Thoughts on Pricing - Selling my L3901

[DanielDD]

I bought it last year (gear drive model) in June. It has 131 hours on it. FEL with canopy and bucket level indicator. After buying it I quickly realized it was too small for the task at hand. I needed a much larger tractor, with a cab that would pull a 12 foot bat wing. I have bought a new tractor and it will be delivered here on Monday.

So, I'm selling my L3901. I posted it to Facebook Marketplace, advertising it for $21.5K. I got several inquiries, some offering me $17K & $18K. My bottom dollar price was going to be $20K. I got an offer tonight for $19K, so I'm ruminating on whether I should take the offer or wait until a better offer comes along. I paid $23,750 OTD last year for it, so if I take the $19K offer, I'm gonna lose $4800. Don't know if I can stomach that kind of loss.

I figured with the market so incredibly tight right now for compact tractors, I would be able to get what I was originally asking. Seems I may be wrong. Our local Kubota dealer has NO compact tractors and if you order one it could be up to 6 months before it arrives.

 

[Walker1]

Just wait, it will sell.

 

[ptsg]

As Walker said, just be patient and you may very well sell it for a price much closer to your expectations.

There is a section on this forum where you can post your tractor for sale too. Maybe that helps a little bit.

 

[Midniteoyl]

With the price increases, wait times, and no dealer haggling, you probably could get what you paid for it.

 

[DanielDD]

Thank you, gentlemen.

 

[Diggin It]

I bought it last year (gear drive model) in June. It has 131 hours on it.

I figured with the market so incredibly tight right now for compact tractors, I would be able to get what I was originally asking. Seems I may be wrong. Our local Kubota dealer has NO compact tractors and if you order one it could be up to 6 months before it arrives.

Have you talked to them? Why didn't you trade it against the new one?

 

[RickB]

Coulda saved the 9.55% sales tax on the trade in value too. Now you're paying a couple grand extra just in taxes.

 

[DanielDD]

Have you talked to them? Why didn't you trade it against the new one?

I talked to Kubota late last year about trading it in but I was sorely disappointed in what they offered me, it was almost embarrassing.

 

[DanielDD]

Coulda saved the 9.55% sales tax on the trade in value too. Now you're paying a couple grand extra just in taxes.

No taxes. I have a farm card....

 

[kantuckid]

There are several of that model currently for sale on the web-ebay & FB. I saw your ad. There a 2014 Kubota L4600 on there with more hours than yours that sold in a short time. Also watch the ebay auction for same tractor.

I don't have a KY farm card'tax free write off as retired from that, so a private sale saves me 6% over a dealer buy in KY. If I buy here from a dealer there records are audited by the state and I'll get hot with taxes if I cheat. Happened to me with interest penalty buying a UTV some years back.

I don't know which or if certain states if I buy from a dealer will not charge me sales tax on a new or used tractor? Since there's no title it's possible on a tractor if they don't tax out of state buyers?

Kubota's sell fast and high. Give you one guess why I buy another brand, and it's not that I dislike Kubotas.

Dealers often have no merchandise right now and it will get worse due to new Biden child credit checks that are now being sent out as we speak. Even high incomes in 6 figures are getting these checks.

My own dilemma is how long do I wait to find out what's wrong with my current dead tractor?-or buy a 2nd one when the deals at hand???