Fendts in Cambridge sale

alomy75

Member
Sorry that info is not for every man & his dog to know a guild would be form 50k to 200k make your own mind up
Did the lady behind the desk write it on a folded piece of paper; slide it across to you and then demand you set light to it once you read it? A reserve price is just there to protect the seller and is irrelevant to the final bid price. It’s hardly sensitive information.
 

lloyd

Member
Location
Herefordshire
Did the lady behind the desk write it on a folded piece of paper; slide it across to you and then demand you set light to it once you read it? A reserve price is just there to protect the seller and is irrelevant to the final bid price. It’s hardly sensitive information.
Not necessarily sometimes items have been sold after an auction for below the reserve
so by knowing the reserve you can gauge a realistic offer.
 

Martyn

Member
Location
South west
Maybe a sign of the times.

Used stock doesn't seem to be shifting from dealers yards.
There is dealer in the SW with a fendt forager with around 1000hours on that’s been for sale for over 3 years now, I only know as it was for sale when we brought a new tractor from them and it’s a 2020 plate
 

alomy75

Member
Not necessarily sometimes items have been sold after an auction for below the reserve
so by knowing the reserve you can gauge a realistic offer.
Of course; but this particular sale hasn’t happened yet. After the sale the reserve is published on unsold lots anyway for all to see for the reason you mention. My point is that it’s not some top secret information for privileged eyes only…
 

Dave W

Member
Location
chesterfield
Of course; but this particular sale hasn’t happened yet. After the sale the reserve is published on unsold lots anyway for all to see for the reason you mention. My point is that it’s not some top secret information for privileged eyes only…
Cheffins’s don’t give the reserve prices out on tractors until after the sale. Nor do tie results stay online for more than a few hours after the sale.
 

Alistair Nelson

Member
Mixed Farmer
Location
E Yorks
Cheffins’s don’t give the reserve prices out on tractors until after the sale. Nor do tie results stay online for more than a few hours after the sale.

That is as much to protect dealers as it anyone else. A Dealer mate of mine said the Internet made him, the could go off buy some gear in a sale live, have a square up in the knock afterwards, bring it home put it on his website and unless we people were there at the sale they had no idea what he had given for it and definitely no idea what it had cost him afterwards. But farmers bored on an evening kept going back everynight and looking at said item on his website and nearly bought it in there minds before ringing, because it was there available see at his kitchen table.

Now when / if he goes to the sale its available online as well as live so all and sundry know what in theory he has given for it, they still have no idea what it has cost him in the knock afterwards if they even understand the knock or what the haulage has cost to get it home etc. They see it on his website at a price and then call him a robbing barsteward, as he said they weren't brave enough to stand next to him and bid against him but will call him every name under the sun afterwards. This is making the dealers more careful and this has got back to the auctioneers hence why the results disappear fairly quickly, because without the trade involvement these auctions struggle
 

Drillman

Member
Mixed Farmer
That is as much to protect dealers as it anyone else. A Dealer mate of mine said the Internet made him, the could go off buy some gear in a sale live, have a square up in the knock afterwards, bring it home put it on his website and unless we people were there at the sale they had no idea what he had given for it and definitely no idea what it had cost him afterwards. But farmers bored on an evening kept going back everynight and looking at said item on his website and nearly bought it in there minds before ringing, because it was there available see at his kitchen table.

Now when / if he goes to the sale its available online as well as live so all and sundry know what in theory he has given for it, they still have no idea what it has cost him in the knock afterwards if they even understand the knock or what the haulage has cost to get it home etc. They see it on his website at a price and then call him a robbing barsteward, as he said they weren't brave enough to stand next to him and bid against him but will call him every name under the sun afterwards. This is making the dealers more careful and this has got back to the auctioneers hence why the results disappear fairly quickly, because without the trade involvement these auctions struggle
i Think in. 2024 there’s going to be more dealers looking to sell long term stock rather than buy at sales. A quick rummage on companies house reveals that most of the major players have a bank manager who is in need of a party pack of sleeping tablets and the trade can only stand so much as well, there be a lot more dealer clear out sales by the likes of rip offs and similar as well
 

Alistair Nelson

Member
Mixed Farmer
Location
E Yorks
i Think in. 2024 there’s going to be more dealers looking to sell long term stock rather than buy at sales. A quick rummage on companies house reveals that most of the major players have a bank manager who is in need of a party pack of sleeping tablets and the trade can only stand so much as well, there be a lot more dealer clear out sales by the likes of rip offs and similar as well
I fully agree who I was talking about were the s/h traders who have to go out and buy their stock to offer it for sale, although at the moment I know their phones are ringing off the hook with main dealers wanting to offload anything onto them.

