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Veteran Member
- Joined
- Jan 4, 2019
- Messages
- 1,030
- Location
- S Florida Winter/Michigan Summer
- Tractor
- Kioti CX2510 HST
That's pretty much what Chewwy said.
Read the 'conclusion' in the article I posted. Dealers don't have to 'band together' anymore. It's all set by the Manufacturer so it relieves them of the burden. That's the whole idea.
And those Dealers that don't play along can lose their franchise. And Deere is very serious about that. If you defy them, they seldom take your franchise away from you, they'll 'encourage' you to sell it. People are standing in line to buy them. They can also open a franchise next door to you and force you out. This very, very seldom happens. They're all getting so fat, they don't wanna fight.
As a warning, sometimes what they do is delay (a lot) delivery of hot sellers. Like if a certain tractor is a hot item in your area, you ain't getting any until you knuckle under.
I know WTF I'm talking about. One of my Buddies up North is a retired Executive VP From Deere. SUPER nice guy. Wonderful person. Know what his retirement package? Full pay. But don't get too excited. Deere pays it's active executives with bonuses. You get a decent base salary and then get bonused couple times year. That's where the money is. He doesn't get that, he only gets his base salary. No clue what that is but I'm certain it's 6 figures.
I;m not saying it's bad thing. What I'm saying is that you can sometimes do better. Deere is a very profitable, very well-run, very smart Comapny.
But their focus, like every other manufacturer, is on keeping their own company financially healthy.
Many of their competitors are fighting for market share. Some are doing a very good job of it. They're not nearly as profitable because they're not charging what the big kahuna in town does.
Me, Deere makes darn good tractor but I don't think they're worth it in the smaller tractors. In the Seriously Big Mofos, I have no clue. It's way above my pay grade. But I understand Deere kicks bootie in that market.
My only concern is the small compact utility tractors. I'm not even sure Deere cares that much about that market anyway. Although, IMO, they're starting to more and more. But their pricing is unrealistic, IMHO.
Just my 2 cents and worth even less