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What would you do....

O

oldtanker

Well-known Member
Another forum I'm on had a rumor that Titan machinery Filed for bankruptcy. I can find nothing on it except a report that said they may have to.

Now if I have CaseIH/NH equipment that could cause a major problem. That's all that's around me is Titan for CaseIH. My closest non Titan CaseIH dealer is just over 40 miles.

So if your brand of tractor dealer for actually working equipment was to go under in your area, what would you do? Change brands? Find the nearest dealer and start going there?

Rick
 
What people do not know. I work on the old stuff but it is a hobby. Some people think that they have to have a delarship to service there equipment. Maybe it is because they think that those people know more about there machines. If you have a meachanic that you like and can trust they are the one to have work on your equipment. Parts are easy to find on line. Be like me where you find a tractor place iin town that orders and get you parts for tractors. These family owned places want your money and want to make surre that you are happy. Try it you might like it. If not than buy a John Deere equipment.
 
I have to say if you go on line to case you will fiind like I do it is really cool. I find all my parts on it. It covers tractors all the way to the year of 1928 in models. Try it you might like it.
 
The only dealers within a hundred miles of me are JD and Kubota. I have other brands, and started ordering parts years ago, with good results- usually get my parts within a day or two, which is the same as the local dealers, because they don't carry much inventory.
 
Haven't heard anything about Titan. What I have been hearing and reading is Fiat is looking to unload CNH. Fiat has a reputation for liquidating company's it cannot find a buyer for. So what will happen? its anyone's guess. I would have some concern if I owned several pieces of late model CNH equipment and Fiat did liquidate the company. What would the future be for parts and service?
 
I don't know why you think you have to go directly to the dealer for service. I have a local guy that works on all brands. 'Never has he had a problem getting parts. He's good too. I seldom ever take something to the dealer for repairs. They just simply charge too much....pure and simple.

I don't know of anyone who would have the luxury of changing out all their equipment just because "their dealer" went out of business.
 
The whole group is a shell game. Their growth had
been buying store after store to show growth. Buy
a store, return all the parts for big cash, then
re-order parts and get long terms on them. Over
ordering on those long terms to support other
locations. Not ordering New Holland tractors and
only supporting the Case / Case IH brand. This
thing is going to fall, but how quickly is hard to
say. Personally, I wouldn't do business with one
of their stores. I'd really try to avouid it.
 
It's no secret on here that yes,I did change brands. I had all Deere until Mother Deere closed the dealers around here because they weren't on her master plan. I found an Agco dealer that works for me and fits my personality and the way I do business,so I went to anything and everything Agco. I'm driving the same distance that I'd have to go to Deeremart,but the personal service and the fact that I can get parts fast and right from somebody who cares whether or not my cattle get fed makes all the difference in the world.

The change wasn't overnight,but the day of the incident of the straw that broke the camel's back,I knew it was over with Deere. I came home and told the wife I wasn't going to have an auction or trade everything off and start over,but from that day,as things needed to be replaced everything Deere would be gone and we'd never have anything Deere again.

Now with all that said,for a long time after the local dealers were closed up,there was rumor that Deere wanted a super store two miles from here at the intersection of two main highways. It never happened,but if it did,yes,I'd go back to them for the convenience,even if I had to put up with poor service.
 
Most of the newer machinery's computer systems have proprietary programing only available from a company licensed dealer thru the company's diagnostic software. So that causes a big problem if the mother company goes out of business. You or your local independent mechanic can fix the mechanical problems but not software problems. Don't kid yourself good or bad, computers are fully integrated in modern equipment.
 
Don't know about the Titan deal, the Bobcat company must have got a bur up there hind end, I have all Bobcat skid steers, and there was a great little old dealer just miles from me, he was a dealer since early 70s, Bobcat said build new building or sell out, they sold out. Same as the next closest to me, they have the same option, Bobcat gave the dealership to a big CIH dealer out to Cobb, WI. The next closest skid steer dealer is JD, NH and mustang, I can hardly stand the guys at either dealership.
 
Well from what I said in the first place it's a rumor. Nothing more.

There are a lot of items the dealer does stock, like bearings for my baler that I can get same day. Rock guards and sickle sections too. I can't mess around ordering stuff that may get here in a day or 2 when I have hay on the ground. I do my own wrenching so having a mechanic available isn't important for me. But I know guys who do pay to have things done by the dealer because none of the smaller independent shops work on the computerized stuff around here.

I wasn't looking for advice on what to do. I was asking what you would do, mostly for the guys who are farming. I know of one dealer who will come in day or night 24/7 during planting and harvesting to get parts for guys in the field. But he's in the area where one of my daughters lives and no where near me. You don't get service like that on line.

Rick
 
My suggestion.
Plan ahead, check my equipment and purchase the parts that look like they're close to going bad. Then when something goes buy an extra--if funds allow.
I have some JD equipment but mostly Olivers while there is a dealer close he generally has to order so I try to be prepared.
Also I have found that SHOUP is pretty good at getting part here quickly.
Just my suggestion
 
Much depends on what chapter they filed under (if they did). It it's chapter 11, they'll still be in business on a reduced scale.
 
Be careful not to put down a deposit on anything
and careful about leaving my equipment for repair.

Wouldn't want my hard earned cash or equipment to
be included in the bankruptcy liquidation if it
comes to that.

really hate that the old fashion - good service
dealers are forced out.
 
I am sorry but I do not understand the big deal about a dealer closing. I almost never go to a dealer for parts and NEVER for service. I must be a poor manager but I can not affored the price a dealer charges for parts or service. Local shops and aftermarket parts if I can. I do stock up on parts at home when I can. It is not just me, some repair bills can be more than the machine is worth.
 
