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Roseglen, North Dakota | I did not say ALL MUD deals were cash
I said the majority in our area are
Many have 0 debt and they are still profitable with today's grain prices.
So, yes, many will keep trading (machinery is ordered now) for reasons mentioned:
They can afford it
They want warranty. ( who can blame anyone for that with the poor track record of some new machinery)
They take 40% off the boot price because that's the tax bracket they're in. | |
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