Page 2 of 3 FirstFirst 123 LastLast
Results 21 to 40 of 42

Need help on determining value! - Page 2

| Off Topic Discussions
  1. #21
    jghilino's Avatar
    SMF Badges of Honor

    Buying Specialty Escrap of all kinds, resale grade computer parts

    Member since
    Sep 2012
    Location
    KANSAS CITY
    Posts
    2,672
    Thanks
    1,429
    Thanked 1,453 Times in 919 Posts
    If that tractor runs and is worth $5000 as-is just imagine how much it would be worth restored. Sounds like a fun side project.



  2. #22
    PartTimeScrapper's Avatar
    SMF Badges of Honor



    Member since
    Aug 2011
    Location
    Morrison, Colorado
    Posts
    3,400
    Thanks
    1,004
    Thanked 3,256 Times in 1,335 Posts
    The red thing looks like a disc from what I can see from the picture. Does it have round discs on it?

  3. #23
    PartTimeScrapper's Avatar
    SMF Badges of Honor



    Member since
    Aug 2011
    Location
    Morrison, Colorado
    Posts
    3,400
    Thanks
    1,004
    Thanked 3,256 Times in 1,335 Posts
    Quote Originally Posted by jghilino View Post
    If that tractor runs and is worth $5000 as-is just imagine how much it would be worth restored. Sounds like a fun side project.
    Restoring something does not always add value. Just ask all the people who had there antique guns cleaned and reblued.

  4. #24
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Quote Originally Posted by jghilino View Post
    If that tractor runs and is worth $5000 as-is just imagine how much it would be worth restored. Sounds like a fun side project.
    No space, time, or money. If I can make $5,000 or little under as it is right now, I will take it gladly, and move on.

    Quote Originally Posted by PartTimeScrapper View Post
    The red thing looks like a disc from what I can see from the picture. Does it have round discs on it?
    Trying to think on how to describe. Okay, you know how a screw looks that you used, to screw into the cork of a bottle of wine? It is like that, side ways. Might not be a tiller, but that is what I call it.
    George Beale - Founder & President - info@viprecyclingjunkremoval.com
    VIP Recycling Junk Removal LLC - Premier Scrap Metal, Junk, & Electronic Recyclers!
    http://www.viprecyclingjunkremoval.com

  5. #25
    Mechanic688's Avatar
    SMF Badges of Honor



    Member since
    Mar 2011
    Location
    Warsaw , Ind. In the heart of the lakes, and down the street from the hotel where Al Capone stayed.
    Posts
    9,568
    Thanks
    11,247
    Thanked 10,730 Times in 4,728 Posts
    Trying to think on how to describe. Okay, you know how a screw looks that you used, to screw into the cork of a bottle of wine? It is like that, side ways. Might not be a tiller, but that is what I call it.
    That's some form of a harrow if I'm thinking right. Can't see the bottom correctly but check with your local farm stores. Up here used farm equip. goes expensive.
    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

  6. #26
    SMF Badges of Honor

    Member since
    Oct 2012
    Location
    Alabama
    Posts
    764
    Thanks
    1,067
    Thanked 1,213 Times in 471 Posts
    Hi George, nice haul on the tractor and equipment. The tractor is definitely a Deere either M or MT as others have said. I think the picture ad you posted is about right. They have theirs for sale for $2700 after spending $900 in parts. I've done some restoring and know that it costs a lot even when doing the work yourself. My first gut instinct was if you had it down here in Alabama, I'd offer around $700 as is. If you get it running, usually not too hard if the block isn't cracked or some other major problem, it would bring at least $1500. Going for more than that you have to start putting money in and need to figure how much each input is going to bring up the value.

    The red piece is a disk harrow. I've sold several of those for $100 to $300. They are usually an easy sell if you contact deer hunters who need these smaller disks for planting food plots in the woods. I can't remember what company makes bushhogs in blue, Ford maybe, Long more likely. If it works, it could be worth $200 to $300. If it doesn't work (gearbox bad) it's not worth fixing and just cut it up. The last gearbox I bought was over $500.

    Bear in mind that these are Alabama prices and you might do better in your area.

  7. The Following 2 Users say Thank You for This Post by Pnutfarmer:


  8. #27
    DiamondN's Avatar
    SMF Badges of Honor


    Member since
    Oct 2012
    Location
    Indiana
    Posts
    912
    Thanks
    2,150
    Thanked 378 Times in 243 Posts
    Quote Originally Posted by PartTimeScrapper View Post
    Restoring something does not always add value. Just ask all the people who had there antique guns cleaned and reblued.
    Agreed...To do a quality restoration on most any tractor, you will spend more on the resto than you would ever sell it for. If you can get it in running condition and just clean it up a little, it should bring some good money.

