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Commodities tend to have very low profit margin. It wouldn't be surprising if organizations like John deer sell their tractors at a steep loss temporarily which
by swiley 5y ago
Commodities tend to have very low profit margin. It wouldn't be surprising if organizations like John deer sell their tractors at a steep loss temporarily which could prevent farmers from being able to buy other brands.
- missedthecue 5y agoJohn Deere MSRP is well above most competition.
- randomdata 5y agoA friend of mine, one of the larger farmers in the area, purchased a new CaseIH tractor a couple years back. Even before it arrived in his yard, the Deere salesman caught wind of the purchase and arrived with "We can't be having that." Made my friend an offer he couldn't refuse and the CaseIH tractor was sold before even a single hour was put on it. A high MSRP means a lot of room to play with the numbers.