Fall Auctions are an Antique Tractor Buyers Paradise
It is not uncommon to see a large number of “antique tractors” (over thirty years-old) show up at farm equipment auctions this time of year, and this year is no exception. If fact during the past thirty days they have outnumbered the newer models.
Many of the antique tractors sold at auctions during the last thirty days have been reconditioned and are selling for premium dollars. While those in original condition are bringing $500 to $1,000, the reconditioned ones are selling for $10,000 - $20,000 in many instances. Since it is not cheap to restore an antique tractor the auction has proven to be an excellent way to cash in on your “sweat equity” if you wish to sell a tractor that you have reconditioned. When an auction bill announces reconditioned antique tractors many buyers find this an attractive way to own an antique tractor and pre-determine what they will have in the finished tractor, since they have the option to stop bidding when they reach their limit. Others find it more of a challenge to start with a tractor in its original state and do their own reconditioning, either way, auctions have a way of attracting buyers for the antique tractors.