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Farm Machinery
Machinery
Prices coming down?
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<blockquote data-quote="Enry" data-source="post: 9088681" data-attributes="member: 369"><p>Looks like being a disastrous year for arable, SFI, milk prices rumbling along, hardly a marketplace where machinery sales will be easy come by. Have heard of two local units where they would always buy new tractors, buying ex hire/used etc., on the basis that buying new just fuels the price rises. Chosen elite brands may also find it harder to justify the premiums based on "it's worth more when you sell it" when interest rates are higher. Having an extra 40k tied up for 5 years is not an insignificant sum any more</p></blockquote><p></p>
[QUOTE="Enry, post: 9088681, member: 369"] Looks like being a disastrous year for arable, SFI, milk prices rumbling along, hardly a marketplace where machinery sales will be easy come by. Have heard of two local units where they would always buy new tractors, buying ex hire/used etc., on the basis that buying new just fuels the price rises. Chosen elite brands may also find it harder to justify the premiums based on "it's worth more when you sell it" when interest rates are higher. Having an extra 40k tied up for 5 years is not an insignificant sum any more [/QUOTE]
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Farm Machinery
Machinery
Prices coming down?
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