Ultimate Guide to Buying a New Tractor | Holt Ag Solutions
Ultimate Guide to Buying a New Tractor | Holt Ag Solutions
So, you’re in the market for a new tractor. Maybe you need an upgrade, or you’re looking for your first tractor and need a place to start. Whatever your situation, we’ve compiled a comprehensive list of tractor buying tips to help you get started.
When Should You Buy a New Tractor?
There are many reasons you might need to buy a farm tractor, whether you’re expanding your operations or simply need a new machine. You may also be looking to replace an old machine. Signs that you will need a new tractor soon include:
- Your current tractor has worked 12,000 hours or more.
- You need to replace engine parts often.
- New technology is available.
- New parts are increasingly unavailable for the model you have.
- The scope of your work is changing and you need new equipment to keep up.
- You’ve increased your acreage or livestock.
If you’re looking for your first tractor, rest assured that you have plenty of options available. Learning as much as possible about tractors and their uses can help guide you toward your best fit.
Types of Tractors and Farming Equipment
If you’re shopping for your first tractor or haven’t bought a new one in a few years, you might want a quick refresh on what type of tractor can best help you maintain efficiency and productivity. While there are dozens of different types of tractors, implements and heavy agricultural equipment, here are some common variants you might find useful on your farm.
- Combines: Also known as combine harvesters or forage harvesters, combines provide several different capabilities, including harvesting, threshing, gathering and winnowing. As the name suggests, this type of equipment “combines” many functions into one machine to help you efficiently harvest crops.
- Wheeled tractors: Also called utility tractors, wheeled tractors are excellent for streamlining tilling, planting, spraying, and many other farming practices. These general-purpose tractors come with a range of lifting capacities to accommodate land management, small-scale crops and specialty farming applications.
- Track tractors: Track-type tractors move on a continuous track rather than tires, giving them excellent traction. These tractors are efficient, easy to maneuver and can withstand a range of conditions, even on wet soil. Tracks also decrease compaction by displacing the weight of the tractor over a larger footprint.
- Hay equipment: Small farms and commercial hay producers can both benefit from hay equipment solutions. Hay balers cut and compress bales of hay into easily transportable shapes for farmers and ranchers. Hay rakes collect hay, prepare it for the balers and keep it dry and speeds up the baling process. Hay swathers cut hay and other small crops and form them into windrows to dry out.
- Attachments: The variety of farm attachments and implements you can use with tractors drastically increases the versatility of your machinery investment. Attachments like mowers, seeders and tillage equipment allow you to accomplish more tasks with a single piece of machinery.
- Sprayers: Much like spreaders but intended for liquids, sprayers are pieces of farm equipment that make it easy to apply pesticides, herbicides, nutrients and fertilizers across acres of land.
What to Know Before You Find a Dealership
Whether you need to upgrade your current tractor or are just getting into farming with heavy equipment, you might not know where to start. With so many different sizes, models and options available, it can take a while to to find the right tractor for your job. Here are some steps we recommend to streamline the process.
1. Do Your Research
While dealership etiquette is similar, shopping for a tractor is different than shopping for a car. For one thing, tractors last years, even decades, longer than the average car. As long as you keep up with regular maintenance and proper use, you could even use that same tractor for the rest of your life.
That’s why the first thing you should do when buying a tractor — or any farm equipment — is to conduct plenty of research. You want enough time to weigh all your options before buying your first tractor to make the best choice, while understanding that farms operate 365 days a year. Often times farmers are rushing to find quick solutions. Using your local dealership’s expertise will help you quickly find the most efficient solution.
Asking around is a good place to start because experienced farmers and tractor enthusiasts can tell you what you need to know, from red flags to look out for and any quirks specific models may have. Googling, reading product reviews and consulting with dealers should be your next step.
2. Create a Priority List
While you’re researching, make a list of everything you need the tractor to be able to do. Consider these factors when buying your new or used tractor as your deal breakers.
Next, list everything that would be nice to have but isn’t completely necessary by forming a “needs” vs. “wants” list. Things like an enclosed cab or a specific transmission system come to mind. Additionally, while it can help to know about brand specifications, it’s better to focus on your own goals for the tractor.
3. Determine Your Budget
When calculating your budget, you should also factor in additional costs like repairs, add-ons and implements. Research what each dealership in your area charges for specific models and compare the prices you find. This method is beneficial when you already have a particular model in mind, but it can also help you determine the most reasonable price.
4. Consider Your Property and Tractor Needs
Once you have a budget in mind, you can begin narrowing down your search for a suitable tractor. An effective way to find the right one for your needs is to consider the specific ways you plan to use it on your property.
Will you be doing fieldwork, plowing, hauling, towing or cultivating crops? If this is your first time buying a tractor, you may not know all the different ways you can utilize it. Be sure to discuss all your farming needs with your dealer.
