LostMy65
Bronze Member
If I buy a new $20,000 tractor and some major issue comes up in my life and I have to sell it. What roughly would be my loss in 2 years?
.
Ok, so now, instead I rent a tractor every time I need one. I could seriously see myself wanting/needing a tractor to use at least once a month.
$300 to rent at 12 times a year for 2 years = $7200. (maybe I only need one once every 2 months. That's still $3600 lost by renting).
.
Yes, I'm trying to rationalize/justify, but I can't see how renting makes sense over buying, even if I have to sell my new tractor in 2 years.
.
Correct my thinking...
.
Ok, so now, instead I rent a tractor every time I need one. I could seriously see myself wanting/needing a tractor to use at least once a month.
$300 to rent at 12 times a year for 2 years = $7200. (maybe I only need one once every 2 months. That's still $3600 lost by renting).
.
Yes, I'm trying to rationalize/justify, but I can't see how renting makes sense over buying, even if I have to sell my new tractor in 2 years.
.
Correct my thinking...