Posted by Mark - IN. on October 04, 2015 at 10:57:30 from (98.206.242.17):
In Reply to: Jd dealer sales staff posted by NEIADan on October 02, 2015 at 17:50:17:
About a decade ago I bought an old '70 4520 for about $5,000 that was setting on the lot of my local Deere guy. It was on a Saturday and I was there picking up something and saw it on the lot setting next to a wide front B. When I went in and inquired about it, they sent me over to the sales fella's desk to talk to him. I asked how much for the 4520 out there, and he told me something like the mid or upper $20's or low 30's, I forget which. I was shocked. That much for a beater 4520? He took me outside to take a look at it, and when we walked outside, I started towards the 4520 and he headed in another direction, so I turned and followed him to some new mid-sized tractors, two of which said "4520" on them, but sure as heck weren't any 4520's I'd ever seen before. I guess this would have been around the year 2004 or 2005 when Deere came out with a new line of mid-sized tractors rebranded with old model numbers. I pointed to the real 4520 across the lot and he scoffed that it had new batteries and he wouldn't take less than $5,000 for it. When went back inside, I wrote him a check, drove it a few miles home.
As near as I can tell, these days most folks lease their equipment. In the Spring the tractors move off of the lots into the fields, the combines move from the fields onto the lots. This time of year, just the opposite. The tractors move from the fields onto the lots and the combines and pickers move back into the fields. Oh, some own their equipment, but I'm betting that most don't anymore. Some of the biggest farmers around me get equipment dropped off by the really big corporations like Gerber, Green Giant or whoever they are contracted by. They use the equipment, it gets picked up and moved and then used elsewhere.
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