opinion needed on new old stock price adjustment for a tractor...

tod osier

tod osier

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Working on a tractor purchase... dealer has a nearly perfect tractor, but it is new old stock, a year 2023. He is working on getting the relevant details for me, stuff like date of manufacture, how it has been stored, engine hours (I'm assuming near zero).

This is a John Deere 3039R, so a 50K machine with loader and implements.

A big negative is that we will be storing it inside and it may have sat outside on the lot for 2-3 years.

I'd like your thoughts on how to adjust the price when we make an offer. I have not found a depreciation rule of thumb for NOS for tractors in my searches online.
 
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Tod

A friend of mine bought a Yamaha 40 outboard that had been stuck at the dealer for about 6 years. They barely came off the original price. I guess he got the benefit of zero inflation but in this case the dealer wanted his investment and was not motivated to do anything beyond that. I hope you have more luck. I think my strategy would be to make a low offer, say 25% off current sticker, and work from there letting the salesman know if it wasn't a really good deal you'd be in the market for a new tractor and shopping around.
 
I personally would stay away from John Deere products. Dealer support lately is almost non-existent after the sale.
If you do get any support it’s because you had it trailered to them. They have been under litigation keeping the electronics codes / error codes to themselves essentially monopolizing repair control.

I purchased one and it will be my one and only.

One of my best friends owns and runs a commercial rice farm and he sometimes has to weight 3 months for them to get in gear and come work on his stuff.
He has been moving to International/ Case as it’s time to replace
 
Eric Patterson said:
Tod

A friend of mine bought a Yamaha 40 outboard that had been stuck at the dealer for about 6 years. They barely came off the original price. I guess he got the benefit of zero inflation but in this case the dealer wanted his investment and was not motivated to do anything beyond that. I hope you have more luck. I think my strategy would be to make a low offer, say 25% off current sticker, and work from there letting the salesman know if it wasn't a really good deal you'd be in the market for a new tractor and shopping around.
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Thanks Eric, I appreciate it.

The price he is using is the current MSRP and it looks like he has discounted it by 1K. We are dicking around with getting him to specify a couple of unpriced lines on the quote to be able to have full mastery of the math going on. I think I could make an offer today.

The deal would be a great STARTING point for a 2025 or 2026 model. The machine is set up just like we would order as far as I can tell. Devil is in the details, does it still have shipping protective films on it or has it been knocking around used as a demo? Next call will hopefully iron that out.

On the yamaha, I bought my yamaha F40 in 2000 as a NOS and got a smoking deal. I think the MSRP was 5K back then and I got it for 3K, but it was an new old stock PULL START 40 hp, which isn't very desirable. I believe there were a bunch of them sitting around at that time. I've seen reference to other who bought them.
 
D. Hinton said:
I personally would stay away from John Deere products. Dealer support lately is almost non-existent after the sale.
If you do get any support it’s because you had it trailered to them. They have been under litigation keeping the electronics codes / error codes to themselves essentially monopolizing repair control.

I purchased one and it will be my one and only.

One of my best friends owns and runs a commercial rice farm and he sometimes has to weight 3 months for them to get in gear and come work on his stuff.
He has been moving to International/ Case as it’s time to replace
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Thanks, we are in a tractor dealer desert. We have a Bobcat and Mahindra dealer that specializes in motor sports (not tractors) at an hour and a half away (not an option for me). This John Deere is a big chain dealer and the local branch is 2+ hours and they all get very good reviews. At the 3-4 hour mark we have multiple dealers from all the brands are available in Utah and Idaho. The two closest Kubota dealers are over 3 hours and get bad reviews.

I talked to the service manager and he "said" that they have a service truck in our area twice a week in summer, he used to run that truck. He said it was typical to do several oil changes per day and split the drive time charges 4-6 ways. Bigger repairs would go to the shop. The sales guy and the service manager said that for repairs at the shop they would transport both ways for $100. I told them both that I didn't believe it (as politely as I could), the service manager said they have to offer service to sell tractors in the area. Dunno, I don't know of a better option. That is how it is in the middle of nowhere.
 
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Making progress on getting the quote to be a real itemized quote, got the last of my numbers. I'd be surprised if we didn't get talking turkey today (we are on mountain time, so only 2pm now) if anyone wants to chime in before I make my counter. :)
 
Tod,
Check out Kubota before you purchase. We bought a smaller loader tractor w/snowblower attachment for our farm and it has performed well. Have heard many of the same complaints about John Deere which influenced our decision. RM
 
RM Anderson said:
Tod,
Check out Kubota before you purchase. We bought a smaller loader tractor w/snowblower attachment for our farm and it has performed well. Have heard many of the same complaints about John Deere which influenced our decision.
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Did you read what I wrote about our 2 closest Kubota dealers and that they are over 3 hours away?
 
