When i visited family in Canada some years ago, i saw that most Dutch immigrants that came there in the last 5 years, had taken their tractors with them, one even traded his European model IH 1056 for a Maxxum, because parts would be harder to get for the European market 1056 than for the Maxxum which is built in Germany and the USA both.
IT has two reasons: First one is, they dont have to blow as much money when the Dutch government wants to see tax over the sale of their farm in Holland, and the other is the incredible prices in the USA and Canada, for used equipment.
Do Americans and Canadians just "dont have a clue" when paying the price of new for something 5 years old, or is there a tax or financing reason which makes it cheaper to buy used ???
My brother bought a brand new horse trailer. When buying new, he could deduct 19% of VAT off it as a company purchase. On a used trailer the tax return has already been given to the original buyer, so it would be more attractive to buy new, get 19% of VAT back, than to pay 19% less for a used trailer and NOT get the VAT back.