As you say a lot of the new franchise dealers are in bother with too much new & s/h stock on the books that is depreciating in front of them whilst the stocking plan interest is going out the account every month.
 

Two Tone

Member
Mixed Farmer
Cheffins’s don’t give the reserve prices out on tractors until after the sale. Nor do tie results stay online for more than a few hours after the sale.
Well almost correct, but not quite:

Years ago, we wanted to buy a yard tractor and I took my boss and as it happened our local Deutz dealer who fancied a day out, with me to the Cheffins sale yard at Sutton.
It just so happened that there was a rather nice Deutz 80hp 4WD.
Our local dealer said it was a good one worth about £4K and we should buy it.
My boss, who had never been to an agricultural sale before asked if he could do the bidding, to which I agreed.

The bidding started at about a grand and went up in £100 pound increments.
When it got to about £1700, my boss suddenly stopped bidding, turned to me and asked “Richard, can you see who else is bidding?”

To which the Auctioneer who I knew quite well said to him “Nobody Sir, but the tractor hasn’t yet reached its reserve.”

So my boss said “How much is the Reserve?”

The auctioneer replied “£2000 Sir.”

“OK” said my boss, “I’ll give you £2000 for it”

“Done!” Said the auctioneer.

“You certainly have been” said my boss. “We would have gone to £4K, if you’d got your act together better!”


The rest of the crowd were pi55ing themselves laughing.
These days, I suppose they could claim the other bidder was on the Internet.

That very tractor, sold to onto a friend
IMG_1354.jpeg


And its replacement (there was a Massey 3080 in between).
IMG_1355.jpeg
 
Last edited:

Welderloon

Member
Trade
Fendts
Fendt 716 Power Plus Tractor c/w Fendt 5x85 loader, GPS ready Hours: approx 4865 Reg. No. FJ21 AMU Ser. No. WAM73923V00F10044 warranty to 28/02/2025 or 5000 hours77,000 Unsold
Fendt 716 Power Plus Tractor c/w lFendt 5x85 loader, GPS ready Hours: approx 4610 Reg. No. FJ21 ANU Ser. No. WAM73923L00F10046 warranty to 28/02/2025 or 5000 hours80,000
Unsold

Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS, front pto Hours: approx 4800 Reg. No. FJ21 AKU Ser. No. WAM73923C00F10043 warranty to 28/02/2025 or 5000 hours
7?,500
Unsold
Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS Hours: approx 4600 Reg. No. FJ21 AJU Ser. No. WAM73923J00F10042 Warranty till 28/02/2025 or 4500 hours76,500
Unsold
Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS, front pto on Michelin 710/60 R38 VF 600/60 R28 VF Hours: approx 4215 Reg. No. FJ21 ALU Ser. No. WAM73923A00F10045 warranty to 28/02/2025 or 5000 hours75,100
Unsold

Fendt 718 Vario Power Plus Tractor c/w front linkage, Guidance, 540/65 R28 & 650/65 R38 tyres, 3 year extended warranty, Manual & registration documents in office Hours: approx 80 Reg. No. SP23 AOK Ser. No. WAM76221KO6F04737
124,000
Unsold
 

daveydiesel1

Member
Livestock Farmer
Location
Co antrim
Fendts
Fendt 716 Power Plus Tractor c/w Fendt 5x85 loader, GPS ready Hours: approx 4865 Reg. No. FJ21 AMU Ser. No. WAM73923V00F10044 warranty to 28/02/2025 or 5000 hours77,000 Unsold
Fendt 716 Power Plus Tractor c/w lFendt 5x85 loader, GPS ready Hours: approx 4610 Reg. No. FJ21 ANU Ser. No. WAM73923L00F10046 warranty to 28/02/2025 or 5000 hours80,000
Unsold

Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS, front pto Hours: approx 4800 Reg. No. FJ21 AKU Ser. No. WAM73923C00F10043 warranty to 28/02/2025 or 5000 hours
7?,500
Unsold
Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS Hours: approx 4600 Reg. No. FJ21 AJU Ser. No. WAM73923J00F10042 Warranty till 28/02/2025 or 4500 hours76,500
Unsold
Fendt 716 Power Plus Tractor c/w Trimble AG 482, GPS, front pto on Michelin 710/60 R38 VF 600/60 R28 VF Hours: approx 4215 Reg. No. FJ21 ALU Ser. No. WAM73923A00F10045 warranty to 28/02/2025 or 5000 hours75,100
Unsold

Fendt 718 Vario Power Plus Tractor c/w front linkage, Guidance, 540/65 R28 & 650/65 R38 tyres, 3 year extended warranty, Manual & registration documents in office Hours: approx 80 Reg. No. SP23 AOK Ser. No. WAM76221KO6F04737
124,000
Unsold
Where did u see the unsold bit?
 

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