  9. #28
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Thanks everyone. I think I might start things off at $2,200 for all of it, and then go from there.

  10. #29
    SMF Badges of Honor



    Member since
    Feb 2012
    Location
    OK
    Posts
    5,731
    Thanks
    6,815
    Thanked 3,465 Times in 1,990 Posts
    what year was the tractor George ?

  11. #30
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Quote Originally Posted by Bear View Post
    what year was the tractor George ?
    Not totally sure. My brother in law's friend went out there with me. One side said M, the other side said MT.

    But from the pictures I seen on Google Images, I believe it to be a 1948 model.

    Jenkins (my brother in law's friend), knows a lot about the stuff, and was very cool by going through and telling me everything that would need to be done to get it back into working condition.

    He did state that the brush hog probably worked still with no problems, because they are very hard to mess up, but that the red piece of equipment did not go to the tractor, or at least he didn't believe it did. He did say that the red piece of equipment was a tiller for like a garden, etc.


    He said that he saw tons of them online selling for $2,000+ but that was with the tractor running. So that is why I said if he and I cannot work out a fair deal, I will email the 12 interested parties and start the auction off at $2,200 for the tractor and accessories, and then whatever it widdles down to, will be it.

  12. #31
    MattInTheHat's Avatar
    SMF Badges of Honor


    Member since
    Sep 2012
    Location
    rock hill, sc
    Posts
    1,464
    Thanks
    1,142
    Thanked 1,396 Times in 703 Posts
    auction sounds like a good idea

    Quote Originally Posted by CarolinaEwaste View Post
    Not sure about the value of the cultivators or bush hog but i have seen many sell at farm auctions. The tractor looks to be an early 40s B model but not positive on that. If you have trouble identifying it look up oneloneyfarmer on youtube and he should be able to tell you what it is

  13. #32
    spider03's Avatar
    SMF Badges of Honor


    Member since
    Feb 2012
    Location
    Ohio
    Posts
    79
    Thanks
    36
    Thanked 28 Times in 22 Posts
    did you get a serial number off of it? can usually find the year based on the serial number. Does it run? How many hours are on it? I was at 2 tractor junk yards earlier today looking to repair my MF and -as always-see a lot of JDs.

  14. #33
    RustyDollars's Avatar
    SMF Badges of Honor

    Member since
    Jan 2012
    Location
    Central Wis
    Posts
    426
    Thanks
    438
    Thanked 533 Times in 213 Posts
    Quote Originally Posted by GeorgeB View Post
    Jenkins (my brother in law's friend), knows a lot about the stuff, and was very cool by going through and telling me everything that would need to be done to get it back into working condition.

    He did state that the brush hog probably worked still with no problems, because they are very hard to mess up, but that the red piece of equipment did not go to the tractor, or at least he didn't believe it did. He did say that the red piece of equipment was a tiller for like a garden, etc.

    The red piece is a disc, it is a separate piece of equipment. It is used for tilling and should be worth somewhere in the range of $600-$750. The smaller size like that are in demand with hunters to prepare food plots. Should be a quick sell via CL.
    Good luck.
    If it wasn't for the $ in $crap, it would just be.....

  15. #34
    gustavus is offline Metal Recycling Entrepreneur
    gustavus's Avatar
    SMF Badges of Honor


    Member since
    Sep 2011
    Location
    Canada
    Posts
    1,209
    Thanks
    1,351
    Thanked 920 Times in 425 Posts
    Quote Originally Posted by GeorgeB View Post
    Okay, so I got a call from a car dealership owner telling me that they had a property in Great Falls, VA with big storage shed full of metal in it, and wants it all gone.

    He described everything to me, and I told him, that I would not charge for a load that size. So, my helper and I went to the located. My trailer is completely filled with a bunch of cast iron, several batteries, a wood chipper (not sure if it works or not. Looks to be in GREAT shape, but not sure if it needs a tune up or not.

    Anyways, when we pull up, we notice a john deer tractor, with a blue bush hog, and then next to that, is a red attachment used for digging up the dirt when your getting ready to plant crops. Then, in the shed is another one like that, but much older and FREAKING HEAVY!!!!

    Anyways, if anyone can give me some sort of value idea on what the tractor and accessories are worth, I would appreciate it. I have already had a high offer of $500 cash for it all. Normally I would jump all over that, but I am sure it is worth more than that.

    I had another gentlemen who initially offered $300, but I can get more than that just in scrap value.

    Thanks everyone.







