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Livestock
Dairy Farming
Investments to improve the bottom line
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<blockquote data-quote="dannewhouse" data-source="post: 4384990" data-attributes="member: 43882"><p>I'm happy to buy second hand and sort the odd problem myself but I can see the thinking on some farms where a tractor say has had at least 5k repairs for the last 3 years (each year) above service/ general running costs and its looking like that will be the norm trading in say a 20k tractor for a 50k does make a little sense?</p><p></p><p>similar argument my mate bought his second car on finance I said he was daft but he had worked out his monthly costs were actually less including paying car off as fuel usage was less, insurance less etc he did quote reasonable numbers at the time so it was believable + not the guy to lie for sake of it. just 1 example of where sometimes borrowing/spending/investing the money sooner sees a quicker return?</p></blockquote><p></p>
[QUOTE="dannewhouse, post: 4384990, member: 43882"] I'm happy to buy second hand and sort the odd problem myself but I can see the thinking on some farms where a tractor say has had at least 5k repairs for the last 3 years (each year) above service/ general running costs and its looking like that will be the norm trading in say a 20k tractor for a 50k does make a little sense? similar argument my mate bought his second car on finance I said he was daft but he had worked out his monthly costs were actually less including paying car off as fuel usage was less, insurance less etc he did quote reasonable numbers at the time so it was believable + not the guy to lie for sake of it. just 1 example of where sometimes borrowing/spending/investing the money sooner sees a quicker return? [/QUOTE]
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Investments to improve the bottom line
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