Caterpillar lexion combine resale value

Ilnewholland

Guest
#1
I guess you can look at that two waysIJ I seen the two 460's sell at Siikeston last week and was thinking for $42,000 that they are a good deal for some one. If you buy used that was a lot of combine for not much money and nowdays thats the only way I can farm. Ilnewholland
 

wheaty

Guest
#2
i couldnt agree with you more Ilnewholland the cat combines seen like an excelent deal where else can you find the capacity and technology for that money just thought i would give my 2 cents sure makes me think about it lol seem like a good machine to me
 

abe

Guest
#3
I was looking at this subject as one who buys new.Also I qustion the service commitment on these combines since cat dumped them.They have a lot of electronic gadgets to go wrong and what is the dealer commiment on a used combine and at what costIJI still say the only yellow for me is on the wheels.
 

land_Surfer

Guest
#4
It isn't a CAT Corporate committment as much as it is a CAT Dealer commitment! Most of the Cat dealers who (are worth anything) sold lexion combines prior to CAT's exit of the "Sales and Marketing" aspect of ag products continue to sell lexion combines today. Cat dealer sales, serivce and parts support continues as it always has been in the past, very very good, no matter the machine. I own a lexion have not once been concerned of sales and service support, hasn't been a problem for me or any other lexion owner from my dealer. They stand behind the lexion just as any other product with CAT on the side, just as they or any other CAT delaer is suppose to becuase they SOlD them and have no desire in tarnishing their reputation for support.
 

Ilnewholland

Guest
#5
Really at the Sikeston sale if you compare apples to apples the Cats was not that much out of line. One Cat 460 with 1160 hrs was $45,000. A JD 9610 with I think around 1500 hrs was $49,500. If I'm not mistaken they was made around the same year. Not really fair to compare a JD STS(500 hrs) to the Cat 460'sIJ It's all supply and demand. People want a STS but look at the 9600 and 9610 and tell me resale is good on a JD combine. I say what puts green in my back pocket is more important then the wheel colorIJ Ilnh
 

abe

Guest
#6
Our experience with cat construction eqpt. and truck engines is that their parts and service is way higher than Deere.I have been farming for over 30 years and have been well rewarded for choosing green. They are not the leader for no reason at all. When I was a boy IH was the leader in farm eqpt. but today IH is not in the farm eqpt bussiness and CaseIH is owned by a forign co called fiat. I will stick to my yellow wheels because they put more green in my pocket and they are a USA co since 1837.
 

land_Surfer

Guest
#7
CAT Corporate isn't the majority parts distributer for ag parts sold by CAT dealers, ClAAS and AGCO are. And, the CAT dealers have done a very good job at rationalizing the price of their ag parts to be directly competitive with the other manufacturers. The fact that who's on top of the ag "MARKETING" industry offers no real utility when "MARKETING" isn't what equals quality and value! History has proven that the "top spot" is very short lived and that mergers, acquisitions and buyouts are inevitable in the ag industry! I select those products that best align with my operation, those which generate the greatest possible productivity available, with the least amount of downtime per hour of operation. Therefore, I do not rely on brand alone to get the job done, but rather on actual product technical and performance data and their highest performance potential extrapolated from that data. And, "at the end of the day" (useful life-cycle) all is depreciated to an acceptable level, usually zero and work goes on. I sure hope it's your brains putting the money in your pocket and not the color of those wheels!
 

dakota

Guest
#8
When you start buying parts, it's going to eat up your early price advantage very, very fast.
 

abe

Guest
#9
Deere is the only company that not go broke and have to sell out or merge with a competer.This says a lot about the company and the value of its products.They have the top spot in america since the 4010 tractor.I buy yellow wheels because of what they contribute to my bottom line and the value of the company and cat selling out only reinforces that perception.
 

