New Tractor Sales Are Declining

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/ New Tractor Sales Are Declining #221  
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.
Only 350 my local dealer has currently.


But yes this is also true.
That is true about super duty trucks (why I own a 2007), but the post I was responding to was referring to cars.
 
/ New Tractor Sales Are Declining #222  
I could see nissian and mistubsibi having fire sales back when the rental market tanked.

Nissian is slowly dying I think. Mitsubishi cars are dead in the us
 
/ New Tractor Sales Are Declining
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#224  
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…
I really appreciate the book recommendation guys. I have been wanting to find a book about this for quite some time. I will definitely add it to my audible library tonight.
 
/ New Tractor Sales Are Declining #225  
2023 Nissan Rogue STARTS at $27,360 So, not the best example. lol
I could see nissian and mistubsibi having fire sales back when the rental market tanked.
Nissian is slowly dying I think. Mitsubishi cars are dead in the us
yep… sticker 33,800 plus 10% tax, $1,000 license plus doc fees… call it around 38k

I think 24k out the door was a good deal with 7miles as equipped.
 
/ New Tractor Sales Are Declining #226  
My grandpa said the same thing back in the 1980s. Complaining that his dollar didn’t buy much anymore.
I remember factory ordering a 2wd Dodge D150 back in 11/84. Cost $10,000 and I about fell out of the chair.
My '20 Ram 3500 Laramie diesel was almost $80,000 out the door.
 
/ New Tractor Sales Are Declining #227  
I remember factory ordering a 2wd Dodge D150 back in 11/84. Cost $10,000 and I about fell out of the chair.
My '20 Ram 3500 Laramie diesel was almost $80,000 out the door.
My first new truck was a stripped down base model 1978 F-100. I paid $6000. But my annual income then was less than $15,000.
 
/ New Tractor Sales Are Declining #228  
My grandpa said the same thing back in the 1980s. Complaining that his dollar didn’t buy much anymore.
And we’d like to put a stop to that. One way is to curb runaway 8% (really 10%) inflation.
Its stealing our dollar value faster than we can keep up with.


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.

I used to feel the same way and I know what you mean.

Then I bought my first tractor with a loader suspension. All I can say is WOW. Not having the seat base ram my spine into more back problems sure is nice on bumpy fields. Then came a cab suspension and a front axle suspension. Rides so much better that you don’t feel beat to death at end of the day.

Then I found out how useful power mirrors are. Then I realized how nice a heated seat is for the back on winter days.

What those suspension comforts and creature comforts do is keep you working longer when you are farming 40+ hours per week for 9 months per year. They seemed frivolous to me, too. Now I want them with every tractor. I still have 2 basic tractors with air ride seats and they are pretty rough to use for 8+ hours.
 
/ New Tractor Sales Are Declining #230  
And we’d like to put a stop to that. One way is to curb runaway 8% (really 10%) inflation.
Its stealing our dollar value faster than we can keep up with.




I used to feel the same way and I know what you mean.

Then I bought my first tractor with a loader suspension. All I can say is WOW. Not having the seat base ram my spine into more back problems sure is nice on bumpy fields. Then came a cab suspension and a front axle suspension. Rides so much better that you don’t feel beat to death at end of the day.

Then I found out how useful power mirrors are. Then I realized how nice a heated seat is for the back on winter days.

What those suspension comforts and creature comforts do is keep you working longer when you are farming 40+ hours per week for 9 months per year. They seemed frivolous to me, too. Now I want them with every tractor. I still have 2 basic tractors with air ride seats and they are pretty rough to use for 8+ hours.

One way to put a stop to that would be to go back to horse and buggy, use ox to pull plows, travel cross country in a wagon train...
 
/ New Tractor Sales Are Declining #233  
I could see nissian and mistubsibi having fire sales back when the rental market tanked.

yep… sticker 33,800 plus 10% tax, $1,000 license plus doc fees… call it around 38k

I think 24k out the door was a good deal with 7miles as equipped.
The best kept secret in the world is what a vehicle actually costs, and where the dealer makes a profit. I'm guessing that at $24K, the dealer still made a buck or two!!!
 
/ New Tractor Sales Are Declining #235  
The best kept secret for sure. if the general public know what the markup really was, I believe there would be a revolt.
New? Not likely. New vehicles generally have 3-7% markup. That’s it. Pretty shocking. The automotive manufacturers themselves are making a much higher percentage selling vehicles to their dealerships (that’s the best kept secret).

Mike
 
/ New Tractor Sales Are Declining #237  
Just saw this ad popup on Facebook. Haven't seen advertising in years.

2022-10-11_12-49-49.jpg
 
/ New Tractor Sales Are Declining #238  
The best kept secret for sure. if the general public know what the markup really was, I believe there would be a revolt.

You'd actually be surprised how little dealerships make on new cars. On a $30,000 car they're might make $2000-$2500. They make much more on trade ins/addons/upgrades/warranties/service and financing.
 
/ New Tractor Sales Are Declining #239  
The model is proven to make money. Too many people take the short view and not the big picture. Look at printer sales. Many are sold at a loss because the money is in ink/toner. The company isn't crying because the printers are losing money, they are looking at the net profit. Car manufacturers and dealers are no different. Ditto with tractors.
 
/ New Tractor Sales Are Declining #240  
Most people aren't farming 40+ hours

Most people have glorified lawnmowers

Probably true here, but it is a tractor website, not just a small tractor, or low use tractor website.

I do see some smaller tractors now available with suspensions, and other comforts not found in years past. And they sell pretty well. I farm a duPont property and the owner is a descendant with a lot of coin. They just bought a loaded-up 60HP Kubota for estate chores. The groundskeepers love it.
 
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