Are there enough used CUTs out there?

[jjp8182]

It is an exploding market. Only time will tell what happens. Especially with such dark financial clouds on the horizon. My, guess, they will become abundantly plentifull at firesale prices, when the kucca hits the fan.

Funny, it seemed like yesterday, that our local Deere dealer was distressed because they had no compact offering with a Cab like Kubota had and had to go after market which lost them sales

I suspect that for suburbanites with any property large enough they were using a riding mower, a SCUTs will displace many of them -- especially in households where they want to have a garden, and/or want/need light material handling capabilities for other hobbies.

Considering I've already put enough hours on my L3560 (since buying it new) to match what I did on three (high priced) big box riding mowers before they either needed major repairs or replacement. So assuming the L3560 makes it to a normal CUT lifespan, or really anything over 600 hours makes its price seem a like a bargain by comparison particularly given the added utility.

Might just be me, but it seems more and more people are starting to re-realize that it's expensive to buy cheap things especially when/if the item needs to last....and so they're are willing to buy larger/heavier/more expensive tractors that will last.

 

[check]

Come and buy in Canada - the Canadian Dollar is at about 75 cents US right now, so a $20k Cdn tractor will only cost you $15k US!

 

[ovrszd]

I think the vast majority of new tractor purchases are simply because the buyer wanted new. Then with creative thinking they can work magic on the numbers and justify the purchase over a used one.

I believe this human nature philosophy also holds true for car or truck purchases. It's just who we are.

 

[Slowpoke Slim]

I think the vast majority of new tractor purchases are simply because the buyer wanted new. Then with creative thinking they can work magic on the numbers and justify the purchase over a used one.

I believe this human nature philosophy also holds true for car or truck purchases. It's just who we are.

Hardly. Nice try though.

 

[Imold]

I bought new because the used tractors that were 3-7 years old were priced like new or close to new, why pay 13k for a 3-4 year old tractor when basically the same tractor new is only 15k plus you get a warranty.

When buying a vehicle we like to buy leased vehicles because of the high miles we put on yearly plus the maintenance has been kept up and most recalls have been taken care of and if there were any other issues they also have been fixed, now your buying a vehicle with around 32-34 thousand miles that has been taken care of because of lease rules and your not losing any value driving it off the lot like you are with a brand new vehicle and you get the same loan terms.
That is my two cents on this.


Jim.

 

[Industrial Toys]

If the new ones have USB ports and LED lighting and the old ones don't, that's justification enough for some to make the move. Call it Limited or Harley Davidson Edition and it becomes a must-have for some.

 

[Hiptfarms]

If the new ones have USB ports and LED lighting and the old ones don't, that's justification enough for some to make the move. Call it Limited or Harley Davidson Edition and it becomes a must-have for some.

Absolutely true on that Harley Davidson stuff. I have friends who only worry about two things - can they make the payment and does it say Harley on it.

 

[RickB]

Not everyone is in a position to write a 5 figure check for a Craigslist purchase. Interest rates on used equipment purchases are rarely as attractive as rates on new iron. Let’s not forget that interest on HELs is not deductible unless the proceeds are used to actually improve the home.

 

[Dranrab]

I watched the market for months before finally buying new. While I was watching the market, VERY few CUTs showed up. When they did they were priced within a few grand of new. I didn't want to burn through my cash with the purchase. Used tractors at used rates were going to cost me as much as a new one.

 

[Ccdteacher]

What is the grey market? I致e seen it mentioned several times on this site.