RonL
Banned
- Joined
- Dec 22, 2001
- Messages
- 430
- Location
- Worcester, Massachusetts
- Tractor
- Caterpillar 416C IT, Caterpillar D3G, previously owned a Ford 1910
I suspect that construction equipment are like motor vehicles in that new equipment loses immediate value as soon as you "drive" it off the lot. I bought a new Caterpillar 416C IT . I got it at a reasonable price ( compared with a comparable Deere ) and financed it at 0%. I put a substantial down payment on it with the idea that if I had to sell it I would at least be able to sell it for what i owed on it. The machine has an integrated tool carrier on the loader, a quick-tach if you will. I am using it to do a number of small jobs on my rental property in the city. Later this year I will be moving it to my land in the mountains. I expect to put hundreds, if not thousands of hours on this machine building and maintaining my house in the mountains. I am somewhat compulsive about maintaining my equipment and expect to keep this machine for the rest of my life. This is a long winded way of segueing into my question. I expect to bring in a dozer when I start clearing my land. I'm considering looking at a D4 size dozer. I'm thinking of looking at a machine with 2 or 3 thousand hours on it. I do not want to get involved in doing heavy maintenance ( ie undercarriage ) if I can help it. I expect that if I had a dozer I would put a couple hundred hours on it. I suspect that if I bought a new dozer I would lose too much value to be worth it if I sold it after doing the work I need to do. I am, however, toying with the idea of hiring out after I take early retirement.
Any comments would be gretly appreciated.
RonL
Any comments would be gretly appreciated.
RonL