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Farm Machinery
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New tractor versus used
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<blockquote data-quote="warksfarmer" data-source="post: 7457663" data-attributes="member: 192"><p>Been round in circles with this and if I was doing 1500 hours per year and above then a new tractor with full warranty changed every 3 years or at the dealers discretion is where its at. If that tractor is charged at £20/hour (not including driver, fuel, insurance etc, its just the tractor cost) then over 3 years its earnt £90,000.</p><p></p><p>Anything under then I just don't see how new stacks up. I bought a tractor that was 3 years old with 3000 hours on it, new set of tyres, integrated RTK steering, front linkage, front pto, 4 spools, cvt gearbox, 50km/h blah blah blah for £65,000. Brand new at the time, same tractor was £120,000 with 3 years warranty. I intend to keep it and never sell it. It'll be good for 10,000 hours, yes with some repairs no doubt but £120,000 over 3 years would of cost £138,000 including interest where as ours has cost £74,750 including interest. </p><p></p><p>The other option is you buy new with the longest warranty possible, (think thats now 8 years) and make sure it stays on farm for 10 years.</p></blockquote><p></p>
[QUOTE="warksfarmer, post: 7457663, member: 192"] Been round in circles with this and if I was doing 1500 hours per year and above then a new tractor with full warranty changed every 3 years or at the dealers discretion is where its at. If that tractor is charged at £20/hour (not including driver, fuel, insurance etc, its just the tractor cost) then over 3 years its earnt £90,000. Anything under then I just don't see how new stacks up. I bought a tractor that was 3 years old with 3000 hours on it, new set of tyres, integrated RTK steering, front linkage, front pto, 4 spools, cvt gearbox, 50km/h blah blah blah for £65,000. Brand new at the time, same tractor was £120,000 with 3 years warranty. I intend to keep it and never sell it. It'll be good for 10,000 hours, yes with some repairs no doubt but £120,000 over 3 years would of cost £138,000 including interest where as ours has cost £74,750 including interest. The other option is you buy new with the longest warranty possible, (think thats now 8 years) and make sure it stays on farm for 10 years. [/QUOTE]
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New tractor versus used
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