Tractor Replacement- New vs Nearly New

[KennyO]

Does anyone have any figures on how much cheaper a year old less than 1000hr tractor should be vs new. And maybe rising to a two or three year old one.

Obviously with new you often get 0% finance and more warranty.

Looking at various options and trying to work out how much cheaper an ex-hire (dealer hire) needs to be to make it worth while.



Thanks

 

[icanshootwell]

Does anyone have any figures on how much cheaper a year old less than 1000hr tractor should be vs new. And maybe rising to a two or three year old one.

Obviously with new you often get 0% finance and more warranty.

Looking at various options and trying to work out how much cheaper an ex-hire (dealer hire) needs to be to make it worth while.



Thanks

Did this in 2016, new came out on top, dealers still want very good money for nearly new, sometimes you can source some very good attractive deals when buying new. Better finance options as well.

 

[benny6910]

I looked this time last year and I couldn’t find a ex hire cheep enough to beat the price of new, new was roughly 8k more to but buy the 3 years 0% sold it for me in the end.

 

[Chae1]

Does anyone have any figures on how much cheaper a year old less than 1000hr tractor should be vs new. And maybe rising to a two or three year old one.

Obviously with new you often get 0% finance and more warranty.

Looking at various options and trying to work out how much cheaper an ex-hire (dealer hire) needs to be to make it worth while.



Thanks

Try and buy a ex demo tractor. They still come with 1 full years NH warranty and 3 years 0% finance. Plus they are usually well specced.

Bought one from these guys last year.

https://www.plattsharris.co.uk/mach...lture-used-new-holland-tractor-t7-230-hire-2/

 

[Spear]

Think it comes down to the warranty package. Years ago saving 8-10k against the new price of 50-60k tractor it was a big saving but now new are 100-150k the warranty has to be worth nearly as much if not more, plus normally better finance deals.

 

[Farmer_Joe]

these a dude on here that finds deals for them aint there, like cancelled orders or something from all over europe, if i were buying new i would ask him, some really nice savings

 

[kill]

these a dude on here that finds deals for them aint there, like cancelled orders or something from all over europe, if i were buying new i would ask him, some really nice savings

@Guy

 

[D14]

Does anyone have any figures on how much cheaper a year old less than 1000hr tractor should be vs new. And maybe rising to a two or three year old one.

Obviously with new you often get 0% finance and more warranty.

Looking at various options and trying to work out how much cheaper an ex-hire (dealer hire) needs to be to make it worth while.



Thanks

What do you call nearly new? If its something with around 500 hours and maybe 12 months old, go to the auctions the dealers go to and cut out the middle man. Euro Auctions in Leeds do a lot of CNH stuff. I have a friend who's bought 5 or 6 tractors out of there in the last 2 years to update his lot and he's saved up to £10,000 on each one off dealer prices. The dealers have to offer a warranty so thats built into their bidding price so you can quite easily beat them and still get a massive saving.

 

[Mursal]

But then he's buying secondhand without a warranty?

 

[KennyO]

What do you call nearly new? If its something with around 500 hours and maybe 12 months old, go to the auctions the dealers go to and cut out the middle man. Euro Auctions in Leeds do a lot of CNH stuff. I have a friend who's bought 5 or 6 tractors out of there in the last 2 years to update his lot and he's saved up to £10,000 on each one off dealer prices. The dealers have to offer a warranty so thats built into their bidding price so you can quite easily beat them and still get a massive saving.

Dealer offered to price a year old 800 hour tractor for me. Haven't got figures yet but I can't see it having dropped enough to make it worthwhile. I think another one they have in stock at 2500 hours and 3 year old is more likely to have dropped enough to make it worthwhile. However then no warranty.

0% Finance deals are worth about £2k for two years.

 

[D14]

But then he's buying secondhand without a warranty?

Yes just like the dealer but it’s a 500hr tractor only though.

 

[Finn farmer]

The Maxxum we bought was a demo tractor, it came to us with 400h on clock and we racked 100 hours to it in two weeks. Came with two years of warranty and 20k€ cheaper than an equal Maxxum with same spec from factory.

 

[Logbrog]

just bought a T7.210 12 months old, 850 hrs, balance of warranty.
Saving on new T7.175 was £13k, so probably £20k on a 210.
Very pleased 150 hrs on.
Not bought from main dealer

 

[Magnums'R'Us]

When I bought 2 NH 7740s off someone else, not our local dealer at separate times, the local dealer would stand any warranty work up to it being a year after it was registered. The warranty came with the tractor, not who you bought it off, mind you I have never bought a new tractor since 1996 so that might be a bit out of date! They were ex hire 7740s with about 500 -600hrs on them, saved about 3-4k off new price and had 4 about months left on warranty

 

[dieselboost]

This fella maintains a saving of 10,000 -15,000 on nearly new

https://www.agriland.ie/farming-new...rowing-hire-fleets-are-the-talk-of-the-trade/

Most likely this saving is on the 'RRP' price not the straight deal new price.

T6.180's on the 100K mark now to buy new. Game has gone completely out of hand!

 

[2wheels]

the last tractor we bought pre retirement was an ex demo case with 130hrs on the clock, 6wks old. £5000 cheaper than the same spec nh. really didn't want to bypass nh but the figures speak for themselves.

 

[michael N123]

Try and buy a ex demo tractor. They still come with 1 full years NH warranty and 3 years 0% finance. Plus they are usually well specced.

Bought one from these guys last year.

https://www.plattsharris.co.uk/mach...lture-used-new-holland-tractor-t7-230-hire-2/

Try to find a ex demo that hasn’t been registered yet and get it with 3-5 years warranty

 

[michael N123]

This fella maintains a saving of 10,000 -15,000 on nearly new

https://www.agriland.ie/farming-new...rowing-hire-fleets-are-the-talk-of-the-trade/

Most likely this saving is on the 'RRP' price not the straight deal new price.

T6.180's on the 100K mark now to buy new. Game has gone completely out of hand!

I priced up a T6 180 and 145 thinking a newholland would be the cheaper option
It was not

 

[Farmerdunk]

Priced up a Jd recently. Hire Jd with 500 hours compared to demo Jd with 200 hours and 5 years warranty the difference was £33k. Same spec tractor

 

[icanshootwell]

Priced up a Jd recently. Hire Jd with 500 hours compared to demo Jd with 200 hours and 5 years warranty the difference was £33k. Same spec tractor

I have noticed in the past that jd,s pricing policy is way out there. A contractor came here once with a demo a few years back, it had a nice big sticker in the side window with a 6 figure number on it, made me laugh, are you sure you want to drive around advertising how much this tractor is worth i said.