New Tractor Sales Are Declining

[hiddentacocatneddih]

Dollar is pretty strong. Double bubble and a couple bucks makes a good fiber glass repair

 

[hornett22]

Kubota dealer in Knoxville seemed to be full. No loaders on many of them though.

They also sell Kioti. Not many of them in stock.

 

[lman]

Where are you getting your data on how weak the dollar is? The dollar is trading at about 1.35 Canadian dollars, and 1.09 Euros. That’s the strongest the dollar has been in years.

Do you have some data that I’m not privy to or are you just regurgitating right leaning talking points?

Have you been to a grocery store or priced a tractor or construction project? If you haven't noticed that the dollar only buys about half of what you could buy with a dollar 5 years ago, you must be living in a cave.

 

[CloverKnollFarms]

Our Kubota dealers lot is overflowing… no loaders on any of them

 

[2manyrocks]

For want of metal hydraulic tubing, no loader. No loader, no sale.

 

[ted451]

In my country, unfortunately, nothing is getting cheaper, everything is still in place, I hope that it will stop someday, but when, unfortunately, we do not know

 

[jyoutz]

Our Kubota dealers lot is overflowing… no loaders on any of them

Interesting. Local dealers here have tractors with loaders.

 

[ArlyA]

In my country, unfortunately, nothing is getting cheaper, everything is still in place, I hope that it will stop someday, but when, unfortunately, we do not know

And what country are you from? Nice to have you here with us. (yes, a sidebar)

 

[Hay Dude]

Back on topic:
One of my local dealer’s lots is stocked full of new Fendts and a couple of new Masseys. Plenty of them, but very few used tractors. I think when the supply chain interruption happened, buyers of new tractors had no new tractors to buy, so they bought up the nations supply of used tractors.

I am looking for a used 150HP loader tractor and they are non-existent and over priced when you find one.

I don’t know if new sales are declining, but my salesman told me leasing is rapidly gaining popularity.
My theory of why leasing is taking off is mainly 2 reasons.
1. Leasing costs less per month (simplistic, but true)
2. New tractors are fully computerized and the typical wrench & grease farmer can no longer fix them. Leasing solves this because service is included.

 

[buckeyefarmer]

My neighbor just got this.