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Typical % off list price on new tractor
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hobby95
Posted 11/17/2014 08:07 (#4182948)
Subject: Typical % off list price on new tractor


SW MINNESOTA		I'm currently dealing on a new magnum and wondering if there is a typical percentage off of list price dealers work from? Seems like it used to be about 20%. Trying to figure out how they are treating me on my trade or if they are bidding me closer to list than a cash deal then inflating the value of mine. Thanks
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softtail
Posted 11/17/2014 08:11 (#4182960 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor


SWMN		Better yet does anyone know what the markup is on a new tractor or what the dealer pays?
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dpilot83
Posted 11/17/2014 08:28 (#4183001 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor



I think a few years ago with Case you could probably do better than 20%, maybe even 27%.

I have been doing analysis of some used machines compared to what I think an equivalent new machine would be on a good cash deal and I have been going to Deere and Case websites and building the machine on their site and then taking the price their site tells me times 0.75. I would also like feedback from others on what percentage of the list price they have recently paid.
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mafrif
Posted 11/17/2014 08:44 (#4183024 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor



NC Iowa		http://www.dfa.arkansas.gov/offices/procurement/contracts/Documents...

Obviously you will never get the discount they receive for a large purchasing contract, but it gives an idea on how much wiggle room they have.

Edited by mafrif 11/17/2014 08:44
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dpilot83
Posted 11/17/2014 09:13 (#4183068 - in reply to #4183024)
Subject: RE: Typical % off list price on new tractor



How did you find that? I'm really surprised Case is OK with something like that being publicly available on the Internet.
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mafrif
Posted 11/17/2014 09:43 (#4183125 - in reply to #4183068)
Subject: RE: Typical % off list price on new tractor



NC Iowa

Most all govt contracts are available to view.  Case actually had a link from their website to the website i posted.

I googled "case tractor purchasing contract".    Adding government, procurement, RFP, or other key words can find you some interesting bids.

I use to have a good one from Florida for john deere equipment, but can't find it now.

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sdnotill1983
Posted 11/17/2014 09:49 (#4183138 - in reply to #4183125)
Subject: RE: Typical % off list price on new tractor


SE SD		http://www.dot.state.mn.us/maintenance/equipment/contracts/contract...

there is the minnesota bid for tractors and everything they have. Funny how deere's prices arent listed but all the others are.
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IowaGuy
Posted 11/17/2014 10:26 (#4183192 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor


I got 25% on a JD at the very end of 2012. List 300K, paid 225K. With lower grain margins I wouldn't think you'd do worse.
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billybob
Posted 11/17/2014 10:55 (#4183244 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor


68340

It has been years, but I always wanted a trade price and a cash price, then I would tell them I would take my choice.

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wannabe2
Posted 11/17/2014 11:08 (#4183271 - in reply to #4182948)
Subject: RE: Typical % off list price on new tractor


NW Montana		23 to 27% on deere Its been a few years .

Govt contracts are public record.
Those prices include MUD and other concessions from the mfg..way below dealer cost.
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DevinF
Posted 11/17/2014 13:14 (#4183446 - in reply to #4183271)
Subject: RE: Typical % off list price on new tractor



Nwmo		A dealer salesman told me Deere corporate handles all the govt contracts and just gives the dealer a set rate for receiving and setting up the tractors.
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