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Overhauling a 20 year old combine?
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<blockquote data-quote="Two Tone" data-source="post: 4239946" data-attributes="member: 44728"><p>They didn't tell us how many hours it had done. It was in superb condition though.</p><p></p><p>I spoke with a local dealer who has strong connections in the Republic of Ireland and he said that the £ looks very cheap to them compared with last year. Approaching 30% cheaper. </p><p></p><p>So to them £17,800 last year is only £12,500 this year. I valued the combine at £10k. Memories of harvest are still (too) fresh in peoples minds and with the condition of this combine, £12.5k was a definite possibility. </p><p></p><p>But not £17,800!!! For a 26 year old combine having completed 27 harvest!!!!!!!!!!!</p><p></p><p></p><p>On 10th October 1991, I bought a 5 year old immaculate 17' TF42 at auction for £15k. It should have been £30k, but people weren't thinking of combines then. I bought that same combine 5 years later to come from that farm to this one for £20k in June 1996. As a 10 yr old combine, it was probably still cheap, even if it did cause a depreciation tax problem on the previous farm!</p><p></p><p>When I sold that combine form this farm I advertised it in May 2001 and only had 2 responses with stupid offers, We re-advertised it in July for 20% more and sold it straight away! I sold it to a farmer less that 10 miles away and he has still got it.</p><p>I have had three combines since then!</p></blockquote><p></p>
[QUOTE="Two Tone, post: 4239946, member: 44728"] They didn't tell us how many hours it had done. It was in superb condition though. I spoke with a local dealer who has strong connections in the Republic of Ireland and he said that the £ looks very cheap to them compared with last year. Approaching 30% cheaper. So to them £17,800 last year is only £12,500 this year. I valued the combine at £10k. Memories of harvest are still (too) fresh in peoples minds and with the condition of this combine, £12.5k was a definite possibility. But not £17,800!!! For a 26 year old combine having completed 27 harvest!!!!!!!!!!! On 10th October 1991, I bought a 5 year old immaculate 17' TF42 at auction for £15k. It should have been £30k, but people weren't thinking of combines then. I bought that same combine 5 years later to come from that farm to this one for £20k in June 1996. As a 10 yr old combine, it was probably still cheap, even if it did cause a depreciation tax problem on the previous farm! When I sold that combine form this farm I advertised it in May 2001 and only had 2 responses with stupid offers, We re-advertised it in July for 20% more and sold it straight away! I sold it to a farmer less that 10 miles away and he has still got it. I have had three combines since then! [/QUOTE]
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Overhauling a 20 year old combine?
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