New Tractor Sales Are Declining

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   / New Tractor Sales Are Declining #1,661  
Any more thoughts on tractor prices? Going off track here...
 
   / New Tractor Sales Are Declining #1,662  
Any more thoughts on tractor prices? Going off track here...
I met a guy tonight who scored a smoking deal at an estate sale. A L3200in great condition with only 400 hours, and 9 implements for $15K total. Obviously the estate people had no clue about valuation.
 
   / New Tractor Sales Are Declining #1,663  
I met a guy tonight who scored a smoking deal at an estate sale. A L3200in great condition with only 400 hours, and 9 implements for $15K total. Obviously the estate people had no clue about valuation.
And not many buyers showed up? Or those who did just didn't have the cash.
 
   / New Tractor Sales Are Declining #1,664  
And not many buyers showed up? Or those who did just didn't have the cash.
I’m not sure. It really wasn’t an equipment auction. It was an estate sale and most people were there for other household items and furniture. The guy who bought it knew he stole it. Had his trailer there and loaded up before anyone realized that they had just given this away.
 
   / New Tractor Sales Are Declining #1,666  
TYM seems to have a pretty good tractor in the 65/75Hp range for a lot less than the normal options. I'm hoping to see one locally tomorrow if I make it to the dealer. For the money, one of those or one of the next smaller series at a similar Hp could replace my Kubota L4600. The cab would probably add a bit of cost to make it a bit spendy compared to a ROPS L-4600 but, getting older the AC in Summer and Heat in Winter should let me extend when I could do side jobs in retirement as age starts to take a bigger toll on me.

With TYM buying Branson/Kukje and combining both brands in the USA, dealer support and service should be getting better too!

This should provide a more affordable tractor in the SCUT/CUT class for many people not married to existing Orange, Red (or Blue), or Green tractors! It should also put pressure on the Big 3 in the USA to put out more affordable cab models too!
 
   / New Tractor Sales Are Declining #1,667  
In reality considering the devaluing of currency today, any funds in any commercial bank is going backwards. You are actually paying a bank to hold your money today. It earns you nothing. It costs you instead.
Well if you're bringing inflation and devaluing of the dollar into it, you could say that a lot of investments.
 
   / New Tractor Sales Are Declining #1,669  
For certain. My 401 is looking grim.

My 401K, while volatile, overall is up a lot with my stock picks. ~30 years of past experience including down markets has helped in that regard along with a high risk tolerance and realizing that high inflation was locking in a fixed loss with less risk or essentially no perceived risk with cash investments!

The high "tractor" inflation rate is moving my tractor replacements and upgrades forward a lot because the likelihood of me out-earning the rate of tractor price inflation is really low. I also get the benefit of using a 'better' tractor sooner. I would say it also saves me money with better fuel burn rates but, both the Kubotas I currently own are real fuel misers. That little B2601 for a mow and chore tractor is really a sweetheart that costs me very little.
 
   / New Tractor Sales Are Declining #1,670  
In reality considering the devaluing of currency today, any funds in any commercial bank is going backwards. You are actually paying a bank to hold your money today. It earns you nothing. It costs you instead.
Another industry where if you dont watch them, they will fee your account to death.
 
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