You’ll also want to think about the type of property you will use your tractor on. Is it flat land? Are there narrow spaces you’ll need to fit through? Does your property have steep slopes? For instance, if you have a large plot to work, you might opt for a tractor with more speed so you can get the job done efficiently.
If you have farmland with lots of gates, barn doors and or equipment, you may want a compact model to navigate those tight areas.
5. Consider Operator Comfort and Convenience
Though comfort may not be the first thing on your mind when you think of heavy farming equipment, it can make working long hours less difficult. Keeping yourself and other operators more comfortable may even help you be more productive. Of course, you’ll need to sit in the tractor and try it out to determine how it feels to you.
Additionally, you’ll want to consider how you’ll feel when working through sweltering summers or freezing winters. You might want an enclosed cab, air conditioning, extra padding in the seat or an ergonomic control setup for ease of operation. Even the smallest details, like large glass windows for extra visibility, can make all the difference. If you’re hobby farming and aren’t as familiar with heavy equipment, a model with ample comfort and convenience can give you the confidence to work on any terrain.
New vs. Used Tractors
Should you buy a new or a used tractor? That depends on your budget and your needs. You can save thousands by opting for a used vehicle, but the long-term investment of a new tractor might be better for your situation.
If you do plan to buy a used tractor, make sure you trust the seller. Ask them how they used the tractor. Did they ever experience anything out of the ordinary? What is the tractor’s power takeoff horsepower (PTO-HP)?
Here are some essential things to look for when you’re inspecting a used tractor:
- Signs of wear: Check for leaks, rust, abnormal noises when driving or anything that seems off.
- Tire condition: Look out for bubbles, cracks and cuts in the tires.
- Hours: Total hours on a tractor is a good indicator of it’s lifespan.
- Test drive: Just like with a new tractor, take it for a test drive. Make sure you feel comfortable with the transmission system and driving mechanics.
If anything seems off to you, it might be best to look for a new seller.
The Benefits of a New Tractor
While a used tractor might seem more affordable now, you should remember that there will be additional costs down the line. Because it’s already logged some hours, you may need to bring this tractor in for more frequent repairs and maintenance. A new tractor will also last longer than a used one, which can be more cost-effective.
You also want to consider technology and upgrades. How much longer will parts be available for a used tractor? With a new tractor, you have more time before it becomes obsolete. You’re also more likely to find energy-efficient and emissions-compliant engines on newer machines, which is vital in the state of California.
Additionally, heavy equipment technology is always evolving. By investing in a new tractor, you can benefit from the newest features and integrated technology. These resources can make for a more efficient and productive operation.
What to Look for in a Tractor Dealer
When you’re buying a tractor, it’s best to buy from someone you trust. Both the dealership and its individual representatives can give you clues as to whether this seller is a good fit.
Some important things you should look for when deciding on a dealership include:
- Inventory: A good dealership will have an extensive selection of tractors that fit various needs.
- Facility: The dealership facility should be customer friendly and organized so it is clear what kind of service the business provides.
- Ownership: Is it a small, family-owned business or a branch of a large company? This distinction can make all the difference in the service you’ll get moving forward.
- Quality support: In the event of a breakdown or emergency, you should be able to rely on your dealer to provide quick service to prevent unscheduled downtime. Your dealer should be a partner in helping your business stay productive and offer scheduled repairs to keep your machine well-maintained.
Ultimately, when you choose a dealer, you’re choosing a long-term business partner – if you feel mistreated, it’s time to look somewhere else.
What to Ask a Tractor Dealer
Make sure you let your dealer know what you’ll be doing with your tractor, both now and in the future. A good, well-maintained tractor can last decades, so you want to account for any changes in the size and scope of your operations moving forward.
To get the best understanding of each model, you should ask your dealer about the following features and functions:
1. Horsepower
One of the most important things to consider when shopping for a tractor is the power you’ll need. Generally, higher horsepower means a bigger tractor.
There are two types of horsepower — the engine’s horsepower and the power takeoff (PTO) horsepower. The engine horsepower refers to the full power the engine produces.
On all tractors, features like power steering, hydraulic pumps and hydrostatic drive leech power from the engine in a process called parasitic loss. That loss means your actual horsepower is lower than what your engine is producing. That excess energy is what you will use to power your attachable implements.
So why does PTO horsepower matter? If you need to use any implements, you’ll need to know your PTO first. This should be a lower number than your engine power. Using an implement that requires higher power than what you have can be dangerous, resulting in a damaged tractor or even personal injury.
Ultimately, your safest bet is to buy the biggest tractor that’s reasonable for your needs. Choosing a tractor with high horsepower can ensure you have the energy to get the job done now and in the future if your tasks change.
