Buy a model sitting on the lot for over a year??

[Nitro-Fish]

I would check to see what people on here have paid for the tractor you are looking at, in the model year you are looking at i.e. if it's a 2008 of whatever model, what did the tractor sell for in that year, compare the price paid in the model year to what the dealer is asking for it now, then compare that price to the price of the same tractor in a 2010 model. I would think you should be able to tell if you are getting a decent deal after comparing the difference in model year price, just remember if it is two years old there have been at least 2 price increases since it was placed on the lot; most dealers will want to make a customer a decent deal just to get the older equipment off of the lot which will give you more buying leverage. The local dealers in my area will give the same finance rates on the "new older year" machines as they do on the current model year. Hope this helps.

 

[jinman]

I would check to see what people on here have paid for the tractor you are looking at, in the model year you are looking at i.e. if it's a 2008 of whatever model, what did the tractor sell for in that year, compare the price paid in the model year to what the dealer is asking for it now, then compare that price to the price of the same tractor in a 2010 model. I would think you should be able to tell if you are getting a decent deal after comparing the difference in model year price, just remember if it is two years old there have been at least 2 price increases since it was placed on the lot; most dealers will want to make a customer a decent deal just to get the older equipment off of the lot which will give you more buying leverage. The local dealers in my area will give the same finance rates on the "new older year" machines as they do on the current model year. Hope this helps.

I'm not trying to be contrary because you make a very valid point. However, if you look at the current prices on tractors on a dealer's lot and then look at the price of the 2-year old tractor, you can certainly make a valid extrapolation of the selling price of the older tractor. If both tractors are unused and the older one is $2000 cheaper when configured the same, you can be sure that the older tractor is a significant savings over new. It works your way and my way, you just have to work with whatever info is available.

 

[sweettractors]

If it setting on the dealers lot for 2 years, I would almost bet that he would cut it loose at cost or maybe less. Every day it sets there, it is costing him interest one way or the other. Ken Sweet

 

[doall]

My dealer knocked $1500 off for a 3040 that had been on his lot since march of this year. He had 4 other ones he had for 3 weeks. He must really not like for tractors to sit around.

 

[lawn_king]

I have purchased 3 new kubotas in the last 10 years. The bill of sale declared the model year of each tractor in bold black print.

 

[MtnViewRanch]

I have purchased 3 new kubotas in the last 10 years. The bill of sale declared the model year of each tractor in bold black print.

May I ask why? Up graded, like the new tractor smell, wore them out, just needed more tractors? :confused3:

 

[Nitro-Fish]

I'm not trying to be contrary because you make a very valid point. However, if you look at the current prices on tractors on a dealer's lot and then look at the price of the 2-year old tractor, you can certainly make a valid extrapolation of the selling price of the older tractor. If both tractors are unused and the older one is $2000 cheaper when configured the same, you can be sure that the older tractor is a significant savings over new. It works your way and my way, you just have to work with whatever info is available.

Definately, both ways work! I have seen several ads (as well as been to many equipment auctions) and notice the resale values of tractors that are just a few years old with low hours on them. If you compare the prices that are being fetched for these used machines, I would not hesitate one minute to purchase a New Old Stock machine that would still carry the manufacturers warranty and allow you to be able to capitalize on the great finance plans available today. Again, if you go this route, don't just settle for what they were selling for in the model year you are looking at; make sure you negotiate the best deal for you and are comfortable with it. Remember the dealer may have been able to sell the given tractor for a given price in it's current year, but he still did not pay suggested retail for the machine (or even 15-18% below suggested retail as some use for a purchase price guideline here), therefore he should just be looking to get his money back as well as move the machine. The deal you negotiate should be more in line with what the dealers invioce is for the said machine, not retail value at the time. I was just referencing retail for the model year at the time for a starting reference, then you will have some kind of idea where you need to be so you are not being taken advantage of by the dealer, it's at this point that you can work backwards from until you are comfortable with the deal, remember, he wants it gone just as much if not more than you want it!