Trading in an almost new tractor?

[beeser]

Still being somewhat unhappy with my new Bobcat 2040 purchase I may trade it in for a new John Deere in the next couple of weeks. How much can I expect to lose on the deal?

 

[Zebrafive]

In my area the John Deere dealer has almost nothing on the lot. People are buying, so you may not lose much.
A friend said he was offered $2K more for his truck than he paid, when car shopping.

 

[jeff9366]

Messick's view:

 

[MechanicalGuy]

I thank Jeff9366 in my head all the time for getting me into an mx series instead of the L series I was going to buy. The mx just looks so big on a lot, but on our properties it looks pretty small. I’d be in your same situation if I hadn’t taken his and all the other advice suggesting that I buy my 5th tractor first.

 

[metalbender]

Dealer where I bought my Massey 1742 said they regularly take smaller units in trade after the buyer bought too small. The little guys are so cute, you just want to take them home to play with. Then when the s##t hits the fan the novelty wears off quickly.

 

[beeser]

Dealer where I bought my Massey 1742 said they regularly take smaller units in trade after the buyer bought too small. The little guys are so cute, you just want to take them home to play with. Then when the s##t hits the fan the novelty wears off quickly.

Actually I'm thinking of getting something smaller if going from a Bobcat CT2040 to a John Deere 2038R is in that direction.

 

[sea2summit]

I would give selling it yourself a shot, there is a huge market right now.

 

[JJZ 109]

A friend said he was offered $2K more for his truck than he paid, when car shopping.

That seems to be a common occurrence these days. I hear of it on Ford Truck Enthusiasts forum all the time. But the flip side is that new trucks, if they're even available aren't being bargained with much, if at all. There are reports of premiums on top of sticker prices.
Even used trucks are high right now.

 

[fried1765]

I thank Jeff9366 in my head all the time for getting me into an mx series instead of the L series I was going to buy. The mx just looks so big on a lot, but on our properties it looks pretty small. I’d be in your same situation if I hadn’t taken his and all the other advice suggesting that I buy my 5th tractor first.

It would appear that you are a good bit smarter that the average bear!

 

[5030]

Dealer where I bought my Massey 1742 said they regularly take smaller units in trade after the buyer bought too small. The little guys are so cute, you just want to take them home to play with. Then when the s##t hits the fan the novelty wears off quickly.

I see that a lot around here. People buy a Scut or even a Cut and quickly realize they are too small to do meaningful work so they trade up. I'm kind of in that boat myself, having owned at least 10 Kubota's and I bought them all new but one.

Started out with a B7100 way back when which was a good lawnmower but not much else and as my needs grew, so did my tractor size. When I got into commercial forage growing I had a Grand L 5030 (my signature name) and soon realized it wasn't big enough. It was fine for raking and square bailing but not enough power (PTO) to run a round bailer efficiently so I stepped up to an M9 cab unit in 2002 and been with that ever since and 2 years ago bought a second M9 open station used but in very good condition.

I dislike changing implements all the time so the OS is my rake tractor and the cab unit runs the disc mower and the round bailer. Both are optioned out with 3 sets of remotes and 2 speed PTO's and both are on R1 rubber and both have FEL's with SSQA quick detach. The cab unit has the third function on the loader. I plow snow with it in the winter with a power angle 10 foot plow.

 

[5030]

I would give selling it yourself a shot, there is a huge market right now.

List it on Tractor House. I sold a NH 575 Hi Capacity square bailer for a bit more than I was asking for it on Tractor House in 2 days. I had a square bail contract job for 5 years and lost it so I sold the bailer as I do only rounds on my owned hay ground and I really dislike idiot cubes. Too much work with not enough reward.

 

[daman1]

See what a dealer will give you Dealers Supply is pretty scarce nowadays lots are empty you may be surprised what they would give you for a trade in. If not sell it outright good used clean tractors are very sought-after nowadays

 

[5030]

Especially, pre emissions ones.