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2. Tractor Size and Performance Capabilities
- Sub-compact: Sub-compact tractors are the smallest commercial tractors available, with engines generating a total of 15 to 25 horsepower. Since they’re so small, they’re simple in terms of features and suit light operations, such as hauling dirt and mowing pastures, and other home projects.
- Compact:Compact tractors weigh about 4,000 lbs and are under 100 horsepower engine. They’re best for lighter commercial tasks like hauling small loads, removing snow and maintaining roads. Some larger models can be used for specialty crop applications when modified with an orchard cab.
- Utility: Utility tractors range from 40 to 100 horsepower and tend to come with more bells and whistles. Cabs are sometimes standard on these tractors, and some may even have advanced technology like computer systems or artificial intelligence (AI). They’re most useful for heavy work like large-scale hay operations and livestock hauling.
- Mid-size: Also classed as mid-range tractors, this category of equipment provides a convenient and comfortable solution ideal for livestock maintenance, feedlots, dairy farms, municipalities and various specialty applications. Mid-size tractors offer maneuverability and power without compromising fuel efficiency.
- High horsepower: High horsepower tractors have the power and versatility to handle a variety of demanding tasks. These tractors are suitable for agribusiness applications like tillage, planting, harvesting, lugging, baling and loading. Their capabilities enable you to take on even the most difficult projects.
You need to know two things before choosing a specific size — your daily operations and the size of your land. If you need to squeeze into smaller spaces, buy a compact or sub-compact tractor. However, if you need high horsepower to do heavy tasks, you should look into something a little larger, like a utility tractor or a tracked tractor.
3. Transmission Systems
The transmission controls the power output in your tractor. Specifically, it controls your direction and speed.
There are four main types of transmission in tractors today — gear-drive, power shuttle, hydrostatic and continuously variable transmission (CVT).
- Gear-drive: A classic transmission system, the gear-drive is the oldest and most straightforward in use today. It uses a clutch and gear shift mechanism to change the tractor’s speed and direction. This type of transmission is generally more affordable than others and allows for greater PTO horsepower. However, the clutches in this system are typically not lubricated with oil, so they tend to wear down faster.
- Power shuttle: A gear-based transmission system that automatically clutches and shifts gears based on the tractor’s speed and rpm. This transmission is most helpful if you frequently shift between forward and reverse, like with a front loader. Additionally, the clutch is usually lubricated, giving it smoother control and a longer lifespan.
- Hydrostatic: This type of transmission relies on pressurized oil to turn the wheels. It changes the direction and speed by adjusting the amount of oil flowing to the hydraulic motor. Hydrostatic transmission maintenance involves regularly changing the oil, cleaning oil cooler fins and changing the filters.
- Continuously variable transmission (CVT): CVT technology is relatively rare in smaller tractors. Industry leader Fendt developed these incredibly efficient transmission systems, which use less water than hydrostatic and wear out slower than gear-drive systems. This type of transmission automatically shifts based on the operator’s pedal input. As the pioneer of the CVT, Fendt delivers equipment offering unparalleled fuel savings.
Some transmission systems will be better for your purposes than others, so make sure to ask your dealer for their recommendation.
4. Tractor Implements and Attachments
The tractor’s implements are the attachable parts that carry out your intended actions. Common tractor implements include:
- Rotary Cutters: These implements typically attach to the back of a tractor to cut grass and weeds as the tractor moves.
- Rotary tillers: Rotary tillers attach to the back of your tractor and till the soil behind it using rotating tines.
- Front-end loaders: These versatile implements attach to the front of your tractor to lift and carry heavy loads, depending on whether you add other parts. You can connect it to other tools like pallet loaders or buckets to fulfill more specific purposes.
- Rear blades: These blades attach to the back of the tractor and flatten the ground. They’re useful for scraping surfaces to reach the bottom layer, such as large expanses of snow or when creating level paths.
- Backhoes: Backhoe attachments can be used for various applications that involve plowing, breaking, ripping, digging or drilling.
- Discs: Also known as a harrow, a hydraulic disc attachment is ideal for breaking up dirt clumps, leveling ground, aerating soil and cutting weeds.
- Forks: Fork attachments equip your tractor to carry, rotate and lift heavier loads. Their two-pronged design is excellent for unwieldy objects and materials.
- Hitches: A hitch attachment links to your tractor to transfer the weight and resistance of an implement and offer enhanced traction.
- Landscape rakes: Featuring curved tines that hold debris, a landscape rake is a suitable attachment for transporting and disposing of loose materials or spreading topsoil and gravel.
- Posthole diggers: Posthole diggers eliminate the manual labor of digging holes in the ground. Farmers may use this tool for many applications, such as planting saplings or setting fences.
How to Choose Your Implements
Once you know what you need, it’s time to choose the specific model. Knowing how much horsepower your tractor can supply is a great start, as each model will have different power needs. Your implement’s horsepower should be within your tractor’s PTO range.
