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The recent e-mails sent to Snotrocket by the owner of the "$7000.00 tractor on e-Bay" prompted me to start this thread.

When I was a long-time member of the Yahoo Case, Colt and Ingersoll forum there were always members who asked questions about value. I don't know of a single forum where such questions are not asked. The question at issue is this one.

"If you are thinking about buying a used car or truck, how do you go about determining what you should pay for one?"

To those who are not happy about seeing e-Bay, Craigslist, Kijiji or other such ads being openly discussed on this forum, then please tell me the answer to the above question. The Seller of the subject tractor is quite belligerent in his responses. According to him "It is none of any of your concerns what I ask for or get from this tractor." I agree with that statement. In truth, I'm not concerned because I don't know him. Therefore, how well or how poorly he makes out really doesn't matter to me at all. However, the Seller seems to overlook the fact that he posted his tractor for sale in a very public place. There is no reasonable expectation of privacy when you do that.

To me a forum is supposed to be providing help to its members and also to disseminate information that is as accurate as possible. How else are members going to learn anything? As a member of the Yahoo forum, I took quite a bit of flack from one member over this issue, mainly because I felt that some of the items that person had for sale were quite overpriced. Even though I said that, in reality it was nothing more than my opinion. Someone once said "Opinions are like assholes….everybody has one." As it happens, I have both. The Seller believes that the former makes me the latter.

Opinions about value are just ONE piece of a thing called "due diligence" when you are thinking about buying a piece of used equipment. Joining e-Bay and putting items of interest to you on your "Watch List" also helps you determine value. However, you will often see things sell for a very high price one week and then the next week, the same item may sell for less than half. In other words, just because two guys drove the bidding on an item to an unprecedented high point, does not mean that's the new value. All it means is that particular item sold for that amount on that day because those two guys wanted it that bad.

Another way to determine value is to visit local dealers to see if they have anything comparable in their inventory. This may be an exercise in futility if you are trying to buy a twenty to forty-year old GT because most dealers don't even want to take such items in on trade. Values will be affected by local demand for a particular brand. In some areas of the country, an old John Deere GT will bring big money but a Case GT will have a hard time finding a buyer at any price. If someone decides that this forum is here to rip Sellers apart over their ads, then that's incorrect. I call them as I see them. If I believe that the item is priced in accordance with what I've seen similar items sell for on e-Bay, then I say that.

If I see something that is priced well below the average e-Bay price, then I also say that. I try to be as balanced and fair as possible in my assessments. Others are free to agree or disagree as they see fit because this is a DISCUSSION site. If we don't discuss things, then what's the point of the site?

Whether you like it or you don't, forums seem to be the very best way to separate the good deals from the not so good deals. Again, if someone has a better method, then please speak up.
 

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I sympathize totally with someone who is captured by a cell phone camera while in an unfortunate situation not of their making. On the other hand, if your offering for sale is willingly entered on the net for the world to look at and discuss, and you don't like the comments, then maybe you should "STAY OUT OF THE KITCHEN".

This site seems to be one of very few to allow totally honest and straightforward discussion. I think it would be a bad move to change this because a few cannot stand the heat.

My opinion, George
 

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Hydriv said:
Someone once said "Opinions are like assholes….everybody has one." As it happens, I have both. The Seller believes that the former makes me the latter.
LOL, a Hydriv (with no E) classic. :clap: :clap: :clap:

No wonder I keep my internet dial tuned to WTOM
 

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I normally don't get into these 'opinion' discussions but this one touched a nerve.

When I want to determine value of a used item I look at recent sales info, Ebay, live auctions, Criagslist posting and , most important, I ask experts and friends.

Those last sources include my acquaintances, on this and other forums.

Where else can you get a broad range of opinions on which to base decisions from folks 'in the know' and free?
 

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Tom and I were discussing the listing in question earlier on the phone and what it comes down to is the seller thinks their time is worth a large portion of the asking price.

The fact is it just isn't so. You're usually lucky to recoup your investment on the parts bought in a tractor restoration and should never go into it thinking you're going to break even.



Personally I love the CL and Ebay discussions.
 

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The seller should be happy about all of the discussion surrounding his tractor. I believe that there is an old saying that goes something like "there is no such thing as bad press". This guy has the attention of a few hundred Case/Colt/Ingersoll owners, collectors, users, abusers, fabricators, etc. How is that a bad thing?

I have been to look at many tractors for sale in the last 6 months and most of the owners think that their tractor is a valuable collectable. NOT because they know anything about the tractor that they are selling, but because they have done FORUM, EBAY and CRAIGSLIST searches and see other people talking about values and collectability. Almost every seller that I encounter has told me that his tractor is special and a lot of people love these things on the internet.

Without us, this guy's tractor gets less exposure. That is the only bad that I see.
 

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I once read a post on another forum which one member suggested to another member that if he intended to

make money on his Restoration Project, He had best choose something other than a GT to Restore. :trink:

Stewart
 

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There is absolutely no expectation of privacy regarding something posted for sale in a public - very public - format. If you are going to lay open your wares for sale, be prepared to accept accolades or criticism, whichever each individual thinks you are due. If you think your tractor is worth $10,000, and nobody else thinks it is, be happy with your $10,000 tractor. Cuz you still own it :wtf:
 

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The worst thing about eBay sales is that you get exactly what two people think that your item is worth at that moment. If someone is not watching that thinks it might be worth more then you might not get the correct value.
I prefer Clist as you can wait for the person that agrees with your assessment of the value to come along.
I've got an anvil for sale and finally took the price off and just asked for best offers because it got old having people yell at me and tell me how crazy I was over what I want for it. They just don't understand I've got no problem waiting for the right guy or keeping it.
That was a good write up Tom.
 

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cp7 said:
The worst thing about eBay sales is that you get exactly what two people think that your item is worth at that moment. If someone is not watching that thinks it might be worth more then you might not get the correct value.
Regarding ebay sales, I saw this once and thought it was great:
"You paid more than anyone else would for something somebody didn't want. How can you say you won?" :grin:

Tom, I read that when you first put it up this afternoon, and after thinking about it on and off all day - there's nothing I can add. You nailed it. :thumbsup:
 
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