Cat_Driver
Elite Member
- Joined
- Jan 15, 2008
- Messages
- 2,517
- Location
- Coachella Ca.
- Tractor
- 2016 Kubota 4060, 2017 Tackeuchi excavator TB260
Hello, guys. Again looking to TBN for advice.
44 years old and own one tractor- a 50's Ford that's dedicated for bush hogging. Acreage I'm responsible for is a minimum of 6 acres, but being my Dad's only Son, possibly up to 160 acres of mixed hardwoods with food plots, log roads, and streams- we both inhabit the same land, so I feel I'm responsible for the upkeep now.
I know that a tractor will always be useful for this kind of property, but here's my situation: The one major project I'm looking at is clearing 40yr old growth from a 5 acre lake bed, to re-establish the lake. Tree size averages 8-10in, and is mostly Yellow poplar; not very dense. I will eventually do this through the hiring of an experienced professional to build the proper dam, grade, and soil work.
If I buy a Kubota M59/62, I can clear this acreage myself, but that leaves zero wiggle room for any other portion of the lake construction. However, if I spend the $30K to get the lake built back, then that money is gone, with nothing to show for it.. After the land clearing is done, not really sure if I'll need something as large as the M59/62??
I don't mind saving money, and don't necessarily have to make a decision NOW, but I feel a bit pressured as I'd love to get this lake built up as my Grandmother is still alive and can remember decades of swimming in that lake, and Dad sure would like to see it get built up as well...
You have $30K in your pocket- do you buy the tractor and save for the remainder of the project over years, or do you give it all to the construction company now?
You left out a few critical benefits to owning.
1) You are able to see the M59/62 after the job for nearly what you paid for it IF you get an amazing purchase deal or trade down for a small loss.
2) After the sale you can then purchase a tractor that you want much smaller.
3) If you do buy two tractors in one year you get to write them off up to 500K in the first year - providing you are a "business" and these are definitely business expenses.