Tim the main reason they are not caring about our business is we are not new equipment buyers. We buy good used and lately good newer used but that does not seem to count for much these days. Everyone wants that new piece of equipment. That high dollar trade-in is the hard one to sell. That is where we have been buying lately.
Ten years ago we where buying rebuilder equipment. Then fools have bid that stuff so high you can shop around and find virgin equipment for just about the same money you would have after the repair.
Two years ago all of my family jointly bought over $100K of JD parts. 90% of that was through the local dealership. Last year we bought under $10k from them. We bought under $50K JD sourced. Meaning we are buying after market or OEM suppliers parts that supply JD. This year the JD based will be lower still.
I hope I live long enough to see this once great company, JD, brought to its knees. A ten year stretch of low grain prices would cure a lot of what is wrong with a lot of agriculture today. Those BTOs with Green and Red paint fever will shortly run out of money playing with grain only.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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