    I wouldn't get to excited about the brush hogs, most of the time the gear box is trashed inside, now the JD is something to jump up and down about anything Green brings in a good selling price. If the tractor turns over you can expect more value, then running even better yet.

    The JD in your picture is a row crop. from the 50's judging by the paint I would venture a guess that it has been recently restored. Personally I would have preferred one that was not simply because the parts are worn and loose whilst a rebuilt engine the parts are tight more subject to seizure.

    At any rate George good find, hang in there for a good price, 500 is way too low, should be closer to $3500.00 up. The tires even look decent, how are they for weather checking, any rust near the valve stem, this usually indicates a calcium leak, if there's rust at the valve stem you can bet inside the rim is far worse.

    Congrats.

  16. #35
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    UPDATE!

    There is was 2 different serial numbers (we are not sure why) and 2 different stickers (M & MT).

    We did determine it was roughly a 1948 model M tractor.

    We found several sites where they sold for $2,000 to $6,000 WORKING! Unfortunately, this tractor needs about $1,000 or little more in repair work to get it operational.

    So, out of 14 people that was interested, since my brother in law's friend was offering the same as everyone else, I decided to deal with him. So, he is paying me roughly $500 to $600 for everything, plus another $200 to help him move it all. He had a friend that was supposed to trailer it all, but he keeps cancelling, so he and I worked out another deal for transporting too.

    So tomorrow, we will be moving all 4 pieces, and at the end of the day, I have almost $1,000 in my hands. Could be more, but atleast I know it is cold hard cash in my hands to do some shopping with for Christmas.

    Thanks to everyone for your much needed help!

  17. #36
    SMF Badges of Honor

    Member since
    Mar 2012
    Location
    Chesaning
    Posts
    472
    Thanks
    24
    Thanked 355 Times in 171 Posts
    $800 for all of that? Wow he is getting a good deal. Scrapyard would of brought you more.

  18. #37
    jghilino's Avatar
    SMF Badges of Honor

    Buying Specialty Escrap of all kinds, resale grade computer parts

    Member since
    Sep 2012
    Location
    KANSAS CITY
    Posts
    2,672
    Thanks
    1,429
    Thanked 1,453 Times in 919 Posts
    Quote Originally Posted by PartTimeScrapper View Post
    Restoring something does not always add value. Just ask all the people who had there antique guns cleaned and reblued.
    it does if you get it running, id rather have a working antique than a broken one, you dont hear anyone say look as this nice old broken gun i have
    Last edited by jghilino; 11-25-2012 at 03:12 PM.

  19. #38
    jghilino's Avatar
    SMF Badges of Honor

    Buying Specialty Escrap of all kinds, resale grade computer parts

    Member since
    Sep 2012
    Location
    KANSAS CITY
    Posts
    2,672
    Thanks
    1,429
    Thanked 1,453 Times in 919 Posts
    Even at scrap prices id rather see something like that remain in private hands, it might be a great barn find 40 years from now. You did well george and its the cash in hand that talks and the fact you didnt have any expenses involved that makes all the difference.

  20. #39
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Quote Originally Posted by ResourcefulRecycling View Post
    $800 for all of that? Wow he is getting a good deal. Scrapyard would of brought you more.
    Not really. The tractor weights less than 3,500lbs, so at current scrap yard prices for me, the tractor and accessories, would have brought maybe 400 to 500 tops.

    This way, I am getting paid for the tractor, accessories, and for transporting it all for him.

    He is a great guy. Hes a good friend of my brother in law's and mine, and told me that to give him first dibs on anything I come across, and if he wants it, he will make me a cash offer on the spot.

  21. #40
    GeorgeB started this thread.
    GeorgeB's Avatar
    SMF Badges of Honor

    Member since
    Sep 2011
    Location
    Manassas Park, VA
    Posts
    2,919
    Thanks
    462
    Thanked 639 Times in 432 Posts
    Quote Originally Posted by jghilino View Post
    Even at scrap prices id rather see something like that remain in private hands, it might be a great barn find 40 years from now. You did well george and its the cash in hand that talks and the fact you didnt have any expenses involved that makes all the difference.
    I believe so. Come tomorrow, the job will be 100% done thanks to him and I, and I will be almost $1,000 richer.


  22. Similar threads on the Scrap Metal Forum

    1. Determining hitch rating
      By tackleberry in forum Tools and Equipment
      Replies: 12
      Last Post: 04-27-2012, 09:52 PM

Page 2 of 3 FirstFirst 123 LastLast

Thread Information

Users Browsing this Thread

There are currently 12 users browsing this thread. (0 members and 12 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook