New Tractor Sales Are Declining

[Yander]

If one has the funds and can wait, I think there will be some good deals on used equipment in the near future. At some point people will have to liquidate a lot of things just live. Sad but the way I see it coming.

I hope you are wrong, but fear you are right!

 

[ultrarunner]

And continuous improvement adds value which costs money and drives up costs.

Yes but with VW and Model T and Model A economies of scale reduced prices and in not by pennies but in some cases 50% or more.

I still have my Apple II from 1980 with floppies and Daisy LQ printer… the package cost nearly $4,000… just something to ponder…

Better doesn’t always equate with more expensive… just look at flat screens.

 

[ultrarunner]

The Deming management method is all about making a better product more efficiently. There's a book called "The Reckoning" written by David Habersham about how the Japanese car industry started with a basic car design and then steadily improved it year after year leading to American car makers loosing a huge amount of market share because the Japanese got steadily better following the Deming method.

I have this book and found it a very good read and the highest award in Japan manufacturing is the Deming award and people made pilgrimages to his modest home just to be in his presence… should be a movie in their somewhere…

 

[hiddentacocatneddih]

Companies are led by stock price. Not engineers anymore. Look aT Boeing.

I still see quite a few truck loads of implements going down the highway

One article says doom and gloom. One right below it paints the opposite picture.

 

[scootr]

Well, I like my little B2620 I bought years back. Was cheap enough to pay cash, small enough to mow the finished lawns with, has built a mile of bush road and maintains my 21 acres.

But if I ever do need something heavier, I have the 55 Allis sitting here on display that can go to work any time.

And for 86 grand I can go to Mecum Auction and buy all kinds of big reliable old restored tractors before I ever spent that for a new emission motored machine.

Sure the new ones have all kinds of comfy fluff in the cab, but fluff doesn't do the work.

Fluff doesn't DO the work. It just makes doing it easier.
And for some of us oldtimers it makes the work possible.

 

[Citydude]

Only 88” wide!

I’m serious. I look at what you guys pay for a small new tractor and think you could buy a used dump truck, with a trailer and a back hoe or mini ex or farm tractor for the same price as a new small grand L with a loader.

I bought it in 2019. Back when the new normal hadn't kicked in yet.

 

[5030]

I bought it in 2019. Back when the new normal hadn't kicked in yet.

You mean back when a buck was worth a buck? Not 25 cents like today.

 

[Citydude]

You mean back when a buck was worth a buck? Not 25 cents like today.

Yep.

 

[jyoutz]

You mean back when a buck was worth a buck? Not 25 cents like today.

My grandpa said the same thing back in the 1980s. Complaining that his dollar didn’t buy much anymore.

 

[cathy liebchen]

I realize there is changes in the Canadian/US dollar exchange, etc.

But a coupe years ago I priced out a Grand L3560 with loader and blower and it was $50,000. It is now $86,000 and there have been ZERO changes or updates to that model.

So how do you justify that? Nothing more than a rip off. There is nothing that little 3560 has that makes it worth that much.

You would have hoped sales went down to bring prices back to reality, but people are more than happy to keep lining up to finance them. So they know they got us now.

Costs of production have increased but profit margin is the same

 

[5030]

My grandpa said the same thing back in the 1980s. Complaining that his dollar didn’t buy much anymore.

Pretty soon, you'll get dollars on a roll. like toilet paper and it will take a roll to buy a loaf of bread...

Back in the 80's cars cost 3500 bucks, today, 90 thousand.. Economy of scale with worthless money.

 

[2manyrocks]

Digital credits so they don't have to incur the cost of paper and ink.

 

[jyoutz]

Pretty soon, you'll get dollars on a roll. like toilet paper and it will take a roll to buy a loaf of bread...

Back in the 80's cars cost 3500 bucks, today, 90 thousand.. Economy of scale with worthless money.

$90K? Not too many people are buying Lamborghini or Range Rovers. Good cars can be bought in the $30-40K range. My income has increased by 10Xs since the 80s, so pretty comparable affordability.

 

[ultrarunner]

2021 brother bought brand new well equipped Nissan Rouge out the door for 24k

Dealer was simply trying to unload in the middle of pandemic and these cars were ordered by car rental company that no longer had business ..

 

[ruffdog]

Harley sales have been dropping since 2016. What happened then?

 

[jyoutz]

Harley sales have been dropping since 2016. What happened then?

Boomers aging out of bike riding.

 

[Bobctat2035]

2021 brother bought brand new well equipped Nissan Rouge out the door for 24k

Dealer was simply trying to unload in the middle of pandemic and these cars were ordered by car rental company that no longer had business ..

2023 Nissan Rogue STARTS at $27,360 So, not the best example. lol

 

[ruffdog]

Boomers aging out of bike riding.

Well, Harley sales peaked in 2006, then fell. Then it peaked in 2014/16, then fell. Different times, different products. It is the way is goes. I really wonder if the young generations will think owning tractors are a priority unless they are used for food production.

 

[Bobctat2035]

$90K? Not too many people are buying Lamborghini or Range Rovers.

Where can I get one of these 90k lambos? You're off by about $200,000. These days you can very easily get a farm/work worthy pickup truck to 90k OTD.

2022 Ford Super Duty - Search Inventory

Find your next vehicle from any of the extensive Ford dealer inventories near you.

shop.ford.com

Only 350 my local dealer has currently.

Good cars can be bought in the $30-40K range.

But yes this is also true.

 

[5030]

Boomers aging out of bike riding.

And HD pricing themselves out of the market too.