Posted by Donna on March 27, 2001 at 17:29:09:
My dad recently passed away. We are attempting to set fair market values on some of the farm equipment that he owned. If anyone could please give me an idea of what would be a FMV for the items listed below, please respond.
A. l978 Massey Ferguson 245 Diesel Tractor. Probably in Low Fair to Poor condition. Some mechanical work is needed on fueling system.
B. Brush hog for this tractor (Fair to Poor condition)
Still usable but is probably l5 years old.
C. Disc for the tractor (Fair to Poor condition)Still usable but is probably l5 years old.
Any idea of the values of these items that anyone can give to me will be greatly appreciated.
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