I tend not to agree with this. The 0% financing incentives that many tractor companies have been offering for the past few years has driven down the prices of used tractors somewhat, and conversely made possible many sales on brand new tractors.the used tractor values go up an down according to economy an tractor brands.take the last 3yrs most tractor sales have prolly been used tractors insted of new unless people have the cash for the new 1.
Why would I pay, for example, a private seller US$14,000 out of my pocket on a used and possibly abused compact tractor w/ FEL when most any of the "tier 1" tractor companies (e.g. K, JD, etc) are offering no-cost financing on a new model with warranty? In this instance I would have 5 years to pay off US$15,000, at no financing cost to me. Contrast the cash-flow and risk difference -- it's not even a contest. Plus you can roll any needed implements into the no-cost financing...
Wrooster