Glad I Purchased My Tractor Last Year

[LFP57]

I just checked the current pricing on the same tractor I purchased early last year, WOW, the base price went up over $3k, to order the tractor now with all of the same options would have cost me about $4k more!! Seriously doubt that the prices will ever go back down to any thing near where they were.

 

[5030]

If anything they will increase. The 'god old days' of cost are gone forever.

 

[LittleBill21]

I bought mine used. i use to get 1-2 tractors a week in my email for sale. I haven't seen one in 3 months, never thought it would be worse this year. I am thrilled I got mine when I did.

 

[Tinhack]

Seriously doubt that the prices will ever go back down to any thing near where they were.

Can't recall prices ever going down to where they were. Otherwise, you'd be able to buy a full size Chevy for $3500. The same goes for food, clothes, water, electric or anything else you can think of. I remember when milk was 49 cents a gallon and came in a glass jug.

 

[5030]

The glass bottles are very collectable as are the pasteboard tops.

 

[LFP57]

Can't recall prices ever going down to where they were. Otherwise, you'd be able to buy a full size Chevy for $3500. The same goes for food, clothes, water, electric or anything else you can think of. I remember when milk was 49 cents a gallon and came in a glass jug.

I don't expect prices to go back to what they were 40 years ago, the OP indicated a one year delta. I think it's really obvious why there's a huge price jump going on now, but with technological deflation, the natural tendency for things to become cheaper due to advances in mining/manufacturing, a can of Coke should be cheaper than it was 30 years ago.

 

[5030]

Factoring in inflation and the declining value of the dollar it really costs about the same as it did 30 years ago... Bidenflation to be exact.

Problem with purchasing a new unit today beside a price increase is availability. None new to be had or very few and to order one today, you'll wait at least 3-6 months for it, depending on what you want.

Tractor House is loaded with used units if you want to go that route, but even used units are tracking up with inflation as well. Myself, I don't much like used because you have no idea if it was taken care of or beat on and no warranty either.

 

[Thomas]

Even used tractors are getting hard to find at dealer,have feeling auctions will have increase on farm equipment.

 

[jyoutz]

Factoring in inflation and the declining value of the dollar it really costs about the same as it did 30 years ago... Bidenflation to be exact.

Problem with purchasing a new unit today beside a price increase is availability. None new to be had or very few and to order one today, you'll wait at least 3-6 months for it, depending on what you want.

Tractor House is loaded with used units if you want to go that route, but even used units are tracking up with inflation as well. Myself, I don't much like used because you have no idea if it was taken care of or beat on and no warranty either.

Simple supply and demand at work, not politics. Covid interrupted the supply chains (and exposed weaknesses in the supply chain). Now just about everything is in short supply, but demand is still high. Costs increase. Also the steel tariffs a couple years ago really affected everything made of steel. The tariffs were supposedly adopted to protect US steel, but instead, US steel just increased prices. Now both foreign and domestic steel is high priced.

 

[RalphVa]

I'm astonished at how much a tractor like my JD2025R is going for, within about $2k of what I paid for it in 2015 Still waiting for the Kubota dealer to tell me what he is giving me for the JD and how long it will take to get the Landpride box blade. He has the tractor and loader. That's why I travelled over 2 hours ago to go to him. My friend of 50 years who lives near there and who has bought 3 tractors from there showed up at the dealership.

None of the 3 Kubota dealers near me have any loaders.

 

[Jstpssng]

Maybe it's time to sell my 8N which is setting out in the field for the last ? years, waiting for engine and other work.

Like the OP, I'm thankful that I bought when I did. It's been paid for for a year, and is ready to go whenever I need it.

 

[5030]

Even used tractors are getting hard to find at dealer,have feeling auctions will have increase on farm equipment.

Considering how inputs are spiking (examples: seed corn is over 400 bucks a bag, up from 325 last spring, 46 granulated urea is up over 35% a bag more than last year, herbicides like 24DB are up 30%, fuel is up at least 30% (off road diesel), gonna be a ton of late model used equipment up for sale because farmers are gonna go **** up this coming year. Bank on it. Farmers today are leveraged out as it is. Not going to take much to push a lot of them over the edge into bankruptcy.

Just look at the sheer numbers of late model tractors and implements for sale on Tractor House and Auction Time.

Not talking about hobby tractors, I'm talking about ag tractors and tillage equipment.

Myself, again, I don't like buying a pig in a poke used, I prefer new but I don't have the key to Fort Knox either. New ag tractors are priced beyond my means today.

 

[Tinhack]

Just look at the sheer numbers of late model tractors and implements for sale on Tractor House and Auction Time.

Not that many considering it's a national list. Nary a one near me.

 

[5030]

Sold one in TH in 2 days and the guy came 600 miles to fetch it.

 

[EddieWalker]

I ordered a Massey Ferguson 2 months ago and locked in my price. It might be here this month, or it might be here in 4 months. I'm terrified that when it gets here, they will tell me that it's going to be more money. I have a signed contract, but I honestly don't know what recourse I have if they change the price. I'll walk away from it, and they will sell it to somebody else at the higher price. The wait is making me nervous.

 

[bdhsfz6]

I just checked the current pricing on the same tractor I purchased early last year, WOW, the base price went up over $3k, to order the tractor now with all of the same options would have cost me about $4k more!! Seriously doubt that the prices will ever go back down to any thing near where they were.

Same here.

I was lucky enough to get a new L6060 HSTC last December. Now, I see the price is up by $4300 for the same tractor! That's assuming you can even find one now.

 

[jyoutz]

I’m glad that I took delivery of my MX6000 on December 1. I haven’t looked at current prices, but I’ll bet the increase is significant.

 

[Plant 175]

When I went today to pay for my B2601 dealer said tractors up 6% and loaders up 9% at the start of the year. Didn’t stop many he sold 3 more tractors already today.

 

[3 Horse Ranch]

Tractor House is loaded with used units if you want to go that route, but even used units are tracking up with inflation as well. Myself, I don't much like used because you have no idea if it was taken care of or beat on and no warranty either.

I was at a tractor dealer Thursday and they showed me around their shop. They had 2 year old 50 hp tractor in there that the owner uses as his daily driver. He can't get a drivers license, but ag is exempt so he takes it to Safeway, Walmart, etc. and clears snow off driveways and parking lots for extra cash, The problem, he apparently never takes it out of 4 wheel drive. So they were fixing it again under warranty. Problem is you would never know how abused the drive train was by looking at pictures because the tractor was in otherwise beautiful condition.

 

[Midniteoyl]

I just checked the current pricing on the same tractor I purchased early last year, WOW, the base price went up over $3k, to order the tractor now with all of the same options would have cost me about $4k more!! Seriously doubt that the prices will ever go back down to any thing near where they were.

This is exactly why I bought my tractor and truck at the beginning of the year. You could tell that the prices that were already starting to creep up due to the shut downs were going to rise even faster from inflation.