Timbo
Member
- Location
- Gods County
OP seems to have gone to ground..
Perhaps the wife has got hold of the spread a bale.OP seems to have gone to ground..
Having been on the buying side of such an case, I agree....luckily it wasn't a huge issue, but it is a risk buying something privately or in an auction! Just because something's getting on, doesn't mean it's not been re-financed. Some see that as a way of managing their cashflow - refinance something and then sell it, therefore getting paid twice, and just repaying (or not) the monthly amount!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.
If I bought it off you now, but decided in 6m that I didn't want it, would you buy it back off me?We bought a piece of ex-demo machinery 12 months ago off a dealer we do a fair bit of business with and after realising we aren't getting the use out of it we thought we would and looking to put funds elsewhere in the business now so I asked our rep if they'd want to buy it back at what ever he valued it at and settle the finance on it at the same time and he won't touch it said the company is tightening their belt and can't do anything. What are your thoughts and what shall I do next as feel like we are stuck with it and can't afford to settle the finance to properly advertise it for sale. Thanks
You need to speak to the finance company, technically it belongs to them.We bought a piece of ex-demo machinery 12 months ago off a dealer we do a fair bit of business with and after realising we aren't getting the use out of it we thought we would and looking to put funds elsewhere in the business now so I asked our rep if they'd want to buy it back at what ever he valued it at and settle the finance on it at the same time and he won't touch it said the company is tightening their belt and can't do anything. What are your thoughts and what shall I do next as feel like we are stuck with it and can't afford to settle the finance to properly advertise it for sale. Thanks
Easiest way might be find a dealer with a suitable trailer and offer the bedder in part exchange.I'm desperate for a good legal road worthy trailer with flotation tyres because that's what the farms where we get straw from specify.
If it was a large farm with a turnover of £2m and probably a bigger profit margin than us would you be questioning their need to finance a £100k tractor just to put it into perspective for youThe 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
Keep doing what you do @Massey mad don’t get pee'd off wi a few of the cuff comments,,,,,,it’s not easy making a living at times and selling a valuable bit of kit as it’s no use for the job is sensible, approach the finance for a settlement fee then sell it yourself, as explained dealer will not really be interested tbh.If it was a large farm with a turnover of £2m and probably a bigger profit margin than us would you be questioning their need to finance a £100k tractor just to put it into perspective for you
@Pan mixerWho was the guy on here that made their spread a bale trailed?
You have a massive scale of operation compared to the average UK farmer. I once worked for a farmer in Scotland that had nearly that scale of vegetables, mostly cabbage, potatoes, swedes and a few leeks plus four acres of field rhubarb, 200 dairy cows and a goodly herd of sucklers. Gangs were employed at key harvest periods but around 20 were employed full time. They also had a housekeeper, two two au-pairs and two grooms for the pedigree horse stud.She does the agronomy including preparing all the tank mixes and a lot of the labour management including wages and organizing the harvesting . There's 1000 acres of veg at any one time and 450 people. For the last four years we've passed our GlobalGAP audit with no non conformities. When we had cattle she did all the Vet work as she was a vet. I'm obviously the brains behind the operation but there probably wouldn't be much of an operation without her. Plus I quite like her an enjoy being with her.
Wife has put him through the spreadabaleOP seems to have gone to ground..
1. That's my point? That's what I'm able to do again now, I know I'm young but I'm not able to get a 4x3 bale to the back of a 60ft pen?Thoughts:
1. Don't pigs spread the straw around if you just cut the strings and drop the bale in the yard?
2. Are you going to have any more children?
3. Is your wife never going to be ill?
4. If you could afford the machine before expanding, was expanding a waste of time/money/effort?
5. Can you keep a stack of bales at each yard?