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Blue Book For Trucks, Tractors
Knowing what used tractors, trucks and other farm implements are worth could help you bargain more effectively when buying or selling.
FARM SHOW has made arrangements to make "Blue Books" which many dealers and lending agencies regularly use available to all interested readers. Two separate books, both published by National Market Reports, Chicago, are available:
Tractor and Implement Blue Book: It sells for $17.50 and lists going rates for current models and for used tractors, combines, cotton pickers, forage harvesters, corn planters and other equipment up to 10 years old. For tractors, it lists average retail value, average "as is" value and average finance value. It also lists model description and work capacity, Nebraska Tractor test results, power ratings, weight and serial number. Identifying serial numbers for tractors and other equipment are divided into two groups those manufactured from 1955 to 1966, and those from 1966 to the present. These lists are further broken down by manufacturers and type of equipment.
Truck Blue Book: Published twice a year at $22 for both editions, it gives valuations on new and used trucks manufactured the past seven years. It lists model specifications, factory price, and current finance and retail values.
J. F. Heffinger, publisher, notes that, in addition to providing price guidelines for buying and selling, the Blue Books can be used to figure depreciation values of used equipment for tax purposes. He explains pricing guidelines listed in the Blue Books as follows:
Average retail value: These prices reflect a fair average resale appraisal for reconditioned machines, based on a comprehensive market analysis.
Average "as is" value: These figures represent the average value of tractors and farm machines in usable ''as is'' condition prevailing throughout the country. They are
widely used by dealers in arriving at a fair trade-in allowance, and by assessors for tax purposes.
Average finance value: These prices provide a realistic valuation for financing by banks and insurance companies. They are also used as a guide by professional buyers in making "spot cash" deals, says Heffinger.
For more details, contact: FARM SHOW Followup, National Market Reports, J. F. Heffinger, Publisher, 900 S. Wabash, Chicago, Ill. (ph. 312 427-3464).


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1977 - Volume #1, Issue #1