New vs Used
Roger L.
Join Date: Jun 1999 Posts: 0 |
2000-12-24 22791
On another thread I ran across Jeff and Norm debating the virtues of new vs used tractors. The point was made that good condition used compacts were priced close to the same dollar as new ones. Now I'm curious....If the price is that close, who buys the used ones? Are low hour used ones more reliable than new? Is there really anyone out there who would rather have a used machine at 10% off rather than a new one?
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New vs Used
TomG
Join Date: Feb 2002 Posts: 5406 Upper Ottawa Valley |
2000-12-25 22794
No, 10% doesn't seem like much of a discount. I'd expect that level of discount from a dealer just to make a deal on new equipment. Myself, I got a 500 hour Ford tractor & new implements for about 50% of a similar new JD package. However, the JD package would have given me HST and JD implements (as well as a front axle that had to be replaced). My implements aren't NH, but then they work and I haven't broken anything. I have put around $2,000 maintenance into the tractor, but I figure I'm still well ahead. I think that dealers may offer better deals on used tractors if they can sell some implements as well, but it does take time to find a good deal. ....
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New vs Used
Art White
Join Date: Jan 2000 Posts: 6898 Waterville New York Pics |
2000-12-26 22828
Roger if it was only a 10% discount off retail than I guess no one would buy a used one because I give better discounts on the new than the 10% off and I believe that most dealers are in the same boat as I except for a few. Often time a late model used is only 10% of the new discounted price and yes at that it can be tougher to decide. ....
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