(quoted from post at 15:03:44 02/25/14) I am sorry but I do not understand the big deal about a dealer closing. I almost never go to a dealer for parts and NEVER for service. I must be a poor manager but I can not affored the price a dealer charges for parts or service. Local shops and aftermarket parts if I can. I do stock up on parts at home when I can. It is not just me, some repair bills can be more than the machine is worth.
Click to expand...

Some parts just can't be had after market. Like a couple of bearings on my bailer. I've tried the after market places. But I was thinking of a friend, BTO, who has fairly new equipment. What's he going to do should the dealer close? Go to the closest dealer carrying the same brand? Or switch brands? This is just a question as to what you would do.

Rick
 
Right now I would not worry about it, only rumors. Chances are, if true somebody will buy it for a dollar and take on the debt or it will re open as say Titan 2014 LTD.
Nobody in there right mind is gonna leave a big name equipment company, with a lot of customers in that larger area with nothing. These manufacturers don"t need a bad name and loose sales right now.
Massey screwed up years ago and have now realized. Agco are pedaling hard to get the markets back they lost. Pretty sure CNH won"t want to do the same.
Regards Robert
 
I am not sure about tractors/Ag equipment but independent shops can get the computer software to service cars/pickups after they are about 5 years old. Normally in warranty for the first couple of years, I can't afford new stuff anyway.
 
As a dealer for the last 28 years I can tell you right now if you walk in the door and request a part there is a 93.2% chance we will have the part. MOST auto dealerships struggle to fill 60% of shop and walk in orders. You may need to find another dealer. Not many folks on here running older equipment depend on dealers but folks running large operations with newer equipment do used dealers for parts and at least warranty work.
 
I know of a lot of Titan dealers, I haven't heard this, if I'm right
Titan is a shareholder company/dealer. They have a lot of
dealers in IA and MN but me, if I like a brand I'm gonna stick to
it, new tractors I have a preference but I don't, not like I like
dodges or minneapolis molines and Oliver's, but I do like CNH
and some deeres and Masseys
 
When you run old stuff like I do, a good dealer,
and more importantly a good parts guy is important.
I have a Deutz-Fahr tedder (my mistake) One branch
of the same Agco dealer says a flex coupling is
$400 - the guy at the other branch can find them
aftermarket for $160
Pete
 
Not trying to be a smart aaa here but I used to tell the parts dept, I still have to wait until I get the other 6.8% to continue to work on the tractor. I call Titan for a quite a few parts for customers and they are no where close to 70% on the parts for the older 66 86 & 88 series IH tractors. On newer ones, I have no idea.

And, as far as ordering on line, that would be a good trick to get a self adjuster for a brake or something in that order for a farm tractor. Even HY-Capacity doesn't go into that sort of parts. Have to have dealers order them.
 
I just heard a friend that had sold a business to Monsatan for a high price had bought 3 Case dealerships in Iowa. I am kind of surprised as I think he was mostly Deere.
 
(quoted from post at 17:30:34 02/25/14) I know of a lot of Titan dealers, I haven't heard this, if I'm right
Titan is a shareholder company/dealer. They have a lot of
dealers in IA and MN but me, if I like a brand I'm gonna stick to
it, new tractors I have a preference but I don't, not like I like
dodges or minneapolis molines and Oliver's, but I do like CNH
and some deeres and Masseys
Click to expand...

I did state it was a rumor. I'm sure if they filed at least some news source would carry the story.

Rick
 
(quoted from post at 16:54:08 02/25/14) Do you really have a BAILER?
Click to expand...


Well seeing as most people were smart enough to figure it out I guess I will explain to you that it's called a typo. Yes I made a spelling error. Big deal. Gee maybe they (spelling police) are going to kick in my door......yea right.

Rick
 
What would I do you ask?
For starters, I would probably not be too concerned. This would not be a major issue regarding my equipment - even if I was 100% barrelled into Titan on equipment.
Bankruptcy is a long and drawn out process. Going directly to liquidation is very unlikely. Most likely, the first step for them is filing for chapter 11 protection from creditors. Many large companies have gone into chapter 11 and have come out of it as well, and as better, stronger companies.
In any case, there are, and will continue to be, many spare parts in warehouses and service depots. Then there is the aftermarket. Most critical parts are available in the aftermarket, and will continue to be available for as long as there is a demand for them.
Having said all of this, I can say that what I would do is to lean back in my easy chair, yawn, and change the channel. Business as usual.
 
What would I do on a rumor? Absolutely nothing. Anybody can make anything up. What, rush out and change brands? I"d worry about stuff that needs to be worried about, not gossip. Even if bankruptcy were true.....what chapter? Big difference in response by courts and filers.
 
(quoted from post at 21:06:12 02/25/14) What would I do on a rumor? Absolutely nothing. Anybody can make anything up. What, rush out and change brands? I"d worry about stuff that needs to be worried about, not gossip. Even if bankruptcy were true.....what chapter? Big difference in response by courts and filers.
Click to expand...

No JMS, wasn't asking what you would do on a rumor, was asking what you would do if it were a fact.

Rick
 
I"d follow what jimg is saying- is the BK for reorganizing or to liquidate? Likely a lot of options for parts, etc.
 
(quoted from post at 11:13:07 02/26/14) I"d follow what jimg is saying- is the BK for reorganizing or to liquidate? Likely a lot of options for parts, etc.
Click to expand...

I was at Titan in Fergus Falls this morning to get a part. Looks like business as normal.

Like I said before it was a rumor started by someone who wrote an article for finance news on Titan. I'm not overly worried about it. Was just wondering what others would do if the dealer who supports their equipment (regardless of color) were to close up.

Guess I should have worded it different when I first started this.

Rick
 
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