Fendt depreciation per hour

Depends on how hard their life is and how well you maintain them

I’ve heard of tractors that have done 20k hours without vario issues

Our tractors get an easy life - serviced ecactly by the book, always working on top and everything trailed and never see mud ! They have been almost bomb proof so far so expect a lot more relatively trouble free hours yet
fair enough i suppose ploughing will be the main strain on these things?
 

Spencer

Member
Location
North West
I had a930 drop a valve and caused a lot damage/expense @ 4800hrs it had also had a new Vario fitted at 2500hrs (previous owner)
Probably the way it was driven by previous owner.. as has been said on here. Seat jockeys using them for haulage on Road with heavy loads pulling stick back hard to slow down and stood on exhaust brake is the kindest way of driving them..
 

Jamin

Member
While I agree with most of what you say if you are not keeping it or cashing in your chips then the cost to change in the most relevant figure. Even if you are down specking cost to change is the most important thing. See my above post. Is £2ihr a realistic figure.

Strongly disagree here. Before buying a machine surely you estimate a resale value and repair cost or you have a servicing package. If you are doing this to get your cost of ownership then depreciation is very important. You don’t base decisions on what it may cost me next time I come to change it.
 

Drillman

Member
Mixed Farmer
Strongly disagree here. Before buying a machine surely you estimate a resale value and repair cost or you have a servicing package. If you are doing this to get your cost of ownership then depreciation is very important. You don’t base decisions on what it may cost me next time I come to change it.
No i just look at it and think can i afford it and will it fall to bits in the next 10 years.

If the answer to both is positive and it will do the job i want i will buy it. depreciation isn't really a concern on tractors i run.
 

stevedave

Member
Strongly disagree here. Before buying a machine surely you estimate a resale value and repair cost or you have a servicing package. If you are doing this to get your cost of ownership then depreciation is very important. You don’t base decisions on what it may cost me next time I come to change it.
Did you know that tractors were going to go up in price as much as they have in the last few years. I didn't. What we are looking to buy now may be over £120k in five years time or it may have gone up a couple of grand. I don't know so how can we estimate what it will be worth in 3 to 5 years?
 

Grass And Grain

Member
Mixed Farmer
Location
Yorks
Cost to change is not relevant to depreciation - I may never chage it ! I might sell and retire. Or if i change it for a cheaper tractor did I make a profit and own an appreciating tractor ?

The ownership cost of any machine should be based around its costs and not those of the one you ran before or after it

True, cost to change is not depreciation. But...

I don't think you can consider depreciation on its own as a cost/expense to the business.

If the brexit vote had gone the other way and currency hadn't devalued, then the depreciation of a tractor purchased pre brexit vote would have been higher right now. For your tractor it might be say £15 rather than £12/hr, but the replacement cost would have been lower than it is currently.

I think depreciation of the old tractor and cost of the new one should both be considered together. As far as I see it, the two things are associated.

Imagine if there's a brexit deal and the pound strengthens 20% overnight, a new tractor will reduce in price by 20% and the value of your old one will also drop, thus increasing its depreciation £/hr cost.

On a practical point, what could be really bad would be buying a new tractor right now, pound strengthening on 19th March 2019 and that tractor devaluing massively.

The more I think about it, the more I become of the opinion that cost to change is a more (or at least equally) useful metric than depreciation of an individual machine. It does make me scratch my head though
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
All this talk on what it is worth is point less , buy what you want and what you want to drive and what you can afford to pay for weather new or not as you are only here for a short time and why drive some thing you do not like just because it is cheap

For a owner driver I agreee

For anyone who spends as little time in the cab as I do these days I’m looking for a combination of ability to do the job, ownership cost and what the drivers want.

Also the quality and service of the dealer is important as all makes break sooner or later
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Does your 750a and big trailed sprayer/s run on fairy dust?

both are pretty kind and not hard work for a tractor compared to dragging ploughs and other deep cultivators about, mounting heavy machinery on linkages or dragging potatoes though mud etc

I think our use of them is really very light compared to how machines are pushed on some farms, they are more powerful than most of the things we pull need and sit in a shed November until March every year
 
Friend was quoted £80k this week to swap a 3000 hour 720 for a new one. Dealer valued his at £90k, £27 per hour depreciation/cost to change.

Our last one lost £23/hour cost to change (724) hence why we now have a Puma CVX which looking around at new and used prices look to be £12-£14/hour.

Puma using the same amount of fuel as the Fendt as well so far.

However it’s no where near as smooth ride suspension wise and the gearbox isn’t as responsive as the Fendt. Puma has the better cab though. Not really much between them to be honest although Fendt would be the better machine but they are just stupid money now.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
Our last one lost £23/hour cost to change (724) hence why we now have a Puma CVX which looking around at new and used prices look to be £12-£14/hour.

Puma using the same amount of fuel as the Fendt as well so far.

However it’s no where near as smooth ride suspension wise and the gearbox isn’t as responsive as the Fendt. Puma has the better cab though. Not really much between them to be honest although Fendt would be the better machine but they are just stupid money now.

So you reduced cost of of chage to negate machinery price inflation by replacing with a cheaper tractor

What do you do next time ? Zetor ?

What was the actual depreciation / hr of the Fendt ? And why did you chage it so soon ? Early hours are the most expensive hours regardless of brand surely ?
 

Adam@Rumen

Member
Location
Nantwich/Rishton
Running "smart" tractors also helps on the labour front I guess, it's becoming increasingly difficult to find good staff and nice kit can sway them too you. Certainly the case when it comes to lorries these days.
 

stevedave

Member
So you reduced cost of of chage to negate machinery price inflation by replacing with a cheaper tractor

What do you do next time ? Zetor ?

What was the actual depreciation / hr of the Fendt ? And why did you chage it so soon ? Early hours are the most expensive hours regardless of brand surely ?
What does it matter it's the cost to change that matter or is depreciation the new thing to make Fendt owners (of which I am one) feel better about themselves now that the penny has dropped that they have spent £20k more on a tractor that has the same running costs, reliability,productivity, spec and comfort as any thing else on the market.
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
What does it matter it's the cost to change that matter or is depreciation the new thing to make Fendt owners (of which I am one) feel better about themselves now that the penny has dropped that they have spent £20k more on a tractor that has the same running costs, reliability,productivity, spec and comfort as any thing else on the market.

I’m going to px my fendt for a zetor then - that will make it the cheapest cost to chage machine I’ve ever run ...... seriously !

What matters and this thread is about is depreciation. And that is very simply the difference between what you bought it for what you sell it for

Ask the tax man if you disagree !

Cost to change (like for like) and running costs are the subject of separate discussion
 
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