How do you price out a machine to sell?

bmedeiros678

New member

Equipment
K2601
Jun 28, 2018
22
1
3
North attleboro, MA
With pricing going crazy for new machines how does one come up with a price for used? 2017 b2601 226 hours with fel. I don’t want to screw anyone but don’t want to give it away either.
 

fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
6,932
4,362
113
Eastham, Ma
With pricing going crazy for new machines how does one come up with a price for used? 2017 b2601 226 hours with fel. I don’t want to screw anyone but don’t want to give it away either.
Look for comparisons on :
Tractorhouse.com
Machinerytrader.com
Equipmenttrader.com
Machinerypete.com

You may be able to get somewhat close to the price that you paid when new in 2017.
 
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85Hokie

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Lifetime Member

Equipment
BX-25D ,PTB. Under Armor, '90&'92-B7100HST's, '06 BX1850 FEL
Jul 13, 2013
10,467
2,241
113
Bedford - VA
I would start at 18K and work down if offers do not come your way.

I would think 16k-17K would be a "selling price"

no MMM correct?
 
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Daferris

Well-known member

Equipment
LX2610
Nov 23, 2021
467
389
63
Mid-Michigan
Just for reference last October I sold a B7510 with FEL 48" pin on bucket, 60" mower with a new gear box. 3 sets of blades and 945 hours. With a fresh engine and trans oil and filter change. The cons were scratched paint and 1 broken taillight. I got dozens of offers from $10-$10,500 it sold for $13,100 told took 3 weeks to sell it. Tractor was $14,000 plus $840 in sales tax in 2004
 
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mikester

Well-known member

Equipment
M59 TLB
Oct 21, 2017
3,196
1,681
113
Canada
www.divergentstuff.ca
Just for reference last October I sold a B7510 with FEL 48" pin on bucket, 60" mower with a new gear box. 3 sets of blades and 945 hours. With a fresh engine and trans oil and filter change. The cons were scratched paint and 1 broken taillight. I got dozens of offers from $10-$10,500 it sold for $13,100 told took 3 weeks to sell it. Tractor was $14,000 plus $840 in sales tax in 2004
Good things come to those who wait. (usually)

If your are desperate to sell then the lowball tire kickers will be happy for another steal.
 

B737

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Lifetime Member

Equipment
LX3310
Jun 9, 2019
2,024
2,197
113
New Jersey
Another reference point:
in 2020 I bought a new B2601 with 3rd function, two rear remotes, 54" bucket. (no MMM)
Purchase price from the dealer was 20k. Sold it 9 months later.

3 dealers offered $12,000 as a trade in. I got lucky and a guy bought it 24 hours before trade in for $14,500.

The selling process from CL and FB was, painful. I agree 17-18 as a starting point, and go from there.
 

fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
6,932
4,362
113
Eastham, Ma
Another reference point:
in 2020 I bought a new B2601 with 3rd function, two rear remotes, 54" bucket. (no MMM)
Purchase price from the dealer was 20k. Sold it 9 months later.

3 dealers offered $12,000 as a trade in. I got lucky and a guy bought it 24 hours before trade in for $14,500.

The selling process from CL and FB was, painful. I agree 17-18 as a starting point, and go from there.
 

fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
6,932
4,362
113
Eastham, Ma
I am actually surprised that you did not get more $.
Especially in the Northeast, where prices always seem to be high ,
 
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B737

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Lifetime Member

Equipment
LX3310
Jun 9, 2019
2,024
2,197
113
New Jersey
Yes it was a learning experience. Plenty of inventory (in the right places), and people will pay more to finance new from dealer.
 

fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
6,932
4,362
113
Eastham, Ma
That’s what my thoughts are as well…People like to finance.
Agreed!
Most people HAVE to finance, if they EVER expect to buy a tractor.
IN 2019 my (used) 2006 L48 Kubota TLB cost $10K more than my first house.
 

rc51stierhoff

Well-known member

Equipment
B2650, MX6000, (BX sold)
Sep 13, 2021
2,080
2,335
113
Ohio
Ask dealer what they would give you on a trade. That’s the bottom. It’s worth more than that easily. WhAts the new price? That’s the ceiling.
 
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fried1765

Well-known member

Equipment
Kubota L48 TLB, Ford 1920 FEL, Ford 8N, SCAG Liberty Z, Gravely Pro.
Nov 14, 2019
6,932
4,362
113
Eastham, Ma
Just for reference last October I sold a B7510 with FEL 48" pin on bucket, 60" mower with a new gear box. 3 sets of blades and 945 hours. With a fresh engine and trans oil and filter change. The cons were scratched paint and 1 broken taillight. I got dozens of offers from $10-$10,500 it sold for $13,100 told took 3 weeks to sell it. Tractor was $14,000 plus $840 in sales tax in 2004
That is great for a 17 year old machine!
Congratulations.
I don't know what my 2006 L48TLB sold for when new, but I am absolutely certain (Machinery Trader etc.) that it would sell for 25% more than I paid for it (with 251 hrs.) 3 years ago.
 

ACDII

Well-known member

Equipment
B2410, L352 Loader, Woods BH70-X backhoe
Oct 21, 2021
660
407
63
Illinois
It would be not much different than selling an RV or a car. Go to the tractor sales sites, and auction sites, look up the model of tractor, then sort by hours and equipment that is close to what you have, and that will give you a ball park figure to work with.

In 2019 I had decided to sell my 2014 Coleman bunkhouse travel trailer. I did just as I said above, and listed it for the mid high side. When spring rolled around in 2020, I had people looking but no offers, so I dropped the price a bit then they came in. Of course had I known the RV market would become a hot commodity I would have remained high and would have eventually sold it for top dollar, but hindsight and all that. I did sell for what I listed for though, no negotiations needed, and they paid cash.

So last year when looking at tractors to hay with, I looked up my B2410 pricing, with the backhoe and loader they were selling, not listing, but selling based on auction prices, for more than I paid for it. :eek:

I am not selling or trading the B2410 because it has the backhoe, although if I wanted to, Woods makes a subframe for the L4060 that will work on the backhoe so I could move it to the new tractor, but decided there will be plenty of times the B2410 will be used alongside the new tractor and am keeping it. Why not, it' paid for!

But anyhow thats what I do when selling something, what ever the market dictates.
 
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