 

[PuffyC]

In my experience most Deere dealers don't want to take a non-Deere or non-Kubota in on trade so if you find one who will you may be disappointed in what they'll give you. You can always try selling it yourself but if you don't want that kind of hassle a better option might be to see what the Bobcat dealer will give you for it. I'd guess it would be far better than anything a Deere or Kubota dealer would give.

 

[TractorTYMe]

So what you're saying you think you bought a TOO BIG of a tractor for your purpose? I would sell it myself 1st in this market.

 

[Rdrcr]

I thank Jeff9366 in my head all the time for getting me into an mx series instead of the L series I was going to buy. The mx just looks so big on a lot, but on our properties it looks pretty small. I’d be in your same situation if I hadn’t taken his and all the other advice suggesting that I buy my 5th tractor first.

Many times agreed. I thought the MX was HUGE at the dealership and then realized when I got home with my L, the MX wouldn't have been too big. However, in my case, I didn't have a place to store a larger tractor and didn't want to spend MX money....yet.

Mike

 

[metalbender]

OP has another thread where the Bobcat 2040 is not powerful enough for the grading job. Stepping down in size seems odd in this case. My response of going bigger was appropriate in my opinion. Maybe I'm missing something.

 

[beeser]

OP has another thread where the Bobcat 2040 is not powerful enough for the grading job. Stepping down in size seems odd in this case. My response of going bigger was appropriate in my opinion. Maybe I'm missing something.

Larger doesn't necessarily translate into something more powerful, at least that's what I experienced with my smaller but more robust former John Deere tractor. I mistakenly assumed more hp even on a heavier tractor would end up being more powerful. Unfortunately I was wrong.

 

[K5lwq]

Larger doesn't necessarily translate into something more powerful, at least that's what I experienced with my smaller but more robust former John Deere tractor. I mistakenly assumed more hp even on a heavier tractor would end up being more powerful. Unfortunately I was wrong.

I am curious as to what model your previous JD was? Also is your Bobcat HTS or gear?

 

[dodge man]

I’m a JD fan but that Bobcat specs out higher than the JD you are looking at. That doesn’t mean the JD won’t suit you better but if the Bobcat isn’t powerful enough I don’t know that a JD 2038r is going to make you happier.

 

[4570Man]

Larger doesn't necessarily translate into something more powerful, at least that's what I experienced with my smaller but more robust former John Deere tractor. I mistakenly assumed more hp even on a heavier tractor would end up being more powerful. Unfortunately I was wrong.

If what you’re saying is true something is seriously wrong with the bobcat. It’s rated for twice as much hp as the other tractor and you’re saying it’s weaker.

 

[beeser]

I am curious as to what model your previous JD was? Also is your Bobcat HTS or gear?

My previous JD tractor - 855. The Bobcat CT2040 is HTS.

 

[K5lwq]

Interesting. You really should have more power with the Bobcat 2040. But definitely sell it instead of trading it in. Good luck!

 

[5030]

In my experience most Deere dealers don't want to take a non-Deere or non-Kubota in on trade so if you find one who will you may be disappointed in what they'll give you. You can always try selling it yourself but if you don't want that kind of hassle a better option might be to see what the Bobcat dealer will give you for it. I'd guess it would be far better than anything a Deere or Kubota dealer would give.

That is the exact scenario I had on the open station. it was traded in on a Deere and stuck out like a sore thumb in a sea of green on the dealers lot.

I had 2 things in my favor when I bought it. One, JD dealers only deal with green equipment so they didn't have a clue what they had and it was a pre 4 unit and JD don't like larger pre 4 units anyway.

