Is a spike in tractor prices coming?

[sixdogs]

With shortages on all kinds of things, it seems logical to expect some degree of price hikes on tractors and related. A good guess is that the first of the year will see tractor prices rise. What do others think?

 

[RickB]

From what I've heard some brands already have "surcharges" some double digit.

 

[Snobdds]

Coming?

Try it's already here and has been here, where have you been?

 

[5030]

I'd say so. Raw materials used in their manufacture has gone up so stands to reason they will as well.

 

[Slowpoke Slim]

Coming?

Try it's already here and has been here, where have you been?

This.

Where have you been?

Just checked price and availability on a 3pt snow blower. Last year at this time it was out of stock, and the price was still $3K.

This year (just looked this weekend) same blower was "in stock" but the price was $4K.

Same blower.

 

[Hay Dude]

Prices already went up, several months ago. According to what I’m seeing, used tractor prices are way up, too.

 

[sea2summit]

A guy with five tractors is asking this question?

 

[sixdogs]

I know prices are up but I don't think manufacturers announced any permanent increase for evan after the time when the shortages end. Should I delete this thread? I think I can do it.

 

[sea2summit]

We rib all the guys who live under a rock

Seriously though, we saw steel surcharges added this year with essentially no warning. Price increases are hear to stay but most dealers are still offering some variation of 0% and rebates so we're not as bad as we are going to be, but we're racing toward it. I know I'm trying to convince the wife to let me buy every implement I think I'll ever need now as opposed to waiting until later next year or longer, with 0% alone you're probably going to make money even with a payment.

 

[Milo]

We have high inflation, IMO prices can only go up and in many cases dramatically.

Neil Messick's 7 minute video discusses his thoughts on industry shortages, temp price surcharges, then price increases.