Opinion of Value for an SC2450

[Yanmar CC]

Hoping those that have a good sense of value can give me an idea of what might be realistic to expect for our tractor. Not too keen to sell it but, in being practical, this SCUT is just much more machine than we need....I didn't think I would ever use that phrase but it really is just too much machine for our one acre. What I am hoping to get is a rough idea of the fair price for the package so I can figure out what to list it for on Craigslist.

I tried to find out what others were selling for, but the only units I have seen for sale currently are on Craigslist. There is one at a dealer in Franklin, PA for $18,750 with just the mid mount mower, none of the other extras we have. Then there is another listed in Somerset, PA for $18,000 with a snowblower (not sure which model) but none of the other accessories. That said, not sure if those prices are out in left field, or if that's realistically a market value for those which would suggest that ours is possibly worth more, given that we have more in the way of attachments and extras that go along with it.

About the package:

2014 SC2450 with ~110 hours on the clock
60" Mid Mount Mower
PTO driven bagging system (from Cub Cadet or Yanmar - not sure who made it)
Tach-n-Go quick attach for the loader
Forks that go with the quick attach unit
Extra set of wheels and tires (one set of industrials, one set of turfs with bio-ballast)
Titan 3-Point 2" Receiver Tube Connection

There's nothing cosmetically or mechanically wrong with the tractor that I know of. It did have an issue with a check valve that failed and I lost reverse. It seems that is a known issue and was fixed by my dealer last year. The loader and backhoe buckets still have a lot of paint on them as they just haven't been used as we bought the tractor used with 92 hours on it. It had been leased to a local farm for the summer and as I understand it, they used it to tow around carts (the backhoe and loader were just sitting in the dealers back lot with not a scratch on them).

Okay, I think I have listed everything that is pertinent. If anyone has any suggestions for what this should sell for, I would really appreciate it.

Craig

 

[Yanmar CC]

Just following up on this - lots of looks, no responses. I figured the values weren't too far out of line since I didn't get any snarky responses regarding inflated values of the two comps I was able to find. I am just closing the loop for anyone else looking for information for reference, I ended up selling the tractor (packaged with the items noted above) along with our 18' Mission aluminum 10k tilt trailer for $27,500. The trailer probably was $6-7k of that value.

 

[scoutcub]

If indeed you sold it for that amount, you should consider yourself incredibly lucky.

 

[Yanmar CC]

And there it is - the snark.

I did in fact sell it for that amount, and I feel like I sold it for a fair price. I solicited feedback here and got nothing (which is fine, I got what I paid for) so in the process of shopping for a replacement (JD X739) I bounced it off a few JD salesmen. Their opinion of the tractor package was $22-23k in this area, so with the comps I found out east and the extras I had with it, I listed it for sale at $22,500. Based on the slow but steady level of interest it generated on Craigslist, I am certain I had it priced fairly...not a screaming deal but not gouging either.

So, again, for anyone that is looking for a data point for the price, there you go.

 

[scoutcub]

First of all, you don't even know what you had. The 2450 was produced in 2010-2011, so you did not have a 2014 model.
Second of all, I didn't see your initial request for values, or I would have told you both of those asking prices are high. I know the dealer in Franklin pa, and while he is a great guy, he likes to start at top retail.
Anytime you ask a dealer what equipment is worth, they're going to give you a high value. Now ask them what the trade in value is and you'll be shocked.
You're comparing against asking prices......not selling prices. Obviously you don't watch pawn stars. Lol.
You're extras are worth something......but not a great deal. That bagger is a pain in the arse to mount and dismount.
I buy and sell equipment as a hobby and the last sc2450 I had was purchased for under 11k with under 300 hours. I know these values pretty well.

Your trailer......6-7k for an 18' trailer? I realize aluminum is more costly, but again you're at the top of high retail. I bought a new 20' 14k quality equipment trailer with multi ramps for 4k.

You can buy a brand new Yanmar 424 TLB with warranty for low 20's.

So to summarize.....you sold a 6-7 year old tractor with some extras that you put 18 hours on........that was bought used.......and you threw in a used nice trailer......for 27.5k.
Not being snarky, but you truly lucked out. Buyer paid new prices for used equipment. Hopefully the check has been cashed, and the buyer is happy with his purchase.

I would warn others to NOT use your sale as a data point.

 

[Yanmar CC]

scoutcub - enough. You don't need to be a jerk. I was trying to provide some value to this board by putting up data that often times doesn't get disclosed. It seems you felt like you needed to come in and set me straight. Your post is full of snark (regardless of the fact you claim you aren't being snarky). You could have stated some of what you said factually, but instead you decided to take the approach of being the standard internet jerkwad (read your first sentence) and the condescension in your post is just icing on the cake.

