Plaintiffs who paid John Deere’s authorized dealers for large equipment repairs from January 2018 to now, will recover somewhere between 26% and 53% of overcharge damages, now that JD settled, and agreed to pay $99 millio

The ag manufacturing giant will also make digital diagnostic, maintenance, and repair tools available to third parties for 10 years.

the price of used equipment skyrocketed in response to the infamous service difficulties. Even when the cost of older tractors doubled, farmers reasoned that they were still worth it because repairs were simpler and downtime was minimized. $60,000 for a 40-year-old machine became the norm.

A judge’s approval of the settlement is still required, though it seems likely. Still, John Deere isn’t out of the woods yet. It still faces another lawsuit from the United States Federal Trade Commission, in which the government organization accuses Deere of harmfully locking down the repair process.

https://www.thedrive.com/news/john-deere-to-pay-99-million-in-monumental-right-to-repair-settlement