New tractor price,can this be right?

rrlund · Dec 10, 2013

There's an ad in the Farm Trader for a new Deere 7230R tractor. FWA,540/1000 PTO,loaded. It says the list price is $244,064. WTH? If that's right for a 7 series tractor,what the heck does a 9 series four wheel drive sell for? 1.5 million?

Super Trucker · Dec 10, 2013

I see the problem you were looking at the wrong color green! My friend just traded a 9400 in on a 9530 with under 1000 hrs for about the same money. He asked about the xenon light kit for it like his 9300 series, no problem we have it in stock and will make you a deal 5000 installed !

4020deereboy · Dec 10, 2013

I think the 9000 are a little over 400 all the tractors have gone insane on price

rrlund · Dec 10, 2013

Good Lord! I bought a new 4040 in February 1981 for $22,900. This is just total insanity. Doesn't anybody make a SIMPLE 100 horse tractor that they can sell at a reasonable price anymore?

cumminspuller · Dec 10, 2013

Yes rrlund that is about right. Its sad that they have gone up that much. The first new articulating tractor that was sold around here in my life time was a 9520 deere in 03 I think. right before deere released the 9620"s. It had ever option available at the time and the dealer sold it for a little over $185k. The replacement tractor today i think is around $350k. The bad part is that you can buy some of the smaller articulating tractors cheaper than you can the biggest models in the 8R series. I think it is the same way in red tractors too with the STX and Magnums. All of them are way over priced to me anyways but they don"t ask my opinion on the price.

Chris

4020deereboy · Dec 10, 2013

When I worked at new Holland they had a 100 HP mfwd no cab no computers or anything but still probably cost more than you paid for the 4040 with cab heat and air

Traditional Farmer · Dec 10, 2013

Can't be right the Gov't says there is no inflation.

Deere Scotty · Dec 10, 2013

At the Louisville Farm Show in Feb. last year I spoke with someone who was telling me that CASE-IH was for sale for more than a couple of years, & they couldn't get a buyer. Claimed they were not making enough money on tractors. I said maybe they want to much for there tractors! Even during the past five years (Financial Crisis) John Deere raised prices at least one time about 8.5% about 3 years ago. They were boasting record sales at that time. I still say that is one reason the housing market collapsed. We went years, & years with home prices going up 5, 6% & higher at times annually while salaries continued to go up 2.5 - 3/5% percent. Now add land values to it. Farming is going to take a major hit one day coming; its unsustainable! But till it happens...

rrlund · Dec 10, 2013

It seems to me like it's the same reason that seed and fertilizer went up. Commodity prices went up and those supplying inputs raised prices arbitrarily to "get their share".
At that price though,who can buy a tractor that size? That's on the small side of the 7 series tractors. Somebody who would use a tractor like that as their "big tractor",somebody milking 65-70 cows for example who would use it for tillage,chopping,running a round baler etc,could never pay for a tractor at that price if they lived ten lifetimes.

Formerly PaMike · Dec 10, 2013

The same thing has happened to skidsteers. 35K for a decent size machine. I have long thought that a company should make a knock off skidsteer of the old NH L785/L555 series. These machines were bullet proof, and had just enough electronics to have the needed safety features. Werent Farmtrac tractors just modern copies of the old Fords? Make a knock off skidsteer and sell it new for 20K. I bet it would sell....

farmer boy · Dec 10, 2013

John Deere went and screwed all the numbers up. A 7230R is a 230 eng HP tractor. Basically a 8210 or 8220 tractor. It's not really what everyone knows as a 7000 series tractor anymore.

From what I've read too, actual price is 20-25% off list. That brings it down to below 200,000. Still insane, but better. I don't really believe that the prices reflect inflation. It has more to do with high grain prices and high demand.

When I go to Build and Price on Johndeere.com. it shows a list price of just under 216,000 for USA and Canada($1900 extra for Emissions)

rrlund · Dec 10, 2013

Geez,didn't these guys behind the parts counter have enough confusion telling the difference between an old articulated 7520 and the new 7520? Now they want to build 7 series tractors that are larger than the 8000 series?

