orangebluegreen
Gold Member
Would be interesting the views from as many people as possible what they think is right for discounting per hour on used machines. I have seen anywhere from 12-20 dollars per hour mentioned, this is an awfully large spread. Obviously a dealer is going to have a different answer than an individual, both sides input would be good.
Perhaps this is discussed in the “Compact Tractor Guide” but I have not seen the book.
My thinking on the subject is.....
MSRP minus 15-20% original discount minus rate x hours and adjusted up/down for overall wear condition and availability of other equal machines. That leaves too much room for error.
Example:
MSRP 15,500 – 15%=13,175
800hr x $10. per hr=8000 for $5175 price. (13,175-8000)
800hr x 12=9600 for $3575
800hr x 20=16,000 THEY OWE ME haha!
You see the problem.
Obviously the adjustments would be made for implements. Curious also if there is a difference in the “rate” if the hours are lower vs. higher and where that would start to change i.e...at 100-200-300-500 etc?
What do most of you use??????
Perhaps this is discussed in the “Compact Tractor Guide” but I have not seen the book.
My thinking on the subject is.....
MSRP minus 15-20% original discount minus rate x hours and adjusted up/down for overall wear condition and availability of other equal machines. That leaves too much room for error.
Example:
MSRP 15,500 – 15%=13,175
800hr x $10. per hr=8000 for $5175 price. (13,175-8000)
800hr x 12=9600 for $3575
800hr x 20=16,000 THEY OWE ME haha!
You see the problem.
Obviously the adjustments would be made for implements. Curious also if there is a difference in the “rate” if the hours are lower vs. higher and where that would start to change i.e...at 100-200-300-500 etc?
What do most of you use??????