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John Deere tractors have held their value historically better than Kubota, Mahindra, New Holland, and Massey Ferguson. These are the main dealers in our area.
by beauzero 7y ago
John Deere tractors have held their value historically better than Kubota, Mahindra, New Holland, and Massey Ferguson. These are the main dealers in our area. I can't speak for the midwest.
- chicob 7y agoWhere I work (Portugal), John Deere tractors have been sold for decades and this year Kubota made a record comeback. Most contractors use New Holland tractors now. I suspect the reason is a shift from annual crops to permanent crops, that do not need much of the high-end functionalities.
- mrguyorama 7y agoOne of the reasons they are holding their value is that nobody wants to buy the new ones and get screwed by this predatory DRM. It's a similar situation to the value of diesel pickup trucks the model year before certain emissions standards came into effect
- Theodores 7y agoIn some areas of tech people only buy Intel. AMD might sell cheaper chips but people that place a premium on floating point performance, e.g. because they do 3D modelling, aren't going to be interested. Your gamer who has similar demands might go for price (so they can spend more money on games). If it is the main tool for your job then you aren't going to want anything less than the best. John Deere seem to have that going for their business strategy. The tractor business model reminds me of how workstations and mini-computers were sold with vendor lock in. That market didn't survive the 1990's and the onslaught of affordable PCs. There is nothing on the horizon to disrupt the tractor business, it is not as if new affordable mega-tractors are going to come along at ordinary car prices to encourage masses of people to go 'back to the land' and put the likes of John Deere in difficulties. Bigger and bigger agri-business can't go on forever though, it is built on assumptions about the inputs. Half of the food on my plate tonight comes from places too far away for me to ever fly to myself, but, if climate change action is to happen then my diet and everyone else's will have to be a lot more locally sourced.
- hilbert42 7y ago> Half of the food on my plate tonight comes from places too far away for me to ever fly to myself, but, if climate change action is to happen then my diet and everyone else's will have to be a lot more locally sourced. An excellent point that I've have views about for years. Reckon we need to cover this under a separate topic as it's a huge one and covers such issues about what is and is not or should not be permitted under capitalism and free trade as we understand them today.