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| For the used side, service parts are a pretty significant part of the Deere’s sales and overall strategy.
“Our focus on lifecycle solutions led to higher parts sales – which increased to $7.8 billion – and is keeping customers connected with their dealers”
$7.8 / $44B = 18% of annual sales (see page 2 and 5)
Info is from the Deere annual investor report:
https://s22.q4cdn.com/253594569/files/doc_financials/2021/ar/Deere-C... | |
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