Snog, Marry, Avoid ....

Which Way?

  • Buy new

    Votes: 125 76.2%
  • Buy used

    Votes: 37 22.6%
  • 12-24 month hire

    Votes: 2 1.2%

  • Total voters
    164

v8willy

Member
Mixed Farmer
1000hrs a year for new tractor , 40 hrs a week is only 25 weeks work , I don’t think 1000 hrs would touch the surface in justifying a new 200hp tractor, no way.
That's ok to a point, you go secondhand & save, if it works out, great.

If however you buy something that has a major breakdown, lets say in the middle of silage, it's 200+hp on a set of mowers, it's not something you can just pull the diet feeding tractor in to replace it with, you have a squad of men standing idle when it stops till you get something sorted, so you hire something in, pay for that, pay for the repair bill which these days on a tractor of that size needs a bottle of asprins with it.

It's kinda pay for warranty or pay repair bills, just whichever you feel happier with.
 

Hilly

Member
That's ok to a point, you go secondhand & save, if it works out, great.

If however you buy something that has a major breakdown, lets say in the middle of silage, it's 200+hp on a set of mowers, it's not something you can just pull the diet feeding tractor in to replace it with, you have a squad of men standing idle when it stops till you get something sorted, so you hire something in, pay for that, pay for the repair bill which these days on a tractor of that size needs a bottle of asprins with it.

It's kinda pay for warranty or pay repair bills, just whichever you feel happier with.
Yet main dealers are full of new tractors broken down, like I said before as much luck involved as good management .
 
17 plate with 7000 hrs,
That’s a bit more than 1000 hrs a year? I would always look for nice low hour secondhand tractors first but the last three tractors here were all new with 3 yr warranties, s/h values are too high and getting correct spec is not always easy,, anytime I looked at hire or lease etc I thought it was way too expensive.
So for @Bald Rick I think new is best option
 

hally

Member
Livestock Farmer
Location
cumbria
That’s a bit more than 1000 hrs a year? I would always look for nice low hour secondhand tractors first but the last three tractors here were all new with 3 yr warranties, s/h values are too high and getting correct spec is not always easy,, anytime I looked at hire or lease etc I thought it was way too expensive.
So for @Bald Rick I think new is best option
Thats the key with most kit at the moment, second hand just to expensive
 
Need to replace our big tractor (require 200hp+ boosting up) but am not sure of best way forward.

Buy new - expensive but warranted
Buy used - cheaper but could be a bag of spanners
Long term hire - not overly cheap but no hidden costs unless over hours. No equity either

Tractor likely to clock 1000+ hrs on triple mowers, 6m power Harrow or strip tiller, large silage trailer, large slurry tanker and fert spreading
Front links/PTO and guidance a must

Thoughts?

Buy used as you can have 2 decent used for 1 brand new.
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Buy used as you can have 2 decent used for 1 brand new.

Always bought used in the past.

However with our “big” tractor, we seem to be running in to repair issues now.

Had quotes on brand new, ex demo and hire.

Personally I struggle to see the value in hire as there is no equity but I can see peace of mind.
New allows us to tailor warranty whilst ex demo is cheaper but will only have 1 year of cover unless we buy third party cover

TBH there is no clear cut answer
 

Hilly

Member
Always bought used in the past.

However with our “big” tractor, we seem to be running in to repair issues now.

Had quotes on brand new, ex demo and hire.

Personally I struggle to see the value in hire as there is no equity but I can see peace of mind.
New allows us to tailor warranty whilst ex demo is cheaper but will only have 1 year of cover unless we buy third party cover

TBH there is no clear cut answer
That’s the answer everytime no clear path , end of the day just got to follow your own gut feeling as to what will suit yourself best .
 

hally

Member
Livestock Farmer
Location
cumbria
I no it’s not the same price range but it always pays to get quotes on new tackle but My mate just got a post knocker new off carrs cheaper than the second hand options he was looking at online

I no it’s not the same price range but it always pays to get quotes on new tackle but My mate just got a post knocker new off carrs cheaper than the second hand options he was looking at online
Price of kit nowadays means everything is being kept longer so harder to find good second hand stuff imo.
 

som farmer

Member
Livestock Farmer
Location
somerset
we have just changed our main tractor, 120 to a 140hp, costing went like this,
tractor bought and paid for,
need 2 new rear tyres
air con defunct
just been having a few 'minor electrical' faults, that are never minor, when the bill comes
correct amount of hours, 5250, for 2nd hand market
the depreciation in keeping it for a further year, was slightly more than the monthly payments on a new one
which was less than we paid anyway.
Throw in reliability, of a new tractor, that we rely on, we bit the bullet,
right or wrong, time will tell.
 

