Versatile tractor leases - The Combine Forum

 
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post #1 of 4 (permalink) Old 01-08-2017, 12:29 PM Thread Starter
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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 "
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post #2 of 4 (permalink) Old 01-11-2017, 10:04 AM Thread Starter
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Nothing? There has to be someone with some knowledge on this


Couple of my favorite quotes.

" Bigger isn't better. Better is better"
" Working towards a sustainable future in agriculture "
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post #3 of 4 (permalink) Old 01-11-2017, 01:48 PM
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I may be wrong but I thought most were 3 year leases so there's one more year left to go. I asked the dealership owner what Versatile was going to do with all these tractors coming back because I have to think everyone will be upside down on these things. He said he thought the farmers would buy them out and keep them. I thought he was wrong at the time but I've been hearing that Versatile cranked up their pricing on new tractors so maybe farmers will keep them. I heard new 4wds went up a 100k recently..can anyone confirm that?
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post #4 of 4 (permalink) Old 01-14-2017, 07:41 PM
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Did you consider the new MTZ-Kirovets 428 hp ?
There is a big thread on this forum: 428 hp Kirovet coming to North America ...

Mercedes Benz 428 hp engine, Tier 3 (no DEF)
16x8 semi power shift

New units are listed for 257,400 $ Can
Lease starts at 3,431$ Can/month
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