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Yeoman / Farmer
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<blockquote data-quote="Kiwi Pete" data-source="post: 5224428" data-attributes="member: 63856"><p>Depreciation - that's my only answer.</p><p>I have much much less need of a tractor than anyone I know, and I have 80 cattle housed.</p><p>But, massive depreciation is a cost my business simply cannot bear - and it still does a better job here than ANYTHING that I could buy new, and probably more reliably as all the probable breakages would have broken by now.</p><p>It's 3480kg with the duals on, air cooled, air conned, 90 proper horses and 52° of steering angle is good for a FWA</p><p></p><p>And in ten years, it will be worth as much.</p><p>Nuffield probably appreciating due to rarity of a sound one down here, even lighter, fuel miser, and sentimental value</p><p></p><p>New tractors do my head in by comparison, in my scenario it is: 'do I want a farm <strong>or</strong> a new tractor' in the short term - and I don't mind if it is the case in the long term <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite6" alt=":cool:" title="Cool :cool:" loading="lazy" data-shortname=":cool:" /> </p><p></p><p>good old tub <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>Of course I can simply buy what I want, I have the means, as you know; but the principle of low cost farming is to really only spend on assets, not increase "liabilities we prefer to call assets" <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite27" alt=":whistle:" title="Whistling :whistle:" loading="lazy" data-shortname=":whistle:" /></p><p></p><p>- which is a trap that many fall into, spend, and have to claw it back - not really an asset then, is it?</p></blockquote><p></p>
[QUOTE="Kiwi Pete, post: 5224428, member: 63856"] Depreciation - that's my only answer. I have much much less need of a tractor than anyone I know, and I have 80 cattle housed. But, massive depreciation is a cost my business simply cannot bear - and it still does a better job here than ANYTHING that I could buy new, and probably more reliably as all the probable breakages would have broken by now. It's 3480kg with the duals on, air cooled, air conned, 90 proper horses and 52° of steering angle is good for a FWA And in ten years, it will be worth as much. Nuffield probably appreciating due to rarity of a sound one down here, even lighter, fuel miser, and sentimental value New tractors do my head in by comparison, in my scenario it is: 'do I want a farm [B]or[/B] a new tractor' in the short term - and I don't mind if it is the case in the long term :cool: good old tub :) Of course I can simply buy what I want, I have the means, as you know; but the principle of low cost farming is to really only spend on assets, not increase "liabilities we prefer to call assets" :whistle: - which is a trap that many fall into, spend, and have to claw it back - not really an asset then, is it? [/QUOTE]
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