Tractor + driver going rate ?

[MF CI]

Changing the subject a little but still connected, Anyone prepared to tell the real cost of an employed on the books worker? If minimum wage is over a tenner, then NI and income tax, plus pension contributions and any thing else on top.
Last time I employed people which was overseas I had to add 73% to the base wage. What is it in the UK?

 

[Boomerang]

did i mention i was ruining a business ?

You really are an arrogant condescending arse, you ask a question then disagree with or argue with half the answers.

if anyone else asked a question on here would they get this kind of stupid response ?

i’m going to have to get myself a different username to ever get a proper answer from this forum like others are afforded!

If anyone else asked this question it wouldn't get anything like the number of responses .
There are a lot of clever knowledgeable folk on here but also alot of folk blowing smoke up your arse some of your responses are arrogant and condescending.
You will be along in a minute to tell everyone "it's a business " know your costs in intimate detail " you think you are the only one who thinks like that.
You are not , the others don't shout about it like you do.

 

[d williams]

round here is £200 per hour as i am worth twice as much as my mechanic... my kit is fast asleep for winter now and it will stay that way for anything less... you dont have to agree but just give my idea a bit of thought?

Changing the subject a little but still connected, Anyone prepared to tell the real cost of an employed on the books worker? If minimum wage is over a tenner, then NI and income tax, plus pension contributions and any thing else on top.
Last time I employed people which was overseas I had to add 73% to the base wage. What is it in the UK?

Used to double their hourly rate that was before pensions kicked in

 

[grass man]

i know my costs in intimate detail - but they have no relevance to the market rate whatsoever, i have no intention of working at cost, i have every intention of working at fair market rate

You know your costs and say ur running a buisness so costs plus profit = a commercial decision. You may find the fair market rate is less than your commercial decision so what will you do then? Market rate is not necessarily fair as we all know.

 

[TelesnaAg]

nope - just wondering the correct number to bill. ……. nothing more complex that that

Short term high depreciationlike a combine, $1 per hp aud.

Half that if depreciation rate minimal.

Long term hires can still be value at 30 to 40 cent per hp.

Ant...

 

[Bossfarmer]

looking online heaps of good cheaper brand used tractors with not big hours for under 50k, anyone paying over 150k for a new one needs to do the maths on buying 2 used ones instead

 

[Drillman]

Would you really want an ex hire tractor. Someone could do a lot of damage in a short time, why wear your trailer brakes out if there’s a hire tractor on the front etc.

Price difference between new taking finance options into account the ex hire machines ain’t worth bothering with currently

 

[Drillman]

looking online heaps of good cheaper brand used tractors with not big hours for under 50k, anyone paying over 150k for a new one needs to do the maths on buying 2 used ones instead

Ah but some people are addicted to shiny paint…

a lot of people tell me it’s all about image but tbh I’m at the stage where I’m gonna have to start turning contract work away and non of my kit is shiny or new by any stretch of the imagination….

 

[Lakesdigger]

Price difference between new taking finance options into account the ex hire machines ain’t worth bothering with currently

Why because you only get 0% finance on new? It's priced into the deal remember and it's seems a lot of people don't consider that interest on finance can be offset against tax so other than higher monthly repayments it could actully be well worth it in the long run.

 

[Drillman]

Why because you only get 0% finance on new? It's priced into the deal remember and it's seems a lot of people don't consider that interest on finance can be offset against tax so other than higher monthly repayments it could actully be well worth it in the long run.

I had an example given to me recently, about £110k for year old ex hire V £120 ish K for new 0% finance on new.
which one would you buy?

doesn’t really need a lot of thinking about does it!

 

[Chae1]

looking online heaps of good cheaper brand used tractors with not big hours for under 50k, anyone paying over 150k for a new one needs to do the maths on buying 2 used ones instead

Why buy 2?

 

[Bossfarmer]

Why buy 2?

if you are worried about buying 2nd hand for reliability ie contractors etc

 

[ollie989898]

I’m thinking lads are driving them and being told to crack on, which they do without having to worry about long term reliability.
And yes some folk wouldn’t bother having the trailer brakes serviced if they were pulling them with hire tractors.
We perhaps know different farmers

Depends on who has them. Some farms I have known hire tractors get looked after very well. Normally driven by a specific person for a specific task then sent back.

 

[Chae1]

if you are worried about buying 2nd hand for reliability ie contractors etc

You've then 2 to breakdown?

We've sunk over 20k in repairs to our T7 260. First big repair at just over 3k hours when warranty expired. At 6.5k hours now.

I know it's luck of the draw but after my experience with that tractor better keeping them in warranty.

 

[Lakesdigger]

I had an example given to me recently, about £110k for year old ex hire V £120 ish K for new 0% finance on new.
which one would you buy?

doesn’t really need a lot of thinking about does it!

Difference isn't always that small though is it?
The other thing which ex hire is the dealers had money from them while they are effectively in stock waiting for the customer who suddenly decides they want a new tractor immediately.

 

[Bossfarmer]

You've then 2 to breakdown?

We've sunk over 20k in repairs to our T7 260. First big repair at just over 3k hours when warranty expired. At 6.5k hours now.

I know it's luck of the draw but after my experience with that tractor better keeping them in warranty.

new ones break down too and the cost of dealer servicing isnt cheap when in warranty, ive never had a repair bill above 8k on a tractor and i run them to high hours so id say u were unlucky, that said 20k may seem eye watering but your GUARANTEED to lose 20k in depreciation on a new one the first 3 years if your doing reasonable amounts of hours and your having to shell out 150k for the priveledge, for people running a few tractors it all adds up very quickly

 

[Clive]

You know your costs and say ur running a buisness so costs plus profit = a commercial decision. You may find the fair market rate is less than your commercial decision so what will you do then? Market rate is not necessarily fair as we all know.

from what i can tell market rate is miles higher then my costs which are already well amortised over the acres we farm anyway , even the (salaried) labour is already costed - so beyond additional R&M / fuel per hour whatever i charge is 100% profit

 

[Clive]

Worth looking at an-ex hire Fendt or Valtra? Some of the savings being talked about here aren't to be sniffed at.

i’m not in the market to buy anything - my existing tractors are just fine / long ago paid for and do the job just perfectly

when our eldest 724 gets to 10k hours i might be tempted by a 728 possibly. but will consider and cost similar alternatives

 

[Werzle]

£50/hr all in.

 

[thorpe]

from what i can tell market rate is miles higher then my costs which are already well amortised over the acres we farm anyway , even the (salaried) labour is already costed - so beyond additional R&M / fuel per hour whatever i charge is 100% profit

100% profit