What % off MSRP is comon in today's market?

[wampum]

It would be great and I imagine pretty profitable for Edmonds,Consumer Reports or someone to come out with a guide as to what is dealer cost,for a tractor. Like they do for for autos. It would be a great bargaining point,for negotiating the price of a new tractor. That way you could shop knowing dealer cost,and choose the dealer willing to come closest to it. I am not anti dealer as much as I am pro customer. Would it not be nice to have extra money in your pocket as opposed to having it in a dealers pocket?

 

[jenkinsph]

It would be great and I imagine pretty profitable for Edmonds,Consumer Reports or someone to come out with a guide as to what is dealer cost,for a tractor. Like they do for for autos. It would be a great bargaining point,for negotiating the price of a new tractor. That way you could shop knowing dealer cost,and choose the dealer willing to come closest to it. I am not anti dealer as much as I am pro customer. Would it not be nice to have extra money in your pocket as opposed to having it in a dealers pocket?

I feel that the deals I have received have been fair to both parties, I expect the dealer to make a decent profit. In my business making a profit is important to me as well. This holiday season with employees off duty I ran the emergency service calls for my good customers including Thanksgiving Day, Christmas Eve (late) and New Years Eve (late). To me good customers are the ones I like as well as paying me well and promptly. I know I can't buy the equipment we talk about here if I am selling my product at clearance prices.

 

[wampum]

I feel that the deals I have received have been fair to both parties, I expect the dealer to make a decent profit. In my business making a profit is important to me as well. This holiday season with employees off duty I ran the emergency service calls for my good customers including Thanksgiving Day, Christmas Eve (late) and New Years Eve (late). To me good customers are the ones I like as well as paying me well and promptly. I know I can't buy the equipment we talk about here if I am selling my product at clearance prices.

How do you know the profit was fair to both of you if you do not know the actual profit. I am not against a dealer making a profit,I am against them making to much profit. I like to keep money in my pocket also. I do not owe any dealer anything. When I purchase from them,they owe me good service. I am not saying to price themselves out of business,but knowledge in pricing gets you a fair price. A dealers biggest asset should be service,that will win him customers and keep him in business. Why should tractor dealers be different from Auto dealers. We can find out dealer cost of an auto and go from their. I have found dealers who price the exact same tractor several thousand more then other dealers. Does that make them better dealers? I think not,I believe as in anything,its not how much you pay but how well the product is backed. A dealer known for service I would gladly pay more for the initial purchase. But if dealer price were known,there would be an equal playing field. i am not looking for clearance prices I am looking for fair prices. Its like buying a Chainsaw from a box store,I will pay more to a good servicing dealer,but I do not like being gouged either.

 

[MessickFarmEqu]

the whole process is way to complicated to boil it down to a simple service like this. Equipment pricing is not so simple to say that X tractor costs X dollars. You've got discounts based on serial numbers, where you live, what other equipment you may own, and innumerable other programs dreamed up by people who seem bent on making my job as complicated as possible. If you want to know your paying a fair price, just shop around. Of course, you can also ask the salesperson flat out. I tell people our margin all the time, because when I do they always stop badgering me further!

 

[CinderSchnauzer]

the whole process is way to complicated to boil it down to a simple service like this. Equipment pricing is not so simple to say that X tractor costs X dollars. You've got discounts based on serial numbers, where you live, what other equipment you may own, and innumerable other programs dreamed up by people who seem bent on making my job as complicated as possible. If you want to know your paying a fair price, just shop around. Of course, you can also ask the salesperson flat out. I tell people our margin all the time, because when I do they always stop badgering me further!

Of course it's much too complicated for a simple customer to understand. One reason cars have a window sticker is to at least give customers a point of reference. With tractors there is no window sticker and many dealers / manufacturers do their best to make it difficult to find a common point of reference.

Nobody expects the dealer to sell without profit, however, it seems if a customer can be kept in the dark, so much the better. Years ago the largest local Sea Ray dealer always made up his own "window sticker" and gave everybody an automatic 10% discount. Only problem was his sticker was always at least 10% OVER MSRP. As long as the customers didn't shop around this scam worked for many years.

 

[JDGreenGrass]

Profit at every level of service is extremely important to all of us.

I know profit in my line of work is important but, I also want my vendors to profit well because I need them as dearly as they need me.

Profit is what makes the world go 'round. Don't crap on it. Shop around.

 

[buck12]

the whole process is way to complicated to boil it down to a simple service like this. Equipment pricing is not so simple to say that X tractor costs X dollars. You've got discounts based on serial numbers, where you live, what other equipment you may own, and innumerable other programs dreamed up by people who seem bent on making my job as complicated as possible. If you want to know your paying a fair price, just shop around. Of course, you can also ask the salesperson flat out. I tell people our margin all the time, because when I do they always stop badgering me further!

Messick you don't want to be badgered and most customers don't want to badger the dealer/salesperson so why don't dealers simply but a price tag on all items and sell the item for the price on the tag. It has been tried and it works at least for Walmart. There are few things I can think of that are more unpleasant than negotiating a price for a car, truck, tractor, ATV, etc.

 

[JDGreenGrass]

Messick you don't want to be badgered and most customers don't want to badger the dealer/salesperson so why don't dealers simply but a price tag on all items and sell the item for the price on the tag. It has been tried and it works at least for Walmart. There are few things I can think of that are more unpleasant than negotiating a price for a car, truck, tractor, ATV, etc.

It has worked for Tracker Marine as well.

 

[NuBota]

I guess I have a warped view - I always figure product should be bought and sold for what the market will bear. Obviously MSRP should reflect that to some degree, but is otherwise useless.

A good example would be pickup trucks - before the 90's a truck was one on the cheapest vehicles you could buy. Then they became popular and prices went nuts ( I was able to sell my '88 S10 10 years and 190K miles later for practically what I paid for it new). The auto manufacturers made a much higher margin on trucks for many years, and probably still do.

And be honest, when selling your house or something on CL, you look at what others are listed for and base your price on that, not what you paid for it or the book value - and probably with some haggle room built in.

Not siding with the dealers - and I realize our free market system is not what it used to be and has many issues. But I am not worried what margin the dealer is making if I am getting what I want at a fair market price - and that can only be determined by shopping around.

The market will vary by many factors like location, material costs, model, etc - if the subcuts are all of the sudden popular with a bunch of newbies, they will command a higher price, yielding a better margin, while big Ag tractors may continue to go at a much more modest margin.

A good dealer will price his stuff competitively and the bad ones will disappear. Pricing will fluctuate with supply and demand - And I guess I'm just fine with that.....

Just my $.02

 

[JDGREEN4ME]

the whole process is way to complicated to boil it down to a simple service like this. Equipment pricing is not so simple to say that X tractor costs X dollars. You've got discounts based on serial numbers, where you live, what other equipment you may own, and innumerable other programs dreamed up by people who seem bent on making my job as complicated as possible. If you want to know your paying a fair price, just shop around. Of course, you can also ask the salesperson flat out. I tell people our margin all the time, because when I do they always stop badgering me further!

Uwe iz rite misstur ain't no way i kin git it...