Pricing guideline

[smarta]

I am familiar with auto sales and resales. In the auto world it seems all the brokers and dealers use a pricing guide like NADA to figure out wholesale and retail values for a vehicle. Is there such a pricing guide in the tractor community? Something that gives wholesale and retail values? Something a broker or dealer might use? Any insight is certainly appreciated.

 

[flusher]

I am familiar with auto sales and resales. In the auto world it seems all the brokers and dealers use a pricing guide like NADA to figure out wholesale and retail values for a vehicle. Is there such a pricing guide in the tractor community? Something that gives wholesale and retail values? Something a broker or dealer might use? Any insight is certainly appreciated.

This is what I use:

Amazon.com: The Official Tractor Blue Book 2009: Mike Hall: Books

 

[smarta]

Thanks

 

[MessickFarmEqu]

The tractor blue books are a total waste. We may use them as a guide for somthing we're not used to seeing, but as a whole they can be 20-30% off.

 

[LBrown59]

The tractor blue books are a total waste. We may use them as a guide for somthing we're not used to seeing, but as a whole they can be 20-30% off.

Is that + /-?

 

[gamble77]

Both!

I am the UEM for our company and the books/guidelines are just that...guidelines, not set in stone by any measure.

 

[nomad]

Wait a month or two. Tractor prices will be half of today prices. If not, tractor manufacturers will close the doors.

 

[MessickFarmEqu]

Wait a month or two. Tractor prices will be half of today prices. If not, tractor manufacturers will close the doors.

Manufactures would be closing their doors if they halfed the prices of tractors... because they would not come anywhere near making a profit. Prices are going one way... and thats up. Especialy after our dear president devalues our dollar beyond belief making it even more expensive to import tractors.

 

[redneckford]

Manufactures would be closing their doors if they halfed the prices of tractors... because they would not come anywhere near making a profit. Prices are going one way... and thats up. Especialy after our dear president devalues our dollar beyond belief making it even more expensive to import tractors.

SO BUILD SOME COMPACT TRACTORS RIGHT HERE IN THE USA IN AN OLD CAR FACTORY!!!!!!!-----NOT JUST ASSEMBLE PARTS TOGETHER IN THE US BUILT IN OTHER COUNTRIES---PEOPLE WILL BUY A QUALITY PRODUCT AT A FAIR PRICE-----LESS GOLF MORE WRENCHING!!!!

 

[Farmwithjunk]

The tractor blue books are a total waste. We may use them as a guide for somthing we're not used to seeing, but as a whole they can be 20-30% off.

The only part of that statement I question is the 20-30% part...... I've seen instances where I'd guess many of these blue books to be off as much as 50% in either direction. And you'll never see one that reflects local or even regional popularity of a given model.

 

[tlbuser]

Especialy after our dear president devalues our dollar beyond belief making it even more expensive to import tractors.

Yea, and no matter which factor is driving prices up..the unemployment figures and overall economy is driving sales down to non-existent. We all keep thinking tomorrow has to be better.

 

[MtnViewRanch]

We all keep thinking tomorrow has to be better.

It's going to be awhile longer.

 

[smarta]

The tractor blue books are a total waste. We may use them as a guide for somthing we're not used to seeing, but as a whole they can be 20-30% off.

Sothe question is How do dealerships and those who buy and sell tractors for a living price out tractors so they can make a profit?

 

[radman1]

Manufactures would be closing their doors if they halfed the prices of tractors... because they would not come anywhere near making a profit. Prices are going one way... and thats up. Especialy after our dear president devalues our dollar beyond belief making it even more expensive to import tractors.

I completely agree with you. Even with lower steel prices, tractor prices will stay the same or go up. Too many other factors than just steel prices. One may see rebates and low financing if inventory is too high. Manufactures will just decrease production, rather than decrease overall cost of a unit.
Now some items such as steel bins, pivots and steel buildings have had a decrease in price due to the decrease in steel price. With steel being the main cost factor, it is reflected in the overall price.

 

[foggy1111]

Sothe question is How do dealerships and those who buy and sell tractors for a living price out tractors so they can make a profit?

Knowledge and experience in the local markets, and an ear to the ground....IMO. I think the good dealers gain a feel over time....the others go the way of the dinosaur. The blue books are good for sorting out models and specs and options, serial numbers and stuff like that.

 

[redneckford]

Knowledge and experience in the local markets, and an ear to the ground....IMO. I think the good dealers gain a feel over time....the others go the way of the dinosaur. The blue books are good for sorting out models and specs and options, serial numbers and stuff like that.

yep!!! no tractor is worth the same in different areas of the state or the country----many things effect the price of an experienced (used) tractor or new tractor for that matter ---from dealer to mfg to their service record in a given area to the perception of value----some think green or blue or red or orange or the decal on the side makes it worth more than the others----different strokes for different folks ---if it will do your job over time for a cost you can afford-----it is worth the price----- what your neighbors thinks even helps determines the price-----cause everyone wants to stay ahead of the Jones------however???---who writes the books the buyers or the sellers---no one in this business is not bias in one way or the other!!!!---do not forget the bankers and the wall street types ---they have a larger affect than the average person would believe!!!!