Where can I find original new sales prices of used zero turns and tractors?

[Mikek13]

Morning folks..

Im back at the search for a 60" ZT stander for my bumpy 1.2 acre lot, but now that I actually live there, I really need something better than my old LT1000..

Ive been given a few tips on how to value a used ZT, but the methods requires knowing the sales price.

Where can I find a estimate of a past sales price?

And if anyone's interested in the two methods I learned on another forum, "take it's new price, subtract $5.50 for every hour on the meter, and that will give you a ball park".
And, "a mower has 2000 useful hours prior to major mechanical issues. Keeping in mind that a new mower includes a warranty I use the following formula for used mowers. 500hrs 60-65% new cost, 1000hrs 40-45% new cost, 1500hrs 20% new cost."

For example, 720 hours are 36% of the 2000 useful hours. It has 64% of its life remaining… To me the value percentage on used it equipment is 10-15% lower than its remaining life since warranties don’t transfer"

I'm not sure why he didn't just drop his initial % by 10-15% because "warranties don’t transfer", but that's what Im using now.. The first method probably is low and needs the $5.50 raised to $6.00..

Thanks!

 

[cptbarkey]

TractorData.com - information on all makes and models of tractors

www.tractordata.com

 

[jeepman3071]

You can pretty much forget about using those equations to estimate the value of a used zero turn.

For another piece of equipment, maybe, but used zero turn mowers are 100% dependent on the market for them in your area as well as their condition. Around here, even if a mower has higher hours but is a sought after brand and model (Exmark Lazer Z, Turf Tracer, Scag Turf Tiger or V-Ride), if it is in decent overall condition someone will buy it within a day or two due to the demand and high price of new mowers.

There are also many variables as far as how they hold their value. If it was a problematic model, it might not be worth as much (might think you are getting a deal) or if it was known for durability the high hour machines might still be expensive. Service history can also be a huge unknown, and hour meters unlike odometers are pretty easy to swap.

I buy and sell lots of zero turn mowers, and usually go off of the market value for that particular model by seeing listings for them on Marketplace and Craigslist, as well as the overall condition of the machine and if it appears to be maintained. Your best bet is to research models you are interested in so you have an idea of what to look for on a used one. That way you will know right away when you see it based on its condition whether it is worth the asking price.

I've seen 400-500 hour zero turns that were clapped out and basically scrap due to never being maintained and just run into the ground by landscapers, and 2000+ hour machines maintained by public works departments that ran like brand new and have now been in use by residential owners for a few years now. Condition and service history is everything.

 

[Mikek13]

You can pretty much forget about using those equations to estimate the value of a used zero turn.

Im just going by what lawn care business owners are telling me, and basing what something is worth by what others are asking is never wise.

Im limited because I want a big stander and my dealers are JD and toro so either a wright or grandstander maybe..

 

[fantastic]

I was just wanting to comment on the 2000 hour statement that I see floating around on forums. That is not a good method & I've seen a lot more make it to 1000 hours instead. Not just the engine but the transaxle that has a designed lifespan & if you want to base 2000 hours of "useful" life you'd better be buying a very high quality ZT that has been known to last many hours. I agree w/the others & Tractordata, like cptbarkey linked, has msrp's listed as a starting point.

 

[jeepman3071]

Im just going by what lawn care business owners are telling me, and basing what something is worth by what others are asking isn't is never wise.

Im limited because I want a big stander and my dealers are JD and toro so either a wright or grandstander maybe..

If you are getting your info from the forum I'm thinking of, that info can be questionable. I maintain commercial mowers for a few lawn care businesses. They really know their business, but equipment is not their specialty. Most barely know what oil their mower takes, and bring their machines to the dealer for any and all service until it is out of warranty and then trade it in.

Obviously basing value off what people are asking isn't wise, but it gives you a ballpark idea of what the market value is for the machine if there are a lot of them for the same price. Both the Wright and the Grandstand are great mowers, but the value of them can vary widely based on condition, engine and deck size options, etc. I would zero in on the specific models you are looking for, then research their values for your area with the engine options you want.

An example would be in my area, an Exmark Lazer Z with a Kawasaki is worth more than the Kohler. Everything else being the same, simply because the guys in my area prefer the Kawasaki, even though the Kohler Command is still a great option. I'll sell 2 or 3 Kawasaki powered mowers for 1 Kohler.

 

[Mikek13]

What's your method of determining a value then?

The guys over there told me this 2021 Exmark staris 60" was worth 5k.. And the last three mowers I tried to find msrp were not on https://www.tractordata.com/lawn-tractors/index.html

 

[97prizm]

Morning folks..

Im back at the search for a 60" ZT stander for my bumpy 1.2 acre lot, but now that I actually live there, I really need something better than my old LT1000..

Ive been given a few tips on how to value a used ZT, but the methods requires knowing the sales price.

Where can I find a estimate of a past sales price?

And if anyone's interested in the two methods I learned on another forum, "take it's new price, subtract $5.50 for every hour on the meter, and that will give you a ball park".
And, "a mower has 2000 useful hours prior to major mechanical issues. Keeping in mind that a new mower includes a warranty I use the following formula for used mowers. 500hrs 60-65% new cost, 1000hrs 40-45% new cost, 1500hrs 20% new cost."

For example, 720 hours are 36% of the 2000 useful hours. It has 64% of its life remaining… To me the value percentage on used it equipment is 10-15% lower than its remaining life since warranties don’t transfer"

I'm not sure why he didn't just drop his initial % by 10-15% because "warranties don’t transfer", but that's what Im using now.. The first method probably is low and needs the $5.50 raised to $6.00..

Thanks!

What about bad boy mowers or ventrac mowers?