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Nw Iowa | I don’t who you are replying too, but if me would be new net minus a MUD discount, I used 5% but I do not know what current MUD schedule is but 5% would be more than 3 or 4 pieces, I am guessing a couple combines, 4 or 5 tractors and some implements. ( Deere changes MUD schedule every year as equipment goes up and sometimes more, meaning it takes more equipment or dollars than year before to qualify for same discounts) So Net minus MUD discount gives you selling price, than what putting that 300 hr on auction what it will bring. So if those numbers are 240000 apart, it costs 800 a sep hr to run. If numbers are 300000 apart than it cost a 1000 a sep hr to run. Those are not sustainable numbers for a farmer or a dealer. When a dealer does a MUD deal, they decide how much they will put in the used equipment, so there is no magic after the trade to help the dealer out. So if dealer miscalculates value or now when machinery went up too fast in good times and than corrects itself all in one trade cycle there is some real pain at the dealer. I am guessing most dealers are going to run from most of trades they had been doing until market shakes out some. They cannot lose 100000- 200000 on every trade and stay in business. If the dealer won’t absorb it than that full difference is going to customer. At a 800-1000$ a hour to trade it will slow things down considerably. All above is just a example, I am not trading X9’s , I am just explaining things how a dealer is going to look at this, many on here are so they may tell you what next years trade numbers are for 2025. Some may have did deal before things fell apart so still have some pretty good trade numbers. But sooner or later it comes back to reality or people find a way to run a lot more hrs on them or dealer get more out of used one. If I was in X9 market I would definitely had looked at this last summer’s auctions as I think auctioned very hi dollar combines will be much harder to find next year. | |
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Class 10+ Combine Depreciation. Specifically X9 and new AF11