- Weight: Your tractor should lift the implement and whatever you need the implement to move.
- Width: Your implement should fit the tractor in terms of physical size as well as weight. The appropriate width depends on the implement, so speak to your dealer if you have any questions.
- Components: You need the right pins and attachments to securely hook your implement to your tractor. Look into what each model requires and make sure you either have or can buy the right parts.
In general, as long as you stick to the rule of matching your implement to your tractor, you should be on the right track. If you’re ever unsure, it’s best to check with your salesperson to determine what implements your tractor can handle.
Find Your New Tractor With Holt Ag Solutions
Holt Ag Solutions is a trusted source for large-scale farm equipment with 12 locations across California and Oregon. Our knowledgeable staff is happy to help you find a suitable model for your operation, or you can browse our inventory online.
5 Questions to Ask When Negotiating Ag Equipment Pricing - FBN
Could you be overpaying on ag equipment purchases? Learn the five questions that can help you get a better deal on your next machine purchase below.
Ag Equipment Is Getting More Advanced… and More Expensive
Today’s ag equipment is becoming increasingly innovative. From solar-powered scarecrows that spin around to keep birds at bay and artificial intelligence-powered milking robots that personalize the milking process based on a cow’s udder shape to Internet of Things (IoT) technology that helps monitor soil quality and autonomous tractors, AgTech is advancing farm productivity.
Although investments in the AgTech sector had slowed during the COVID-19 pandemic, venture capitalist deals increased 19% quarter-over-quarter in Q3 of . The AgTech market is expected to reach about $16 billion by , up from $6 billion in .
With these tech advancements – coupled with inflation – farm machinery prices are increasing. Ag machinery prices rose by at least 15% in .
Fortunately, it is often possible to negotiate farm equipment prices.
Free Guide: Learn How to Negotiate Ag Equipment Prices
Ag Equipment Price Negotiation Strategies is a step-by-step guide that empowers farmers to bargain for fair ag machinery prices. Through seven steps, farmers will discover tips and tricks for securing machinery within their budget.
In this free download, you’ll learn:
Why it’s beneficial to look for machinery before you even need it
Types of data to gather, such as overlooked costs like warranty plans
How timing can impact prices
Download Ag Equipment Price Negotiation Strategies
5 Questions to Ask When Negotiating Ag Equipment Pricing
If you don’t like negotiating, you’re not alone. About 57% of men and 83% of women do not enjoy negotiating.
Negotiating doesn’t have to be anxiety-inducing, though. Rather than thinking of bargaining as an uncomfortable argument with a winner and loser, think of it as a conversation that benefits both parties.
Approach the seller with questions that help you gather information on the farm equipment and on the retailer. This will help prime the seller for discussing costs, and they may even begin offering you discounts or bonuses before you ask because it is in their best interest to make the sale.
Here are a few questions farmers can ask when negotiating ag equipment prices with sellers.
1. Can I ask you a few questions about the equipment?
Just because a salesperson is on the shop floor doesn’t mean they are immediately available to speak with everyone that walks in the door. They may be less inclined to bargain if, for example, they are watching the clock to get to a pre-scheduled appointment. Use this question to establish rapport, introducing yourself, and to let them know that you value their time and service.
2. Which machines have been selling the best?
Even though you have likely researched the make and model of the machinery you’re interested in purchasing, the salesperson’s response may give you insight into something you hadn’t considered before. Do some more research to see if the machine they see selling well could be the right fit for you, keeping in mind that best-selling doesn’t always mean best for your particular farming needs.
3. Are there any bundle packages?
Some machinery requires additional purchases to fully function the way you want them to. For example, a tractor may be more productive if combined with a new loader. If a seller knows you’re interested in purchasing more than one item, they may be willing to offer a package deal. If they cannot come down on the price of the ag equipment itself, they may be able to offer discounted or free services that are valuable.
4. Are there any upcoming sales events?
While sellers often have sale days around certain major holidays, such as around Black Friday, they may also have sales scheduled at unlikely times too. For example, they may have a special sale running around the time of their store anniversary. Salespeople are often willing to share upcoming sale dates with customers. Even if they don’t have a sale planned, this question lets them know that you’re on the hunt for a deal, and it may lead them to offer a hidden discount such as a family and friends discount.
5. How much can this machine come down in price?
Because naming a specific desired price point can feel uncomfortable, many bargain hunters suggest prices that are higher than the lowest price a seller may be willing to sell for. Therefore, it can be to your advantage to get them to name the price first and go from there. Keeping the phrasing focused on the machine – rather than asking “How much can you come down in price?” – can also help the bargaining feel less confrontational.
Download the guide to learn how to calculate a price range to use when negotiating.
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