Posted by Frantz on November 20, 2016 at 09:52:17 from (198.45.222.211):
In Reply to: Tractor Prices down! posted by Deere Scotty on November 19, 2016 at 21:04:51:
If you're buying to flip you certainly have to be very careful with what all you'll be putting into them. For use it comes down to the value of utility. A brand new tractor sure would be nice for my start up farm, but they aren't getting cheaper! Bought a Farmall 460 gas for $300. Needs tires and according to the seller, needs resleeved (haven't tore into it yet myself). They were going to scrap it! With other odds and ends I'll probably end up with around $3k into it, which is what the tractor is worth though I'll know what I have. But, it beats a $30k tractor for me right now! I don't have enough income to use the tax brakes. It's a good time to start a collection or get cheap usable power for new folks like myself. I may not be making money, but I'm saving a bunch AND I haven't lost any in value should I decide to upgrade.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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