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terex pt50 valuation

Discussion in 'Heavy Equipment & Pavement' started by italianstallion69, Jul 13, 2013.

  1. italianstallion69

    italianstallion69 LawnSite Member
    Posts: 108

    renting a pt50 terex skid steer

    550 hours. unknown year. tracks have some "holes" where the rib part is ripped off. runs well very very fast. no cab no ac no heat. 2speed travel.

    whats a fair value on buying this? around 30? under 30? the lower the better im cheap!

    i saw one on machinery trader with 45 hours for 34,900 so im thinking sub 30...

    Thanks
     
  2. Digdeep

    Digdeep LawnSite Bronze Member
    Posts: 1,840

    I've owned a RC50 for quite some time now and I've been very happy with its performance although I wish it had more operating capacity like the newer PT50 you're renting.

    I think that Machinery Trader should be a good barometer for determining a good price to offer. Factor in some additional value if you get some warranty.
     
  3. swanny

    swanny LawnSite Senior Member
    Posts: 656

    I'd respectfully disagree about Machinery Trader. Asking price is so different than selling price. Look at Iron Planet and Ritchie Bros. for numbers on what stuff is actually selling for.

    I recently saw a Terex PT60, maybe 2011 or 12 from a rental dealer in NC asking $25k with air/heat/400 hrs. or so. Didn't look beat up either.
     
  4. Digdeep

    Digdeep LawnSite Bronze Member
    Posts: 1,840

    Good point. But it is also important to remember that both Ritchie and Iron Planet are unreserved auctions and their prices will be different than those from a private seller just like autos in the paper vs. those sold at auctions. Many sellers on Machinery Trader are equipment dealers and the machines may come with some sort of warranty. Most auctions are "as is".
     
  5. swanny

    swanny LawnSite Senior Member
    Posts: 656

    Yeah, but what about Iron Planet's Iron Clad Guarantee? :hammerhead:

    It's hard to keep track of what private parties actually sell for, not what they list it for.

    Shopping and buying from Machinery Trader is mostly a forum for people who haven't done their homework, imo. I admit I've seen a few pieces priced in-line with what I've seen sold, but there are a lot of factors, as you mention, that will affect final sale price.
     
  6. italianstallion69

    italianstallion69 LawnSite Member
    Posts: 108

    ill look on IP pricing, the dealer is giving me a price on the pt50 with a rockhound attachment monday. has some 6 month lease to own program that sounds cash friendly.

    pt80 is a little too huge! was fun to play with for 5 mins before my operator got there. weird gas pedal and no pull down safety bar!

    Terex on hills, no problem!

    [​IMG]
     
  7. swanny

    swanny LawnSite Senior Member
    Posts: 656

    Interestingly, IP is now selling on Ebay.
     
  8. italianstallion69

    italianstallion69 LawnSite Member
    Posts: 108

    i bought the pt50 with the 67 inch rockaway rockhound thing for a price i could live with
     

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