Looks like CN is getting rid of lots of its surplus power. A document buried in thier web site lists many, many older units for sale. This list includes lots of first generation EMD and Alco units, but also has 44 of their 1987 built SD50 units AND EJ&E number 650, an SD38 in “J” orange:
“Hey, honey! Guess what? I bought a locomotive! Yes, there’s room in the cab for a cot…”
Reminds me of the story as reported in the Readers Digest many years ago of how Heritage Park in Calgary received their 0-6-0 locomotive they still operate at the park.
It seems two brothers took it into their heads to buy two surplus CPR switch engines in BC at the end of the steam era. Apparently alcohol was involved.
Well, it came to pass, that they realized storing these things was going to be a problem. So in the late 70’s, I think, they donated one of them to Heritage Park. I always liked one of the clauses that was part of the deal. In exchange for the donation the brothers received lifetime cab riding privileges.
AgentKid
''Why do you ask . . . ?" [tup] Larry [(-D]
Why does this remind me of a story where some guy took a gutted and demotored F or E unit and converted the shell into a residence or studio or something like that? …or am I just having another dose of inspired insanity? It could be done, the cab area would make a cool living room.
Yeah, I think I remember seeing that too, a looo-nnng time ago - like 20 or 25 years.
Would be really neat if it could be installed facing or next to an ‘active’ line, too.
Hopefully an Alco savy road like Western NY & PA buys these locomotives…would be nice to see them running for a few more years.
Any idea about how much an old RS-18 or C424 might be worth?..not looking to buy…just curious.
CN has been scrapping a steady stream of cars (box cars, hoppers, covered hoppers, etc). I drive by a rail served scrapper every day on the way to / from work. Nearly every day there are CN cars going in and gons of scrap steel coming out.
They must be likewise surplus on old locomotives and are looking to sell rather than scrap, given the relatively low price of steel these days (at least as compared to last year at this time.)
With so many sitting off line, these are worth scrap value. With scrap prices about $250/ton and a locomotive at 100 tons, the locomotive is worth about $25,000 minus a few thousand for scrapping and shipping (oh, I forgot, railroads ship things). If the railroads are lucky, they can donate it to a museum and write off the deprecitated value (which for many locomotives is $0, fully depreciated). If the locomotive is leased, the leasing company has deprecited it to zero. So for most of these old locos it is best to scrap and take the money and run.
According to CN’s website they charge $3.50 per mile to have the locomotive shipped to the buyer’s property…so…if the buyer is 1000 miles away he/she can tack on another $3500.00.
What is the cost of a old locomotive?
do you have a URL link for that?
edit - found it:
http://www.cn.ca/documents/About-CN-Surplus-Assets/Loco-spring-sale_2009.pdf
I noticed that one of the units listed in that document is the IC 6071 (!) … it’s outlined in red.
To some who might not know the history behind the 6071, it’s the first SD40 ever built, and it rides on an SD35 frame.
From Locomotive leasing: what’s power worth today?
Railway Age, June, 2008
(a year old)
Value: $165,000 to $225,000. Comments. This four axle workhorse can often find work on branch lines as well as main line hauling jobs. As a result its value has remained relatively constant year-to-year.
Value: $175,000 to $225,000. Comments: Several lessors have invested significant amounts in remanufacturing units of this variety. A unit recently remanufactured and at the beginning of a new 7 to 10 year life cycle could be worth $750,000 or more. Lease rate: $200-plus per unit per day. Recently overhauled units could be expected to earn $250 per unit per day for at least five years.
EMD SD60 (Six-axle)/3,800 hp/ In good condition, well maintained
Value: $275,000 to $350,000. Lease rate: $325 to $375 per unit per day. Comment: The oldest of these units are now entering the national lease fleet. Most are tired and in need of overhaul.
That’s not a bad price. what about the shipping? Does include?
no shipping is 3.50 per mile…
Was this available on-line ? If so, do you have the URL ‘link’ handy ?
If not - thanks for taking the time to type it all in. [tup]
I think this will link you to the Railway Age article: http://findarticles.com/p/articles/mi_m1215/is_/ai_n27944848/ If not google Railway Age Locomotive Leasing
http://findarticles.com/p/articles/mi_m1215/is_6_209/ai_n27944848/
Yes, it did - thank you. [bow]
There are a few more models and some other comments there as well. [tup]