Should you buy a new tractor?
- Thread starter KelpieRed
- Start date
But 4500hrs at £10 depreciation is £45k added to the £54k you paid for it is £99. The new one sounds better deal.
Folk on here are expecting big discounts due to things tightening up ( which they CERTAINLY are), however in my experience during the last 40 years tractors/machinery have gradually (and more recently quite rapidly) kept going up in price, even though we`ve had problem spells, so I just wonder if new stuff will actually come down much, if at all......
If people are stupid enough to keep paying these massively inflated prices then yes they will keep going up but if people use there loaves and say no and leave stuff were it is it will soon come down. I know which camp I’m in.
kiwi pom
Member
- Location
- canterbury NZ
Probably not, existing new stuff will sit round a bit and manufacturers will throttle back lines, lay staff off etc and just produce less.
That’s the thing if farming is bad or reduces the supply industries will just disappear, they can’t sell at a loss and stay in business.
Wellytrack
Member
Great expectations.
Great flocks of sheep.
4course
Member
- Location
- north yorks
True.Our service maintenence/ repair bills have grown as we have over the years embraced so called technological advances the latest problems with ad blue are making re generation or whatever they call it a nuisance . All this is a cost that wasnt even thought off along with computer generated error codes shutting the fecking machines down . Those happy days of spanner rash are sorely missed by my bank balance if not my hands. Bill for a circuit board no bigger than a swan vestas match box was well over £2000 when in days gone by 2inch of fuse wire would have kept us going
Fair point, my mechanic recently complemented me on how well I was looking after the current one. If I did go new it would probably be here at least 7-8 years minimum. Advantage of buying new is you can build the spec you want as well. JD are now offering 3 years of power guard as an incentive, I would try and push them to 5. Nothing a well placed Fendt quote can’t solve!
- Location
- Co antrim
If the fendt is coming in better would you buy it?
God knows, reseale on them is incredible so that’s a huge plus. It actually goes down to the dealer after Chandlers behaved appallingly on two occasions over the years I’ve vowed to never give them my money again.
Bossfarmer
Member
- Location
- between Perth and Inverness
the beauty of a 2nd hand one at 60k is that many people will be able to pay that in cash so no finance needed, its just the interest that money would have made sitting in your current account that you need to allow for
- Location
- Co antrim
Jd seem to have better dealers than agco il give you that, are you anywhere near pyketts?
Rich_ard
Member
I think everything is too dear houses, cars, but if you want it you have to buy it. If you don't it still gets dearer and you don't have it either!
- Location
- North Norfolk
We will never buy a new Fendt any more, apart from the cost the service from TNS is rubbish. We deal purely with Pyketts, who must be more than 100 miles from us but get parts faster than TNS 8 miles away. A super family company, a pleasure to deal with.
- Location
- Co antrim
Its the same here, jd have wiped the floor over the last 10 years stealing from blue and red because the draler is well liked, even though the top spec 1s are fendt money
Rich_ard
Member
Like loose change.
In my farming and contracting career of buying machinery and tractors.
I have purchased few new tractors,(33)
and second hand ones (9)
I purchased them because the business needed them, they come has a asset
To make money
Improve efficiency
To cut costs
Repair etc
The list could go on.
But the last thing I would not be things about the depreciation.
All I would be thinking about is it going to make me money.
I have purchased few new tractors,(33)
and second hand ones (9)
I purchased them because the business needed them, they come has a asset
To make money
Improve efficiency
To cut costs
Repair etc
The list could go on.
But the last thing I would not be things about the depreciation.
All I would be thinking about is it going to make me money.
Yes Pyketts are fantastic, I’ll probably spec it will chandlers and then send it over to George. Chandlers just don’t know how to look after customers
I had a new Tedder 2 years ago that I used for about a week in the drought. Then last year it blew a mid section UJ and smashed the machine to pieces. Chandlers said it was 3 months out of warranty so they weren’t touching it. Had done probably 50 hours max. They also didn’t stock the parts, not even tines during hay season. I 700 miles over 3 days picking parts from other depots. I then got a huge bill from chandlers and a request not to talk to the parts department like I did. I think it’s madness that they can’t stock parts for a machine they have sold. They also said there’s never been an issue with that machine before. I then found out this winter from a chandlers fitter that they blow up for fun and they’ve had loads of it. JD on the other had are polar opposite, needed an intercooler hose and it was overnighted from Germany at no extra cost, at the depot by 8am.
Pyketts are the only AGCO I will now entertain, as you said - class outfit.