whats with used mower prices

Discussion in 'Lawn Mowing' started by Jimslawncareservice, Oct 20, 2011.

  1. Jimslawncareservice

    Jimslawncareservice LawnSite Platinum Member
    from mn
    Posts: 4,133

    Been looking for a ztr with or with a bagger for clean ups. All the mowers are almost as much as they were new. Most have 500-1500 hours on them are several years old. I think I would be better off putting money down on a new one then finance 1/4 of it.
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  2. mowerman90

    mowerman90 LawnSite Bronze Member
    Posts: 1,490

    You're probably right, especially this time of year. Dealers will want to clear their inventories.
     
  3. Patriot Services

    Patriot Services LawnSite Fanatic
    Posts: 12,532

    Used prices won't drop until season is over and guys start getting hungry.
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  4. StihlMechanic

    StihlMechanic LawnSite Bronze Member
    Posts: 1,133

    Best time to buy used is the off season. Best time to sell is pre-season to seasons start. Right now dealers may have inventory they are paying interest on in their floor plan so now is the time to buy. Interest rates are pretty darn good right now, too.
     
  5. douglee25

    douglee25 LawnSite Senior Member
    from PA
    Posts: 298

    Sheffield financing is one company who specializes in landscape equipment financing.

    http://www.sheffieldfinancial.com/

    Click there and then go to the customer section link on the right. At the top there is a link to apply.

    Right now they have 0% for 3 years and 3.75% for 5 years. You can't beat that with a stick.

    Doug
     
  6. Jimslawncareservice

    Jimslawncareservice LawnSite Platinum Member
    from mn
    Posts: 4,133

    Ge has a similar program. Sheffield won't finance me. Dunno why. I apply at Ge same day as a denial as Sheffield and get approved for 20k-30k. Had one paid it off then re applied years later. If Sheffield would have approved me earlier this spring I would have 2 scags.
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  7. Turf Dawg

    Turf Dawg LawnSite Gold Member
    Posts: 3,720

    They seem to be selling pretty cheap around me. I have been trying to sell my Walker for what I think is a pretty darn good price. I know a person on here is trying to sell his Wright 36 RH for 4200 and I'm pretty sure the paint is not wore off the blades yet. Another guy in Dallas is trying to sell two 2010 Toro Grandstand 36's with under 200 hours on them for 4000 each or 3700 each if you buy both. I would love to sell my Walker and buy the Wright.
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  8. Jimslawncareservice

    Jimslawncareservice LawnSite Platinum Member
    from mn
    Posts: 4,133

    Yeah but your from Texas, isn't that a major drought area? That's probably why they so cheap.
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  9. Turf Dawg

    Turf Dawg LawnSite Gold Member
    Posts: 3,720

    Yes, that has a whole lot to do with it. Most in the biz are either going belly up or so far down for the year (like myself) they cannot afford the tip on a free lunch. And who needs a mower when there is nothing to mow all year.
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  10. Ridin' Green

    Ridin' Green LawnSite Fanatic
    Male, from Michigan
    Posts: 13,290

    I'm with you Jim.

    I watch CL a lot, and I constantly see mowers, both ZTR's and WB's that are 7-10 years old with 1000 hours and up listed for at least 75% of what they were new back when new. I have no way of knowing if they sell for their listed prices for sure, but the fact that they are listing that way so often, and then the listing disappears rather quickly tells me they must be selling, or else they'd keep getting re-listed at reduced prices.
     

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