Why Are Tractors So Expensive Right Now?
Tractors are expensive because significant investments are required to develop and build them.
While older tractors hold value well, some farmers acquire cheaper decades-old models over pricier new ones.
Leading brands have efficiencies from mass production and mechanization advancements. But their computerized equipment exceeding $200,000 motivates buyers to explore more budget-friendly and functional alternatives.
Several factors influence rising tractor prices over the years, including improved safety systems, engine technologies, drive systems, and mower deck mechanisms.
How Do Farmers Afford New Tractors?
Tractors require significant investments to develop and build.
While older tractors hold value well, some farmers acquire cheaper decades-old models over pricier new ones.
Leading brands have efficiencies from mass production and advancements.
Factors influencing rising tractor prices over the years include improved safety systems, engine technologies, drive systems, and mower deck mechanisms.