What is the best time of year to buy a compact tractor?

13, May. 2024

 

Purchasing a Tractor and the Best Fit for Your Farm - Agriteer

You’re in the market to buy a tractor. But what do you need to know? What time of year is best for purchasing a tractor? What model will best fit your needs? What if you want to buy tractor equipment or attachments?

Goto HUILI Machinery to know more.

 

Let’s take a look at some factors to consider, and get you started on making the right tractor purchase in 2020 and beyond.

 

Things to Consider Before Buying a Tractor

Consider these helpful aspects so you can make the best purchase, whether you are looking to buy a new tractor, thinking about purchasing a used tractor, or interested in a tractor lease.

 

  • Purpose:

    What do you plan to do with your tractor? Till, plow, move snow, bailing hay… These are some of the important things that tractors can do, but prioritize what you will be doing the most as you start shopping around. You may be attracted by a tractor that has 10 functionalities, but if you will only be using it for 1 to 3 purposes, you may be over-buying. 

 

  • Location:

    Where will you be driving your tractor? If you need to move it from point A to point B, and there is a fence or gate in the way, consider whether it’s more important to widen the gate or get a smaller tractor. 

 

  • Comfort:

    Do you want climate control in your cab? It will probably cost more for heating and/or air conditioning, but you or your employees may be able to work longer if the tractor is more comfortable.

 

  • Safety features:

    For instance, some tractors come with roll-over bars, to protect the driver in case the tractor rolls over. Ask your dealer about the safety features that are important to you.

When is the Best Time to Buy a Tractor

Generally speaking, tractor sales are like car sales, in that you’ll find more discounts and better deals when it’s the end of a fiscal year or when manufacturers and deals have a backlog of equipment they want to get off their hands. 

 

There is not really a best time of year to buy a tractor.

 

  • Small- to medium-sized tractors:

    You may find good deals on these any time of the year. However, if you have to rent a tractor to get you through until you can save $500 in a sale, you will probably be losing money. If you need a small- to medium-sized tractor (or if you know you will need one in the near future), go ahead and buy one. Waiting to try to catch sales doesn’t always save you money in the long run. 

 

  • Large tractors:

    You are likely to find the best discounts on these at the end of the dealer’s fiscal year, because that’s when the manufacturers are offering discounts to the dealers—which results in savings to you. To find out when your dealer’s fiscal year ends, simply give them a call!

 

The Best Model for Your Needs

 

 

Okay, so you’ve figured out what you want your tractor to do for you. You’ve determined that it’s time to start shopping. What is the best tractor to buy? Here are some common models and features to consider:

 

For more information, please visit compact articulating tractors for sale.

  • Compact Utility Tractor:

    Many small farmers (and even some avid gardeners and home/landowners) find compact utility tractors (CUTs) to be eential to their lives. These

    small farm tractors

    can handle routine tasks like mowing, general landscaping, and material handling. They are usually a lot of power in a little package, making them perfect for attaching and reattaching the right tools and equipment for whatever job you are trying to do.

 

  • Backhoe Loader:

    A backhoe loader can be really useful because it is 3 things in 1: tractor, loader, and backhoe. As a tractor, it can do all the things a normal tractor does. As a loader, it picks up and moves things, smooths dirt or other surfaces, and pushes things from one place to another. As a backhoe, it digs up soil or places heavy objects. It can usually be stabilized with two legs that take the brunt of the weight (thus saving your tires and wheels).

 

  • Garden Tractor:

    Think “grown up lawn tractor.” This is the equipment that will till, furrow, tow, and even plow dirt or snow on small farms or big gardens. Garden tractors usually come with big wheels in the back for stabilization over small inclines and rough land.

 

  • Utility Tractor:

    This is a mid-sized tractor that is like a compact utility tractor, but bigger. If you have quite a bit of land, and your CUT isn’t doing the job anymore, consider up-sizing to a utility tractor. It’s going to have more power, move more soil, do bigger jobs, and cover more ground in a faster time.

 

Conclusion

If you still have questions or want to talk to a knowledgeable tractor representative, start a conversation with us today. We can help you with buying a used tractor or a new one. 

 

Whether you know what you want or need to know how to choose a tractor, our extensive inventory of new and used tractors is sure to include exactly what you’re looking for at a price that is up your alley.

Best Time to Buy A New Tractor

One of the questions I get asked all the time is “When is the best time to buy a tractor?”  If you’re shopping for a compact or subcompact tractor, it might be time to start looking.  Generally the best time to buy a tractor under 100 hp is when there’s too much inventory, and at least one sign is pointing toward that situation.

Latest retail numbers indicate North American tractor sales could be cooling off. I’ve posted the sales  numbers below, and you can see there was a drop across the board.

By the way, a 40 hp 4WD tractor is actually classified as a 2WD for reasons only known to the organization that keeps the numbers.  The “2WD” designation means non-articulated.

  • 2WD Farm Tractors (<40 HP) – 2.6%
  • 2WD Farm Tractors (40<100 HP)  – 4.8%
  • 100+ HP -7.4%
  • Total 2WD Farm Tractors -3.4%
  • 4WD Farm Tractors -15.7%

A Blip or a Trend?

This may have been a blip, because sales numbers on small tractors have been up almost every month for a long, long, time. But if I were considering a tractor purchase, I’d think about doing some serious shopping right now.  Dealers and/or manufacturers may be thinking about  unloading some inventory before winter.

You never know when the cash offer the dealer laughed at in June gets sheepishly accepted in August.  It wouldn’t hurt to circle the wagons again.

Some Serious Help for Buyers

You’ve decided you’re ready to buy a tractor. Want to make sure you get the right size? The options you need?  The attachments you’ll use? And still get a good price? Order a copy of my e-book “An Insider’s Guide to Purchasing a Tractor”.   I discuss all the tractor basics, as well as the behind-the-scenes activities that dictate pricing so you can go in prepared. This book will help you understand what to ask when buying a new tractor. If you are buying your first tractor, reading this book may save you quite a bit of money. 

Learn About Sprayers

My most popular video last month concerned purchasing a sprayer.  In this video I look at what could be the perfect sprayer for the small tractor owner.  I share options that are important to consider no matter what  brand of sprayer you choose.

Hot Summer, Cool Product

I’ve been enjoying my RhinoHide canopy this summer, the first canopy I’ve ever owned. I’m back in the timber a lot and needed a truly removable canopy.  RhinoHide is the only one I’ve ever seen that a 60 year old guy can take off by himself.  Unscrew a couple of knobs and lift it right off; it’s incredibly light.  A canopy is a really nice addition to a non-cab tractor. It greatly cuts down on temperature and fatigue while brush hogging.

Neat Trick with Free Vinyl Groundcloths

I was servicing my tractor the other day and found a neat trick.  If you know anyone who is in the billboard business, become their friend.  Wes and Julie, my neighbors, own a couple of billboards on some property near here. It’s an investment for them, but when the contract for the billboard ad is up, the vinyl ads come down and get discarded. Wes gave me one. It’s about the best thing I’ve ever found to put beneath a tractor you’re working on.

Now I’m not lying right on the hard, dirty barn floor.  I’m on soft, clean vinyl that catches any dropped bolts or nuts and keeps them in a tight area.   Add  a Powerbuilt 3-In-1 Creeper, and work is cleaner and much more pleasant!  The 3-In-1 Creeper is the most comfortable place to be when you’re doing mechanical work…it’s a GREAT INVENTION!

 

 

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