Tractor Sales In This Volatile Market

polarred21 · Mar 15, 2020

What do you guys think?

Will dealers soon be begging you to come buy and offer great deals on current inventory?

OR

Will dealers hold out for the better price being unsure when their inventory will be replenished?

I think we can agree the economy is getting ready to take a hard hit, just wondering if anyone is seeing it's affects so far concerning tractor sales.

Peter 315 · Mar 15, 2020

Only time will tell wait a few weeks and see.....:2cents:

Racenut · Mar 15, 2020

If this lasts a few weeks or a month or two, I hope that most can weather that storm. If that's the case, I do believe that the economy will bounce back well. If this drags on for longer than that, tractor deals will be the least of your worries.

Diggin It · Mar 15, 2020

Maybe the finance companies will forgive all outstanding loans.

arcadelt · Mar 15, 2020

Diggin It said:
Maybe the finance companies will forgive all outstanding loans.

arcadelt · Mar 15, 2020

I think it depends on what sector of the tractor market you are thinking about. IMHO, many sub-compact and a good proportion of compact tractors are a luxury (discretionary) purchase, so the impact and response will be similar to other luxury goods. The remaining compact and nearly all utility tractors are more non-discretionary, so the impact and response will be somewhat different.

ruffdog · Mar 15, 2020

Dow futures have already hit "limit down" ....dow is down 1000 points.

caver · Mar 15, 2020

I had the same thought as polarred21 going through my head as I'm in the market to replace my camper I sold in November.

Tomtint · Mar 15, 2020

The best time to buy is when things are on sale... if you are in a position to invest......I'm not a big believer in the stock market...but I think this is a opportunity that may not come by again any time soon. I can see the Dow at 20k in th next few days or weeks..and back at 30k in a few months.

Monster5601 · Mar 16, 2020

Tomtint said:
if you are in a position to invest......I'm not a big believer in the stock market...but I think this is a opportunity that may not come by again any time soon. I can see the Dow at 20k in th next few days or weeks..and back at 30k in a few months.

Yep.

As their panic wears people will realize the out-breaks are pocketed, there will be a release of a lot of pent up market energy. This coupled with historic low-interest rates, watch out.