Fendt 724 value

[spikeislander]

Sorry . yes

 

[spikeislander]

If I couldn't I wouldn't really. Unless it could earn.

 

[warksfarmer]

Looked back to June 2014 when we had a 6210r quote and it was £17,545 cheaper than the Fendt 724 quote. Specification as close as possible with hardly any differences in it other than the 30hp forgetting about transport hp side of thing.

(At the same time a JD 7280R was £1,495 cheaper than the Fendt 724 and the JD price included the a 4000 hour power guard plus plan as well.)

These are official dealer quotes but strangely the Fendt was the cheaper to hire than the 6210r by £3,297.72 per year meaning over a 5 year deal the Fendt is £16,488.60 cheaper. The hourly service charge for both machines was within pence of each other and both tractors had the same warranty.

There were no variables between the deals of both options in terms of hire. The difference in the hire price was purely down to the residual value guaranteed by each manufacturer.

Then when you add in the reduced fuel use (Yes the fendt 724 does use less fuel per hour than a 6210r because it was monitored over 400 hours of use and it definitely uses a LOT less than a 7280r) to have the fendt on farm is the cheaper option.

To add some balance to this argument at the same time whilst the purchase prices of both Case Puma 230 CVX (£32,495 cheaper) and NH (£35,679 cheaper) at the same time were significantly less than both the above the hire price of these was again more than the Fendt per year.

There are two JD dealers and three Fendt dealers within the vicinity.

 

[NZ Tech]

Hmm.. a 7280r has a 9.0ltr engine... So you cant really compare the two accurately. Strange compare

 

[Derky]

I think its the opposite. A new customer would get better discount to jump brands. I know the dealer can apply for "extra new customer discount from some manufacturers".

 

[warksfarmer]

Hmm.. a 7280r has a 9.0ltr engine... So you cant really compare the two accurately. Strange compare

Re read this time with glasses on.

 

[Chae1]

As I've said before I priced Jd to fendt 18 months ago and it was around 30k more than a new Deere. I'm sure the market has changed massively since then.

Looked back to June 2014 when we had a 6210r quote and it was £17,545 cheaper than the Fendt 724 quote. Specification as close as possible with hardly any differences in it other than the 30hp forgetting about transport hp side of thing.

(At the same time a JD 7280R was £1,495 cheaper than the Fendt 724 and the JD price included the a 4000 hour power guard plus plan as well.)

These are official dealer quotes but strangely the Fendt was the cheaper to hire than the 6210r by £3,297.72 per year meaning over a 5 year deal the Fendt is £16,488.60 cheaper. The hourly service charge for both machines was within pence of each other and both tractors had the same warranty.

There were no variables between the deals of both options in terms of hire. The difference in the hire price was purely down to the residual value guaranteed by each manufacturer.

Then when you add in the reduced fuel use (Yes the fendt 724 does use less fuel per hour than a 6210r because it was monitored over 400 hours of use and it definitely uses a LOT less than a 7280r) to have the fendt on farm is the cheaper option.

To add some balance to this argument at the same time whilst the purchase prices of both Case Puma 230 CVX (£32,495 cheaper) and NH (£35,679 cheaper) at the same time were significantly less than both the above the hire price of these was again more than the Fendt per year.

There are two JD dealers and three Fendt dealers within the vicinity.

Why does Clive get such keen prices on a Fendt! ? Was a 20k difference when we did same exercise.

 

[Jim B]

the classified ads don't back that up ?

and Fendts cost no more than JD's new or according to a recent post by another member no more than a NH either - really not sure why this myth persists when there is so much evidence to the contrary ??

judging by prices dealers are advertising stock at had I bought the almost equally priced 6210r's instead of the 724's I would be significantly worse of today

i don't understand what Fendts are so expensive 2nd hand compared to others but it seems to be the case they do sell for more used than a equivalent spec and aged tractor of another brand and the new price REALLY is not significantly different

Asking prices by SOME dealers mean very little to what they actually sell for, especially in the current climate where dealers would probably sell at cost price or even a loss with over priced stock stuck in yards for months or years on end.

Ask any dealer of used second hand tractors with actual cash to buy a used tractor then you'll see what it's actually worth in the current market.

 

[kill]

Why does Clive get such keen prices on a Fendt! ? Was a 20k difference when we did same exercise.

If Clive's dealer hold's the pre arranged buy back price in this climate then he's a very ,very lucky man but I doubt for a second he will get the new machine's quite so competively to purchase. Good for him tho but no dealer could afford to do the same to every customer tho as a yard full of secondhand tractor's that have cost 20k each more than they are worth each is suicide for any dealer!!!!!

