Auto dealer to accept cattle as trade-ins
CP 2005-02-27 03:17:57
COCHRANE, ALTA. -- An automobile dealer says he is willing to help ranchers through the mad cow crisis by accepting cattle as a trade-in toward a new vehicle. "These (farmers) have been sitting on the cattle for close to two years. We're just doing something to try to help them out," said Corry Baum, sales manager at Cochrane Dodge Chrysler.
Beginning tomorrow and for the following two weeks, farmers will be able to trade in as many as 10 head of cattle against the price of a diesel truck and as many as five head against the price of a gasoline unit. Smaller cars will be limited to a few head as trades.
An appraiser will be available at the dealership west of Calgary to determine the fair market value of the animals.
Ranchers have been left with a glut of animals since the U.S. border closed to Canadian livestock 21 months ago when the first of four mad cow cases traced back to Alberta was discovered.
The dealership will sell the cattle to local ranchers for less than the trade-in price, with the business absorbing the loss.
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Take care.
CP 2005-02-27 03:17:57
COCHRANE, ALTA. -- An automobile dealer says he is willing to help ranchers through the mad cow crisis by accepting cattle as a trade-in toward a new vehicle. "These (farmers) have been sitting on the cattle for close to two years. We're just doing something to try to help them out," said Corry Baum, sales manager at Cochrane Dodge Chrysler.
Beginning tomorrow and for the following two weeks, farmers will be able to trade in as many as 10 head of cattle against the price of a diesel truck and as many as five head against the price of a gasoline unit. Smaller cars will be limited to a few head as trades.
An appraiser will be available at the dealership west of Calgary to determine the fair market value of the animals.
Ranchers have been left with a glut of animals since the U.S. border closed to Canadian livestock 21 months ago when the first of four mad cow cases traced back to Alberta was discovered.
The dealership will sell the cattle to local ranchers for less than the trade-in price, with the business absorbing the loss.
~
Take care.
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