What's are the equivalent models? TYM, Kubota & JD

[DavesTractor]

I agree with you Brian. I don't believe in that resale stuff either. I just want to buy good value at the present time.

I found a dealer in Tulare that sells the TYM T273 with loader for $12k with 0% financing and 5 year warranty or a cash rebate if I pay cash for it. That sounds like great value to me. It come out to be about the price of a chinese Jinma 284 with an aftermarket loader. Comparable JD and Kubota models at least $3-4k more. I wonder if the T273 is in the same class tractor as the Jinma 284?

The 273 is Korean built and a good little tractor. It is much smaller than a Jinma 284, but is also much higher quality. The 273 with loader used to cost the dealers much more than $12 at their actual cost, so it is a bargain right now. I'm not sure just why they are doing this as I have been told that it is well under actual cost, but that really isn't your problem. As long as TYM is here to stay, it is a great buy!

 

[Gittyup]

Absolutly true, my point was more along the lines of simply watching the financial state of some of these small companies. With compact sales slowing your going to see more vendors dropping out of the game. Even with TYM building their own machines, they still need to be realizing enough profit to continue running their own distribution here rather than just OEM'ing for other companies which is what really seems to be their core business. I am sure you could find their financials publicly, it would be a good read.

This implies that TYM is a small company. Not true. However, that doesn't mean that they will stay in the U.S. market. The T273 is a awesome tractor: well designed, sturdy, small footprint. Just not sure whether TYM will be here to service owners in 5 or 10 years. The lack of dealerships kept me from buying one. They may go the way of Honda tractors. Time will tell.

 

[MtnViewRanch]

Just my opinion, but sounds like it is a good little tractor. For the price, can you go wrong? If it lasts 5 years I would think that I had gotten my $$$$$ worth and most likely it will last a lot longer. Honestly, most of the tractors built today other than the real economy makes & models are pretty darn good machines overall. Fit, finish, and drive trains are all usually pretty good. Are some machines bad, you bet there are. All manufactures have a bad one get through once in a while, and depending on the dealer and how the purchaser deal with those problems resonates here at TBN.

If that TYM suits your needs, it seems like it would be difficult to pay 33% more just to get another color.

 

[MDM]

If I recall correctly, some of the TYM models use Kubota engines? Even so, if it were me, I would go with a brand with a little better foothold in the marketplace, at least Mahindra and Kioti. I've been pricing tractors that would compare to Kubota new B series and I was a little surprised that the Mahindras and Kiotis were more expensive with only a slightly added weight advantage and a little more lift capacity over the Kubotas.

 

[flusher]

TYM makes some good machines and have made them for other tractor companies as well. Mahindra and Montana come to mind. I am not sure about the models that you are looking at but my guess is that the models that are on sale will soon be discontinued. When I was at the Tulare AG show in Feb, the TYM guy pointed out a few of the models that they had on display were no longer in production and were due to be replaced with all new designs. Just because a model has been discontinued is not a good enough reason to not get it if it meets your needs. If the price is right and the tractor meets your wants and needs, get one. If you are concerned about re-sale, then you might want to re-consider and go and spend more $$$$. Myself, I don't go along with the resale stuff, if you spend less money, of course you will get less back when you go to sell it.

Just my opinions, others will vary.

I've been looking at replacing my 2005 Kubota B7510HST/LA302 FEL (21 hp engine, 17 hp pto) with a new larger tractor in the 45 hp pto range. The Mahindra 5525 looks pretty good.

Regarding depreciation/resale, I did a little research on this using the Official Tractor Blue Book (2008 edition). I looked at comparable 2006 45 hp pto tractors from Mahindra, Kubota, JD, MF, NH, Case/IH and Challenger. No data is available for TYM in the Blue Book and there is no 2006 data for Kioti.

I found that the depreciation based on approximate retail sale price new and dealers average used trade-in price in 2007 ranged from 38% to 43%. JD and NH are at 38%, Mahindra at 43% with the rest falling somewhere between these extremes.

The first year trade-in depreciation is larger than I expected (I thought it would be in the 25-30% range). But the spread among the different brands is less than I expected and doesn't seem to me to be a big factor in selecting among different brands.

Dealers resell these trade-ins and the depreciation based on approximate retail sale price new and dealer average used re-sale price range from 22% to 24%. Again, the spread is too small to favor one brand over another.

Moral of this story: seems to me that dealers are saying that these tractors are very similar in those factors that determine buying and sellling economics.

 

[ChuckinNH]

Flusher, that is interesting information, thanks for posting it.

MDM, I have been shopping for some time now for a replacement for my BX22 I've been kind of waiting for the new B20 series to show up before making a purchase, so I have had PLENTY of time. I have found the same thing, and was as surprised as you. A hundres pounds of lift, and 300-400 pounds in weight really isn't that much, and probably won't make one tractor capable of doing a whole lot the other wouldn't do. For example, it might allow one tractor to lift the same max weight a foot, or two higher than the other since the lower powered loader will probably lift as much as the higher rated one to a lower height. On a day to day basis, other things will end up being more important. Manufacturers seem to put much importance ( and price) on some things, and that can be frustrating. Why should a 62" mmm cost $600 more than a 54" for example? A hundred bucks an inch is a bit steep!

 

[Maka]

We dealers of TYM on the west coast had been telling TYM that the tractor is great and easily outspecs the competitive Kubotas but having to sell the T273 at about 13,900 was putting us at a disadvantage. Yes, better specs, more standard features and great quality but when more than a little BX people would hesitate.

However, we believed that if we could put a high quality, better spec'd tractor out there for an incredibly low price we would get market penetration, users who tell people and folks talking about it on sites like this. It is working as we (not speaking for TYM but our dealership) have sold many more than last year.

At a loss for TYM? I doubt it. These tractors are small and simple and suspect that TYM makes a fair margin on them. Boy, is them program getting people talking and buying. Just what TYM wanted I believe.

Maka

 

[MessickFarmEqu]

I maybe headed down the wrong track here, but if you read the FarmTrac story thats running in another thread you may find some interesting simularities. That company started making changes to quickly get inventory off their books and over to dealers lots because they we headed into bankruptcy. Suddenly cutting the price of a tractor is not exactly everyday business. Especialy by a dollar value thats so substantial, and thats a mitsubishi model right? Its not like its a TYM constructed tractor that they have more control/margin/etc. I'd question what exactly TYM is trying to accomplish...?

 

[DmansPadge]

I maybe headed down the wrong track here, but if you read the FarmTrac story thats running in another thread you may find some interesting simularities. That company started making changes to quickly get inventory off their books and over to dealers lots because they we headed into bankruptcy. Suddenly cutting the price of a tractor is not exactly everyday business. Especialy by a dollar value thats so substantial, and thats a mitsubishi model right? Its not like its a TYM constructed tractor that they have more control/margin/etc. I'd question what exactly TYM is trying to accomplish...?

I thought that they were built by TYM... I know they have a Mitsubishi engine but I think that's all.

 

[Maka]

This tractor is manufactured by TYM with a Mitsubishi engine in it and a Taesung loader. I was at the TYM factory in Oct. of 07 and was very impressed.

This program is doing so well that they may do something like this for other models. Oh, by the way, all the new models will be here soon and they will be powered by Cat and Mitsubishi engines. We already have brochures and are anxiously await their arrival.

Maka