 

[stevedave]

We priced a Fendt 716 against a NH T7.200 and there was £15000 difference in price. The payments were the same for the 716 over 5 years as the NH over 3. So by the time you add on £5000ish for new tyres that I don't have to buy for the NH the Fendt need to earn me £20000 more to make it close to the cost to own of a NH (we'll forget about fuel otherwise the case for the Fendt looks even worse), so if you are looking to own the tractor at the end of the finance and don't have a buy back ( that I can't find any dealer who will do) then changing make to go to a Fendt makes no financial sense. We were lucky when we bought a second hand Fendt we had a good deal and then we were in to the Fendt system so changing for a new one wasn't too bad but the price to change was the same as it cost to change a 5 year old NH for new NH. The first Fendt is expensive but after that they are more or less the same to change for a new one as any other make if you want to make the best use of the higher second hand value you change your Fendt for another make.

 

[MrOl]

We priced a Fendt 716 against a NH T7.200 and there was £15000 difference in price. The payments were the same for the 716 over 5 years as the NH over 3. So by the time you add on £5000ish for new tyres that I don't have to buy for the NH the Fendt need to earn me £20000 more to make it close to the cost to own of a NH (we'll forget about fuel otherwise the case for the Fendt looks even worse), so if you are looking to own the tractor at the end of the finance and don't have a buy back ( that I can't find any dealer who will do) then changing make to go to a Fendt makes no financial sense. We were lucky when we bought a second hand Fendt we had a good deal and then we were in to the Fendt system so changing for a new one wasn't too bad but the price to change was the same as it cost to change a 5 year old NH for new NH. The first Fendt is expensive but after that they are more or less the same to change for a new one as any other make if you want to make the best use of the higher second hand value you change your Fendt for another make.

And presumably if the new cost of a Fendt is coming down so will second hand values so they will all become much of a muchness price wise....which assuming Fendt keep the quality of their machines high should put them in a pretty strong place? Unless NH and co. prices are also dropping....?

 

[farmerbill]

If Clive's dealer hold's the pre arranged buy back price in this climate then he's a very ,very lucky man but I doubt for a second he will get the new machine's quite so competively to purchase. Good for him tho but no dealer could afford to do the same to every customer tho as a yard full of secondhand tractor's that have cost 20k each more than they are worth each is suicide for any dealer!!!!!

It doesn't matter if the buy back price is £20k down if the new price is £20k down as well. If the cost to change is the same everyone is happy?

 

[warksfarmer]

It doesn't matter if the buy back price is £20k down if the new price is £20k down as well. If the cost to change is the same everyone is happy?

Exactly but as well as that the 'Fendt package' is the best 'all round' deal at the moment.

Although I'd like to see Case IH do a proper hire and in house warranty package as in my opinion their CVX tractors are on par with Fendt now. It's got a premium look about it but well priced compared to others.

 

[Ducati899]

I'm confused,told uncle about this thread yesterday,he's been told their going up!! He's been running fendts since 1994

 

[Clive]

If Clive's dealer hold's the pre arranged buy back price in this climate then he's a very ,very lucky man but I doubt for a second he will get the new machine's quite so competively to purchase. Good for him tho but no dealer could afford to do the same to every customer tho as a yard full of secondhand tractor's that have cost 20k each more than they are worth each is suicide for any dealer!!!!!

I can buy my new machines from whoever I like - any brand or any dealer so if anyone is not competitive they won't get a sale

I may not even buy Fendt next time, I have said before I have no brand loyalty as my history confirms over the last 20 years, we have run them all pretty much at some point !

 

[Will0]

Is anyone getting a guaranteed buy back price at the moment? The current financial climate is very sticky to say the least, can't say I'd bet on the value of a European product in five years

 

[kill]

Is anyone getting a guaranteed buy back price at the moment? The current financial climate is very sticky to say the least, can't say I'd bet on the value of a European product in five years

Export on top end machine's is all but totally dead due to the exchange rate unless stolen from the owner by a thieving pikey or dealer as thats whats been a great help to keep secondhand prices high

 

[bluegreen]

According to the various manufacturers brochures as a power guide
A Fendt 724 is rated at 220hp.................max power is 240hp at ECE R24.......8000kg
JD 6215R is rated at 201hp................max power is 224hp at ECE R24 .......8500kg
JD at 97/68EC its 215hp and 237hp.....................rising to 255 with max boost.
The Deere looks much bigger and heavier than the Fendt, especially on 650/ 85/ R38s though

New Holland T7.270 / CASE Puma 240cvx ..........240hp rated / max power 260hp at ECE R120 ..........8140kg

CNHs newest machines appear to have a better power to weight ratio than the Fendt 700s and JD 6Rs or 7Rs for that matter!

 

[Chae1]

A t7 270 is only 198 hp.

 

[Thomas5060]

A t7 270 is only 198 hp.

View attachment 285400

that's 198kw, hp is the 2nd figure