I've had many of the same thoughts, questions, and concerns. I don't have any good answers. And I have a very unsettled feeling about the whole thing. The smiling young man in the JD commercial says it all when he claims he can fix your combine from 100 miles away! Last I knew, under all that new paint and electronics, there was still a mechanical machine. I have had some debt in the past. But with the crops and prices of the last few years, not only have I updated my machinery, I have retired all debt. I can still find a new enough tractor or combine to buy out of cash flow. (If sec. 179 really doesn't come back, I've got to do something different!) A combine and three tractors, brand new, all at once! That just doesn't even seem right. If we are fortunate enough to have a grandson want to take over, as long as I'm alive, debt will remain minimal, so that the ability to withstand whatever comes along is maximized.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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