Question: How Do I Know How Much To Pay For A Tractor?

How much should I pay for tractor work?

You can figure about 2 gallons/hour for fuel and $5.00/hour ($75.00/month) for maintenance and insurance. So, your cost to run the tractor, 15 hours per month in business, is about, $37.78/hour quickly throwing some numbers down. Now add to this $20.00/hour labor (or more) = $57.78 per hour cost.

How much should I pay for a used tractor?

Used Tractor Average Costs Gently used compact and small tractors with up to 40 hp sell for anywhere from $6,000 to $15,000. A three-year-old agricultural tractor with 50 to 75 hp would likely sell for $20,000 to $35,000. A gently used agricultural tractor with 95 to 120 hp would sell for $50,000 to $75,000.

How much does a tractor costs?

Typical Costs For New Tractors A standard tractor can sell for under $9,000, while the more powerful farming tractors selling for $75,000. Here are some averages to keep in mind: Mid-size farm tractors with 25hp – 80hp are generally priced from $22,700 to $49,000.

Is there a blue book for tractors?

Honestly, there is no blue book in the tractor industry. They always value a tractor to high or to low. The best thing for getting a close figure on a tractor’s value is by going to farm machinery auctions.

What to look for in buying a used tractor?

Here are his pointers to follow when inspecting a used tractor.

• Fire or flood damage. Machine will likely be repainted.
• Wear and tear. Cab and tire wear should coincide with tractor hours.
• Tire kicking.
• Steering.
• Look for leaks.
• Battery.
• Inspect the engine.
• Take out the dipstick.

How much does it cost to run a tractor per hour?

Due to the fuel price increase, fuel costs for the 310 horsepower tractor increased from $33.60 per hour in 2017 to $37.30 per hour in 2019 (see Table 1). Labor costs per hour were increased from $19.80 per hour in 2017 to $20.90 per hour in 2019 (see Table 1).

What is the going rate for bush hogging?

For legit bush hogging jobs I usually charge around $100 an acre. For that much acreage I’d give a discount and be around $75-$80 an acre. You are definitely low-balling yourself.

How often does a tractor need to be serviced?

Manufacturers typically recommend servicing the engine every 100 hours and the transmission every 300 hours. Your equipment dealer will work this service into your tractor’s regular maintenance check schedule.

What is the best tractor for the money?

5 of the Best Compact Tractor Choices

• John Deere 4066M Heavy Duty.
• Compact Farmall 45C CVT.
• Kubota L2501.
• Massey Ferguson 1740E.
• New Holland Boomer 55 Cab (T4B)
• 5 of the Best Sub Compact Tractors.
• 5 of the Best Compact Tractor Choices.
• 2017 Subcompact Tractor Comparison – Part 2.

What is the cheapest tractor brand?

Let’s have a look at the top 5 most affordable sub-compact tractors out there on the market.

• Yanmar SA221 (about $14,988)
• Kioti CK2510 (about $15,610)
• Massey Ferguson GC1700 (about $16,000)
• Steiner 450DX (about $18,758)
• LS Tractor MT225E (about $19,000)

Is buying a new tractor worth it?

If you’re in need of a tractor and you don’t have a months to hunt down that perfect deal, or if you value a warranty and want to take advantage of promotional rate financing, a new tractor is probably going to be your best bet.

How much does a smart tractor cost?

Monarch tractors are being assembled in Livermore, California. The base price is $50,000.

How long does a tractor last?

Treated right, a quality tractor, can easily last 20-30 years or longer. Now keep in mind that hour-meter hours are how long the tractor has been used. If you only use the machine a few hours a week, it may, with proper care, still be running far longer than 30 years.

How much does a small tractor cost?

Compact Tractors cost anywhere between $9,000 – $11,000. Mid range capacity tractors with 30 to 75 hp usually cost anywhere from $25,000 to $50,000. Large size tractors with about 100 hp, 4-wheel drive could cost anywhere between $50,000 to $75,000.