|
Tractor Talk Discussion Board |
tractor value formula
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by mikeinWA on May 16, 2005 at 11:30:24 from (207.118.9.116):
Years ago an old logger presented me with a formula to gauge wether or not you got your monies worth out of a used vehicle. He figured it at 10 cents per mile add repair costs. For example: my old pickup
paid-1700.00
brakes etc over the years-1000
heads-300
maint-1500
total=$4500.00
mileage to break even=45,000 Has anyone developed a similar formula to rough out the value of tractors? I farm for a living. Granted it is a small farm by comparison, but I cannot always afford to be attached personally to a piece of equipment. In other situations there exist helpful formulas for making good business decisions. Any number crunchers or brainy farmers willing to take a crack at developing something? I would think something like:
(Hp x hrs x X)+ repair&maint = value
Where X is a reasonable value of Hp/hrs
Follow Ups:
Home
| Forums
Today's Featured Article -
Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
