Hey Pete, tanks for the prices
Fuel on the brain.
Hard not to think about fuel, and more specifically, fuel prices these days. Pain at the pump is no fun. I just posted a note this week on our Web site's homepage wondering if more folks in the market to buy a tractor will be shifting their sites from older, less fuel efficient models to newer, more fuel efficient models?
The older model tractors in good condition have been selling extremely well at auction for the past couple years, as I've documented in this space time and again. A big part of the reasoning behind paying higher dollars for the nice older models, and by older I'm talking 10 to 20 years old, has been the comparative very high price of new model tractors. Yikes, they can be expensive.
But on the other hand, it sure can get expensive to continually fill up the older, less fuel efficient model, can't it?
So it will be interesting to see if buyer habits shift here in the second half of 2006 and move more toward buying new.
As long as we're on the subject of fuel, I thought it would be fun to bring you some of our sale price data on fuel-related items sold at auction. What would those be you ask?
Click on the links below to download a PDF of auction sale price data we've compiled on 500 and 1,000 gallon tanks. Yep, we do actually report on this category of equipment. Basically, if it sells at auction, we've got a category for it in our database of sale prices.
Besides, when you're looking to buy or sell a tank, whether it's a 500 gallon fuel tank or a 1,000 gallon nurse tank, you need to know what the heck they're worth, right? Right. The tanks in our data below aren't split out by fuel tanks vs. nurse tanks, etc. They're all lumped together. Just pay attention to the far righthand specifications column where it will tell you what type of tank it was.
Click here to download a PDF with expanded auction price data on 500 gallon fuel tanks.
Click here to download a PDF with expanded auction price data on 1,000 gallon fuel tanks.
Fuel on the brain.