Avoiding Tire Penalties on Leased Equipment

Avoiding Tire Penalties on Leased Equipment

Tim Hammerich
Tim Hammerich
News Reporter
It’s time for your Farm of the Future Report. I’m Tim Hammerich.

TreadSure is an app that allows farmers, equipment dealers, and others to accurately calculate the amount of tread left on any given tire. CEO Eric MacPherson says this is just for appraising a tire before buying. It’s also to avoid big penalties on leased equipment as well.

MacPherson… “The other thing that we found out, and just kind of happened on too, was there's a lot of leasing going on now days. A lot of equipment is being leased. John Deere's pushed that over the past several years, especially John Deere. And, well, those producers are turning their trackers back in on a three-year lease and then getting the $25,000 charge back because the tires are under 50% and they didn't know that. Well, they're going to have to find some tires that are above the 50% because John Deere has a pretty significant chargeback if tires are under 50%, they just bill you.”

TreadSure can be downloaded on any Apple or Android Device. It makes the process easy of entering the tread depth, model of tire, and size, and it will spit out the percent of tread remaining.

MacPherson… “So 75% tread, 80% tread. You might think it's really simple, but this isn't available anywhere else.”

Download the app or visit TreadSure.app for more information.

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