Machinery too expensive

Jackov Altraids

Jackov Altraids

Member
Livestock Farmer
Location
Devon
Almost all new big kit is bought on finance.
After a few years it needs tyres, repairs or updates and it's hard to afford on top of payments so it makes financial sense [or is the only option] to roll over for another new one on finance.
Your just the puppet in their gear earning them money.
 
M

mountfarm

Member
We have just bought a 750 hour Case cvx with lots of spec for £73,500 with the remainder of a 3000hr warranty. This is a different brand to our other tractors but it’s a £60,000 saving over the new price of the colour the business has been running for the last 15 years. We have the option to extend the warranty right up to 7500 hours if we want to. That’s the first of 6 tractors that will be changed over the next 5 years and I suspect every single one will be bought used due to the new prices being quoted to us. They are going to run out of new tractor buyers at this rate. One dealer told us used sales are consistent but new sales are 50% down on their last 5 year average so far for 2018.
 
W

wasted years

Member
Location
Cumbrian born and bread
mountfarm said:
We have just bought a 750 hour Case cvx with lots of spec for £73,500 with the remainder of a 3000hr warranty. This is a different brand to our other tractors but it’s a £60,000 saving over the new price of the colour the business has been running for the last 15 years. We have the option to extend the warranty right up to 7500 hours if we want to. That’s the first of 6 tractors that will be changed over the next 5 years and I suspect every single one will be bought used due to the new prices being quoted to us. They are going to run out of new tractor buyers at this rate. One dealer told us used sales are consistent but new sales are 50% down on their last 5 year average so far for 2018.
Click to expand...
£130k for a new one, what the hang dang do you produce, gold plated cabbages?
Wouldn't it be better to change farming enterprises?
 
Cab-over Pete

Cab-over Pete

Member
Location
Kenilworth, Warwickshire
Will some of the more “budget” reputation tractors do well if the new prices continue to spiral upward?

Nothing wrong with Zetor on paper. Perkins, Bosch, ZF all being used in their machines. Ok, they don’t make big hp machines. Will they be climbing fast up the sales league?

I doubt it. Tractors are eye-wateringly expensive, but I’ll bet nobody thinks to price the lesser spec manufacturers very often.
 
jondear

jondear

Member
Location
Devon
Chae1 said:
I don't think zetor are that cheap nowadays.

Its been said before but just spec tractor the same as one ten years ago and it will be much cheaper. Same with hp, we are buying much bigger tractors to do same jobs.
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That's what I was told by Class chap .Only went up 20hp and added suspension and that added 25k from changing 4yrs ago!:nailbiting:​
 
Hilly

Hilly

Member
Location
Scottish Borders.
mountfarm said:
We have just bought a 750 hour Case cvx with lots of spec for £73,500 with the remainder of a 3000hr warranty. This is a different brand to our other tractors but it’s a £60,000 saving over the new price of the colour the business has been running for the last 15 years. We have the option to extend the warranty right up to 7500 hours if we want to. That’s the first of 6 tractors that will be changed over the next 5 years and I suspect every single one will be bought used due to the new prices being quoted to us. They are going to run out of new tractor buyers at this rate. One dealer told us used sales are consistent but new sales are 50% down on their last 5 year average so far for 2018.
Click to expand...
stopping buying new is only way to keep price in check.
 
Martin Holden

Martin Holden

Member
Trade
Location
Cheltenham
smcapstick said:
Machinery is NOT too expensive. If it was, none would sell. I hear this all the time and, quite frankly, it's boring. YOU can't afford a thing. Others can.

The real issue is that many people pay more than they need to in order to get a job done. At LAMMA, there were two duck foot cultivators I saw - one was three times the price of the other... yet they were as near as damn it the same machines. Why would anyone buy the expensive one? The name, of course.

Anyone that claims machinery is too expensive is a hypocrite, unless they farm with 20+ year old Belarus tractors, Dutch harrows and JF CMT 245 mowers.
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Nothing wrong with CMT 245 ....... in its day of course. Over 3,500 sold in the UK
 
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