Who’s buying gear ?

[Dman2]

A local rep I deal with sent me a message on Saturday to say he had been made redundant.
A bit pee'd considering he had sold 2 twin rakes the week before, and had lots of enquiries

 

[Deutzdx3]

We have 10 6ft toppers made, 5 4ft Toppers made ready to sell and no one wanting to take on stock now. Another 10 toppers lined up to be profiled in the next week. The grass will grow so people will buy eventually. Especially when they find their old votex has rotted over winter with the horrendous rain we had.

 

[KB6930]

Who's buying gear ?

Surely simple enough businesses that need new gear for various reasons .
Plenty doom and gloom as usual on here but the work is still to be done

 

[jamj]

A haybob is never the right thing!

He won't be able to sleep at all now!

 

[Derrick Hughes]

Is Used Construction Plant like Diggers likely to drop in price ?

 

[GeorgeK]

Is Used Construction Plant like Diggers likely to drop in price ?

Hard to say, while demand might drop and supply increase as kit is returned, our currency may devalue making new more expensive and used attractive for export. This could increase used prices. Lord knows, we've never tried shutting the global economy down for 6 months before!

 

[TomD]

A local rep I deal with sent me a message on Saturday to say he had been made redundant.
A bit pee'd considering he had sold 2 twin rakes the week before, and had lots of enquiries

Surely the company would of furloughed him or was he or the company struggling before the coronavirus came?

 

[Northeastfarmer]

After lengthy consultation with my accountant and bank manager I have invested in another used haybob.
I lay awake most of last night worrying if I have done the right thing....

Get yourself a rotorspreader muckspreader to go with the gaybob and you’ll be in a permanent state of insomnia ?

 

[Zippy768]

Had rep on phone and he sold me some serious gear........ 6 feed troughs coming ???. Opted for the lightweight ones, mustn't go crazy

 

[ewald]

Had rep on phone and he sold me some serious gear........ 6 feed troughs coming ???. Opted for the lightweight ones, mustn't go crazy

It's a fine line between investing to safeguard the future of the business and preserving what may be an important cash buffer (oops - forgot that real businesses don't hold cash - it is a depreciating asset)

 

[Greythundercloudys]

Changed a tractor in November and a quad in Feb, could really do with a newish topper and a 8ton trailor, maybe could manage a topper.

 

[Bobthebuilder]

Plenty kit going out of local dealers up here of various colours

 

[Farmer_Joe]

This is true I stand corrected, I just ordered a pack of 4 prolapse spoons from Carr’s billington so I’m still investing

 

[ollie989898]

I get this, 1 wide new drill that costs more to start with, that only needs 2 people to keep it going (1 on loader) is cheaper than paying extra people to run 2 smaller older drills in the long run. Full time staff are definitely more expensive than kit.

I said this ages ago and was shouted down. Good staff make you money etc etc...

 

[ollie989898]

It's a fine line between investing to safeguard the future of the business and preserving what may be an important cash buffer (oops - forgot that real businesses don't hold cash - it is a depreciating asset)

You been attending Clive's business studies lectures again.

 

[ollie989898]

Spoke with a good friend of mine and he is changing out some gear mostly to speed the job up and bring one or two jobs in house again. I guess taking advantage of his time or what full time labour he has available. I know having contractors in is often well justified but they produce a bill at the end of the day the same as anything else.

 

[little_p]

After lengthy consultation with my accountant and bank manager I have invested in another used haybob.
I lay awake most of last night worrying if I have done the right thing....

That's the trouble with running businesses based on what so called 'professional advisors' suggest.
Any decent accountant or bank manager would have also advised you to heavily invest in puncture repair kits as well.

 

[Celt83]

That's the trouble with running businesses based on what so called 'professional advisors' suggest.
Any decent accountant or bank manager would have also advised you to heavily invest in puncture repair kits as well.

Yes and a good book to read as you go back and forth all day long!

 

[steveR]

That's the trouble with running businesses based on what so called 'professional advisors' suggest.
Any decent accountant or bank manager would have also advised you to heavily invest in puncture repair kits as well.

And an experienced Bank Manager will suggest you toddle along to a local tyre company, and make an investment in two car tyres for it...

The saving in downtime is but part of the reward, the saving in curses on a Sunday afternoon as a storm beckons is much, much greater

 

[glasshouse]

I get this, 1 wide new drill that costs more to start with, that only needs 2 people to keep it going (1 on loader) is cheaper than paying extra people to run 2 smaller older drills in the long run. Full time staff are definitely more expensive than kit.

So your drilling setup is standing you around £350,000?
that was the price of a farm not long ago