Buy machinery now or wait until after Brexit date?

[Yale]

Are you depending on your sfp money , if so it might be gone . What happens then.

The lord will provide....,.,,

 

[RhysT]

Having the same debate over some of our products we buy to sell on. Current stock is quite high but am tempted to buy more again now to stock up for winter and mitigate brexit risk.

 

[Pond digger]

I wouldn't, we'll all be bankrupt after the 31st oct, you'll need that money to buy a loaf of bread.

I love an optimist.

 

[Cowabunga]

I don't how you sleep at night with all this worry .

View attachment 827283

Worried? No

Realistic? Absolutely?

Is it inevitable? Absolutely not.

 

[Johnnyboxer]

I had chance to buy some kit, with a discount up to 31/7

I let the offer pass and if post Brexit looks ok, I will order the kit in Spring 2020

If it has gone up, so be it

 

[Jim B]

Brexit won't happen in October, they'll continue kicking the can as long as they possibly can.

IF Brexit does miraculously happen, the pound won't miraculously strengthen and kit won't miraculously get cheaper.

If you can afford it and justify it, crack on. Use the 0% or subsidised finance if its there.

 

[hendrebc]

Fix your old baler. Was only a slip clutch wasn't it?

 

[Cowabunga]

Brexit won't happen in October, they'll continue kicking the can as long as they possibly can.

IF Brexit does miraculously happen, the pound won't miraculously strengthen and kit won't miraculously get cheaper.

If you can afford it and justify it, crack on. Use the 0% or subsidised finance if its there.

Rees Mogg, Boris and Nigel and a few others, all multi-millionaires, are desperate for a no-deal Brexit before the end of the year. They all know the harm it will do to the prospects and prosperity of the common man, but they just don't care.

The reason they want out before the New Year with no-deal is because new EU regulations on finance and tax accountability come into force then and their wealth and business interests would become public knowledge and they would be liable for massive amounts of extra tax which they currently avoid on their personal, not business wealth.

It should be well noted that Farage and Mogg, along with prominent Brexit supporters like Dyson, have moved the bulk of their business and wealth overseas to either other EU countries or, in the case of Dyson, to Singapore which has a favourable trade agreement with the EU.

Hypocrites or what? Immoral or what?

 

[Yale]

Fix your old baler. Was only a slip clutch wasn't it?

£300 spent and no better.

Wondering whether to draw a line.

 

[Wellytrack]

Brexit won't happen in October, they'll continue kicking the can as long as they possibly can.

IF Brexit does miraculously happen, the pound won't miraculously strengthen and kit won't miraculously get cheaper.

If you can afford it and justify it, crack on. Use the 0% or subsidised finance if its there.

If Brexit happens with a deal the machines will be cheaper. Know a man some years ago bought a baler and wrapper and saved 3 grand within a month on the currency alone.

 

[Cowcorn]

I don't how you sleep at night with all this worry .

View attachment 827283

Vicious but i cant help laughing !

 

[Stock]

Pundits are 11 to 4 on for a general election....................................................

 

[Yale]

Pundits are 11 to 4 on for a general election....................................................

But that will be set by Boris after the Brexit date........so we are out.

 

[Stock]

No by the middle of next month.....................................................

But that will be set by Boris after the Brexit date........so we are out.

 

[7610 super q]

Are you depending on your sfp money , if so it might be gone . What happens then.

Most sensible folks have put the SFP to one side, and don't include it in the farm business, as it was bound to end sooner rather than later, Brexit, or not. Some don't, as witnessed by folks selling haylage for £15 / bale.
Having had to put up with EU goal post moving since 1992, whereby one minute I get £20k, 5 years later £0k, 5 years later £2k, 5 years later , £4k........ I just treat it as a bonus. It even tells you in the book of rules, " Do not base business decisions on receiving your SFP ".

 

[D14]

Looking to buy a baler for next year however I don’t really want to commit to one before Brexit.

What are the great and good thinking with the future issues of a weak pound on a no deal or a strong one with a deal?

Thoughts.

Buy it and then if it all goes wrong just stop making the repayments and it will be repossessed. Thats what loads of people do.

 

[Cowabunga]

Buy it and then if it all goes wrong just stop making the repayments and it will be repossessed. Thats what loads of people do.

That would royally f**k-up credit ratings, which is an important consideration for many.

 

[D14]

That would royally fudge-up credit ratings, which is an important consideration for many.

Not if you do the deal via LTD company.

 

[Stock]

Most banks will still look for a personal guarantee from the directors...................................................................................

Not if you do the deal via LTD company.

 

[ARW]

All these brexit threads..
machinery will go up post brexit
Meat trade will collapse post brexit
Where is the optimism!