Antique Tractor Investing
The Stock Market and the economy might be down but there is one sector that is going High! That sector is Antique Tractors. It really is incredible how fast collectible antique tractors have gained in value over the years and today more than ever.
It turns out a lot of people are sinking their money into antique tractors and turning out a tidy profit. Heck European investors and collectors are coming to the USA buying rare antique big farm tractors and shipping them back to Europe to age some more.
As a result they are getting scarce which is driving the prices higher. How High? 50k, 100k, 250k and more. For Europeans it's a double scoop because the exchange rate lets them spend $60,000 to get $100,000 worth of tractors in the US. Find one of the first Diesel tractors (Oliver) from the early 1900's and you could have a gold mine.
Go to a local Tractor Auction in Iowa, Oklahoma, or Texas and you will find lined up John Deere, Case, Oliver, Ford, Silver King and others. Some are restored and shiny others need some TLC. Many started right up.
Buyers come in there overalls and cowboy hats who these days are joined by deep pocket suits like doctors, lawyers, and bankers. The Old World Tractor collecting has turned into a high-stakes investment market. Big Old Tractors are first to go. The bigger they are the faster they get shipped to Europe.
Foreign investors are creating scarcity. Antique Tractor Enthusiasts who have been at it for 20-30 years are very happy for the increased traffic buying old farm tractors. Their bottom line is going up. Tractor Restorers are reporting brisk sales and business.
Here's the question: How can the you, not living near areas where there are tractor auctions, participate in this great investment vehicle? That's easy! Go to the link below where you can find the best Used Tractor For Sale auctions listed by state. Check them out yourself.