Lk3054 value

[papa]

I am looking at an LK 3054 with about 300 hours on it. I don't know the age. It comes with a KL128 loader with a 5' bucket, aux. hydraulics, 5' brush cutter, 5' box blade, 6' angle blade, 5" hydraulic feed wood chipper a 5' brush rake, a small single cut blow and a backhoe attachment with 2 buckets. There is also a trailer to haul the whole lot with. I know that there have been some problems with the backhoe attachment, I don't know about the front end loader. I've not seen much on the value of these older machines.

 

[IslandTractor]

I am looking at an LK 3054 with about 300 hours on it. I don't know the age. It comes with a KL128 loader with a 5' bucket, aux. hydraulics, 5' brush cutter, 5' box blade, 6' angle blade, 5" hydraulic feed wood chipper a 5' brush rake, a small single cut blow and a backhoe attachment with 2 buckets. There is also a trailer to haul the whole lot with. I know that there have been some problems with the backhoe attachment, I don't know about the front end loader. I've not seen much on the value of these older machines.

that is not such an old machine and 300hrs is barely broken in. It is still in the lineup as a TLB but under a different designation. It is a little tough to assign a value because of all the attachments in the package you mention. I'd guess the tractor and BH alone would be worth somewhere in the range of 11-13K. Not as much as a CK30 TLB and perhaps even a bit less than a CK20 HST TLB with the same hours as the CKs are newer models with lux features. Are the attachments in good shape? Are they name brand or value brand attachments? What is "a small single cut blow"?

 

[rtimgray]

My dad has an LK 3054 with loader and backhoe. I have spent several hours on the machine, and personally, I love it. I have a DK 45, so it took a little getting used to when using the loader and backhoe (have to take smaller bites). I will say that his backhoe is PTO driven and it is slower than the backhoe on my DK 45, but still serviceable as a small hoe on a small tractor goes.

Maybe you can take advantage of the low re-sale value that Kioti's supposedly have. It sounds like a good package deal, depending on the price obviously. The 3054 is probably one of the oldest, if not the oldest, Kioti design that is around in the US, but I don't know how many evolutions it has gone through. I would doubt that parts and support would be an issue with it.

Good luck.

 

[rtimgray]

Any chance it is a "small single cut Plow" - that was my best guess.

Take care.

 

[IslandTractor]

Any chance it is a "small single cut Plow" - that was my best guess.

Take care.

That makes sense. Maybe a middlebuster or subsoiler. Best I could come up with was some sort of snow moving device.

 

[papa]

sorry about the typo-it was supposed to be a plow-I haven't seen the implement, but my guess is it's a single bottom sub soiler type of thing.

Thanks for your responses. I don't know the condition of the implements, most of them are said to be in good condition. My best guess is that many are part of a package deal that was purchased with the tractor.

 

[Jimmyb33]

Just for reference, I bought my 1999 model LK3054 with the same LK128 loader and a 5' boxblade last year. The hour meter had stopped at 420 hours and I don't really know how many hours it had on it but the guy I bought it from guessed another 100 since the hour meter stopped. So I guess it had 550 - 600 hours on it. It had been stored outside so tha paint is pretty faided and it has a little rust on it. The hood is dented in a little bit and the front grill is missing. Oh yeah.. the top of the ROPS is missing too. So, it's not in the best of shape, but it does run very good and the hydraulics are strong. I paid $7k for it. It was a little more than I wanted to spend on it, but it was the only one I could find that was in the right hp range with 4wd and a loader in 250 mile radius. I don't have any regrets!! Good luck with yourse!

jb

 

[IslandTractor]

sorry about the typo-it was supposed to be a plow-I haven't seen the implement, but my guess is it's a single bottom sub soiler type of thing.

Thanks for your responses. I don't know the condition of the implements, most of them are said to be in good condition. My best guess is that many are part of a package deal that was purchased with the tractor.

How much is the guy asking for the package? If the implements are decent (brand name or good value brand like King Kutter) then I'd guess the extras and attachments alone would be worth something close to $3000 on the used market (assuming $500 each average (rake and subsoiler less, chipper and bushhog more). With the rear remote installed ($300+)and an extra BH bucket ($400), it certainly sounds like a nice one stop shopping opportunity if the price is right.

