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How much is that tractor worth?(using the 'Blue Book for Farm Machinery')
You are in the market for a used tractor (or other farm equipment) or want to sell one. How much should you pay or how much should you ask?
One excellent source of price information is the Hotline Farm Equipment Annual Guide (P.O. Box 1115, Fort Dodge, IA 50501, 800-247-2000 or 515-955-1600). It is referred to as the Blue Book for Farm Machinery. The cost is $39.20 postpaid.
This annual guide provides equipment specifications, serial number by year of manufacture (including where to find the serial number), the average dealer advertised price, estimated loan value and the low, high and average auction price for that particular equipment at a number of farm equipment auctions.
Some uses for this information:
* You see a tractor advertised in the local paper. The guide would proVide ready information on how similar models are priced so you now have a basis to negotiate.
* You are at a farm equipment auction and see a piece of equipment you like. If bidding is active you may think you will get a good deal by simply outbidding everyone else. However, you might be bidding against collectors wanting to restore it, or used equipment dealers wanting it for parts, as they can tear it down and sell individual parts for far more than its normal value. Knowing its value in advance would tell you when to drop out of the bidding if it is still going hot and heavy at that price.
* You are going to sell a piece of farm equipment. The ...
- How many F.E. dealerships are out there? (farm equipment) (editorial)
- Magazine article from: Implement & Tractor Fogarty, Bill April 1, 1984 700+ words
How many farm equipment dealers are there, anyway? It's a question...One was the 1984 convention issue of Wisconsin Farm Equipment Dealer, the organ of the Wisconsin Farm Equipment Assn. The other was "1984 Directory, Farm Equipment...
- NSTA POWER vs. AMCO INSTA POWER - Suit For Declaration.(Tractors and Farm...
- News wire article from: Mondaq Business Briefing March 27, 2006 700+ words
Tractors and Farm Equipment Ltd is a reputed manufacturer of...licence in favour of the Tractors and Farm Equipment Ltd to use the trademark AMCO...from threatening the Tractors and Farm Equipment Ltd of taking legal action for...
- Wisconsin Farm Equipment Makers Look to Reap Improvement in Sales.
- News wire article from: Milwaukee Journal Sentinel (Milwaukee, WI) July 25, 2003 700+ words
...Tom Daykin Jul. 25--Wisconsin farm equipment makers, hurt by low agricultural commodity...but said it expects North American farm equipment sales to improve over the next six...introductions within the West Bend company's farm equipment sector. Also, a sales forecast by...
- Farm equipment imports, exports: scanning 1984 performance.
- Magazine article from: Implement & Tractor Fogarty, Bill June 1, 1985 700+ words
HERE'S A rundown on the 1984 U.S. farm equipment import-export picture, according to the Dept. of Commerce: * Farm equipment imports increased 36 per cent to $1.729 billion. * Farm equipment exports increased 11 per cent to $2.235...
- It's now a 'sustainable' farm equipment industry: future profits ahead for most...
- Magazine article from: Implement & Tractor Freiberg, Bill January 1, 1995 700+ words
...Emmett Barker sees it, in 1994 the farm equipment industry finally hit what he calls...the future of his members. "Most farm equipment manufacturers have essentially made...said. "I believe the majority of farm equipment companies, if well managed, will...
- Kansas Farm Equipment Makers Enjoying Good Times. (Originated from The Wichita...
- News wire article from: Knight Ridder/Tribune Business News Painter, Steve November 6, 1994 700+ words
...these days is directed toward no-till farm equipment. And its research and development...industry has its ups and downs. In the farm equipment manufacturing business, however...crashed in the mid-1980s, Kansas farm equipment makers have been struggling to stabilize...
- Edinboro, Pa., Farm Equipment Dealership Closes after 50 Years.
- News wire article from: Erie Times-News (Erie, PA) July 9, 2003 700+ words
...pair of blue and white New Holland farm equipment flags have been lowered to something...more than half a century of selling farm equipment, the dealership long known as Sid...at 62 has been selling tractors and farm equipment for much of his life. "I'm trying...
- Outlook for farm equipment in 1996: will it be the stock winner some experts...
- Magazine article from: Implement & Tractor January 1, 1996 700+ words
...year with an article that predicted farm equipment will be one of the most attractive...there is a growing demand for US-made farm equipment. These things are driving up crop...1996 will be a pretty good year for farm equipment," Harry Mortner, stock analyst with...
- The parts battle may be just beginning. (farm equipment industry) (Editor's...
- Magazine article from: Implement & Tractor Fogarty, Bill August 1, 1989 700+ words
...ago the question was raised: Have farm equipment manufacturers and their dealers lost...There is more involved than just farm equipment parts. More than farm and industrial...And it appears to be happening to the farm equipment segment, too, among others. The...
- Mahindra's Farm Equipment Sector To Accept Deming Prize Of The 2007 Japan...
- Press release article from: PR Newswire October 29, 2007 700+ words
...Mahindra & Mahindra's Farm Equipment Sector (FES), the third largest...Choudhari, president of the Farm Equipment Sector at M&M. "The Japan Quality Medal catapults our Farm Equipment Sector into a new league and...
Source: HighBeam Research, How much is that tractor worth?(using the 'Blue Book for Farm...