FarmTrac Troubles

[longtrman]

Case1570,

Can you tell us what deal LewPack has to offer? How much the commision is and where the tractors are to be sent for loading on the boat? Thanks

 

[32Ford]

This whole thing is such a tragedy.........such a good product....now people are running away from Farmtrac like people running from a skunk at a picnic.....all because of LIES......telling dealers to order plenty of tractors because they would "never come due"......telling customers that they would get a check every six months if they financed under the "less than zero" program......and the dealers being told since January that everything will be worked out in "a couple of weeks".......the brand, I am afraid, is totally destroyed......ALL BECAUSE OF LIES!!!!!!!!!!!

I am a Farntrac owner that has been caught up in this mess also. tommybr is absolutely correct with his comment. It really grinds me that the management at Farmtrac took an attractively priced high quality product and destroyed it thru ineptness, stupidity, etc. I am sure the upper managers in this mess will not be impacted in the least. Do you think they will loose any money on this, I doubt it. Probably will get a promotion out of it!!!

 

[rascoil]

All I can say about this company is that even a Vulture lets its meal die before eating it. That is about all I have left to say about Mr. Pack. I feel he is the first of many to come. But with the relations with Gherkin sorta sours that for me. Plus the relationship with Gherkin with a auction company he owns part of is a little conflictive to me. Right is right and wrong is wrong.

All we need is some Justice

 

[Iowachild]

I have been following this thread because Farmtrac"was"on my short list for when I can buy a new tractor. Read this article in The Daily Southerner and it seems to paint a some what different picture on the issue of warranties. Maybe I'm just confused.

 

[SESS]

Don't be confused-we dealers and current owners are already there! Very brief summary: Farmtrac closed doors 1/18/08 to regroup and "temporarily" laid off 180+ people, was put into receivorship by the court because of millions of dollars of debt out the wazoo, partially reopened to assemble what unassembled tractors (900+) were up there, get rid of parts that are held up there, clean up the place for an auction (which the auction company is co-owned by the new Farmtrac CEO and asst receivor) that is scheduled to be held on 4/25-supposedly not for any of the NEW tractors, just all the other "stuff" they have, all in the meantime while customers are without complete warranty service, dealers have no "real" way to sell the tractors on their lot because there is no financing AND no warranty for the tractors and they are spending thousands of dollars each month for interest to Textron that Farmtrac told them that they would "never" have to pay for. I think that is basically it in a nut shell-fellow readers, did I miss anything!

PS: I hope sarcasim doesn't appear in this note, because its not sarcasim, its anger. You honestly are missing out on a good tractor, but I can't blame you one bit for walking away from the brand. Maybe one day a good name can return for the blue tractors.

 

[Iowachild]

Thanks SESS! I really can't blame you dealers for being angry. Feel real bad for you guys. Whether it was bad management or greed or both, you're the guys holding the short end!
I checked out a 270 last fall and was very impressed with, but when I shell out my money for a new tractor, I will want a warranty.

 

[Tim D]

WOW. I have not read this thread for two days. A lot of reading and a lot of information. I am a proud satisfied owner of a Farmtrac and are even more proud of you guys that are keeping the rest of us informed. Keep up the good work and I keep hoping one day soon that the good news we have been waiting for is posted.

 

[Brentwood Power Equipment]

Hey,B.S. from Textron, are you following this? Give us your words of wisdom.

 

[taxpayer]

does anyone know anything about the distibution terminal that Farmtrac had set up in Collins MS?? there is susposed to be around 200 units stored there and nothing has been mentioned. I know there were tractors there because I saw them.----Taxpayer

I am still waiting for someone to comment. I hope i am not imagining things.

 

[case1570]

longtrman
Can you tell us what deal LewPack has to offer? How much the commision is and where the tractors are to be sent for loading on the boat? Thanks

Sorry I was out for a while. I will try to respond the best I can on my deal with LewPak. I know they are also on the site so they may answer also or lay low until the dust settles. I as did many of you, called to see if I could buy a tractor and catch them selling in the USA. They seemed honest so I stayed in contact over the last week. I stated earlier that I think they were trying to make an honest dollar but may also have been led astray by nameless big corporations. After the web site blew up I asked if they could work with the dealers. They showed interest. We then agreed on a price I would be willing to take for the tractors(someone has to be the guinea pig). They agreed that they would put a fair commission on it for their time and try to move the tractors. Each deal my differ but I think something in the 3-5% range is fair. He stated they would take care of all logistics. I believe they know this business better then we do. Please Email them for specifics. I feel this avenue is the best because it does not steal market share from the other CUT companies or dump a two year supply on the USA market. I am willing to try this rather than leave my future up to the people who have been knocking us around lately. I hope I have given everyone a basic guideline to work with them. Please keep in mind to cover your own tracks with this. Never ship anything or release it until the wire transfer hits your bank, pay Textron to keep them off of your hide, and give a price to LewPak you can afford. This is only a suggestion. I am going this route to see what happens, if it does not go well I will be the first to eat my blue farmtracs.

Case