Re: 560 fast hitch to 3pt

Posted by Hugh MacKay on June 17, 2006 at 18:32:27 from (209.226.247.135):

In Reply to: Re: 560 fast hitch to 3pt posted by Lance R. on June 17, 2006 at 17:40:19:

Lance: I should clarify, I was talking Canadian dollars and Canadian Sales. Not exactly sure where the CAD and USD stood in relation to one another in 1962-63, however when I was a teenager I can remember CAD being $1.12 USD. That would explain some of it.

The other factor at play here is these multi-national corperations had completely different pricing in Canada and the US. Just to give you an example, 10 years ago it was possible to buy a new Deere, CaseIH or NH tractor in Canada, run it 3 years and sell it in the US for the same money as we paid for the tractor. In essence we could run new tractors, for the interest on the investment. I haven't made it my business to be in the know lately. However, 3 years ago a friend of mine was leasing a fleet of new Deere's, for an exceptionally low rate. He tells me that at the end of the lease term, a US truck and not the dealer picked up the used tractor. He just leased another fleet of new ones for 3 more years. I see he has another new fleet this spring

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