Dealers Not Accepting Some Brands on Trade

   / Dealers Not Accepting Some Brands on Trade #51  
Yet that bargain shopper traded his “junk“ in on a more recognized brand. Fact is the off-brands just have little demand at name brand dealerships and the dealer does want to be stuck with something he will have to run through a ‘no reserve‘ auction to get rid of.

And if the off brand tractors were in any serious demand as used equipment why wouldn’t owners just sell them outright on the open market themselves before going to the name brand dealer to get their new tractor?
Your theory would make more sense if this wasn't a newer issue.

Lots of people (some dealers included) don't want the hassle of selling used stuff so they trade.

There absolutely are equipment auctions, just not in as high of numbers as the auto auctions. Dealers have easier was to dump off the trade. The dollars all have to do with the negotiations and dealers have the advantage as they work in the business. This problem is not really about not being able to move the equipment.

When economies turn south, people look for deals, including buying less expensive brands. New dealers who are not moving new inventory do not want the competition on their own lot. (Not the only reason, but it is bigger than your believe. )
 
   / Dealers Not Accepting Some Brands on Trade #52  
Let me give you a tip I've found for selling used tractors and implements.

Put your asking price at a number that you would feel okay with delivering whatever it is you're selling. Within whatever distance is comfortable for you to deliver.

Then in your ad state that you will deliver it within a specific distance for the asking price.

You'd be surprised how many people don't have trucks or trailers and that is the selling point.
 
   / Dealers Not Accepting Some Brands on Trade #53  
You aren't making it easy on yourself either.
That's an old trick that worked about 2 times.
Here's how this goes: " sir, do you have a trade"?
you: "nope"
"Ok, I can sell you this $35,000 item for $32,000"
You: "oh I just had a call from my wife asking to trade in our old whatever"
Sales: "no problem, your trade is worth $5000". That brings the total price to $27,000.
You " what! my trade is worth at least $8000"
Sales: "So you want full retail for your trade sir"?
You: "yes I do"
Sales: "no problem if we're going to do full retail" $35,000 - $8000 = $27,000.
You: "You said $32,000"
Sales: " Yes I did but that was a discounted price without the encumbrance of going through your machine, fixing whatever is wrong with it, putting it on the floor with a warranty and standing by the customer if something goes wrong". "You don't have to do that if YOU sell it but we are governed by law to take care of the customer if we sell it". "That takes money and we don't know how much it's gonna take" "So because we are not in the business of losing money, this is what we have to do to guard against that and deal with the 50 more people behind you who want the same type of deal".
If you go into a sale scenario that becomes derisive and contentious, nobody wins.
It is much easier if you do your homework, know what you want for your trade and request if the dealership is able to handle what you want.

So it goes like this: You: I have a trade and would like to get $8000 for it and pay $32,000 for your whatever." "That brings my total price to $24,000.
"Are you able to do that"? This way you stay in control of the sale and it will be a yes or no answer.

Everything is up front...no dissension...honesty abounds and hopefully, you get what you want. If not, you at least get an education you can bring to another dealership or remain where you are.
Unless you simply like the sport of dickering, the method I just describe is way easier with no ill feelings or negativity manifested for all parties concerned..

And, allow me to relate something else to you. The mark up margins of yesteryear no longer exist today with autos, tractors or refrigerators. They have been reduced because of increases in costs for manufacturers. I mean the Burger King kid is now making $17 an hr. Margins are getting tighter and tighter.
The manufacturers say to the dealers: "if you want more money, you're gonna have to sell more stuff". Add to that what's happened to borrowing rates, insurance increases, wage increases, the lack of workers and the general malaise and distrust our entire culture seems to be living with these days, makes for one big, lousy soup.

It has become vicious out there with the dealerships on the low end of the totem pole and the sales people lower than a rattle snake's belly in a wagon wheel rut.
Thanks, I didn't want to write all that but exactly right.
 
   / Dealers Not Accepting Some Brands on Trade #54  
I bought a mahindra because their resale is so bad and I could get a lot of tractor for a little money. But I also know if i sell it , its has no value due to being a mahindra
 
   / Dealers Not Accepting Some Brands on Trade #55  
The OP needs to read this thread

 
   / Dealers Not Accepting Some Brands on Trade #56  
Wow, alot of hate here for the “off brands” from people who have probably had 0 personal experience with any of them.
We have Kubota, JD, Kioti tractors on our farm. We have Kubota and Cat in our business. They all have their issues. So much so that, Kubota will be leaving the business side when their leases are up. Cat or Takeuchi will be replacing them, waiting on their respective numbers.
 
   / Dealers Not Accepting Some Brands on Trade #57  
The thing I dislike about “off” brands is the potential for lack of dealer support (parts specifically) and lower trade-in values.
For me, my Challenger tractor, a brand recently discontinued, is a little less of an issue since the parent company, AGCO, is still thriving. Dealer support goes on through AGCO dealers. Lots of parts commonality with Massey.

The thing that’s good about discontinued brands is it gives a tractor buyer of lesser means an opportunity to buy cheaper up front.
 
   / Dealers Not Accepting Some Brands on Trade #58  
I bought a mahindra because their resale is so bad and I could get a lot of tractor for a little money. But I also know if i sell it , its has no value due to being a mahindra
You have a tractor, if you kept it nice, that would re-sell for more than you paid for it if you bought it 30 yrs ago.
 
   / Dealers Not Accepting Some Brands on Trade #59  
Trade in not so important to me as just being able to keep the tractor running. I've never had a problem big enough to actually need an independent mechanic until I got a Mahindra and then I owned it for 9 years before that happened.

Nearest dealers are Kubota/New Holland and JD, but the JD is a corporate chain store.

Most of the discussion has been about Kubota v the Korean manufacturers, but where does New Holland stand these days in relationship to Kubota, Kioti, and TYM in terms of reliability and parts support?
 
   / Dealers Not Accepting Some Brands on Trade #60  
The OP needs to read this thread

Why?
That's like saying my daughter married a man from India and he got cancer.
So.....what's the inference there?
 

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