John,
Would it be innapropriate to ask what kind of trade one gets for a new tractor like that? I've thought that maybe in the future I might trade up, and just wonder how much a slightly used tractor gets on trade. BTW, congrats and enjoy. I bet your grass is ready for a trim after the wait.
Not inappropriate to ask. I trade often. It's like cars for me. What's the difference between what I have used vs what they have new. I don't mind a person selling something for a living making money, actually I don't care for someone selling for a hobby making money. If they don't make money they will quit. I don't want them to make their years salary on me though, I want them to spread it out over all the customers. I don't really care what their profit margin is as a specific percentage or I don't really care how much they paid for it. I care how much difference they want between my trade in and their product.
I also don't like taking the time trying to sell something to idiots, sometimes. Some times I don't mind. Some times I sell and buy. Some times I prefer trading. I've sold one Kubota and traded several with Barlows.
Now, I do research the (true) selling price of what they have and the true selling price of what I have. Asking prices don't mean much, it's what was the price when the hammer came down as SOLD.
Now, with Barlows I tell him I'm not interested in trading but if I was...how much difference would it cost me. I have determined before that visit the MSRP and selling price of his tractor after research. I know the true selling price of mine plus the MSRP of a new one like mine. When he offers me New MSRP less $400 for mine and mine is used and asks MSRP for his then I trade as I did this time.
Hope that answers your question.
Some dealers don't want used and will insult a trader like me. I don't go back but I've been to Barlows 11 times to sign on the line.
I do know there were some special incentives that were applied to make the trade happen from Kubota and the dealers have to or can work for them. For some there are also tax incentives (me) that help with making the trade plus there is the borrowing at 0% and take all the money and paying off an interest costing loan that can make a difference in trading or not.
Never know if you don't ask, that's one of my major philosophies.:thumbsup: