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1650 Industrial Backhoe - Value?

The Oliver Gang Message and Discussion Board » All Things Oliver Archives: Jan 1 2005 thru Dec 31, 2005 » 1650 Industrial Backhoe - Value? « Previous Next »

Author Message
 

Mike Fraley
Posted on Friday, May 27, 2005 - 2:51 pm:   

I've got a 1969 Oliver-White 1650 backhoe/loader,6 cyl. diesel, 4 wheel drive with a full cab. It's a little rusty, has a few leaks here and there, but it starts on the first crank and runs clean and strong. This is a BIG backhoe... digs like a beast! I bought it a year ago for $10k and used it for 15 hours or so. (I've been told I was ripped off... but I couldn't find a 4X4 hoe any cheaper!) I know nothing about these things.... any help on the approx. value would be appreciated. Pics of the machine can be seen here,
http://www.machinerytrader.com/listings/forsale/detail.asp?OHID=3335998&guid=D26 C00BD940042F5AA43700860118E97
posted by the person I bought it off of... don't know why they're still there.... don't call him... he doesn't have it anymore!

Thanks, Mike
mike@theautoexpo.com
 

Chris Losey (Admin)
Posted on Saturday, May 28, 2005 - 9:18 am:   

It seems a little high priced, but if you can't find anything for less, then that is what they are worth I guess. It does look to be in decent shape, and if you were to buy a 1650 ag tractor, put a loader on it, and get a back hoe for the three point hitch, I'd bet you'd have more than $10K into it, and still not have the 4WD.

Take care of it and I bet you'll be able to get you money back out of it if you ever decide to sell it.
 

Ian C. Campbell (Ianc)
Posted on Saturday, May 28, 2005 - 11:24 am:   

Looking at the pictures you've got the 15' dig backhoe. The swing is a hydra-motor, the 17' hoe used two cylinders. Resist all temptation to use the swing to backfill. We had a customer who blew his hydra motor doing it and parts were almost non-exsistant then (mid 80's).
 

Mike Fraley
Posted on Saturday, May 28, 2005 - 2:36 pm:   

I guess I should have mentioned that it's for sale now.... so if ya' know anyone looking.....
I'm in northern West Virginia, by the way.

Thanks,
Mike
 

Chris Losey (Admin)
Posted on Saturday, May 28, 2005 - 6:52 pm:   

Well, now that you put it that way...... you've now depreciated it out. Can't be worth much any more.

Seriously though, I'm guessing you're wanting about $10k for it? Where are you located?
 

Mike Fraley
Posted on Sunday, May 29, 2005 - 8:37 am:   

Yes... I'm asking $10k. We're near Morgantown, West Virginia. About an hour and a half south of Pittsburgh. I just started advertising it, and I'm not in a big hurry to sell, so I'd thought I'd give it a couple weeks at 10 and see what kind of response I got.

Thanks,
Mike

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