I don't know about farm equipment, but when it comes to construction equipment, most machines are considered 'houred out' before they are typically paid off. In other words, if a machine reaches 5 years, or 10,000 hours, the manufacturer says it's time to get a new one.
The bad thing about this is that around the 5000 hour mark, at least for CAT excavators, you can expect to spend around $5,000 to $15,000 to rebuild the main pump.
On top of that you have regular maintenance costs, as well as repair costs for breakdowns, and all of that topped off with the downtime, and lost profits caused by those breakdowns.
It doesn't take much for all that money spent just keeping a modern machine running to add up to far more than the claimed 'fuel savings' that are typically the reason claimed for the majority of the technology being used.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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