Combines Pricing JD 9660 STS in Canada

tobaboy

Guest
I don't think the exchange rate equipment manufacturers use is necessarily the same as the actual exchange rate. When the Canadian $ was $0.63 I think some of the companies would actually subsidize the rate; now with the high dollar they are doing the opposite. Allows them to keep the price somewhat constant over a given period of time. Not sure if this is true, but this is how local dealer explained it to me.
 

thud

Guest
I agree with tobaboy,local gleaner dealer told me the same thing. Just the other day I asked him what new Agco tractors were going for and he said they really hadnt come down in price since last year. When I questioned him on the exchange rate issue he said that the companies set the price the dealer pays and that exchange rates didnt appear to track with the prices. He was hoping that his next price update would reflect the changing rates but he wasnt hopeful. like Tobaboy says when rates were lower the companies "appeared" to subsidize the exchange and now that the rates are going the other way they 'appear" to be taking a bigger cut.(profit)
 

Greengoose

Guest
I was pricing a 9660 sts from my dealer and the exchange rate that deere has now was 1.32 they finally dropped it. Even so the price of the new ones are still was too much money
 

tobaboy

Guest
Have you priced any competing brands class sixes, just curious how they compared in price.
 

dande1

Guest
If they are in fact subsidising exchange rate, it is to protect american equipment dealers near the canadian border. If rates are really good in canada it will kill a good dealer in the us.