Tractor lots are full

[tacticalturnip]

I don't know which tractor you're talking about, but many yanmars were brought into the US as having been reconditioned after having been used overseas. Given the age and parts availability of some of those tractors, I'm not sure I'd want to buy into a project with one of them. Doubt they would have much resale value.

I bought a used Yanmar 226d with low hours with a box blade and rotary cutter from a Yanmar dealer 30+ years ago for something like $5,500. I am still using this equipment. The 226d just turned over 1,000 hours with very few issues over the years.

Today, I was quoted $2,500 to pickup my Mahindra 3525 and replace two brake shaft seals.

I don't think my money buys as much today as it used to.

It's definitely not Yanmar green, more an electric lime.

 

[2manyrocks]

The gray market imports had some funky colors. The official US imports were black and red.

 

[buckeyefarmer]

Drove by a couple full tractor lots today.

 

[Hay Dude]

They always seem to be full this time of year. Spring is the season of planting, optimism, warmer weather and income tax refunds.

 

[5030]

The supply chain disruptions caused by COVID-19 are finally starting to clear up. This, combined with healthy competition for our dollars, should mean some nice discounts soon!

I don't like politics here, either. If y'all take down your political crap, I'll change my avatar into a tractor

No problem with me as I just reported you...

 

[Oldtoad]

Is that the green and black one on craigslist? That thing has been on there for a year now, or it seems that way lol.

The seller must be pretty insistent on price, because it seems like for ~$1.5k - $2k this would at least be a fun project.

Yes it is.
I have too many unfinished projects and if I cannot get parts even less interest.
Everything is too expensive.

 

[Snobdds]

No problem with me as I just reported you...

Why? Let the players handle the locker room and not the coaches.

I'm going to call you the boomer doomer.

 

[2manyrocks]

Yes it is.
I have too many unfinished projects and if I cannot get parts even less interest.
Everything is too expensive.

You could check Hoye and Fredricks Equipment to see what parts are available and what they cost. But watch out for shipping costs. I like operating tractors. I don't like working on them.

 

[Ricn]

I have a couple pieces of equipment I borrowed money to buy 2&1/2 years ago at 3.5-4%.
I hate borrowing money, but at 3.5% I’m feeling pretty good.
Plus since I borrowed (and used plenty of my own money) years ago, those dollars were worth much more back then. Those same dollars today are probably worth 15% less and prices on new & used farming equipment have risen.

My wife and I are putting some upgrades into our home of 15 years. New roof was paid for by insurance, driveway, painting, interior upgrades. We are going to sell and pray we make a great deal of profit. I plan to rent until the market collapses or war breaks out-further crushing our stagnant economy, then buy a new property at below market value.

We are screwed from so many directions. Inflation, high interest rates, impending war, 30+ trillion in debt, onerous regulations, high commodity, energy and food prices, socio-economic unrest…

 

[Ricn]

A blanket statement like the OP makes implies tractor lots all full everywhere and that is far from the truth. Maybe in his area it is; does that make it everywhere? Out west the only mid size tractors are those brands few will buy, yes there is the occasional Kubota, Kioti or Deere but the price on them means they are setting there. Maybe the "wave" is moving east to west?

 

[jyoutz]

Imagine what they would think if the men who signed the United States Declarations of Independence could see what the US govt has become today.

If you follow history, most of those signers were advocates of federalism, not individual states as the path forward for the new country. That’s why they went on to establish a Republic after independence.

 

[Yander]

It’s very stressful. There’s not too many places left to go. I have been praying a lot more lately and placing my faith in The Lord. We are controlled by evil forces. The pocket supercomputer is one, our leaders are another.
You may want to invest in hard assets. Land, Gold, Silver. Once this recession hits this fall, it’s going to get very difficult.

I've been investing in assets I can grow food with or help people growfood. Last year it was chickens a disc and a plow. This year I bought a new used tiller. And a few other implements and a trailer.

If you buy the implements right they're going to make you more money than your money is in the bank I bought a teller a year and a half ago for $1700 and sold it yesterday for $2,200.

 

[5030]

I bought a teller a year and a half ago for $1700 and sold it yesterday for $2,200.

You bought a bank teller...lol

 

[pretendfarmer]

If you buy the implements right they're going to make you more money than your money is in the bank

Not anymore. I believe prices have peaked. Just as inventories of tractors and vehicles are building, so are used items for sale. I believe we will be seeing the largest sale in history by the time the next recession gets rolling. People went nuts spending, and they're going to put it up for sale in exchange for money to pay the bills.

 

[5030]

Far as I can see the 'recession' is already rolling just fine. GDP is at just over 1%, a good indicator of it.

 

[Yander]

You bought a bank teller...lol

Lol, my text to speech does it's own thing

 

[5030]

I will say I've never gotten the 'jab' and my wife got Covid but I never did. Natural immunity, maybe. Test myself quite often, always negative. Virus don't like me I guess.

 

[Yander]

Not anymore. I believe prices have peaked. Just as inventories of tractors and vehicles are building, so are used items for sale. I believe we will be seeing the largest sale in history by the time the next recession gets rolling. People went nuts spending, and they're going to put it up for sale in exchange for money to pay the bills.

Could be right but I think it may be regional. I too see more equipment and tractors than even 9 months ago. Stuff is still selling around me. I notice the prices to be much cheaper in southern Ohio, KY and TN. In Central Ohio there is a lot of $$$ compared to the rest of the state of Ohio.

 

[rScotty]

Not anymore. I believe prices have peaked. Just as inventories of tractors and vehicles are building, so are used items for sale. I believe we will be seeing the largest sale in history by the time the next recession gets rolling. People went nuts spending, and they're going to put it up for sale in exchange for money to pay the bills.

Could be right but I think it may be regional. I too see more equipment and tractors than even 9 months ago. Stuff is still selling around me. I notice the prices to be much cheaper in southern Ohio, KY and TN. In Central Ohio there is a lot of $$$ compared to the rest of the state of Ohio.

I agree that a lot of it is regional and also believe more than we know is simply media driven to get viewers and sell advertising. I hear on the news and read in this and other places about recession, bum government, and sure ruin to come....but we don't see it out west.

In the western US we got hit hard by covid, not so much by poduct shortages. Nothing at all like what I read on TBN about shortages of tractors, implements, feed and seed, fertilizer and building supplies.
We had a few shortages at Home Depot, but back in stock by the end of the week.

It's true that costs have gone up and the ways to get around costs - walking or carpooling and such are totally inconvenient - but when costs go up so do wages so it seems more even.

Like you say, much of it is regional.
rScotty