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Having a very hard time wrapping my head around machinery prices
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jdironman
Posted 8/5/2022 17:55 (#9782176 - in reply to #9782130)
Subject: RE: Having a very hard time wrapping my head around machinery prices


Nw Iowa
I think dealers are trying to figure where this will land in 10-16 months. Let’s see how you want to take a chance trading in a combine on a new combine that will not be here to next fall and than selling old one with more money than it cost new a year earlier. Very easy to throw stones, but reality is a much tougher game.
Edit Dealers will carry a much higher priced used combine when it comes in in 6-8 months. Are you guys carrying any 8$ corn over? Same deal. Margin or profit has a much higher chance of going down than up. So no, dealer has more risk. I look at some of these big chain stores and most of salesman haven’t even been thru the 2014 machinery correction, so have no idea how fast this can go south.

Edited by jdironman 8/5/2022 20:40
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