New Tractor Inventory

Traditional Farmer · Feb 21, 2020

Was at Orange VA yesterday there are three new tractor dealers one sells MF and NH,JD place and Kubota place.The JD and MF/NH dealers had a huge inventory of new tractors of all sizes especially the JD dealer more than I have ever seen there by far,they must think its going to be a big year for tractor sales.Kubota had a normal size inventory good size too.

rustyfarmall · Feb 21, 2020

How many different stores does that John Deere dealer own? The inventory can easily be moved from one store to another, so one store may appear to be over stocked, but the next store up the road may have an almost empty lot. Case-IH dealers do the same thing.

Mike M · Feb 21, 2020

In my area of Ohio Agpro has taken over most of the JD dealers. I have never seen so many compact tractors in one place before in my life ! They have been advertising new left over stock at some good prices.

ztrmowers · Feb 21, 2020

if they work anything like the lawnmower industry it is factory forced deal. I used to be able stock 5 units now I have to have 15 or 20 units on had to be dealer, that's why I am trying retire out of that part of my projects going on. I would have around 320,000 dollars just in lawn mower show room.

Steve in VA · Feb 21, 2020

You make a good point. I lived there for
years. JD is part of a group and moves
inventory. Same w/ kubota. NH is stand
alone. In the case of JD they are in 2
adjacent counties with significant tax
differences.

BarnyardEngineering · Feb 21, 2020

Most of them are compact tractors, I'd imagine.

It's tax time. Refunds are coming to the 9-5ers. So is spring. Lots of people with cash in their pockets, get them on those sweet sweet payment plans.

Kansas4010 · Feb 21, 2020

Don't know how much truth there is to this but Jd corporate didn't used to charge the dealers for their inventory until it sells. Now they charge before they receive the inventory. That's one reason they don't carry the parts on hand they used to. Jd corporate is also forcing the dealers to take on certain items. My guess is they know there won't be as much new sales right now so they are forcing the dealers to take new equipment so the dealership has to absorb the loss. That way corporate doesn't get left with unsold inventory they can't sell. I don't know about anywhere else but I don't know of anyone in my area planning on buying anything new right now. After the past couple years even the BTO's are selling off spare equipment and merging with other BTO's to keep going.

Traditional Farmer · Feb 21, 2020

Nope there are a large group of large 4WD units,good amount of compacts too,all sizes have had a big increase from what they normally carry.

Texasmark1 · Feb 21, 2020

I think that's good business. My last lawn mower purchase was made from one site, which didn't have exactly what I wanted but was stocked at another location...next day it was there. Done deal. The JD dealer here has expanded significantly in the last 40 years where there was only one site. More volume, more assets for the customer and benefits for the employees that single shops can't afford to offer.

Traditional Farmer · Feb 21, 2020

I was by another JD dealership they own the other day when I went to drop off the tax stuff to the accountant and they have a large amount of inventory but they now have more space so I figured that might be the reason for so many tractors there.Anyway none of those things would apply to the MF/NH dealership having increased inventory.

RedMF40 · Feb 21, 2020

I'm guessing tractor dealerships operate same way as new car dealers--nice, shiny new tractors arrive at the dealership along with some kind of financing agreement. Maybe zero percent for a certain term then you better start paying up if that tractor doesn't move. As the owner, I'd look at all those tractors on the lot and get scared. I don't deal well with that kind of stress.

moresmoke · Feb 21, 2020

In the big farm equipment I work around, there are two types of buyers. The 50% that plan ahead and order what they want, pay for it by the end of the year for tax savings. Then there are the other half that get up one morning, think I need to do xxxx tomorrow, I better go buy a piece of equipment to do that.

LAA · Feb 21, 2020

They should sell, how many retired government workers with fat and guaranteed pensions are there within rock throwing distance of Orange Virginia? Most of them are ?woke?, they will pay a premium for all types of produce plus all the head bangers who want a sheep or goat, small time farmer can?t lose in that area I would think.

Steve in VA · Feb 21, 2020

Butch used to carry a whopping inventory.

flying belgian · Feb 21, 2020

Maybe they anticipate Tr--- giving farmers another mfp payment this year and they want to be ready. I bought a new JD tractor last year because of that payment. I'm not saying yay or nay to that payment. That is a topic of another discussion.

New Tractor Inventory

Traditional Farmer

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rustyfarmall

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Mike M

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ztrmowers

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Steve in VA

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BarnyardEngineering

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Kansas4010

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Traditional Farmer

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Texasmark1

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Traditional Farmer

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RedMF40

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moresmoke

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LAA

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Steve in VA

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flying belgian

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