Tractor Trade-In Tips to Keep in Mind
As a farmer, you know there comes a time when you are going to need new equipment. In many cases, the reasons for making that decision are due to the warranty expiring or the repairs simply being too costly. In this case, the only sensible thing to do is to consider trading in your old ag equipment in order to get some of the value back into your pocket. However, our experts at West Hills Tractor, located in Jonesborough, Tennessee, understand that there are a couple of factors that affect the trade-in value of your equipment. Here are a couple of tips to keep in mind when you're thinking of trading in your equipment.
Proper Maintenance Is Critical
Earlier, we spoke about the reasons why you may want to trade in your tractor. However, that does not mean your tractor should be neglected. Even though a part of your farming equipment may not be working properly, it's likely still going to hold its value if the issue is fixable. The value of your old farming equipment depends on how well you maintained it over the years. Neglecting to do this may drastically bring down the value of your equipment by thousands of dollars.
Do Not Wait Too Long
There's no doubt about it; farming equipment is meant to last. This is especially true in Johnson City and Greeneville, Tennessee, where it's not likely going to go through rough terrain and intense weather. However, you should not use this as an excuse to put off starting the trade-in process. This is because there are a couple of things that will occur during this time. First, your warranty may end up expiring thus making you responsible for paying for any minor or major repairs. The second thing that occurs is that your particular model will continue to lose value with each year that passes by.
Communicate With Dealers
Those in Johnson City and Greeneville have plenty of dealers and sellers that they can turn to if they want to get rid of their old farming equipment. However, as stated above, going with a dealer is often the fastest and less stressful route. In this case, it is imperative that you begin communicating with your dealer about the price you're looking for. It can be a little difficult, but it's worth your time if you're going to want to get the best price for your old equipment.
If you're ready to purchase a brand-new tractor for your farm, visit us at West Hills Tractor located in Jonesborough, Tennessee. Our knowledgeable staff is ready to answer any questions or concerns you may have regarding any of our items in inventory.