 

[papa]

Thanks for the information on the LK 3054. It belongs to a relative who has a debt to repay. We're looking at the equipment as all/part of payment. Right now I'm just trying to find out what the stuff's worth so I can know where his asking price is in relationship to market value. I've not seen it up close so I really don't know anything else about it. I'll get back to him, get more information and his asking and repost. Thanks again. It's been kind of hard finding information on these tractors, it doesn't seem like there are a lot of them out there for sale. Any ideas why?

 

[IslandTractor]

It's been kind of hard finding information on these tractors, it doesn't seem like there are a lot of them out there for sale. Any ideas why?

It is one of Kioti's older models and Kioti's sales have only been really taking off since the CK and newer DK series hit the market. I suspect the reason you don't see a lot of them for sale in comparison to JDs or other orange TLBs is simply that there were not huge numbers sold.

 

[JoelD]

I own one with the TLB package, I am very pleased, It's a very strong machine. I'm partial to gear as rebuilding a hydro frightens me. I've been very happy with my machine, has done all I've asked and support and parts are easy to come by.

You may want to call Rick Wallace with your serial number and see what he can tell you about the machine.

Good luck,
Joel

 

[papa]

Well, I got an asking price of $19.5 for the package without a trailer. He's thinking that if he sells piecemeal he could get about $24-25. How does this fit with current market value?

 

[ToadHill]

High, very high.

 

[IslandTractor]

I am looking at an LK 3054 with about 300 hours on it. I don't know the age. It comes with a KL128 loader with a 5' bucket, aux. hydraulics, 5' brush cutter, 5' box blade, 6' angle blade, 5" hydraulic feed wood chipper a 5' brush rake, a small single cut blow and a backhoe attachment with 2 buckets. There is also a trailer to haul the whole lot with. I know that there have been some problems with the backhoe attachment, I don't know about the front end loader. I've not seen much on the value of these older machines.

IMO, $19,500 for this package without the trailer is pretty high. No way he'd be able to clear 23 or 24K by selling the individual components.

Tractor/FEL/BH would sell for less than a CK30 TLB used and probably about the same as a CK20 TLB. I'd guess 13-14K, maybe 15 if he's lucky. The LK3054 is an excellent TLB but not one in high demand like a Kubota BX24 or a newer HST based Kubota, JD or Kioti TLB.

As noted in an earlier post, the implements if in decent shape but not high end versions would be worth a total of about $3000-4000 used (I have trouble believing that anyone would buy a heavy duty name brand bush hog with this package for example so am assuming mid level or value brand implements and assigning values like you'd see on craigslist not on a dealers lot). Used rakes, box blades, bush hogs, and back blades simply don't sell for much more than $500 -600 a piece used in the 5ft size that would be expected with a less than 30hp tractor. Subsoilers are cheap. Implements in good shape usually sell on craigslist for about 50-60% of what you'd pay new.

To me that makes the TLB plus decent implements worth a total of $16,500 (bargain) to about $18,000 (fair) when sold individually.

Caveat: a hydraulic feed wood chipper could be worth more than the $1500 I estimated depending brand and condition. If it is a Chinese brand then that is probably more than what he'd get. If it is a premium Scandinavian chipper then he might get double. It still doesn't exceed even $20,000 total when separated.

 

[JoelD]

Sounds high, search around, I've seen the TLB available, with very low hours (1-30), with the full four year warranty remaining for under $20K. Other posts are accurate when they say this machine is not under super high demand. But to be clear, this is not comparable to a BX24 with regards to capacities. Loader is about 3X as strong, Hoe is 1.5 foot larger with significantly more capacity and the BX24 is about 1/3 as heavy. Actually more comparable to the B21, which is in high demand. I compared to B21 when I purchased my LK3054XS TLB, I paid at least $5K less for comparable B21 and for my use, my machine does all a B21 would do for me. PS Currently own a Kubota, nice machines.

I would not pay premium price for a machine like this as they can be had for less.

Would definately buy again though, stought machine.

Good luck,
Joel

 

[IslandTractor]

But to be clear, this is not comparable to a BX24 with regards to capacities.

Completely agree. I didn't mean the comparison to be on performance but rather on resale value. No doubt the BX23/24 hold their value better than just about anything but the LK3054 is certainly a notch or two above in terms of cabability as a TLB.

 

[tractorhill]

We have a DK40 in stock 450 hours tlb package $17500