Posted by jackinok on February 07, 2011 at 13:23:58 from (162.58.82.136):
In Reply to: About this old iron. posted by huntingreen2day on February 07, 2011 at 10:28:27:
quite honestly,I think it will continue for the smaller tractors simply because they will be used more instead of less. Lots of advantages to using older tractors on a small place or as some would call a hobby farm.All equipment cost something to own,if nothing else just simple storage or upkeep.a older tractor requires more upkeep,but the fact that it doesnt generally have the monthly payments makes them more economicly viable to a person who wouldnt run one as much as a farmer who depends on one for a living.But then again,with rising costs of fuel,time constraints,etc most rural areas are losing population.The trend seems to be turning more to folks moving back to the city now instead of out of the city,simply because the price of commuting has got so high and continues to rise.this is ,in my opinion ,what will hurt the most.There simply wont be the need for a simple older smaller tractor.I think its already being felt in the market.you can now buy say a good midsize tractor for what you can buy a small one.A 9or 8n ford is often worth more money than say a 7-800 series are even though they would be a much better tractor for folks in lots of cases to run a small farming concern.the biggest problem in my humble estimation will be parts in the future.Now would be the time to purchase and rebuild some of the midsize tractors while parts are still available new.The smaller ones generally hold their interest and value well, but the say 50-85 or even 100 hp ones are where the bargains are now for collectors and they are getting cheaper all the time.But as interest in them goes away the need for parts will also.When that happens even more will go to scrap. Good maybe for the true die hard collector but not for the part time or weekend warrior with a small concern he's trying to farm economically.
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