Market Watch

[rScotty]

At least it's a bargain compared the bicycle drawbridge in a nearby city...

So why don't both these threads get shutdown now since there is hardly any talk about the state of the tractor market?

What? You don't want to talk about bicycle drawbridges? There's got to be a tractor connection there somewhere.... well, that may be a bit of a stretch...

Maybe part of the problem is there have been so many good tractors built that now most everyone who wants one either has one or can fix one an old one up well enough to pass. Tractors aren't like cars that need replacing.... they are more like an industrial tool that just needs parts from time to time.
rScotty

 

[Cahaba Valley Farm]

So why don't both these threads get shutdown now since there is hardly any talk about the state of the tractor market?

Why didn't you support my attempts to steer the conversation back to the state of the tractor market several posts ago?

Market Watch

My brother told his kids they better have scholarships to pay for college and they all did. They are all pretty savvy on money having a dad that is self employed. I have two sons that are both college graduates. Both received the standard in-state tuition waiver (NM offers free tuition to...

www.tractorbynet.com

https://www.tractorbynet.com/forums/threads/new-tractor-sales-are-in-the-tank.466661/post-6664804

 

[Williy]

When someone maks a snide remark just consider the source!!

Is Kubota getting desprate?? I received a Kubota advertisement
in the mail yesterday!!!

willy

 

[newbury]

Why didn't you support my attempts to steer the conversation back to the state of the tractor market several posts ago?

You mean this postback at #239? (About 50 posts ago)

That's what I have been saying about free financing. It's not free.

Or was it before that even?

 

[D&D]

When someone maks a snide remark just consider the source!!

Is Kubota getting desprate?? I received a Kubota advertisement
in the mail yesterday!!!

willy

Nope, got a Kubota winter service ad in the mail for my zero turn. 269 to p/u, deliver change oil, plugs, check blades and belts. All parts at an extra charge (oil, filter, plugs, etc). the other coupon was for 10% off parts (not for use with service)
They have full lot of orange stuff too, cabs and open station large (under 100hp and small) I haven’t seen their delivery truck on the road in awhile.

 

[Muhammad]

Oh hey a tractor post!

 

[two_bit_score]

Absolutely some spending can be cut, but you are talking about funding state and local government. Texas has no income tax, so property, sales tax, and user fees fund all your local services like schools, police, fire, roads, ect… Cuts in those services are what people use daily and they are hard choices. Funding those things with sales taxes and user fees alone would indicate that buying anything in Texas would be very expensive.

Taxpayers have to make hard choices everyday. They can’t just “raise taxes” like government can.

There have been solid plans before the legislature which would eliminate property taxes with only a slight increase in sales tax and Fees.

The main reason for these not yet being adopted is the tax-and-spend liberals always become hysterical at the prospect that they will lose a revenue source to fund their grifting.

We give local governments the option to forgo property taxes on new business in their district for designated time. The tax spenders love this because they can grant ‘favors’ and pass the bill on to the tax payers. Us PAYERS are getting fed up.

(Id like to spend my money buying tractors and implements from TBN advertisers than paying property tax.)

 

[slckeys]

Nope, got a Kubota winter service ad in the mail for my zero turn. 269 to p/u, deliver change oil, plugs, check blades and belts. All parts at an extra charge (oil, filter, plugs, etc). the other coupon was for 10% off parts (not for use with service)
They have full lot of orange stuff too, cabs and open station large (under 100hp and small) I haven’t seen their delivery truck on the road in awhile.

When I pass Messick's, I typically see something on most their delivery trailers. But hey, maybe they shuffle things around just to look busy too.

Sent from my SM-G981U1 using TractorByNet mobile app

 

[Cahaba Valley Farm]

You mean this postback at #239? (About 50 posts ago)

Newbury, I left a link for you in my post. Did you not see it?

Or was it before that even?

That was another reference to the tractor market.

 

[Williy]

The nearest Kubota dealer from me is over 3 1/2 hours
I would never drive that far as I don't have anything Kubota

willy

 

[milkman636]

When I pass Messick's, I typically see something on most their delivery trailers. But hey, maybe they shuffle things around just to look busy too.

Sent from my SM-G981U1 using TractorByNet mobile app

I remember reading about a similar tactic in Ben Franklin's autobiography. When he lacked work as a young printer, he would periodically push a wheel barrow full of paper through town just to appear busy and prosperous. It's funny to think of modern businesses still doing that nearly 300 years later, but I guess it is entirely possible.

My local Kubota dealer is full-up on new equipment of all types too, and I wish I had a real reason to try some..........hmmm, maybe window shopping would be doing a favor and helping him look busy?

 

[2manyrocks]

I'm seeing more used skid loaders for sale on FB marketplace. Some are showing markdowns, but I'm wondering if showing the mark down is just a marketing tactic to make you think it's a better deal?

 

[CloverKnollFarms]

On tractorhouse, used tractor prices still seem extremely high. A 2019 Kioti 48Hp unit for $38k? Open station? It wasn’t that much new

 

[Lastkidpicked]

On tractorhouse, used tractor prices still seem extremely high. A 2019 Kioti 48Hp unit for $38k? Open station? It wasn’t that much new

Part of the problem might be people looking at the price of new equipment and thinking, "If I don't get $38K for my tractor then I'll just keep it instead of replacing it."

 

[CloverKnollFarms]

Part of the problem might be people looking at the price of new equipment and thinking, "If I don't get $38K for my tractor then I'll just keep it instead of replacing it."

True, but these are dealers.

 

[Lastkidpicked]

True, but these are dealers.

There is one thing I don't understand about tractor dealers. On the automotive side, we see people come in every day and say, "I'm looking for a truck a few years old with under 100,000 miles on it." And those trucks are GOLD. We sell them at a higher profit margin than brand new trucks.

I would think tractor dealerships get the same type of customer. But many on here tell of wanting to trade in or consign to the dealer and the dealer not wanting that trade.

There must be a reason that I don't know about.

 

[2manyrocks]

^i went through that this year trying to trade a used Mahindra with brake and bull pinion seal issues I disclosed to the dealers. Most of them wouldn't touch it. Finally found one used tractor dealer to take it and he sold it within a few days after he got it on his lot. I should have sold it myself...

 

[5030]

I just found out the local Massey Ferguson dealer bit the dust and is no longer in business. Can't say I'm too surprised. There were signs of major cracks that I picked up early on. I remember that dealer telling me they were selling the heck out of those tractors yet they had a yard full of them all the time. Now they went belly up. The economic storm that is hitting this industry is real.

Not playing out that way here yet... I'm still getting called in to deliver new units as well as used ones and pick up trade in units as well and the shop is busy also. Been helping out a bit with wrenching, mostly combines presently.

 

[2manyrocks]

Whether a particular dealer survives or not could depend on many factors such was whether farming is still a strong area of the economy in the region where the dealer is located. Any particular dealer's financial strength could also depend on how well the dealership has operated over the years. I'd say there are too many unknown variables to assess the strength of tractor sales without knowing more about the particular dealer's situation and that would mean having inside information on the dealer's financial strength, too.

I can think of a dealer started by a guy that was pretty good when he was alive to run it, but I'm not so sure his widow can handle it now that he's gone.

 

[5030]

My Kubota dealership changed ownership one time. Went from dad to son.