RK Tractor Prices

   / RK Tractor Prices #1  

4tillingdirt

Silver Member
Joined
Oct 18, 2013
Messages
241
Location
nc
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An RK 55 has gone up $5K since it was introduced? That is freaking ridiculous.
 
   / RK Tractor Prices
  • Thread Starter
#2  
Inflation. The country can't keep going the way it is going. The economy is going to take a giant dump. That tractor was $28K LAST YEAR. That isn't just supply and demand and as far as me vacillating, I don't necessarily even need a tractor. What is the point of having a forum if people can't make comments.
 
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   / RK Tractor Prices
  • Thread Starter
#3  
My other posts have been questions and why are you even concerned about me ranting about the prices going up that much - you have a Kubota. Are you interested in purchasing an RK tractor?
 
   / RK Tractor Prices #4  
An RK 55 has gone up $5K since it was introduced? That is freaking ridiculous.
I just noticed this today and my eyes bulged when I saw the current price of the RK55HC ($36,599) that I paid $29,999 for in December of 2018. They had a $2k price increase in January of 2019 which is why I purchased when I did. Does this mean my tractor is now worth more than I bought it for? Ha.
 
   / RK Tractor Prices #5  
I just noticed this today and my eyes bulged when I saw the current price of the RK55HC ($36,599) that I paid $29,999 for in December of 2018. They had a $2k price increase in January of 2019 which is why I purchased when I did. Does this mean my tractor is now worth more than I bought it for? Ha.
I seriously doubt it!
A new sale provides a warranty, and financing.
Even a low hour used seller cannot compete with new, so must offer at a reduced price, while hoping for a buyer to surface with $30K (?) cash.
RK is not considered a well known brand, so that also has a very meaningful place in the value equation.
JD and Kubota do best in the resale market, and also have similar warranty and financing issues, but because of their popularity/desirability, their resale is not effected as significantly.
 
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   / RK Tractor Prices #6  
I seriously doubt it!
A new sale provides a warranty, and financing.
A used seller cannot compete with that, so must offer at a reduced price, while waiting for a buyer with $30K (?) cash.
RK is not considered a well known brand, so that has a place in the value equation also.
JD and Kubota do best in the resale market, while also having the same warranty and financing issues, but because of their market share, their resale is not effected as significantly.
The value of U.S. dollar has tanked due to current policies of large amounts of deficit spending.
 
   / RK Tractor Prices #8  
Thu USD has dropped a couple % against the Korean won over the past 14 months. But I think around Feb countries started to power back up. They have demand and a shortage of raw materials. Which equals price increase. I figure we'll see 5%+ inflation this year in the US.

Which makes me all the happier having paid more to wait longer for my new RK :)
 
   / RK Tractor Prices #9  
You all have arrived at the reasoning behind my decision to purchase my tractor now and not wait another year.
Besides we all love new toys!
 
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   / RK Tractor Prices #11  
Am i missing something or is the OP bipolar?
 
   / RK Tractor Prices #13  
Could also be that they introduced the tractors at a low price to get interest in the product. If I recall, there were discussions on this board about the pricing as they were beginning to be sold and the conjecture was that their price would jump in a couple years.

Add to that the steel tariffs (anyone remember when those got started?) and a modicum of inflation (that's the smallest part of the price increase) and there you are.
 
   / RK Tractor Prices #18  
Which previous policies ? Surely not the ones that had gas at 1.oo a gal and food prices lower than ever. People actually got there lazy asses out of bed and went to work.
 
   / RK Tractor Prices #19  
An RK 55 has gone up $5K since it was introduced? That is freaking ridiculous.
Word I hear is price for all zero-turn mowers from all brands will increase 15% to 20% next year. All factories are having troubles getting enough people to come to work, enough people to transport components and finished products. Supply is short so prices rise to direct commodities to those who get the most value therefore willing to pay the most.

The Federal Reserve is run by clueless intellectual idiots. We will have Jimmy Carter-esqe inflation until civilization collapses or we get another Ronald Regan.
 
   / RK Tractor Prices #20  
Word I hear is price for all zero-turn mowers from all brands will increase 15% to 20% next year. All factories are having troubles getting enough people to come to work, enough people to transport components and finished products. Supply is short so prices rise to direct commodities to those who get the most value therefore willing to pay the most.

The Federal Reserve is run by clueless intellectual idiots. We will have Jimmy Carter-esqe inflation until civilization collapses or we get another Ronald Regan.
If you live in California drastic changes on lawn and garden equipment going from petrol to battery in 2022 anything under 25 hp. Seems like we are driving the idea battery power is solution for all carbon issues. Unfortunately no one is taking in the idea batteries require replacements and there is little talk of recycling. Not to mention need of drastic power grid upgrades to address the additional loads. The cost of lithium is going up especially since China holds most bulk of it in the world. It was mentioned prior article on this site we may outsourced too much last 25 years. Wealth remains with those who can produce not import. Not to late to change our ways but we all must share same views to accomplish needed goals.
 

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