May have to sell...

[coreshot]

Finally got word from the railroad that I was gonna be furloughed for awhile. I may have to sell some assets to make ends meet for awhile. My home and land are the top priorities for me to stay on top of, as they are not easily replaced. If I sell the Kubota, another will replace it ASAP.

Here's my question-2008 BX24, 150ish hours, excellent shape. What do you guys think I should start my pricing at? How low should I go? I owe @ $13000 on it. I also have a 48" LP BB, and a 60" KK RB.

 

[greenmule]

I don't know,but thats a lot. Whats a new one cost?

 

[Ace3]

Sorry about your job. I would ask someware between what you owe and what a new one costs. Good Luck.

 

[coreshot]

Sorry about your job. I would ask someware between what you owe and what a new one costs. Good Luck.

I am more just hoping that my balance is in line with the value. I will not sell it unless it absolutely necessary as I have the 0% financing. It would just eliminate a $400/month payment.

 

[greenmule]

Well if a new one costs only a thousand or two more,it might be really hard to get what you owe on your used one,you'll probably have to take a loss in order to sell it quick,just like a car,you drive it off the lot and you just lost 2 grand,to bad you gotta sell it,you'll just need another one sooner or later.But you gotta do what you gotta do.

 

[LBrown59]

Finally got word from the railroad that I was gonna be furloughed for awhile. I may have to sell some assets to make ends meet for awhile. My home and land are the top priorities for me to stay on top of, as they are not easily replaced. If I sell the Kubota, another will replace it ASAP.

Here's my question-2008 BX24, 150ish hours, excellent shape. What do you guys think I should start my pricing at? How low should I go? I owe @ $13000 on it. I also have a 48" LP BB, and a 60" KK RB.

Don't sell it hire it out.

 

[caj4isu]

I always thought that having a BX24 style tractor would be my fallback position if I didn't have a job. If you can find $400 worth of work per month by using that BX, then it will pay for itself. Unfortunately, there are probably insurance issues to deal with that have been talked about quite a bit in the operating forum.

For what it's worth, I just sold my 2003 BX22 w/ 380 hrs, 60"MMM, 60" LP RB for $10,400. Yours is newer and has fewer hours. Maybe you could get $13K.

I wonder if Kubota would allow someone to assume the note where it stands?

Just some random thoughts. GOOD LUCK!!

 

[coreshot]

I always thought that having a BX24 style tractor would be my fallback position if I didn't have a job. If you can find $400 worth of work per month by using that BX, then it will pay for itself. Unfortunately, there are probably insurance issues to deal with that have been talked about quite a bit in the operating forum.

For what it's worth, I just sold my 2003 BX22 w/ 380 hrs, 60"MMM, 60" LP RB for $10,400. Yours is newer and has fewer hours. Maybe you could get $13K.

I wonder if Kubota would allow someone to assume the note where it stands?

Just some random thoughts. GOOD LUCK!!

I saw your other thread where you mentioned how much you got out of your 22, that's what got me thinking. I could definitely find $400/month worth of work for it, assuming I have time to do any with hunting for a new job to tide me over until the economy recovers and I get back to the trains.

 

[RobJ]

Good Luck with your job and decision. I may be in the same boat soon, we'll see. At least mine is paid for and doesn't affect the monthly bills.

Rob

 

[CurlyDave]

I was laid off back in the early 80s, and the company sent me to an outplacement firm.

The most important thing I learned was to make a list of what I had to do and to be sure to complete all the things on the looking for work list for that day before doing anything else.

That being said, after a few weeks I found that I had only an hour or two of job searching every day, and then I was free.

If you can sell your services, you and the machine should bring at least $150-200 per day, and it would only take less than 3 days per month of work to make the tractor payment. And you can can still keep up your job search.