Does buying an "almost new" CUT make any sense?

chim · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

As others have posted, a lot has to do with the deals you can find. When I was ready to buy, I spent a fair amount of time looking and learning what was available around here. When looking at the numbers, condition of the used equipment, condition of the attachments, tire types, etc. I decided to buy a new one. It could very well be that a week after I bought my new tractor a used one came onto the local market that would have been a better choice. It does kinda surprise me how few hours some used tractors have. I saw some with only double digits on the hour meters. Of course, they had prices so near new that I figured I'd be ahead by simply getting a new one and breaking it in myself...............chim

jwstewar · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

I know how you feel. When we were looking, it didn't seem like to many newer, decent used ones were available. Found a few a dealerships, but like you said they usually weren't much lower than new. The ones I found typically either didn't have a loader or the bucket (and he knew what else) was bent all out of whack. I also knew that I wanted a MMM. Either they didn't have one or it was like the loader and bent to pieces and rusted. Found a few older Fords and such but most of them were around $3000 and I wasn't sure they would make to the end of the driveway and I still didn't have a loader or attachments. If they looked somewhat decent they were even higher in price and then who knew if (borrowing from the Unimog thread) it was a Sherwin-Williams overhaul /forums/images/graemlins/laugh.gif. On top of all of this was the great financing offers available. Ended up buying new and having regretted the decision once - OK, maybe a little bit each month when we write that check, but then I go mow the grass and remember that it is worth it. /forums/images/graemlins/grin.gif

TCowner · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

This is a tough issue as I generally agree with the majority of posters here. I buy new because I like the latest features and the warranty. However!

The fact that there are many buyers who are looking for clean, sometimes like new, low hour used tractors makes our life a little easier especially if there is someone in your house that may frown on tractor buying.

Each time there is a buyer for our used, low hour, clean tractors it means less of a beating at trade-in time. If buyers will only purchase our used tractors at cheap prices then expect a lot of pain when its time to trade. Frankly, the person who purchased my two year old TC40D with 350 hours probably saved about $3000 off a new one. My tractor was given its service at the each step. The tractor was washed and waxed and it looked like new.

I spoke with buyer a week or so before he bought it and he was very impressed with the appearance and condition of the tractor.

So in my opinion it comes down to this. Someone saves $3000 and lets me take the depreciation hit. Its very likely that the buyer will have hundreds of hours of trouble free service but of course there is a risk. That is the disadvantage of no warranty.

But if everyone has the opinion that a two year old tractor must sell for 5,6, 7 thousand dollars off new then we will have to keep them a lot longer. If it costs $6,000 to trade at two years what will it cost at 5-6 years?

I'm one who appreciates the fact these folks exist.

frank_f15 · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

it would have to be an exceptional deal to make it worth it. for the diff. you are talking aout i would probably go with the new unit.

GerardC · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

</font><font color="blue" class="small">( Why would I NOT go for the new tractor?)</font>

You shouldn't. G

Ledgemere Farm · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

I bought my Cub 7260 used with 40 hours on it. The dealer used it as his personal machine for about 6 months. He sold it to me with the full warranty for 3k less than a new one. I also got the financing from Cub as new. It is know 6 years old and has never been back to the dealer. It runs like a clock and i would never part with it. /forums/images/graemlins/grin.gif

Woodbeef · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

I'd have to say go new unless you can save at least 25%,especially with the incentives these days.

1savoy · Jul 31, 2004

Re: Does buying an \"almost new\" CUT make any sense?

HighTwelve,

I have to agree with everyone that for a couple thousand savings, it is not worth the risk to buy used. The one thought that may also play in to the used purchase is sales tax. Here in NY the sales tax (8.25%) on the new tractor you mentioned would be an additional $1,588.13. If you can buy tax exempt, then this is not an issue. Just a thought and good luck in your search.

Russ

Birdhunter1 · Aug 1, 2004

Re: Does buying an \"almost new\" CUT make any sense?

I haven't been in the tractor market per se, but I have been looking at trucks. My dad is a Ford salesman and on the lot there are several re-owned Fords that I like that are equipped the way I want one. I had never had a NEW truck buthe used with under 30K were not much lower than a new pcikup equally equipped with absolutely no miles on it and a full warranty. This afternoon I bought a NEW F-150, with low interest and rebates I ended up $40 cheaoer than a used one equally equipped.

goatman · Aug 1, 2004

Re: Does buying an \"almost new\" CUT make any sense?

I am not saying any thing that hasn't already been said.. If you buy used and don't have the advantage of Lower interest rates and warrenty .. Then you should get a 2-3 k below new.. As has been mentioned The cuts in bgood shape low hours do seem to hold their prices... /forums/images/graemlins/smirk.gif /forums/images/graemlins/smirk.gif