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Tractor Talk Discussion Board

Re: How can farmers justify to purchase new tractors ?


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Posted by 1206SWMO on July 08, 2015 at 11:38:35 from (184.21.202.68):

In Reply to: How can farmers justify to purchase new tractors ? posted by crackerjack on July 08, 2015 at 07:49:42:

In order for there to be used tractors in the future someone has to buy a new tractor today.....Lots of the younger guys lease but the old timers with lots of paid for land and no debt can pay cash....I know several farmers with 1500-2500 acres all paid for and no debt that could walk in to any dealer and write a check for 300K and never blink..Some cleared $200-400 acre profit when corn was $5-7.00 and beans $10-15.00....Purchases are often done for tax purposes,not because the trade in was worn out..


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