I have all older equipment, my newest tractor is a 1968 model 756d Farmall. That tractor is currently tore down due to a spun rod bearing and will be out for my final crop of hay this year again. Last year it missed 2nd crop due to the PTO being out. I was out with a my early 60's 460 Farmall the other day and snapped a spindle on the front axle. 3 hours lost and $125. It just never seems to end. 2 weeks ago a rear rim rusted out on the 460 and took out the tube. $450 for a new rim and tube installed.
I have fought the urge to buy a newer tractor due to my small size operation, currently about 50 acres of hay but shooting to be 100+ acres in the next few years, but I am about to give in. I have looked at several tractors less than 10 years old, they scare me due to the electronics on them. I have looked at a couple tractor from the early to mid 90's and I think I may buy one. There are electronics on these, but still simple enough to troubleshoot. Tomorrow I'm going to look at one that looks promising.
I think these older tractors are enjoyable to operate, but they are certainly past their prime and getting a bit unreliable. Most of mine have 8000-10,000+ hours and 40+ years on them. The reliability has just dropped to a point where I can't count on them getting the job done anymore.
Farming is my hobby, any time I spend farming is time away from my income producing business, so time spent repairing equipment really is pretty expensive for me.
I'm not saying newer is better, I'm just gonna give it a shot. I very well maybe back here b!tching about the new machine in short order, we will see.
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