Prices coming down?

Clive said:

agree - its a LOT worse out there than is being reported yet - there is a recession in full swing I reckon, house prices have dropped, car prices have dropped (most peoples 2nd biggest asset or liability, builders short of work and interest rates are stopping people buying anything that requires finance

deflation here we come !

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Chae1 said:

How do you end up with over 100k surplus in your bank account to buy a tractor outright!?

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colhonk said:

Well some farm machinery manufacturers seemingly do NOT want sales. emailed Quivogne uk twice for them to tell me whom my local dealers are of their products, Not a peep out of them.

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glasshouse said:

When ukraine folds, the russians wont stop there, so watch out

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Cowabunga said:

Probably by not spending it until you have earn’t it. That alone saves you probably near £15k, possibly more, over a fairly short term In interest charges which helps to save for the next capital cost.

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Devil's advocate said:

selling more than you buy

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Magnus Oyke said:

Is it better borrow money at the current interest rates and use the capital to finanace other things or buy out right?

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Chae1 said:

Your only really going to have more cash the year you give up, fertiliser, chemicals, contracting fees, diesel, seed are all bought before you harvest crop to pay for It.

Some farmers do use merchants as a bank and buy all inputs from them, give them crop back at harvest and get paid the difference.

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Clive said:

I used to buy old cars - its nice to be able to afford much newer one these days though

When we are all old and dribbling in an old folks homes as long as we feel we made the most of the things we wanted to thats all that matters really and different things ( assets , lifestyle and experiences) are important to different people

travel and holidays / travel are a complete waste of £ some would say ? ........ to others they are far more important

for me personally - I realised a long time ago that my life wasn't going to be all about looking after cows or spending money i made on doing so better !

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Werzle said:

Ruck of low mileage trucks in brightwells timed auction tomorrow

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Alistair Nelson said:

Could be wrong but I don’t think they exist anymore. I think Tony clones who was mr Quivogne uk has retired and Cheffins had the clearance sale a couple of years ago.

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mf7480 said:

Do you think the gov have gone too hard too soon with the interest rates? Maybe even didn’t put gentle pressure on the brakes early enough?

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Chae1 said:

If it's there and free, I think you might as well take it?

Why wouldn't you, the money could be used for something else.

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Martin Lewis warns of potential credit score damage when using buy now pay later

Online shoppers should treat these purchases like any other debt to be repaid.

www.dailyrecord.co.uk

Niteforce said:

Currently looking to treat myself to a nice high end German manufactured car , as I have come to realise there’s more to life than work. I was quite surprised by how many cars are for sale with very low mileage but high owners at only 1 or 2 years old .Is this a case of tick the box to say they’ve had one then get something else or realise after a year they can’t actually afford it ?

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Bossfarmer said:

each to their own, the best thing in life though is when you come to the realisation you are in complete control of your own thoughts and dont need "things" to improve your mood

building a future for my kids is more rewarding to me than new toys, mabye they wont appreciate it but it has been scientifically proven that doing something good for someone else actually makes you feel better than anything you can do for yourself,

so theyre actually doing me the favour, makes sense as to why the previous generations grafted away happily instead of selling up and blowing the money, even though it was backbreaking work they enjoyed it

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Sandy said:

Just done the same but Swedish 2yr old with 15000 miles it was a lease deal that ended early

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Moors Lad said:

Try asking for discount "for cash" (ie no finance!) on a straight deal (no px) and in my limited experience they won`t bite so....
With regard to a trade-in most folk have their glasses on and weigh the job up first...... The lack of competition thanks to the non overlap of dealers is not helping the situation though

I`m certain that`s starting to make folk think VERY hard before committing to any big expense at present.. Plus the fallout from covid and the Ukraine job has no doubt made folk a bit cautious ( the high fert. prices and current poor grain prices are in many minds no doubt).

Unfortunately our half-cock political leaders have never grasped the fact that farming subsidies are in fact a subsidy for a whole host of rural businesses - farmers are good spenders, if they`ve got the cash they invest for the future!
Another spin-off that they fail to grasp is that subsidies support domestic agriculture which helps support UK produced high quality food , rather than pulling the rug out from UK farmers and letting Mr Supermarket (aka as Mr Rip-off) just import poorer quality stuff from abroad.

I fear some big dealer-ships will find things a lot harder in future...

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