4tillingdirt
Silver Member
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.An RK 55 has gone up $5K since it was introduced? That is freaking ridiculous.
I seriously doubt it!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.
The value of U.S. dollar has tanked due to current policies of large amounts of deficit spending.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.
On top of a supply shortage for most tractor manufactures.The value of U.S. dollar has tanked due to current policies of large amounts of deficit spending.
The previous policies didn't help either.The value of U.S. dollar has tanked due to current policies of large amounts of deficit spending.