Unbelievable deal

[Rustyiron]

You're lucky!
Around here you'd be pushing a wheelbarrow load of rust around for the last 100,000 miles!

 

[tacticalturnip]

You're lucky!
Around here you'd be pushing a wheelbarrow load of rust around for the last 100,000 miles!

It's so bad. I'm hoping that this aluminum Ford I've got now might do better than my old GM's ever did.

 

[jyoutz]

You're lucky!
Around here you'd be pushing a wheelbarrow load of rust around for the last 100,000 miles!

Then you folks probably don’t worry about residual value either and assume it’s junk when you’re done. Depreciation is most relevant when you sell or trade when the equipment or vehicle still has a fair amount of usable life.

 

[Tinhack]

It's so bad. I'm hoping that this aluminum Ford I've got now might do better than my old GM's ever did.

Aluminum makes white rust instead of red. But aluminum is somewhat self-protecting as long as there's nothing removing the protection.

 

[RayIN]

I tend to think along those lines at times but I'm naturally adverse to loans and like to sleep at night so I let those thoughts pass. Money pulled from the market even as late as early March this year to score a large cash discount on a tractor would be having ones cake and eating it too about right now...

I did that late last year, withdrew $20K and bought a new tractor. Even today I'm down just $10K; and the stock market is improving daily.
A market correction was long overdue, this was it.

 

[Midniteoyl]

To get the best finance options, you need to buy new... Which introduces larger losses from depreciation. That's a cost too.

Why I tend to buy things like trucks and cars used, usually a year old, and other things I plan to keep, like tractors and tools, new. Appliances, home electronics, and other stuff like that is 'open box'/floor demo/scratch-n-dent/etc..

 

[tacticalturnip]

Aluminum makes white rust instead of red. But aluminum is somewhat self-protecting as long as there's nothing removing the protection.

As long as it keeps passing state inspection.