Ilnewholland

Guest
#10
How much more are the Cat's part pricesIJ They all seem to much nowdays. I have Cat truck motors and DD and I don't see any difference in part prices. People told me a Detroit was cheaper to work on but I have not seen any difference. Are the Cat combines hard to work on yourselfIJ Do they break more than any otherIJ Ilnh
 

Ilnewholland

Guest
#11
With people like you I have no doubt that they will not go broke. I am very glad that they make everything that you need and you are happy with it. For some of us it don't work that way. It's a big world out there and AGCO and NH has a big part of that. I don't think they will go broke also. If they do help us all because it would be a sad place to farm if we only have a JD combine to talk about. Ilnh
 

4_Star

Guest
#12
Good point, it would definately be a sad deal if there was only one manufacterer to choose from. One must always be open minded when making ag equipment investments, competition is good.
 

land_Surfer

Guest
#13
Deere may be the one on top, most everyone has had that chance. Don't let a new product introduction and fairly high stock price be leading indicators for company performance (the latter of the two is not the best indicator of company health, but rather a public response to a minor detail or occurance, usually without knowing the facts). Deere is dealing with a very large inventory of used products they are currently floorplanning, which is about to go by the wayside, as well as the floorplanning for new products. Most likely to 6 mos. terms, forcing the dealers to fend for the themselves and pursuade a local financial insitution to loan them low-interest money to inventory multiples of combines, tractors, etc. (If you owned a bank, would you do thatIJ). Deere is also dealing with substantial pension payouts (pension payouts for early retirement or layoffs has broke many a good company, especially those in an extreme cyclical industry).
 

dakota

Guest
#15
You won't really find out until you need them, because freight charges are coming on top of the already high price tag. Hard to work onIJ look at the moving parts. Is there any combine with more moving parts than a lexionIJ Many foreign made bearings are not a common size in the US. There are only a few dealers. Only a few of the few stock parts. Belts and chains are not warranty at all. Any time you hit a rock you'll need a new feed chain. The high horsepower eats up the cylinder_rotor belts in maybe 300 hours. Don't forget, it's ClAAS calling the shots here not CAT. That's why the whole title of this site is wrong. CAT does not have anything to do with this combine.
 

Ilnewholland

Guest
#16
Thanks Dakota, one more IJ If you could get any combine made right now what would you getIJ and whyIJ Okay that's two IJ Ilnh
 

land_Surfer

Guest
#17
I have run my 485R going on three seasons now and not once has a belt, bearing, chain or part been a premature issue and I run the machine over nearly 6,000 acres per year, with proper and documented service; according to the book, and dealer and we do the majority of all non-warranty work ourselves and never have a bit of trouble, even when time is of the essence.I periodically view your postings and have to question their validity. How can someone have so much trouble with a combineIJ For one thing, belts and chains should never be a warranty item when failure results due to a rock or other foreign object. If they were, we could never afford to own these machines (no matter the brand) because the insurance cost associated with frequent warranty claims would make it prohibitive to warranty. I work with two Cat dealers, the sale dealer for warranty service and parts and a neighboring dealer for parts (I live on the border between two dealers) and not once has parts availability been a problem. The one thing that I have learned about the Cat dealers is if you want them to cater directly to your farm you just have to ask. They are more than willing to customize their parts support to you and your region's customers as long as you schedule with them. And when I mean schedule, the dealers have many ways of supporting you, you just have to decide what's best.
 

make0905

Guest
#18
sorry guys but i must give also a comment to this combines! We had a Claas(Cat)480 bevore and have now an STS - and i must say the claas is not trying out a combine long enough before they sell it - thats the main problem! we bought our lex 1997 and had really great problems from the beginning! Which first was no problem because they payed nearly everything the first two years - but then started our part which means every year between 7000 an 10000 Euro going back to the company of claas!!! The claas has exactly twice as much belts then the STS - so as everyone knows there are two or three times more parts only if you compare this! I would say the company of JD really earn much money with this machine because its very simple built with less parts as possible! and the best thing is that these lease parts harvest about 20percent more than the 480! wish you a good harverst! Greetings Marcus
 

GreenThumb

Guest
#19
land Surfer, I agree with your comments and question Dakota's vadility. I heard through the grapevine that one of Dakota's Employees quit, because he could not believe how they refused to do maintance on machines when needed. He said they would not even allow them to stop and blow an air filter out. " It took to much time. " i also heard that MacDon stopped to do updates on headers. They only needed 15 minutes to do it and were told they could not stop for them. later when this failed, the group tried to blame MacDon.
 
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