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Farm Machinery
Machinery
What's really going on in the machinery business?
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<blockquote data-quote="rich8100" data-source="post: 2103630" data-attributes="member: 37390"><p>Nearly all new machines get taken by contractors. And its a finance set up that means the dealers make money. </p><p></p><p>And they know the contractor will be back in 3-5yrs to chop it in to get more new machines on finance. </p><p></p><p>And of course the now old machines will be sold off either at price to pay the remaining left on them or just to move them on. </p><p></p><p>Lets face it a price machine drops quickly once it leaves the dealers forecourt. </p><p></p><p>So although there may be a large number of used machines for sale at what seems a reasonable price, there are contractors, both agri and building such as highways getting the new shiny stuff.</p></blockquote><p></p>
[QUOTE="rich8100, post: 2103630, member: 37390"] Nearly all new machines get taken by contractors. And its a finance set up that means the dealers make money. And they know the contractor will be back in 3-5yrs to chop it in to get more new machines on finance. And of course the now old machines will be sold off either at price to pay the remaining left on them or just to move them on. Lets face it a price machine drops quickly once it leaves the dealers forecourt. So although there may be a large number of used machines for sale at what seems a reasonable price, there are contractors, both agri and building such as highways getting the new shiny stuff. [/QUOTE]
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Farm Machinery
Machinery
What's really going on in the machinery business?
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