Buying a tractor as a private sale

[Scholsey]

Any advice on buying a tractor private? Looking at a 5 year old tractor around 50k worth, hopefully going to see it tomorrow/Tuesday, if it is as the seller says, how do you go about transferring such a large sum of money safely? What sites can you use to check for outstanding HP etc

 

[Martyn]

Any advice on buying a tractor private? Looking at a 5 year old tractor around 50k worth, hopefully going to see it tomorrow/Tuesday, if it is as the seller says, how do you go about transferring such a large sum of money safely? What sites can you use to check for outstanding HP etc

I would put some of it on hp, which would then safeguard you about outstanding hp and gives you a bit protection.

 

[TripleSix]

You can get a hpi check done, same as a car.

If it's any sort of money I would.

Same with any transaction, trust is required both sides.

Go in with your eyes open, has he had it long?
Has it been any trouble?
Does it look out of place where it is? ie bought to sell on.

Unless you've a large was of cash it's gonna be a Bacs,
Get someone at home to transfer the money and then drive it away the same day?

 

[davidroberts30]

pay some via credit card too

 

[mf7480]

I’d rather buy a tractor as a private sale than one of the many second hand machinery yards- far more likely to be a genuine tractor I’d have said.

 

[David.]

At that sort of money, does your trusted local dealer know you are looking for such a machine, it is not unheard of for a dealer to broker the machine and assist with financing, win, win as it were.

 

[PSQ]

Go accompanied with a trusted independent mechanic to look it over.
- It could be the wisest £100 you ever spend.

 

[Wombat]

pay some via credit card too

Business transaction so that doesn’t matter

 

[Will 1594]

Look round the yard when you go , if it’s tidy and well kept then his gear hopefully will be too , ring the supplying dealer and ask service manager if any issues.

 

[Chae1]

Any advice on buying a tractor private? Looking at a 5 year old tractor around 50k worth, hopefully going to see it tomorrow/Tuesday, if it is as the seller says, how do you go about transferring such a large sum of money safely? What sites can you use to check for outstanding HP etc

Transfer money when its loaded on lorry.

 

[Speedstar]

Your eyes are the judge and your pocket is the guide,
Have bought lots private some unseen over the phone and net ,never had one that we were unhappy with

 

[Exfarmer]

Do not forget there is more than one farmer trading but not officially. If he has onlyowned it recently it should ring alarm bells. A dealer will have to give a warrantee of sorts, buying it out of a farmyard and you will have the same as if youhad bought it from Cambridge, where that tractor may have sat 4 weeks ago.

 

[uztrac]

Transfer money when its loaded on lorry.

The only way, after you have had it checked and ensured that their is no outstanding finance on said machine.

 

[startinghandle]

Have you found out price of brand new equivalent tractor

 

[Robert K]

Give it a test drive when you go to look at it as that might produce any gremlins in the system

 

[Speedstar]

Any advice on buying a tractor private? Looking at a 5 year old tractor around 50k worth, hopefully going to see it tomorrow/Tuesday, if it is as the seller says, how do you go about transferring such a large sum of money safely? What sites can you use to check for outstanding HP etc

If I go to look at one I always take the hyd filter off and have a look at it ,any bits in there costs money

 

[Scholsey]

Have you found out price of brand new equivalent tractor

More than double!

 

[kill]

If you ask what repairs have been done? Then it's really nice to see bills if it was carried out by a dealership.
I have bought and sold many tractors privately and always got on well on both sides as when selling I'd rather keep 100% of a sale price rather than selling to a dealer and seeing 20-25% mark up on a machine I have owned and ran for years a week later as it's my responsibility to my business as well as myself to achieve the best price I can.

And when buying it's nice to see a saving on dealer prices and most people are very genuine except one I bought a machine off a year ago that after a month of purchase the guy wouldn't load it to me because it apparently had been listed by the court because of and outstanding unresolved problem elsewhere with his business which was a fraudulent sale on his behalf and he has also failed to supply an invoice.

 

[Chae1]

The low prices dealers are offering for used tractors i think we'll see a lot more machinery sold privately.

 

[startinghandle]

I remember when I worked at main IH
Dealer 40 years ago there was a discount for straight deal on new tractors and other machinery
Does that still apply??