In the first post of this thread, there are two, I believe John Deere, 110 tractors for sale at a high price. Dose it not depend somewhat as to where the location is as to how prices are determined. Where I live, PEI, Canada, I doubt that there is a 110 here on PEI. So, if you are a collector on PEI and you happened to find a 110 , and it was priced high, would you buy it or not ?
I believe that I may be the only person on PEI to have a 1970 John Deere 140 H3. Is it worth more because of that ? A collector may pay the asking price, but the person just lookin for a tractor to cut grass with, may not. Just some thoughts I had, only opinions.
Here is an idea as to what I get so frustrated over. I'll post two of my tractors below, but try and give you an example of what I'm seeing on Craigslist in our area, and sometimes on eBay for that matter, just so you can maybe see the difference.
1966 John Deere 112H for sale. Very Rare as there were only 1,000 units produced that year. Has been restored 8 years ago using authentic John Deere paint, new Hapco reproduction decals, seat cushion, and floor mats. Has the original cigarette lighter and all factory installed headlights and tail light work. This tractor has NOS John Deere hubcaps and belts. The Tecumseh HH100 10 horse motor has been rebuilt with all new factory parts, and hasn't been run since installed back into the tractor. The gas tank is like new inside, and the transmission has been gone through and shifts like it should. The only thing on this tractor that isn't factory, other than the reproduction Hapco items, is the front grille emblem that I added myself as a way of identifying the tractor as one of my restorations. You won't be disappointed with this tractor. I'm wanting $2,500.00 firm. Located in Reading, PA and is sold where is. No shipping so don't ask! See attached pictures for details:
Very Rare vintage 110 for sale. There were only 1,000 of these made and now is your chance to own one. This tractor has the very rare narrow wheel package, and the hard to find rear lifting set up. This tractor is unmolested and has never been repainted. It is completely original right down to the motor. Tractor starts right up and runs smooth with the turn of the key, even after sitting all winter. This tractor comes with a 38" mower deck, although not shown, and is so quiet you won't even know it running. Selling it for $1,500.00. My lose is your gain, as I need it gone quickly as I need the money for a new baby on the way. Will be a long time before you find another one in this condition. Located in Reading, PA, and could possibly help with delivery for a fee.
Now, with both sellers listing shown, let's compare to see which one is more in the lines of ballpark pricing. Since most of you who aren't John Deere collectors won't be able to tell one round fender from another, I'll explain what I see when it comes to expertise:
Seller #1 has a very nice tractor for sale, and from what we can see, he is pretty accurate when it comes to explaining the credentials of the tractor. Yes, the tractor is a 1966 112H, yes there were only 1,000 units produced in 1966, and yes, the light package and cigarette lighter are original equipment. The hubcaps could be factory NOS hubcaps, however Cub Cadet used the same type, so how do we know they are authentic John Deere's? Well due to his details of explaining the tractor, I would take the man to his word. Why would he need to lie about them? Anyway, although the tractor looks very nice, is a limited production run, and seems as though you wouldn't need to do anything to it, I wouldn't consider the tractor as rare and would be hard pressed to spend that kind of money on it. I'd maybe go as high as $1,500.00 for it.
Seller #2 has a very commonly found 1967 110, and considering that the seller says it's rare, there were actually 35,000 of these units produced. The narrow wheel package is not rare either, and can be easily found if you are wanting a set. With this tractor year I might add, the serial number discloses what type of wheel package the tractor was shipped with from the factory, so the narrow wheels that he has shown, may or may not be factory issued. The hard to find rear lifting set up, is actually hard to find, however I don't believe it's worth a price increase just because it's included. The seller states that the tractor is completely original and has never been painted, although we can clearly see that the engine paint does not match that of the tractor paint. Was the engine replaced at some point, or was it rebuilt and painted before being reinstalled into the tractor? Since the tractor itself doesn't have the correct shade of John Deere green on it, I'm pretty sure we can determine that this tractor was in fact repainted at some point, so now we must determine how trustworthy this seller really is. The seller states that a mower deck comes with the tractor, and is very quiet. There is no picture included for us to judge for ourselves on the condition, and through all of my years of collecting, I have yet to come across a quiet mower deck for these old tractors. This seller is really trying his best to sell this tractor, and it's clear he doesn't know what he's talking about. As for his asking price, $1,500.00 is extremely high for this tractor. This tractor and deck to me, isn't worth more than $350.00. It's very common, as been touched up at some point, and the seller isn't quite as knowledgeable as he wants us to believe. Oh, and it won't take very long to find another one in better condition and cheaper than the one he has posted.
Two cases of Craigslist examples. One somewhat legit, the other way out in left field. Both however, way off the mark when it comes to pricing. However, both sellers are going by what they see other tractors of this style selling for, and think they both can ask whatever they want to when it comes to pricing.
Just as reminder, the two examples of sellers that I posted are made up and are not legitimate listings on Craigslist. The pictures are of tractors from my collection, and are not for sale. Please don't contact me wanting to know more information about the sellers, or where these tractors are located. They were only used as examples!
Edited by johndeereelfman, March 13, 2016 - 01:38 PM.