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WC MN | It'll be interesting with current interest rates and how much new prices have increased since COVID if they will be able to move new equipment even with incentives. In the past low interest rates helped dealers work up fairly cheap leases. Leases are much less attractive now. And prices have not quit increasing. A new class 8 lexion is up around $80k year over year as of a few weeks ago.
Definitely going to take some wiggling by manufacturing industry, especially if these commodity prices are here to stay. | |
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Seems many on here want to dust off the 70"s - 80's playbook