Again, I tried soliciting some feedback on value, I didn't get any here (no big deal) so I asked a market source for an opinion of value. Turns out the local Deere dealer was right on with the value they suggested I should list it at. That was proved out by the steady interest I had and further by the fact that it sold for slightly under what they suggested it should.

Well now, just let me return the snark...again, a local dealer gave me an opinion of value, I sold my tractor for a little under that value, and yet you feel compelled to say they were wrong and that you know better. I think you should stick to hobby dealing tractors in Ohio, because obviously you don't know the Washington market.

 

[scoutcub]

It appears I hit a nerve. Sorry if the truth upsets you. You lied to the buyer about the year of the tractor. I'd make a large bet you paid considerably less than what you sold it for.
Then you are going to come on TBN and give expert advice on your little tractor sale from the recommendation of a JD dealer trying to sell you a 739?
And write it off as "helping others" with an inflated value?? Really?

I've bought, driven and sold numerous tractors, construction equipment, and trucks in several states including Washington. Used to live there. Still own property there. Probably owned 5 sc2450's. Have owned hundreds of cc/Yanmar products.

I'm pretty sure I know the value of a 2450 a whole lot more than you or your JD dealer.

Part of me thinks you're pretty pleased with yourself for making some good coin on the deal, and you just had to advertise that deal somewhere.
But to give you the benefit of the doubt, IF you were attempting to give a value of a used piece of equipment, you're way off the mark. I'm not going to allow someone else to get duped by your incorrect data.

Again, let's not stray from the facts of the case.....misrepresented the year of the machine, implying greater value. Dealer didn't even correct you on the year.
Sold a used 6 yr old tractor for new tractor price.
Sold a used trailer for a new trailer price.

Enjoy the rewards of the sale.

 

[screamin400]

I sold my 2450 last year with under 100 hours for 10k

 

[Yanmar CC]

Look, maybe things are different out here, I don't know. I went with the advice I got and again, based on interest it received, I am still going to say that it was in the right price range for this market.

But to the point of you calling me a liar about the year, nope. First off, it isn't an F150, like most equipment there is no model year associated with the tractor. I bought it as a new tractor in October 2014. It had been used as a "demo" under a lease from the tractor dealership. Not sure if that's normal, but the tractor was sold as new with full warranty. The guy that bought it from me asked about the year and that's exactly what I told him. Whether it rolled off the line a year prior to my purchase or three isn't really relevant. Also, if you look back at the few posts that I do have on this board, you will see I said the same thing in the past. And you know what, these boards are valuable resource, I had some input I could share to try and build out the information available to others. I did that, and then got attacked for it.

I feel it was a fair deal between me and the buyer. It may have been at the higher end of market, but our tractor had been kept indoors, was in a like new condition (the backhoe and loader buckets barely had any paint worn off). As for what I paid for it, that is irrelevant with respect to value, but I will gladly take your bet that I paid less than I sold it for, because I didn't. Now I am guessing you will probably turn that into I am a rube and overpaid for the tractor initially. Whatever.

I am done arguing here. I have put the data up that I came to share, it's there for people to see along with other commentary which hopefully provides some value.

 

[woolyAcres]

@Yanmar CC-

At the risk of sticking my nose in where it doesn't belong.... I feel like this topic needs some middle ground.

Based on the fact that you found a buyer willing to pay what you were asking, tells me that's what it's worth- at least to you and the buyer. Scoutcub made it clear that's more than he would have paid for it, but that's irrelevant. You only need one buyer and you found them.

I believe Scoutcub's point about it being a 2014 model is that that model wasn't made in that year. Sounds like you understand that's not the year your tractor was made. I hope we can all agree that as long as you represented the tractor and attachments honestly (which it sounds like you did), it's up to the buyer to decide if they want to pay that price. In this case your buyer did. I don't see any problems here. I also think there's some benefit to getting everything together. Sure one could probably find better prices on all these pieces separately, but some folks take into account the time spent shopping, driving around, kicking the tires, etc. And for your buyer, perhaps his time savings by getting everything in one deal, made the price something he was happy with.

Isn't there a saying... if you're a buyer and you're happy with the price the seller changed too little and if you're a seller and the buyer is happy with the price you charged too little; or something like that. My point is this is an art, not a science.


Thanks for posting your experience here. You're absolutely right that we rarely get the sellers side of things here.