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Late-Model, High-Horsepower Tracked Deeres Best Bargain of All?
John Deere’s introduction of a new four-wheel-drive tracked tractor line this past year could provide you with the best opportunity yet to pick up a late-model 9 series Deere RT for a bargain.
The launch of new technology or a replacement line of equipment can soften the values of equipment it is replacing, especially in a sluggish farm economy.
That last point is in strong play right now. Dealer inventories of high-horsepower, late-model tractors are still high, even after a year of liquidation sales. And it’s uncertain if farmers trading up to new Deere 9RX tracked four-wheel drives will be trading in wheeled 4WDs or 9 RTs.
“The situation will certainly impact the values of Case IH Quad Tracs, which stood alone in this market segment,” points out Rick Vacha of Ritchie Brothers Auctioneers. “I could see some of those RTs being replaced by the new Deere RXs.”
The other opportunity that exists with 9 Series late-model RTs right now is the ability to buy a 1- or 2-year-old tractor with low, low hours that carries like-new warranty coverage.
The Pocket Price Guide offers solid evidence of this. All the tractors listed in the guide are 2014 models with less than 500 hours. And all these tractors are being offered with a one-year PowerGard Protection Plan that extends coverage on all main components including engine, transmission, final drives, hubs, steering components, electronics, hydraulics, cab, and air conditioning.
This benefit is enhanced by the fact that all certified preowned tractors have passed a total fluid scan analysis (which provides valuable insight into how well a tractor was maintained) in addition to being field-tested, inspected, and certified by the dealer. Plus Deere throws in a one-year JDLink Connect subscription for free.
The upshot is that there is a fleet of like-new RTs with like-new warranties that dealers want to liquidate. Conditions have never been better to make a deal on tracked Deeres.
By Dave Mowitz