Mahindra msrp's

[wallace]

I have a question for the consumers that are interested in the MSRP.
What % do you think you should get off the MSRP to make it a "good deal"

 

[Sandtiger]

First, when I look at the MSRP of something, it allows me to get an idea of the actual cost of the piece of equipment, and what the delta is between machines from the same manufacturer. For example, the 2815 vs the 3215. I had no idea of the cost difference or between the machines or even if they cost $10,000 or $20,000.

The same can be said comparing the Mahindra to the Kioti machines. Neither have (had?) MSRP's on their website, so how do I know what compares price-wise.

As a percentage off the MSRP, I personally just don't want to feel ripped off. Yes, I have a budget and sure, I want a good deal, but it is just as important (to me) that the dealer make something off of it, since I need to keep him/her in business. In some ways, I would love the dealer to say, the tractor costs me this much and I need this much more to make a good living. Take it or leave it.

That being said, I enjoyed visiting your (Wallace Tractor and Equipment) place since you have both brands I spoke of. Plus it was very pleasant talking with you and the low pressure, open way you do business is great.

Okay, give me 61.73% off MSRP

Sorry if this doesn't answer your question.

Sandtiger

 

[BobG_in_VA]

I haven't had much to say lately, as nothing is wrong with my Mahindra.....It seems most of the posters here have the CUT models. Sorry, I don't have one of those. I find the dealer's responses to be great on this particular forum; especially on the technical issues. I suppose if you go back about 3 or so years you can find the thousand or so posts I've made on this and other subjects.
As far as MSRPs, its a good thing to have them posted. Having said that, I'm of the opinion that a dealer shouldn't ask "how much off of MSRP do you consider a good deal to be???" If I've done my homework, I know how much I'm willing to spend...either the dealer can say: "This is my best price..." I will take him at his word...if its higher than my #, I'll say thank you and get on down the road, as I usually ain't gonna d++k around to see if it really is...Just my $.02...and yeah, you can take it or leave it as well. Sorry for the sorta rant, but it's 98 degrees here today with a crapload of humidity...BobG in VA

 

[AchingBack]

I have a question for the consumers that are interested in the MSRP.
What % do you think you should get off the MSRP to make it a "good deal"

Educated car buyers have learned you can beat down the dealer on price if you have enough savvy. We've read there is a big difference in dealer invoice and MSRP. I didn't have that impression of the tractor industry. Am I wrong, Wallace?

When I bought my 2615, 3 years ago, I had no idea of MSRP's on any of the red, green, orange, or blue tractors I was looking at. My decision on which to buy was based on: Fit, feel, manufacturers specifications for the model, and how it related to my needs, and the Mahindra 36 month, zero interest financing. Secondly, the dealership was a small, long established company, and providentially, the closest of all colors to my farm.

I had it in my mind that there might be some room for a price break, and I offered $200.00 below the asking price. The salesman's counter offer was; if I paid the $150.00 it cost them to fill the rear tires with calcium, we had a deal. My savings was a mere $50.00, and I was satisfied. I don't care how much profit, or commission was made. I think the salesman respected my one and only reasonable attempt to get a deal, and has expressed his appreciation by giving me good deals on implements, and excellent, friendly service.

 

[DonWorrell]

MSRP is nothing more than a reference point. As far as I know tractors are not fair-traded. A dealer can sell his tractor for what ever he wants. But I can say a Mahindra 35 hp tractor list for $14,000 verses a Kubota 35 HP list at $15,000. Now I have to compare what I am getting for my money.

Don't ever get into buying a discount. Dealers could add accessories and price them for any amount I desire. If they do this they can pad the MSRP by hundreds if not thousands and give you all kinds of discounts.

Always compare what you get fior the dollars spent. Don't be that concerned about the % off.

Don

 

[MessickFarmEqu]

MSRP is nothing more than a reference point. As far as I know tractors are not fair-traded. A dealer can sell his tractor for what ever he wants. But I can say a Mahindra 35 hp tractor list for $14,000 verses a Kubota 35 HP list at $15,000. Now I have to compare what I am getting for my money.

