 and it doesn't even add anything for low hours.

Am I asking too much? Don't feel like I am, but I've been trying to sell it for a while now.

Any advice would be appreciated.

Does it have a loader? Even without a loader, that is a price that would folks out here would snap up quickly if it is in good shape. We are also just getting into our weed season here so the interest in tractors is high. I sold mine 2 weeks ago very easily on Craigs list.

jlbash1 · Mar 9, 2007

No loader, hasn't been snatched up yet, maybe I need to list it in California!

dfkrug · Mar 9, 2007

You don't say how you are trying to sell it. No loader is a huge
problem, but you may not be getting enough exposure.

Try Ebay....it has worked well for me as a seller.

hunterridgefarm · Mar 9, 2007

You may have better luck as spring approaches.

How are you advertising?

I am going to sell a L185DT with bushhog and scrape blade, priced around $5200. Will use several free publications and may try the local paper.

jlbash1 · Mar 9, 2007

Tractor is sitting in a high traffic area with a sign on it. I've recieved many calls, but not sold yet. Everybody wants me to just give it to them.

I also just put it back in the paper starting yesterday, it hasn't generated many calls in the past though. I had it on this website's classifieds and got a few emails, but again not sold yet.

The worst was when I had a local heart doctor come and look at it, we agreed on a price but he wanted me to take it to the local Kubota dealer for a check. He paid to have it checked out and all things were great until he found out it was a '93. He wanted something like a '96 or newer. I was frustrated to say the least. At the time I wasn't sure of the year, now I know. But still 600 hours. Anyway.

My luck selling things is not great. I'm going to be moving this spring and I'm selling my life away. I'm getting rid of two tractors, hay baler, rake, sickle mower, finish mower, carry-all, boom pole.....the who 9 yards. It's killing me. I hate moving.

MessickFarmEqu · Mar 9, 2007

jlbash1 said:
Tractor is sitting in a high traffic area with a sign on it. I've recieved many calls, but not sold yet. Everybody wants me to just give it to them.

Welcome to my world! If I could sell 4WD diesel loader tractors for $1500 I could please about twice as many people.

Really though, I think your asking price is high for a bare tractor. $8500-9000 is possbile with a loader, but it will be tough without.

DanO · Mar 10, 2007

Sitting on the opposite side of the fence as a buyer.
I looked at a similiar tractor I believe it was a L2600 with turf tires and 160 hours, an 04 model, looked like new. Price $8000.00
I thought GREAT.
I than called a Kubota dealer and found I could get a brand new 2006 L2800F for $9500.00 with rebate $8900.00.
$400.00 difference.
Well I spent a bit more and have a 2007 L3400 sitting in the barn.
For me when I see over $8000 I think NEW for a little more.
Good Luck

I now have to sell my old tractor, so I will be on your side of the fence
next week.

Bird · Mar 10, 2007

Am I asking too much?

I'd have to agree with MessickFarm; a 14 year old tractor with no front end loader? That's extremely low hours, but unfortunately for you, I just think your asking price is way too high.

Taiser · Mar 10, 2007

Guy here was selling a JD. Buddy of mine had the same tractor and convinced the guy to just sell him just the loader. New JD loaders are EXPENSIVE!!!!! (like that is news!)

Now it's been sitting there for 3 months with a plow on it, no takers. For most people a tractor is not a tractor unless it has a loader. You'll probably lose about 95% interest in it when potential buyers find out you don't have one on it. Nature of the beast. Keep trying, spring is near and interest should be firing up soon.

hunterridgefarm · Mar 10, 2007

I put my L185DT in the front yard with a For Sale sign just to see if anyone was interested. It is MFWD with a 4'Bush hog and 5' scrape blade. Within 4 hours two people stopped to look at it. One called twice after they rode by and then came to look it over and drive it. I priced it at $5000.00 as it set and $5200 if I replaced the muffler and one flasher on the fender.

The person that drove it wants it and said they would have the money in one week. They know very little about tractors and turns out they are friends of mine. So I offered to let them test the tractor at their property for a couple of days to make sure it is what they want. Another person stopped buy and said if they did not buy it he would.

I guess it is just the luck of the draw. It was very nice and sunny today so a lot off people are thinking about gardens and such so this might of helped a little.

Bill Barrett · Mar 10, 2007

Also alot of people need financing, can't get it easy on a older tractor and you'll have interest. Someone could get a new one with zero intrest from Kubota now. Alot of people look at whats it a month.
Good luck with your sale hope you do ok.

b33b · Mar 11, 2007

FWIW, I wanted to buy an L2850 with loader last summer, had 3800 hours and 30 day warranty. Kubota dealer was asking $6550 but I was fourth in line. Hours were a bit high but the price left room for repairs and the dealer had maintained it. First in line couldn't qualify for financing, so the next in line snapped it up.

I agree with DanO, if an L2800 with three year warranty is worth $9K, how much would you pay for a tractor 14 years older and no warranty?

You have tested the waters at $8500, now time to try something like $6995 and see what kind of offers you get. A loader is in the $3500 range so you are competing with tractor/loaders in the $10-12K area - probably not as old and similar hours.

Sorry to hear you have to sell so much, good luck with the move.

Cal

Agro-oti · Mar 11, 2007

Rule of thumb is: Used low hour tractor of model now being sold,or recently replaced-20% of new value roughly. Now some times this is not the case in all areas,or all models. If warranty is remaining and or low rate financing alvailable it is worth a bit more.

As for your tractor,it becomes a very tricky area. Yes it has very low hours for the year,but how was it maintained? How often were the oil and filters changed,along with other fluids? It is still a 14 year old tractor with seals,gaskets,tires,etc built then. Myself sight unseen I'd try and sell it for around $7500 CDN,probably get $7000 or so if I'm lucky. No loader really hurts the sale as has already been mentioned. Yes it is low houred but in the long run it is also an older tractor.

art · Mar 11, 2007

New tractor financing options do make the new attractive over late model used. For having a 3500 dollar loader when new on a midsided compact and in ten years it still might be a two thousand dollar value and there worth during ownership they should be on every compact sold. To buy a new loader for that tractor you might spend close to 4000.

Podunkadunk · Mar 12, 2007

Maybe you can make the deal "sweeter" by throwing in some implements, that is if you are dead-set on that asking price.

jlbash1 · Mar 13, 2007

I guess the blue books don't really mean much. I know if it had a loader it would be sold by now, but it just doesn't, wish it did.

I guess I'll start asking less. I haven't shoped for a new Kubota in a long time, but I didn't know you could get a 4wd tractor with GST so cheap these days.

Kinda wish the blue book hadn't mislead me so much, I could have sold this thing by now. I kow this isn't a NH forum, buy my other tractor is a '97 Ford/NH 3930 2wd standard transmission, 700 hours. It's in good shape too, what the heck is it worth. I know what the bluebook says, but what's it really worth?

Thanks for all of the advice guys it really helps.

slowzuki · Mar 14, 2007

You can't, the tractors they are talking about don't have GST tranny. Big diff between that and what they are talking for actual use.

Up here you would have no trouble, the dealers want like 6000$ for B6100's with a belly mower on them and piles of hours. I looked at an L4310 with loader, 600 hours and it was the same price as a new L4330, sold within days of it coming into the dealer? I don't get it. There may be some sales tax loop hole I don't know about ie the tractor may have been private sale with a commision to the dealer but that is crazy to me.

jlbash1 said:
I guess I'll start asking less. I haven't shoped for a new Kubota in a long time, but I didn't know you could get a 4wd tractor with GST so cheap these days.