As the major equipment manufacturers roll out their 2011 model equipment outfitted with the new Interim IV engines, we’re learning more about the price hikes expected to accompany the new tech engines.
During a recent conference call to update the media on its new Interim IV diesel engines, John Deere announced that the pricing of the 2011 8R series tractors will be about 5.7% higher than its 2010 models.
One of the manufacturers that is going to SCR engine, indicated earlier this year that its Interim Tier IV technology would add 2-4% to the cost of its tractors, which could translate to about $7,000-$8,000 of additional cost.
At a media event a couple of weeks ago, Case IH said that it had not yet determined any price increases for its new tractors. Discussions with Case IH dealers in the past few weeks would seem to indicate they are looking for pricing increases in the range of 4-7%.
Source: Ag Equipment Intelligence