Can not see much change for while yet second hand needs to stay high or even get higher with the price on new things today, most tractor etc have just gone up again at the start of November , but are they selling many ?Whats going to happen to prices next year? Continue to rise or will supply finally catch up with demand,?
Will the second hand market go back to semi normality?
Or has money just lost value and they will stay high
Thoughts?
Yes but what is a new one 110KFarm sale last week 2yr old jcb 320s made £79k
Apparently 3k more than they paid for itFarm sale last week 2yr old jcb 320s made £79k
Know someone who demonstrated a 420 and they said that was 105kYes but what is a new one 110K
The problem is none of these factories are running at full production ,all are having problems with getting components to build things and have workers off with COVIDI can’t see prices dropping with the current level of demand. Spoke to a dealer rep yesterday and sales are very high with machinery delivery times long. Kramer loader for instance is next October delivery and the combine build slots for next harvest use are nearly all gone.. I would guess the three week strike at the JD factories in America is going to have an impact too in due course.
Yes but what is a new one 110K
Apparently 3k more than they paid for it
That is a surprise I would have thought more than thatAbout 85k
Some seem to forget there brains when they go to these sales, 2 people went there to buy that and both really wanted it. A dealer would of been no more expensive. I suppose it would of been genuine which is worth a few quid.Farm sale last week 2yr old jcb 320s made £79k
New tractors have gone up €5-10 k so the second hands will move up accordinglyI looked a s/h tractor in March priced at £16500, which sold before I had time to view, its now back for sale as the new owner upgraded to have one with a loader, its now back on the the market at £19250!!!
I know someone who was told a jcb was north of 100k ended Up at 90kKnow someone who demonstrated a 420 and they said that was 105k
Heard the other day that a known brand of silage trailer had gone up around £5k since earlier in the year.
14 tonne on 560/60’s and air brakes is now £25k