BryceSteiner
Bronze Member
Seeing the post this morning about the decline of the new tractor market made me think.
What is the expected deprecation of used tractors?
How much per year or per hour can you expect your equipment to lose in sale value on the used market?
I'm sure it matters if you are picking up a JD or Kubota vs other brands like Kioti, TYM etc. What difference does that make on a used sale?
Would it be fair to say that you lose 30% the first year just because of the dealer costs?
If you are picking up a used tractor from a dealer vs a private party how much more would you pay?
Did people who bought in late 2020 to mid 2022 potentially lose out if they were expecting to sell now because of the loosening of the market?
Hopefully this makes sense. I appreciate your thoughts!
What is the expected deprecation of used tractors?
How much per year or per hour can you expect your equipment to lose in sale value on the used market?
I'm sure it matters if you are picking up a JD or Kubota vs other brands like Kioti, TYM etc. What difference does that make on a used sale?
Would it be fair to say that you lose 30% the first year just because of the dealer costs?
If you are picking up a used tractor from a dealer vs a private party how much more would you pay?
Did people who bought in late 2020 to mid 2022 potentially lose out if they were expecting to sell now because of the loosening of the market?
Hopefully this makes sense. I appreciate your thoughts!