The problem here is that you can't really compare. Different companies have a different spread between MSRP and dealer cost. You've also got no factor for sales programs, financing, cash discounts, etc. Since I deal with CNH and Kubota, I can say with certiantly that you can know the MSRP if you like, but its totally meaningless because the two companies price tractors so radicaly different. A 10% discount on a Kubota maybe great, while on a New Holland its squat. You just can never know. The right way to compare prices is to check your local dealers, look around online, and do your homework.

 

[DonWorrell]

The problem here is that you can't really compare. Different companies have a different spread between MSRP and dealer cost. You've also got no factor for sales programs, financing, cash discounts, etc. Since I deal with CNH and Kubota, I can say with certiantly that you can know the MSRP if you like, but its totally meaningless because the two companies price tractors so radicaly different. A 10% discount on a Kubota maybe great, while on a New Holland its squat. You just can never know. The right way to compare prices is to check your local dealers, look around online, and do your homework.

True but you know what the starting price is.

In a past life I sold cars. (I was quite good at it). The first thing I did when I met a customer was decide what kind of buyer he/she was, discount, trade in or etc. If he/she wanted trade in I had to move him to a used vehicle, the reason was I could price it any place I wanted and gave him an inflated trade in for his car. If he wanted discount I had to move him to a car we had put a lot of add-on on. My radio could be prices at what ever I wanted and I had more markups to work with.

I said this was in my past life. I became a Christian and had to get out the car business for ethical reasons. By having an MSRP I have some idea where we are starting on the price. Yes, one brand might carry a 5% markup while another carries 20%, I know that but if dealer é„* has a 2516 Mahindra for $14,500 and dealer 釘 has the same 2615 at $17,500 I know dealer 釘 is trying to make a larger profit or going to play with the trade-in value. But if a MSRP says the tractor list at $14,500 I am on level ground and can deal with both dealers to get the best deal.

Sorry I am so cynical but I have some bad memories from my past life. Why were Maroney labels put on cars in the first place? I am not saying any of the dealers who post on here would do any of this but as my Dad always said you might not but I can assure someone will.


Just my thoughts

Don

 

[wallace]

I just ask the question for my own sake.. reason being is I sold 178 tractors last year and as I can recall only one customer inquired about list price because he was getting a better deal from Deere..
After I got done giving the customer my selling price he proceeded to ask me what kind of discount I was going to give him off the price.
I replied excuse me and he said well Deere is give me a discount of xxxx of the price..
I said they must be working of list price he said no it was the MSRP I said ohh Okay you want Msrp...hang on I then worked up all the numbers including shipping and assembling..
Here is your discounted selling price of XXXX and yes I was no where near the "discount" he was getting from the other company.. But for some apprent reason I got the sale even though he was getting a better discount off the Msrp price, but the bottom line was he was gettin a better deal with my tractor.
I understand you would like to know a idea before shopping and to make sure you get a good deal, but the best tool anyone can have is the internet.

 

[MessickFarmEqu]

True but you know what the starting price is.

In a past life I sold cars. (I was quite good at it).

As a whole, tractor dealers are not sheisters like some car dealers can be. You don't see the same games that are played with trades, pricing, etc. There are some places that do, but by and large its a more honest business. We're really not just dealers, we don't make jack squat on selling the actual tractor. The only real way to be profitable is though parts and service so its absolutely imperative that you don't let a customer leave with a bad impression of you. We've sold BX23's-BX24's for the same price, give or take $300 based on factory incentives for the last 4 years.

 

[LarryRB]

Now, see, I take issue with Neils post and Wallace's. Now both you men get many sales out of the new england area whether you want to admit it or not, For you Wallace,, at least up here, it should be mandatory to post some kind of MSRP. Let's say you Kioti dealers pay 10G's for a simple CK20, no loader, nothing,,, You sell it for 11g's, In Calif a dealer gets 11.5g's, maybe one is the south is 10.9 and so on,, On this scenario, I can see Kioti posting an MSRP of 12250 pretty much nationwide. Here,, the dealer will claim the wholesale price is 18 and want 20!!!,, Then, they will complain to corporate that other dealers in other areas are cutting their throats,, I don't feel sorry for any NE dealer,, As far as car dealers Neil,,, up here, it is hard for a car dealer to pull any funny stuff, It took New Englanders many, many years,,, people here are quite up on car dealers on pricing, warranties, switch and bait and other sale tactics.. The tractor dealers here are what car dealers were here about 30 years back,..