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Re: How can farmers justify to purchase new tractors ?


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Posted by WellWorn on July 08, 2015 at 08:43:33 from (75.213.13.186):

In Reply to: How can farmers justify to purchase new tractors ? posted by crackerjack on July 08, 2015 at 07:49:42:

Crackerjack, I've wondered that for years, yet somehow I keep seeing newer and bigger equipment on the fewer remaining big farms. I believe this is what is primarially keeping the few remaining ag dealerships in business, and the BTO's get treated really well - special deals on implements to go with, great lease rates, service plans, etc. As Paul said, a lot of them are just rolling loans, and as long as the money keeps flowing, it doesn't matter if the farm is making money or just breaking even.

Sort of reminds me of the I Love Lucy episode, where she goes in a store to buy an appliance (maybe it was a toaster), and the salesman ends up selling her an entire household worth, on sale no less, so she saves so much, she gets the toaster for 'free'. Ricky was not impressed.


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