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Re: Re: Re: Re: Re: $$$$$$$$$$$$$!!!!!!!!!!!!!!!!!
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Posted by G-MAN on August 22, 2002 at 13:13:31 from (206.106.139.74):
In Reply to: Re: Re: Re: Re: $$$$$$$$$$$$$!!!!!!!!!!!!!!!!! posted by gy3020 on August 22, 2002 at 12:21:20:
I certainly haven't been upset by any of the comments made. I was just trying to point out that inflation happens to every product. Look how much the price of a new car or pickup has risen in the last 40 years and I'm betting that you will find it pretty much mirrors how the price of tractors has gone up. And, there are certainly features on cars that a lot of people find copletely unnecessary, but still pay for. My point in the 4020 reference, and I believe that a 4020 would cost that much today, was that those tractors were largely built by hand. I'm assuming that the average worker in Waterloo today is probably making in the neighborhood of $20 per hour or even more, compared to maybe $5 or less in 1966, which was good money then. Tractors today are largely mass produced and are very quickly assembled. Think of what a new tractor would cost if it were assembled by hand at today's labor rates and overhead. $400,000? A lot of times it does make more sense to upgrade to new or at least newer equipment than to repair the old. I just put around $4,000 in a real rough old 4620 that is probably only worth around that, given it's condition. And that didn't even come close to fixing everything that was wrong with it. I can't fault the customer for deciding to do that, because it's his money, but he could have sold the tractor, saved on the repair bill, tossed in another $5000 or so and had a pretty decent 4440 out of the deal. To each their own. I have nothing against old iron, because I make a lot more money working on old stuff throughout the year than anything 5 years old or newer.
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