Mahindra Resale Value

[bradyky]

Has anyone else noticed or been offered unusually low resale values on late model Mahindra tractors? I have been to a few auctions this year and have noticed that, based on what they are bringing, the Mahindras tend to lose alot more value quicker than comparable Kubota and Deere models. Maybe I was in bad Mahindra country, but there was supposedly a dealer around there who was selling hundreds of them per year so you'd think they would have a strong secondary market. I actually could have bought a 4WD unit the other day with a loader and 100 hours for a little over half what it was new. Then a Kubota came through with a loader and sold for almost as much as it would have cost new. At any rate, just wondering what others are seeing. This seems like a potential problem for Mahindra buyers.

 

[TobaccoRoad]

I've seen where the JD and Kubota hold their value better than most. But I couldn't afford either, so I went with the Kama brand.

 

[YanmarFever]

Used mahindras sell for about 85% of retail whithin the first or second year at all the auctions I have been to. I have a hard time with your statements.
Do you sell john deeres or kubotas for a living ? /forums/images/graemlins/grin.gif
It sure sounds like it.

You can fool some of the people some of the time
But you cant fool all the people all the time !

 

[DavesTractor]

Show me the 100 hour Mahindra's at 50% of new, I'll buy them all and resell them. It sure doesn't happen around here.

 

[YanmarFever]

<font color="blue"> Regardless of how you compare them, the new L30 series is going to outspec Deere and NH. Lift capacity, creature comforts, quality, and, in my opinion, appearance are all superior on the new Kubota. Coupled with the already superior feather step HST mechanism and the enhanced GST transmission (12 and 24 speed) and Kubota has really outdone themselves. To add icing to the cake, the price has remained almost the same. But maybe I'm a little partial since I worked for the company and now sell them for a living. </font>

Never mind bradyky we found your underwear showing /forums/images/graemlins/shocked.gif

post #207697

another kubota hugger exposed ! /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif

 

[bradyky]

Wow...seems like I hit a nerve for asking a legitimate question. Yes, I sell Kubota, Massey, Landini and have sold Zetor, Century, and, oh yes, Mahindra. So, my loyalties are a little more diverse than being, as one genius said, a Kubota hugger. In the used market, I sell whatever makes money. If a donkey comes through the ring under the money, I'll try to make it work. But, as I watch three or four Mahindras (as well as Kiotis and even some New Hollands and Masseys) roll through way under the money (in different months), I have a hard time pulling the trigger because I am not that familiar with them and wonder what is wrong with them. Pardon me for asking the question.

And as for the validity of my statements, I actually did see these tractors sell for a lot less than they sold for new. If you better-informed posters want printouts of auction results, I will be glad to request them. In the future, I will keep my questions to myself so I don't offend others. And as for my underwear showing, sounds like the person who posted that actually showed something a little worse than their undies.

In the future, instead of ridiculing new people to the posts, maybe just maybe you might think about what is being written and try to ask questions rather than being snide and offensive.

 

[YanmarFever]

Sorry man but you are not new around here. Youre first post was in 2002 thats three years ago (hardly new).

Maybe next time you will think twice before making outrageous statements about your competition.
I thought I would turn up the fun meter with you because you droped on the scene putting down mahindras while you sold kubotas.
I called you a hugger because I read your posts in 2002 about kubotas & deeres. It seems you dont like the green either.

<font color="blue"> #204887 - 10/25/02 03:51 AM Edit Reply Quote



Regardless of who is number one today (and I know for a fact that Kubota is), the new L-30 series will remove all doubt. Kubota is upping the stakes in the compact market. Deere came out with a 'gimmicky' e-hydro with no 'foot-feel' and different settings that I personally cannot tell any difference in. Deere has been trying to match the Kubota feather-step hydro for years; unfortunately, the e-hydro is a dressed-up version of the old Deere hydro. Kubota did not copy Deere. Their L-30 series has been in R&D for many years and has already been tried and tested in other markets over the last two years. Many of you may have already probably sat on the new L-30 series. If not, get ready for a religious experience. The improvements that have been made on that machine are too numerous for me to list here. And these improvements are not just a bunch of switches added for eye appeal. Our dealership received the first L3130HST in KY and have gotten great responses from everyone that has sat on it.
Everybody makes a good tractor. However, over the last few years, Kubota has certainly been the best innovator in the industry. The L-30 series will again prove this. </font>

 

[Nightrain1]

Looks like TractorErnie owns you bradyky. If you are legit, then you need a little help on spotting deals to make $, especially if you are passing on a 100 hour Mahindra for half off. /forums/images/graemlins/smirk.gif

 

[MessickFarmEqu]

machinery trader has auction listings that you can pull up for all brands of tractors, equipment blue books are also based on actual resale values. While 50% is extreme, the numbers do show that the 2/3rd tier brands do depriciate faster than the major players. I sat down a few months ago and I think the difference is about 10-15% faster - its not a huge difference.

 

[PBinWA]

I think it's pretty obvious that a lesser known brand like Mahindra is going to depreciate faster than something like Kubota, Deere, or New Holland.

I suspect a used Jinma will depreciate much faster than a used Mahindra. That's not something that should be surprising to anyone.

It's just common sense. Tractor Ernie did make some valid points regarding the motive behind your post although perhaps a wee bit aggressively.

If there is a glut of used Mahindra's in your area then perhaps you should buy them cheap and sell them some where else where there is no glut. Might make some money.