Hardly, have you seen the price of second hand spread a bales, they barely depreciateIt lost all its value the first time it had a bale in. That coupled with the finance settlement could make it a very painful hit
Hardly, have you seen the price of second hand spread a bales, they barely depreciateIt lost all its value the first time it had a bale in. That coupled with the finance settlement could make it a very painful hit
You’re right. But factor in the finance element and it’s still going to hurtHardly, have you seen the price of second hand spread a bales, they barely depreciate
That really is a great piece of advice where it is at all possible to achieve. My wife never completely gave up her teaching job until she took retirement with an enhanced occupational pension, plus she earned a full State pension through paying National Insurance throughout. Her wage has always been kept as savings, separate from the farm accounts and now having just come to pension age myself, we have three pensions, all going into a substantial savings account which we sometimes draw upon for luxuries and internal house improvements, holidays and so on. We both agree that the best thing she ever did was forgo the farm manual work to work for a wage and create savings. None of that money has ever gone on day to day living expenses.Send her out to work where she will earn a decent wage, and then keep the spread -a-bale.
That counts as fraud and punishable by cat of nine tail, ninety nine lashes. Or it should be. The problemoccurs when the payer defaults, which is not uncommon, and the bailiffs visit.Surely you can sell it pocket the cash and continue with the finance payments out of the money received. It's not got a logbook as long as you keep up the payments who is to know.
Is it that bad you just want rid of it ?Spread a bale
What if the man buying wants to put in on finance ??Surely you can sell it pocket the cash and continue with the finance payments out of the money received. It's not got a logbook as long as you keep up the payments who is to know.
That counts as fraud and punishable by cat of nine tail, ninety nine lashes. Or it should be. The problemoccurs when the payer defaults, which is not uncommon, and the bailiffs visit.
I am working on the premise the seller is an honest man and keeps paying. You could grind the serial number off.What if the man buying wants to put in on finance ??
Serial number says no this is owned by another financial institution
If he’s a honest man then he wouldn’t be selling something that’s not his to sell??I am working on the premise the seller is an honest man and keeps paying. You could grind the serial number off.
I appreciate things aretough out there, but I was struggling to get my head round specific finance for a new implement let alone a used one.It's worth keeping to save your back, that's why I bought a straw blower, one of the best purchases I have done
Best thing i ever did was bring my wife into the business. She isn’t ever likely to pick up a shovel but working together makes farming much more enjoyable than doing it on your own. She gets a wage though.That really is a great piece of advice where it is at all possible to achieve. My wife never completely gave up her teaching job until she took retirement with an enhanced occupational pension, plus she earned a full State pension through paying National Insurance throughout. Her wage has always been kept as savings, separate from the farm accounts and now having just come to pension age myself, we have three pensions, all going into a substantial savings account which we sometimes draw upon for luxuries and internal house improvements, holidays and so on. We both agree that the best thing she ever did was forgo the farm manual work to work for a wage and create savings. None of that money has ever gone on day to day living expenses.
She still did and does the VAT and that kind of thing.
Especially at the price that it may have dropped to in 12 months.The need to finance a £10000 machine to start with may be the problem, I would be surprised if somebody needed to finance it when it was second hand
And if she leaves you she's liable for half the debtBest thing i ever did was bring my wife into the business. She isn’t ever likely to pick up a shovel but working together makes farming much more enjoyable than doing it on your own. She gets a wage though.
Doesn't really show that the dealer has much faith in the products they're selling.No, I can't see why the dealer should buy it back if they don't want to.
I do hope you get sorted out soon though. Best of luck.
OP said it's ex demo so had already took a small hit.It lost all its value the first time it had a bale in. That coupled with the finance settlement could make it a very painful hit