I negotiated a fantastic price 18K, paid cash and had them deliver it to my Kubota dealer (350 miles away), had their head tech (I know him personally), go through the unit entirely and then they delivered it to the farm. That cost me 5 grand, money well spent as my dealer offered me 30 for it. Not for sale at any price. Pre 4 units are getting scarcer that hen's teeth and especially today with a lot of dealers having no tractors to sell. My dealer has a number of sold tractors that cannot be delivered because they don't have the dealer installed parts to complete them.

I'm kind of in the same boat with a new Kubota Premium Net / twine round baler on order. Might get it by Christmas.

 

[Rdrcr]

Larger doesn't necessarily translate into something more powerful, at least that's what I experienced with my smaller but more robust former John Deere tractor. I mistakenly assumed more hp even on a heavier tractor would end up being more powerful. Unfortunately I was wrong.

I really think you need to demo some alternative tractors on your property first, before trading and purchasing another.

Mike

 

[dodge man]

I looked up the specs of a JD 855 and the specs looks very similar to my JD 2025r. A nice useful tractor but it’s a couple of steps below the Bobcat.

 

[ning]

Does the Bobcat have linked throttle & tranny at the pedal?

It seems that a lot of people don't understand that if you go up a steep hill with that and the tractor slows down, mashing the pedal will not necessarily make the tractor go faster...

 

[MechanicalGuy]

Does the Bobcat have linked throttle & tranny at the pedal?

It seems that a lot of people don't understand that if you go up a steep hill with that and the tractor slows down, mashing the pedal will not necessarily make the tractor go faster...

This

 

[Frankenkubota]

It would appear that you are a good bit smarter that the average bear!

I've got the MX and it's great but.....every once in a while,it's too big.

I've been using it for clearing trees, stumps, rocks, moving orange mud, gravel etc etc. It's a beast!

For the last month i've been grading around my house. Everyone told me it's a job for a landscaper with a skid steer...and experience.

Couldn't find anyone to take the job so, did it myself.

With the BH and 4 in 1 on, that thing is loooooooong! I get as close as i can to the buildings then....break out the rakes and shovels.

I bet i lost 10 lbs the last 2 days.

 

[oosik]

I started out 40 years ago ( 1982 ) with a new Ford 1700 4WD. Completed all the smaller projects and in 2009 traded the Ford in and got my Kubota M6040. After 27 years I received more for the Ford than I originally paid for it.

 

[Have tractor will travel]

To address your specific question 'What can you expect to lose on the deal ?"
There are always two factors affecting price - market and cost. Many have addressed market - it seems to be a seller's market - good for the price you'll get for your Bobcat. It being a seller's market, not good for you and your purchase of another brand. The more knowledge you can develop of the market, the better you can command the price you'll get for the Bobcat.

Unless under duress, dealers will not sell tractors for less than 10% gross profit margin. Dealers are not under selling price duress. Except under unusual market conditions, would any consumer purchase used, instead of new, for less than 10 % ? No. So that means, from a cost perspective, you'd lose not less than 20% on your purchase - the 10% the consumer wants, and the 10% the dealer wants. This address cost - it does not address market.

Selling yourself ? Anything you can do to equal how the dealer sells, the easier the sale will be for you. Clean and service the tractor. Can you offer free delivery ? Can you invite a banker to come look at your tractor and then with easy contact information for the buyer - i.e., call the banker, and with credit score in hand, the banker can commit to a loan, X money down ? Alert your prospects to come with their credit score in hand for contact with the banker. Will the banker require insurance ? If so, have insurance information handy. Can you take a credit card for the purchase? perhaps through your business or a friends ?

 

[kpsp50]

Before I buy a John Deere check out Branson tractors at keno tractors and talk to Eric or George you'll be pleasantly surprised I am not affiliated with them at all

 

[Tony H]

Actually I'm thinking of getting something smaller if going from a Bobcat CT2040 to a John Deere 2038R is in that direction.

Any reason to go green? Mahindra MAX series may be very competitive, price wise. Kioti too. The green machine always seem like they use crummy Valving on their FEL's. They don't multi movement very well.