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You'll be dead so technically you won't. But, a proper will drawn up by competent legal representatives will preserve your ownership for your descendents and se
by doodlebugging 10y ago
You'll be dead so technically you won't. But, a proper will drawn up by competent legal representatives will preserve your ownership for your descendents and see that your real assets, and a tractor is part of your real property that can be passed without any trouble on to your descendents.
John Deere would have nothing to say about that. They would not likely want to have a lot of older machines showing up on their lots every time a farmer passes. Their focus is on keeping the buyer in the machine upgrade cycle.
John Deere in this case is trying to do what auto-makers do with their cars in selling the car and then trying to lock the buyer into long term service and maintenance at a company dealership where their OEM parts are sold at a premium and installed by trained techs who also earn a premium for the dealership service department.
There are a lot fewer tractors sold than cars and there is increasing competition from foreign rivals so Deere could be seeing part of their traditional market evaporate as smaller farm operations shift from their products to cheaper and easier to maintain foreign equipment.
There is currently a thriving market for used farm equipment, especially equipment old enough to be pre-sensor, pre-electronics. A lot of this is bought up here and shipped overseas to small farms where people understand how to maintain them through prior exposure to the older tech.
I read an article not long ago somewhere that described how older Massey Ferguson tractors are especially in high demand since they had a global distribution system before being bought by AGCO.
There is a lot of technical and service information available for old equipment. Parts are available from salvage yards and NOS (new old stock) suppliers as well as high quality reproduction parts from other sources.
John Deere risks driving their traditional customers away if they stick with the "you never own it" model. There are competitors who are advertising use of commonly available parts and sensors or tractors that don't use sensors at all making them simple for a reasonably skilled mechanic to maintain. Believe me that if you are a farmer maintaining a tractor is one of the normal parts of your life. You likely have all the tools, a large well-equipped shop, and plenty of able assistants if you need them.
I digressed a bit there. Sorry.