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Farm Business
Agricultural Matters
Farm subsidies.. Yay or nay
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<blockquote data-quote="Two Tone" data-source="post: 6372784" data-attributes="member: 44728"><p>Yes, I know what you mean. I'm not sure if we will ever buy a brand new tractor again. It is more likely to be 2nd hand, but it still won't be a Fendt!</p><p></p><p>The last new one we bought was one of the last 2000 series Fastracs in 2014. Our other mainline tractor, a NH 7050 in 2010 has been so reliable, I daren't sell it, even though we only expected to keep it 5 years.</p><p></p><p>But one of the reasons why is because we have two much older working classics that do all the little jobs that don't need the high HP and keeps their hours low.</p><p></p><p></p><p>This idea wouldn't fit well with what AHDB is trying to teach 50-year-old farmers about tractor running costs [USER=4612]@ajd132[/USER] . But the reality is it keeps our running costs well down as well as having the pleasure of using the working classics, which we can fix without needing a main dealer.</p><p></p><p>Everything is now bought and paid for, the finance on the mainline tractors finished long ago and the working classics are actually going up in Value!</p><p></p><p>This is to some extent offsets fooling the Balance Sheet that we are not investing in brand new machinery. But until we know what will happen, post-Brexit and post-BPS, I'll continue with this system that keeps us well tooled up, but very cheaply and with very low maintenance costs.</p></blockquote><p></p>
[QUOTE="Two Tone, post: 6372784, member: 44728"] Yes, I know what you mean. I'm not sure if we will ever buy a brand new tractor again. It is more likely to be 2nd hand, but it still won't be a Fendt! The last new one we bought was one of the last 2000 series Fastracs in 2014. Our other mainline tractor, a NH 7050 in 2010 has been so reliable, I daren't sell it, even though we only expected to keep it 5 years. But one of the reasons why is because we have two much older working classics that do all the little jobs that don't need the high HP and keeps their hours low. This idea wouldn't fit well with what AHDB is trying to teach 50-year-old farmers about tractor running costs [USER=4612]@ajd132[/USER] . But the reality is it keeps our running costs well down as well as having the pleasure of using the working classics, which we can fix without needing a main dealer. Everything is now bought and paid for, the finance on the mainline tractors finished long ago and the working classics are actually going up in Value! This is to some extent offsets fooling the Balance Sheet that we are not investing in brand new machinery. But until we know what will happen, post-Brexit and post-BPS, I'll continue with this system that keeps us well tooled up, but very cheaply and with very low maintenance costs. [/QUOTE]
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Farm subsidies.. Yay or nay
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