Buying Advice Wrong time to buy?

[bigbull338]

everything went up the 1st of the year.when i bought my tractor i wasnt getting the fel at 1st.then i talked to the salesmen an he said everything was going up the 1st of the year.so i went ahead an put the fel on it.i dont know how much your wanting to spend.but i can tell you this.you can get a MX 5100 HST 4x4 with fel for $24,000 or a tad more.an thats just a hair higher than your 40hp price.

 

[trywhisper]

I have looked at used from private parties, and my thought on that was for the price they were asking, maybe new with a warranty was better? maybe I'm wrong, but that's why I'm here, trying to learn. Now I know paying 2-4k more for the same tractor is overkill thanks to your help. I will look at the mx model kubota and ask the dealer his price on these, thanks again.

 

[dave1949]

It's inflation, everything is going up in price. America has printed trillions of dollars to buy our own debt, the dollar is worth less, you're not going to see prices drop any time soon. Even USA made products will go up in price because of raw material costs, transportation costs.

Buy now or buy used.

I tend to agree with this. The upward pressure on prices seems pretty constant. Also need to consider demand for all types of equipment will rise globally as the global economy improves, regardless of conditions here at home.
Dave.

 

[bigbull338]

1 more bit of advice.if you can find a dealer that really wants to sale a new tractor thats a big help.because he will really try to work with you on the price,if he wants to sale a tractor bad enough.

 

[rider9403]

1 more bit of advice.if you can find a dealer that really wants to sale a new tractor thats a big help.because he will really try to work with you on the price,if he wants to sale a tractor bad enough.

I agree with bigbull338. Also I found that in the late fall (November and December) the manufacturers start making deals on left over tractors and the special financing gets a little better.

 

[trywhisper]

I agree with bigbull338. Also I found that in the late fall (November and December) the manufacturers start making deals on left over tractors and the special financing gets a little better.

You are right, it seems like they had better offers then, I got an offer from bobcat for the ct335sst for 20800 with loaded tires and fel. The Kioti price was a cash price and for a finance price it is 21,200, I did want the hst but bobcat is a closer dealer, Kubota finance price is out of my range.

 

[jake98]

I tend to agree with this. The upward pressure on prices seems pretty constant. Also need to consider demand for all types of equipment will rise globally as the global economy improves, regardless of conditions here at home.
Dave.

I agree too. I think if I was going to make a big purchase now, and I had the money, I'd put the $ into silver and get the longest reasonable loan I could, and pay it back with cheap dollars in the future.

 

[Denwa]

I have looked at used from private parties, and my thought on that was for the price they were asking, maybe new with a warranty was better? maybe I'm wrong, but that's why I'm here, trying to learn. Now I know paying 2-4k more for the same tractor is overkill thanks to your help. I will look at the mx model kubota and ask the dealer his price on these, thanks again.

Tractor Whisperer,
If you buy used, the price may well include implements at a fraction of replacement cost. A used tractor with lowish hours, that has not been abused, is almost good as new. Any warranty type problems (from factory) will likely have already been addressed. Lots of things to balance in the decision making.

Having a well versed tractoristi along when you go to look at a unit is invaluable, so if you don't know one now, get to recruiting one. This list is a good place to make such connections. Or find an independent wrench to take with you for an inspection, once you have found what looks good to you.

If buying new, go to a dealer offering 0% financing and offer a cash deal for a healthy discount. If the dealer doesn't have to carry the interest for a year or three, the dealer will be saving a bunch of $$, and should have lots of wiggle room on the price.

my $00.02,
Dennis

 

[Nightrain1]

Being a first time tractor buyer,I've been looking into the 35 to 40 Hp range, and now that the new year has begun it seems as though the prices have gone up!?!? Is there a wrong or right time to buy?

The best time to buy a tractor was right before you needed it. The second best time is now....

 

[MessickFarmEqu]

I agree with bigbull338. Also I found that in the late fall (November and December) the manufacturers start making deals on left over tractors and the special financing gets a little better.

I would not say thats the case at all. There is no such thing as left over in our business. 4th quarter tends to be the weakest programs during a strong year because sales goals have been meet, if sales have been poor then they can get cranked up to meet those projections... but its all dependent on the prior months. There is usually little pressure Jan-Feb to offer your best. Spring is when the bulk of sales happen and the most important time to be on your game.