Price Check What's a fair price for a 1050?

[qstott]

Since my new to me 4720 is on the way, I need to sell my 2wd 1050. It's a '85 or '86. It has 3300 hrs. It does have rear remotes. I have a set of weights on the front. It came with turf tires. The tractor looks great, and runs great. I have replaced the water pump, headlight switch, head gasket, and a few other odds and ends. It has no problems that I am aware of. Is $5500 too much to ask? I want to be fair and don't have to hold out for the very best price.

 

[RoyJackson]

Ask the $5500...can't hurt, and you can always negotiate a final price with a buyer.
Good luck!!

 

[jenkinsph]

Have you compared pricing on Tractorhouse and Machinefinder? I think I would start at $6000 if it looks good and would not sell below $5000+. That will make someone a good size starter tractor and even the smaller 2wd tractors are in demand, people looking for good used tractors seem to say that there isn't much to choose from.

 

[Ledgemere Farm]

Price is relative to where you are, 2WD vs 4Wd, hours and attachments factor in obviously. Start high and go from there. Good luck.

 

[qstott]

We had a consignment auction nearby last weekend. A 2wd 1050 was sold with ag type wheels, but turf tires installed. It looked weird with little skinny turfs on the rear. It did not have a rear remote. The only thing on the tractor was a 3ph. With 8250 hours it sold for $4400. Sheet metal was straight, but paint was badly faded. It was missing a few lights. I was amazed at what it went for.

 

[jenkinsph]

If yours is in good shape it should fetch closer to the $6000 I mentioned above. Truth is in my locale there isn't much available below $10k, and a nice used tractor will sell quickly.

 

[qstott]

As the saying goes, it's worth what someone will pay. I sold it. It was on craigs list for $5750 (due the advice from members here). First caller from the ad that started Sunday night, stopped by today. We settled on $4700. I'm fine with that. My initial thought was to ask $5000, and take $4500. I've sold quite a few things on craigs list, and it seems the first caller is usually the one that buys it. I hope he's happy with it, I think I sold him a good tractor. I did hate to see it leave, but the 4720 cab tractor sure looks better under the shelter I'm ashamed to say what I payed for it when I bought it, so I won't. But I'm grinning.