Tod

For a purchase that large I'd drive the 3 hours. We had a Kubota at the hunting property. It was a great tractor until a farm hand decided to neglect all maintenance and purposely ran it with low oil and no coolant to destroy the engine so the owner would have to buy a new tractor and probably with a cab. The farm hand was tired of driving a no cab tractor. He got fired. I think Kubota has over 50% of the under 100 hp market, and for a reason. Unless something has changed recently, they are like the Toyota trucks of tractors. That being Low maintenance run forever.
 
Waiting on pics and confirmation of hours and manufacture date. Sales guy has not seen it, but he was told it was "as new".
 
Eric Patterson said:
Tod

For a purchase that large I'd drive the 3 hours. We had a Kubota at the hunting property. It was a great tractor until a farm hand decided to neglect all maintenance and purposely ran it with low oil and no coolant to destroy the engine so the owner would have to buy a new tractor and probably with a cab. The farm hand was tired of driving a no cab tractor. He got fired. I think Kubota has over 50% of the under 100 hp market, and for a reason. Unless something has changed recently, they are like the Toyota trucks of tractors. That being Low maintenance run forever.
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That is 3+ hours to dealers that get weak reviews and don't run a service truck in our area. I'd be 100% on Kubota if it was a real option - that was my preference from the start given my research, but you have to be practical. I know I'm going to get killed on service charges going JD, but after warranty, I usually do all the easy maintenance myself.
 
Just as an FYI... Sub-100HP Deere tractors are made in India, down the street from Mahindra. You will not be getting a US made tractor, but you will pay a premium price like it is US made. They ship them here, put the wheels on them, and claim they are then "assembled in the USA".

It sucks you live so far from service/dealers and the closer ones aren't very supportive. Kubota makes a solid machine in the size you are looking at.

I would not personally own a Deere product these days, with their right-to-repair garbage.

FWIW, I paid $30K for my 70HP Mahindra (5570 4WD with a loader) in 2019. A tractor with half that power/size/weight isn't worth 50K to me. Like my pappy always said "You buy a tractor by the pound".
 
Steven Alexander said:
Just as an FYI... Sub-100HP Deere tractors are made in India, down the street from Mahindra. You will not be getting a US made tractor, but you will pay a premium price like it is US made. They ship them here, put the wheels on them, and claim they are then "assembled in the USA".

It sucks you live so far from service/dealers and the closer ones aren't very supportive. Kubota makes a solid machine in the size you are looking at.

I would not personally own a Deere product these days, with their right-to-repair garbage.

FWIW, I paid $30K for my 70HP Mahindra (5570 4WD with a loader) in 2019. A tractor with half that power/size/weight isn't worth 50K to me. Like my pappy always said "You buy a tractor by the pound".
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I don't care where they are built, they seem to have a reputation for quality. Time will tell if it is undeserved. Their japanese engines sure weren't made in india. If it makes you feel better to think that they were made next to yours, then I'm supportive of you continuing to think that.

I think if you do some research, you will find tractor prices have not been static since 2019. I think you will be real surprised if you price out a tractor comparable to yours (they discontinued the 5500 series, but offer a 6000 series that is similar).
 
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Update for you whiny Kubota loving bitches.... So, I did take your advice. I just got off the phone with our 3rd most distant Kubota dealer and talked to a GREAT sales guy. They do not have a tractor that fits my needs. They are between models and the new models have not hit the floor, he does not know when they will get them, but not for a couple months AND all the ones he ordered had a cab, which I do not want.

Also I've always had a rule that I don't buy any vehicles the first model year, so I'd need to put the purchase off another year to be able to get one that wasn't a first run.

Nearly the exact tractor specs and pricing as John Deere, FYI.
 
tod osier said:
Update for you whiny Kubota loving bitches.... So, I did take your advice. I just got off the phone with our 3rd most distant Kubota dealer and talked to a GREAT sales guy. They do not have a tractor that fits my needs. They are between models and the new models have not hit the floor, he does not know when they will get them, but not for a couple months AND all the ones he ordered had a cab, which I do not want.

Also I've always had a rule that I don't buy any vehicles the first model year, so I'd need to put the purchase off another year to be able to get one that wasn't a first run.

Nearly the exact tractor specs and pricing as John Deere, FYI.
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Even though you are a stubborn SOB, I wish you best of luck with a JD.
 
tod osier said:
I don't care where they are built, they seem to have a reputation for quality. Time will tell if it is undeserved. Their japanese engines sure weren't made in india. If it makes you feel better to think that they were made next to yours, then I'm supportive of you continuing to think that.

I think if you do some research, you will find tractor prices have not been static since 2019. I think you will be real surprised if you price out a tractor comparable to yours (they discontinued the 5500 series, but offer a 6000 series that is similar).
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Doesn't make me feel any sort of way, really. You do you, Boo.
 
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