Speedstar

Member
Location
Scottish Borders
Need to replace our big tractor (require 200hp+ boosting up) but am not sure of best way forward.

Buy new - expensive but warranted
Buy used - cheaper but could be a bag of spanners
Long term hire - not overly cheap but no hidden costs unless over hours. No equity either

Tractor likely to clock 1000+ hrs on triple mowers, 6m power Harrow or strip tiller, large silage trailer, large slurry tanker and fert spreading
Front links/PTO and guidance a must

Thoughts?
How have you found the running costs going from a JCB fastrac to a John Deere ?
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
How have you found the running costs going from a JCB fastrac to a John Deere ?

Very similar. JD is better at mowing and power harrow due to increased grunt, Fastrac better at towing - which is its purpose I suppose

I think buying your prime mover tractor with 4-5000 hrs already on the clock is a mistake due to conitinual niggles that morph in to bigger problems. Swallowing the initial purchase price is flexing my sphincter
 
Always bought used in the past.

However with our “big” tractor, we seem to be running in to repair issues now.

Had quotes on brand new, ex demo and hire.

Personally I struggle to see the value in hire as there is no equity but I can see peace of mind.
New allows us to tailor warranty whilst ex demo is cheaper but will only have 1 year of cover unless we buy third party cover

TBH there is no clear cut answer

Yes hire prices have shot up a lot so it’s no longer viable. As for new prices I can’t get my head around them to be honest and I think you need to be doing 2000 hrs a year to justify it. At the end of the day if new is £150,000 then your paying back £170,000 or £34,000 a year over 5 years which for your 1000 hours is £34/hr before you fuel it, insure it, maintain it and put a driver on the seat.

I’d go second hand Puma cvx because if the gearbox went it’s about £5k to repair. If a JD or Fendt box goes it’s double that.
 

IOW91

Member
Livestock Farmer
Id look at buying new, slightly bigger HP than needed so it's not working quite as hard. Get a decent warrenty agreement sorted, and aim to keep until around 8000 hours (unless something crops up, such as a decent incentive to trade earlier or problems.)

That way your getting more out of it than trading at 5-6k hours but have a bigger used market to sell to than at 10k+ hours.
 

aled1590

Member
Location
N.wales
Buy a new McCormick , 240hp significantly cheaper than some others 5 years warranty ! Recent demo with triples and apparently it hardly knew they were on in a decent crop .
Only McCormick dealer in N.Wales that is based on Anglesey has changed over to Case now so probably out of the question
 

Mr CVX

Member
You are the minority, almost every tractor has increased in value in the past few years it has nothing to do with what you are using it's the fact that new ones have got so expensive that second hand values had to rise to allow people to make the jump from second hands to new ones.
Electric spools are progress, you must not have used many if you think they are either on or off.
Auto steer, suspension, electronic engine management, cabs, cvt gearboxes.
Have all made the job quicker and easier.
Ive used them all from 100 series masseys up the to latest models.
Put 2000 hours a year on a big awkward dog of an 80s designed American tractor 40 years on and you would be fit to be in a mental home.
Always the same on this forum, if you asked where to get the best pint of larger on the Isle of Wight someone would start beating a drum about the cider in Scotland is better.
Thing is the market is tending to suggest that I am not in the minority.

Simple mechanical everything tractors have more or less stopped depreciating. My main two arable tractors are a Magnum 7250 and 7240 which I suspect are worth more today than they were 5 years ago even though they have done a few thousand hours extra.

If progress is defined by electric spools which are on or off and don't allow you to control flow on a simple lever then count me out.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 102 41.5%
  • Up to 25%

    Votes: 90 36.6%
  • 25-50%

    Votes: 36 14.6%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 10 4.1%

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