New Tractor Sales Are Declining

[airbiscuit]

I generally do see more inventory on dealer lots. I am guessing part of that is a result of them trying to get stock on hand after months of shortages. I'm thinking that those with cash and a need are still buying them. Those on the ragged edge to afford monthly payments aren't. One would think you would start to see new incentives to buy, but who knows?

 

[ovrszd]

In the Auto/Truck/UTV world dealers would order you one with little or nothing down. They wanted to get on the Manufacturer's build list. If you changed your mind they would gladly let you off the hook because they had half a dozen people standing behind you waiting for one.

A month ago the only UTVs in the local dealer's showroom were ones ordered and the buyer backed out. They quickly sell.

 

[ArlyA]

In the Auto/Truck/UTV world dealers would order you one with little or nothing down. They wanted to get on the Manufacturer's build list. If you changed your mind they would gladly let you off the hook because they had half a dozen people standing behind you waiting for one.

A month ago the only UTVs in the local dealer's showroom were ones ordered and the buyer backed out. They quickly sell.

We order a atv last fall and got it 11 months later with 2000 down payment. We'd have not got it without that DP. Our locale dealship is not going to get one in for display on there floor.

 

[Rdrcr]

In the Auto/Truck/UTV world dealers would order you one with little or nothing down. They wanted to get on the Manufacturer's build list. If you changed your mind they would gladly let you off the hook because they had half a dozen people standing behind you waiting for one.

A month ago the only UTVs in the local dealer's showroom were ones ordered and the buyer backed out. They quickly sell.

The automotive dealers are requiring a deposit in my area, but most UTV dealers just put you on a list and call when a unit becomes available.

Mike

 

[airbiscuit]

My perception is that there are also fewer I'm looking to buy a new tractor threads being started on TBN these days.

 

[ovrszd]

We order a atv last fall and got it 11 months later with 2000 down payment. We'd have not got it without that DP. Our locale dealship is not going to get one in for display on there floor.

Yep. And I'm sure he'd have let you out of that deal if you wanted out. And would have had it sold within a couple days.

My dealer is very spoiled. Sells everything he can get. Friend bought a 4dr UTV that was on the showroom floor less than 24hrs. First come first serve.

 

[ArlyA]

Yep. And I'm sure he'd have let you out of that deal if you wanted out. And would have had it sold within a couple days.

My dealer is very spoiled. Sells everything he can get. Friend bought a 4dr UTV that was on the showroom floor less than 24hrs. First come first serve.

Yes, but would have kept our $2K.

 

[MinnesotaEric]

I generally do see more inventory on dealer lots. I am guessing part of that is a result of them trying to get stock on hand after months of shortages. I'm thinking that those with cash and a need are still buying them. Those on the ragged edge to afford monthly payments aren't. One would think you would start to see new incentives to buy, but who knows?

Increased inventory is a result of a slowing economy. Look forward to price incentives and discounted interest rates over the next 18 months as OEMs of every stripe try to get small by reducing inventory.

 

[CloverKnollFarms]

7,000 Twitter and Meta employees are leaving the market for a tractor

 

[jyoutz]

Increased inventory is a result of a slowing economy. Look forward to price incentives and discounted interest rates over the next 18 months as OEMs of every stripe try to get small by reducing inventory.

Could be, or it could be a result of the supply chain just catching up. For many years dealers kept full lots of inventory.