Does this only apply to parts and service or does it apply to all new and used equipment sales too? If you are concerned about working with John Deere's financing, it might cost less to expand your revolving credit line with your local bank, or have your sons deal with Deere.
With declining farm prices, declining farm income and potentially rising interest rates, this is really is a prudent move for Deere. Loosing five figure annual parts sales isn't going to scare any dealership, especially if they don't have to carry hundreds or thousands of accounts on their books anymore and don't have to chase after collecting delinquent payments. On the eastern side of the Iowa does one acre of good ground still cost five figures?
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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