/ New Tractor Sales Are Declining #21
I’m all in with cash… Im so glad I waited this outNoticing the same
Inventory has mostly caught up.
Dealers and private sellers prices will drop noticeably as many buyers are driven off to the sidelines due to higher interest rates. .This will cause a glut in inventory since demand will drop.
Throw in a collapsing economy, horrible economic policy and record 41 year inflation and 100%-200% increase in fuel prices and you will have a buyers market for cash buyers. Financed purchases may at least get somewhat lower purchase prices to offset higher lending rates