Versatile tractor leases
A couple years ago versatile dealers moved a lot of new tractors due to a very attractive lease program, from what I understand was that theses leases were for 5-600 hours a year at a pretty low annual payment based on a 2-3 year lease. I can only assume that the residual buyout was quite high on these tractors.
I would like to hear from some of you who maybe took advantage of these leases and what is happening now with these tractors as the end of the lease term approaches. My thoughts are there are going to be many of these tractors returned to dealers.
Last spring I inquired about leasesing a new versatile and found out that the lease program had been changed and was not as attractive any more.
Couple of my favorite quotes.
" Bigger isn't better. Better is better"
" Working towards a sustainable future in agriculture "