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| That is your opinion. Fortunately, however, resale value is not established by one or two sales here or there. It is a broadly sweeping market trend with many variables. How was the auction, well attended or was it a foul day? Where was it? Auctioning farm tractors in New York City would probably bring their value down a bit - being in a strong market area helps. How many hours on the tractors? What was the former owners' reputation? What were the circumstances of the auction? What did the tractors look like? What condition were the track belts in? All of these things and more affect an individual piece's resale considerably, but as a general rule and trend, the Cats have better resale in tracks whereas JD does better on wheels. You're also talking about some older tractors as well, unless they were C or D or E models. Original 65/75 model tractors are far more than 8 years old. There's more to this story. | |
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