LS resale

Notforhire · Jul 15, 2019

I've been looking at a LSXR4145 so I can make the change to hydro drive.

I was impressed with the LS.
The only thing that concerns me is the resale market.

I talked to a few of my friends/neighbors and they never even heard of LS.

Most of the newer tractors in my area consist of Massy, NH, Kubota, and Deere.

Has anyone around here sold their LS? What was the market like?

Diggin It · Jul 15, 2019

One guy just sold his MT125 fairly quickly to upgrade to a larger machine.

People may be unfamiliar with the LS badge even if they already own a machine made by LS such as some of the NH models.

LouNY · Jul 15, 2019

If you are buying with resale being a major consideration I'd recommend only looking at deere and Kubota.
If you are buying to use look at them all and get what fits you and your situation.
I grew up on Allis Chalmers and Farmall/IH, still run mostly IH or Ford/NH with a bit of Deere and I bought a Branson for my driveway tractor.

shooterdon · Jul 15, 2019

LouNY said:
If you are buying with resale being a major consideration I'd recommend only looking at deere and Kubota.
If you are buying to use look at them all and get what fits you and your situation.
I grew up on Allis Chalmers and Farmall/IH, still run mostly IH or Ford/NH with a bit of Deere and I bought a Branson for my driveway tractor.

Good advice.

I plan on keeping my LS for 15-20 years so resale was a minor consideration. But having said that, I think of LS as the new Kubota....entering the market with good machines that are below market value...so poised to appreciate down the road.

If you trade it early, you will lose a higher percentage than a Kubota, but if you wait long enough you will likely be pleasantly surprised....just like the early Kubota buyers.

Avenger · Jul 15, 2019

Due to the lack of knowledge around the LS brand, the resale will be somewhat lower than the same LS tractor with the New Holland logo. That said, when I was looking to purchase a tractor, I also looked at the used market. I did not see any used LS tractors for sale. I asked the LS dealer about that, and he said that people love them so much, they dont sell them.

I'm like that, I love my LS. I got a great deal on it and I will run it until it quits to the point I cannot fix it or cost more to fix than buying a new one.

If you are planning on reselling your tractor at some point, and that's perfectly fine, but you want to get the most out of it, sadly for now, I'd look at a different brand. If you want a tractor that is the same as those bigger brands for a better deal, cannot beat LS.

Notforhire · Jul 15, 2019

I've owned about 10 houses in my lifetime. Every time I bought one my intention was to live there for the rest of my live. I've had six (?) tractors each one I also intended to keep forever. Sometimes things don't always work out that way. That's one reason I always try to look at resale.

Avenger · Jul 15, 2019

Thats a really good reason! I pay attention to it, but I dont base my purchasing decisions solely on resale value. Not saying you are by any means. It's a good question to ask!

Cramblit26 · Aug 12, 2019

I know this threads a month old, but I have an example (sort of) that fits.
I've been wanting to upgrade from my XJ2025 (Gear) to a larger unit.
I went and talked to my dealer about possibly doing a trade-in.
It didn't go so well. From the time I was initially scoping out dealers and gaining product info before my first purchase up until this point, my dealer had been nothing but perfect in my opinion. They never failed to help me out with anything.
That was until I mentioned trade-in. I received so much run around from them for about two months, it was a little disheartening.
Eventually I had enough and just bluntly asked them what the issue way. Their reply was, because I had bought the gear drive version, that they didn't have a market to sell it. Therefore they could not take it as a trade in. Then they just stopped returning my calls all together.
I was extremely bummed to say the least.

Scottw32 · Aug 12, 2019

That’s unfortunate! It seems like gear tractors might be a dying breed because my dealer has had a nice, used 3037 w/ cab and a gear transmission on his lot for over a year now. When I asked him why it hasn’t sold he told me no one wants gear anymore. It’s all hydrostatic.

Avenger · Aug 12, 2019

Hydro is like an automatic transmission in a car. Try to find a manual anymore. Which is very sad.

The larger tractors are even going hydro, just like the big Semi-Trucks going automatic.

About the dealer: Dealers are great, until it's time for them to take a gamble. If there is the possibility of loosing money, they will pucker right up, especially these smaller dealers who dont move a lot of their inventory. I'd look to sell the tractor yourself, probably get more for it anyway. Or have the dealer sell it on consignment, if they'd take that challenge.

Industrial Toys · Aug 12, 2019

With a global downturn in manufacturing and talk of trade tarriffs at every turn, I would stick with the old names, but that's a personal choice. They may not all be around in future either, but I would guess, there is a better chance. I can get parts for a 50 year old JD. Even if they charge me $65.00 for a $3.00 run of the mill Bearing.

Cramblit26 · Aug 12, 2019

I ended up selling it to my uncle, for a sizable family discount.
Now it's time for me to source the next one, in the 35-40hp range, and once again a gear drive unit, shuttle actually.

sodamo · Aug 12, 2019

I suspect the situation would be similar regardless of color.

tookielee · Aug 12, 2019

I personally would never give the original dealer another penny of my business

Diggin It · Aug 12, 2019

sodamo said:
I suspect the situation would be similar regardless of color.

I forget the brand (maybe TYM? Not sure), but I recall a recent thread here about someone buying a 'new' machine that had been sitting on the dealer's lot for something like 7 years because they hadn't been able to sell it.

Dranrab · Aug 13, 2019

I have been pouring over used tractor ads heavily for the past month. ALL compact tractors seem to hold their value extraordinarily well based on the asking prices I am seeing.

Cramblit26 · Aug 14, 2019

I don't know...
I literally just let go of my 2yr old XJ2025 for $10K, only had 170hrs on it and included my 4ft brush hog.

sodamo · Aug 14, 2019

Cramblit26 said:
I don't know...
I literally just let go of my 2yr old XJ2025 for $10K, only had 170hrs on it and included my 4ft brush hog.

WOW, sounds like a bargain, why so low?

Cramblit26 · Aug 15, 2019

I needed to sell because I need to get a bigger tractor. Plus he's on of my favorite uncles.
My neighbor is moving out and taking his JD 4400 with him, leaving me with all the 1/2 mile private road maintenance.
The little XJ2025 is a solid work horse, but it gets it's but kicked by trying to move a decent amount of snow regularly, and is only able to make small swipes. I could have gotten it snow gear, but i figured that I'd be further ahead in year round chores as a whole just by upgrading.