Anonymous-0 · Dec 10, 2013

That's because too many people are downsizing and downgrading their lifestyle. They are not buying new tractors, or new anything else.

Mike M · Dec 10, 2013

I know of one smaller size Dairy Farmer here in Ohio that has only a skidsteer and maybe one tractor ?
They hire out to have all the planting and harvesting done. There are getting to be some BIG outfits doing custom work now.

gtractorfan · Dec 10, 2013

Tier 4 emission standards added $15,000 to the prices as I understand. Are all the world's manufacturers meeting those emission standards?

4020deereboy · Dec 10, 2013

The new numbering system was so the cidiots can tell the horsepower rating with out actually looking it up and then there a letter designation to tell the options it has total bs fiatagri numbering system ! I say the parts guys get what they deserve tho

ss55 · Dec 10, 2013

Think of it in terms of how many acres of crop land you would have to sell to buy that tractor.

$250,000 / $10,000/acre = 25 acres buys a medium sized tractor, that is near normal.

Everything has gone up in the last ten years except wages.

Allan in NE · Dec 10, 2013

$10K an acre is not 'normal'; not even close.

Allan

oj · Dec 10, 2013

yes, but they won't sell then in North America... They all build simple tractors for Brazil/south America, and the Former eastern Block (although they seem to want the fancy ones these days) and India and the like... They just think we don't want them, sort of like small diesel powered cars...

VicS · Dec 10, 2013

My son replaced his 4040 with a new Kubota GX 126 this year. It was about 70000. But you could get one with the same hp and no power shift and a smaller cab , smaller tires and less hyd fiow and valves. And one that the front wheels didn't speed up 100 % to pull you around tighter than a 2 wheel drive. For I think 55000. Soo it is our fault! We want all the bells and whistles. Just compare your pickup to a 81.

Vic

David G · Dec 10, 2013

It is here in East Central Iowa, even a little tough to find for that price.

Doug Cotton · Dec 10, 2013

Yes, but you've got to love the xenon's. I wouldn't have a new tractor without them now on.

GarryinNC · Dec 10, 2013

rrlund,

The inflation calculator says that your $22,900 4040 would only cost $58,836 in 2013 dollars. Are the new tractors that much more capable/better? I also wonder how anyone ever pays for them.

Mark - IN. · Dec 10, 2013

You know? I keep "hearing" that. As a matter of fact, I heard a guy from "The Weekly Standard" make the same claim during an interview on the radio just this morning. He said that inflation is lower now by overall percentage versus growth than it was five years ago. Hmm. My lying eyes deceiving me once again, so I am to understand once again. Perhaps I should get and wear glasses, rose colored ones to match what I'm told.

Mark

donjr · Dec 10, 2013

Randy, guess I'm past buying anymore new iron. Saw a used combine advertised the other day for $283,000- base unit. Momma Deere and Cousin Case have run so many of us smaller guys out of business that they have to charge those kind of prices to keep their own heads above water because they are selling so many fewer units today. As for me, I've already had a heart attack and a stroke, so they can't scare me with that crap. I DON"T CARE ANYMORE!!!!!!

picassomcp · Dec 10, 2013

I pickup a copy of TractorHouse magazine every chance I get. I seem attracted to find what it would cost to put together the set of machinery that the local BTO"s have. I see combines they are running sell for well over $300k, track tractors at $250k plus, grain carts nearing $100k, heck even combine heads at $70k+ tillage tools at $50k+?? support tractors at $150k+ newer planters at $150k, sprayers at $75k?? and bins, dryers, semi"s, etc. I just don"t see how these BTO"s are cashflowing at all. Even if they are running 5,000+ acres. and then they trade each piece for new every 3-4 years. I just don"t see how they are doing it, but you see it happening all over.

RodinNS · Dec 10, 2013

1000 bucks per hp is the oft quoted figure around here... depending on the options. 7230R is 230 hp... so figure that you're looking at list price. Probably not too far off.

Rod

rrlund · Dec 11, 2013

Well....my pickup's an 85,so not a whole lot of difference there.

New tractor price,can this be right?

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