Larry_Van_Horn
Gold Member
- Joined
- Jul 15, 2003
- Messages
- 271
- Location
- Honeoye Falls, NY
- Tractor
- Case 580D Backhoe, NH TC40D SS, JD 450BC dozer, Ford F700 dump
I thought some might find the attached interesting. Based on comments made in a my related thread on prices of NH and JD being very close to one another, I thought I would try to get some sense on the cost of ownership / depreciation.
I am an economist by training, so I tend to get hung up on trying to put numbers to something. The numbers in the table came from Machinerylink. I welcome your interpretation as I have mine. At the end of the day, there are so many other things that affect the purchase decision (as has been been pointed out to me by the TBNers, and these numbers represent average values for good equipment (defined?).
Some observations based on the limited information (with all the caveats that should imply /forums/images/graemlins/wink.gif )
New Hollands tend to hold their value pretty well on a relative basis.
Enjoy,
Larry
I am an economist by training, so I tend to get hung up on trying to put numbers to something. The numbers in the table came from Machinerylink. I welcome your interpretation as I have mine. At the end of the day, there are so many other things that affect the purchase decision (as has been been pointed out to me by the TBNers, and these numbers represent average values for good equipment (defined?).
Some observations based on the limited information (with all the caveats that should imply /forums/images/graemlins/wink.gif )
New Hollands tend to hold their value pretty well on a relative basis.
Enjoy,
Larry