TRACTOR PARTS Allis Chalmers Case & David Brown Farmall & International Ferguson Ford & New Holland John Deere Massey Ferguson Massey Harris Minneapolis Moline Oliver & Cockshutt Kubota / Yanmar

TRACTOR MANUALS

Allis Chalmers	Case	Farmall IH	Ford 8N,9N,2N	Ford
Ferguson	John Deere	Massey Ferguson	Minn. Moline	Oliver

Farmall & IHC Tractors Discussion Forum

Re: Old vs. New tractors

[Show Entire Topic]

Welcome Guest, Log in or Register

Author

Allan in NE

02-10-2005 05:55:41

Report to Moderator

Mornin',

Well, in fairness to the guys who are playin' the farmin' game for real, they do indeed have a point.

To me, these old tractors are just toys, but to them tractors are tools and they just cannot be "down" for repairs for any reason.

When I quit farming, I was running 7 farms and the annual budget would bounce around the $200K mark. Guys tell me that now, they are playing with figures that I can't even get my head around.

With that kind of money, downtime is a major expense and I can certainly understand where they would want brand new equipment.

My ol' pee brain won't even go to the sandbox where these guys are playin' nowadays. :>)

Allan

[Log in to Reply] [No Email]

Kelly C

02-10-2005 06:58:53

Report to Moderator

Re: Old vs. New tractors in reply to Allan in NE, 02-10-2005 05:55:41

From what I have gleened so far. I agree with you on this. For full time Farmers leasing new equipment and deducting the total cost of the equipment is better way to go. If your big enough to do that.

I do have a guy working for me that just purchased a new JD 4wd and he does 240 acres and some cattle.
He said he did it because he cant afford to be down at all. With him and his wife both working outside the Farm time is a real issue.
I also agree with that as I find time a big issue for me also. But I think he could have been better served by a back up tractor to use when the other needs repairs.
Heck you can have 2 pretty good IH tractors for $20,000 compared to one new one for $45,000

I use the back up plan for my hobby haying. a 400 and a 460. cost about 8,000 total. Thats the cost after I get them where I want them.
When I get bigger I then will add a bigger tractor and remove the 460.
I dont really concider the cost of a old tractor into the figures at all. Depreciation on these was done years ago. So a 460 I purchased for $3500 3 years ago will still bring $3500 when I sell it. The real cost of using this stuff is the upkeep. Can be quite a bit depending on the condition when you get it. But I suspect that is still quite a bit less than interest on a loan or depriation you take on a newer one.

I understand what I do may not be relitive to this conversation though. I keep one toe in and a foot out. That way if I get sick of it I can get out with out loosing any thing.

[Log in to Reply] [No Email]

greywynd

02-11-2005 08:11:36

Report to Moderator

Re: Old vs. New tractors in reply to Kelly C, 02-10-2005 06:58:53

I guess it all depends on who you are and how you go about things. I sometimes run a John Deere 7420 plowing snow for a local 'farmer'. Yes, he is a farmer in his late 40's?, his father still farms, as well as his 2 brothers, also most of the next generation is getting into it now too. Being 'aggressive' and business savy(IMO), they keep expanding the operation. I really have no idea how much land they own/lease/farm, I've heard that they own 2-3000 acres among the family members, they also rent/lease a lot more. As the farming got bigger, they also started into trucks, they now have a small fleet of highway trucks, with it's own dispatcher etc. Number of years ago, they got the contract from the local city for spreading the 'manure' sludge from the treatment plant. Eventually, they started an 'environmental' division, that spreads manure for local farmers, for the city, whatever. When they wanted to take out some fence bottom years ago, they started buying dozers and excavators. Last year another 'division' (I think ran by one of the older 'next generation') built a golf course. A lot of these projects are turned into partnerships, so that they have a return for years to come. I really have no idea how big that they have become. I know the farm tractors are mounted with snow plows to do snow removal contracts. When we were out yesterday, there were at least 6 tractors, with the 7420 I ran being one of the smaller ones. There's a 14' front blade on it, and a 12' rear blade on it. The larger side there's 2 wheel loaders, one with a 22' blade, one has a 24'. I understand that just one of the snow contracts are worth 70K a year, and that's only one of 25? I also hear that his liability insurance for the snow removal is 40K a year....

These guys just look at it as an extension of the farm. As the bigger cities get closer, they are taking advantage by hiring out to the big city. Personally, I wouldn't even want to thing about the stress etc. that these guys endure.

I still like my 541 offset Ford for plowing snow at home to boot!

Mark

[Log in to Reply] [No Email]

[Show Entire Topic] [Options] [Printer Friendly] [Posting Help] [Return to Forum] [Log in to Reply]

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home | Forums

Copyright © 1997-2023 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy