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MAGNUM Advice, Revisited


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#1 Redpower1456

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Posted 28 February 2005 - 12:57 PM

Well, a week or so ago I talked of an auction that I was to attend where I planned to bid on a nice 7120 MAGNUM 2WD. As some of you may recall, I preset my bidding limit at $29,000.00, so I wouldn't be tempted to go crazy on the bidding.

WHAT A JOKE. I didn't stand a chance. The dam thing sold for $37,750.00!

I thought this was ridiculous.

I guess the owner is happy with that.

For any one looking for nice clean used tractors, at a sane price... I just don't know.... I think I'm going to give up for now. I'll just keep using what I already have- a perfectly fine 1456 and perfectly fine 1086.

UNBELIEVABLE!

Tractors owned: 1970 IH 1456, Serial # 11314, 1976 IH 1466 Black Stripe, Serial # 30313


#2 IH986

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Posted 28 February 2005 - 01:04 PM

I've heard those Magnums hold their value but wow. Good thing you've got 2 other running tractors and weren't needing that 7120 right away.
IH986
'51 M with a 31-V Tractor Mower and 3 bottom Little Genius plow, '80 986, '81 682
Proud owner of a '95 F-250 w/ 7.3 Powerstroke and a '90 GMC Sierra 2500 w/ 454, there's no replacement for displacement.
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#3 Farmall Power

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Posted 28 February 2005 - 02:31 PM

Don't give up you will find one for your price, that magnum had low hours on it so i think that was a big factor in brigning what it did.

Jeremy
I own, 1957 A100 Golden anniversary, 1967 1100, 1972 1110, 1973 1210 IH pickups
10, f-12's, 2 F-14's, F-20nt, W-12. W-6, M, A, 600d sn: 2012,plus #2 little wonder plow and several little genius plow. NO:9 mower on rubber.
Farm with 7140 MFD, 3688, F826D and what ever else is on the lot or handy.

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#4 boog

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Posted 28 February 2005 - 03:03 PM

Not trying to start a fight but I feel one of the reasons that the Magnum tractors are holding their value so well is because so many are disappointed in the MXs. I know if we were to buy another CIH it would be a Magnum, one MX was enough!

IH tractors currently owned: '49 M, '53 stage 1 L-SM,  '53 stage 2 L-SM,  '54 SMTA, '66 806D w 2355 loader, co-own a '66 1206 with IHboog, store a '66 706 German for IHboog. IH / CIH equipmemt - '11 MX 275, '10 STX 435, '03 MX255, '12 7120 combine w/ 40' 2162 draper & 3208 ch,  '07 3310 sprayer,  '12 1250 16x30" planter, 34' 330 True Tandem , 18' 870 , 7x16" 720 on-land plow, 6x18" 720 in-furrow plow, , #60 4X16" Plow, #1300 3 pt 9' sickle bar mower


#5 Putt-Putt Operator

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Posted 28 February 2005 - 03:59 PM

Boog - you know what they say about everything in a sentence before the word "but"...

#6 MOChad

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Posted 28 February 2005 - 05:33 PM

Not trying to start a fight but I feel one of the reasons that the Magnum tractors are holding their value so well is because so many are disappointed in the MXs.  I know if we were to buy another CIH it would be a Magnum, one MX was enough!

<{POST_SNAPBACK}>

I'd agree with you Boog, but prices on the MX's are holding up pretty good too. Compare them to the 8000 series Deeres hour for hour and year for year. :D

Chads
Present CaseIH 7140, 7120, 5240, 5140, IH 5488, IH 1466, 966. 1480

Family IH's past M, 400x2, 450, 460x2, 706G, 856, 1256, 966, 1086, 895CIH


Too bad Ignorance isn't painful!

#7 boog

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Posted 28 February 2005 - 05:43 PM

I'd agree with you Boog, but prices on the MX's are holding up pretty good too.  Compare them to the 8000 series Deeres hour for hour and year for year. :D

Chads

<{POST_SNAPBACK}>


yep, in this area the Deeres bring quite a bit more money size per size :D

8xxx vs MX

IH tractors currently owned: '49 M, '53 stage 1 L-SM,  '53 stage 2 L-SM,  '54 SMTA, '66 806D w 2355 loader, co-own a '66 1206 with IHboog, store a '66 706 German for IHboog. IH / CIH equipmemt - '11 MX 275, '10 STX 435, '03 MX255, '12 7120 combine w/ 40' 2162 draper & 3208 ch,  '07 3310 sprayer,  '12 1250 16x30" planter, 34' 330 True Tandem , 18' 870 , 7x16" 720 on-land plow, 6x18" 720 in-furrow plow, , #60 4X16" Plow, #1300 3 pt 9' sickle bar mower


#8 MOChad

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Posted 28 February 2005 - 06:07 PM

I'd agree with you Boog, but prices on the MX's are holding up pretty good too.  Compare them to the 8000 series Deeres hour for hour and year for year. :D

Chads

<{POST_SNAPBACK}>


yep, in this area the Deeres bring quite a bit more money size per size :D

8xxx vs MX

<{POST_SNAPBACK}>



I'll not argue, well, not right now, because there aren't hardly any used MX's around here to buy. They didn't stay on the dealers lots long this fall. However, you can't deny that the older Magnums are more than holding their own against any make.

Chads
Present CaseIH 7140, 7120, 5240, 5140, IH 5488, IH 1466, 966. 1480

Family IH's past M, 400x2, 450, 460x2, 706G, 856, 1256, 966, 1086, 895CIH


Too bad Ignorance isn't painful!

#9 MOChad

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Posted 28 February 2005 - 06:10 PM

I'd agree with you Boog, but prices on the MX's are holding up pretty good too.  Compare them to the 8000 series Deeres hour for hour and year for year. :D

Chads

<{POST_SNAPBACK}>


yep, in this area the Deeres bring quite a bit more money size per size :D

8xxx vs MX

<{POST_SNAPBACK}>



I'll not argue, well, not right now, because there aren't hardly any used MX's around here to buy. They didn't stay on the dealers lots long this fall. However, you can't deny that the older Magnums are more than holding their own against any make.

Chads
Present CaseIH 7140, 7120, 5240, 5140, IH 5488, IH 1466, 966. 1480

Family IH's past M, 400x2, 450, 460x2, 706G, 856, 1256, 966, 1086, 895CIH


Too bad Ignorance isn't painful!

#10 MOChad

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Posted 28 February 2005 - 06:24 PM

O.K. Now I'll argue :D

Did a quick fastline search on 01 MX240's and 8310's.

MX240's regardless of hours 80,000 to 89,500, there was a full page of examples.

01 JD 8310, regardless of hours 83,500-89,000 3 examples

I'd say the resale on the MX's has held up pretty well. <_<


Chads
Present CaseIH 7140, 7120, 5240, 5140, IH 5488, IH 1466, 966. 1480

Family IH's past M, 400x2, 450, 460x2, 706G, 856, 1256, 966, 1086, 895CIH


Too bad Ignorance isn't painful!



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