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Equipment buy back programs.
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MTfarm
Posted 12/20/2012 21:45 (#2765084)
Subject: Equipment buy back programs.



Shelby, MT
Our Deere dealer is moving a lot of combines the last fews years on a buy back program. I am not to knowlegable on the specifics but they will buy back your new combine at $X at the end of the first year and you buy the new one for next year at x price plus options etc. I believe the one year old combine is repeated down to another buy with similar terms. I think this might be common in the industrial equipment with counties and such but how common is this becoming with farm equipment.

This seems like a lot of variables to keep juggled. Could someone straighten me out on the ups and downs.
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