4x4 parts needed or drive without front powered G244/G194

[hcforde]

There is certainly an argument for both cases. I would say in general a spare parts tractor is the way to go in terms of value because good deals are out there even if they are hard to find. I have been collecting "parts" tractors for a while and for some reason I end up turning them into regular running tractors eventually. Tractors tend to age gracefully and are relatively easy to repair most of the time. Even though a parts tractor should bring more monetary value, it bothers me to tear down something that could be made to work as designed again. I would much rather sell a working tractor than one for parts, but I'm not a finance guy I guess and so far I haven't sold any whole tractors either. Most of the time the tractor is worth more to me than what I think I could get for it anyway since I don't really understand why a perfectly operating old tractor is only worth 10-15% of a new one. Let me get this straight, I could have 7 older tractors that all work fine or 1 new one? Hmmm. Or how about 1 older one and put the other $18,000 in Amazon stock so it will go up 10x in the next 10 years*. Hmmmm... Or take $21,000 and buy Amazon stock and forget about the tractors altogether. Life presents a lot of interesting dilemmas :banghead:

*Past performance is no indication of future performance

Well, I got the G244 with FEL and the G194 for $4500 including a dirt scoop, shredder and box blade. The only difference between the 2 is the engine displacement. I got a real good deal on the whole set in my opinion. But if worst comes to worst I will always have 1 working tractor. But if I find a parts tractor at a reasonable price I will buy it. I may never have to use parts from it but thats OK.....I may end up with 3 working tractors and then be on the look-out for another parts tractor, LOL!!!

Amazon doesn't interest me. I am a foreign currency trader. Much better returns.

 

[Ilikeurtractor]

...Amazon doesn't interest me. I am a foreign currency trader. Much better returns.

Interesting. So let's run some numbers to how much these tractors are potentially worth down the road. If we assume foreign currency returns 11x over 10 years (probably much higher in reality according to the above statement) then the $4500 for the tractors equates to a value of about $50,000 in ten years. Of course you'd need to take off capital gains tax leaving you with about $40k to pocket in the end. Makes for a hard decision on the purchase for sure. But they're tractors so they are worth every penny!

 

[hcforde]

Interesting. So let's run some numbers to how much these tractors are potentially worth down the road. If we assume foreign currency returns 11x over 10 years (probably much higher in reality according to the above statement) then the $4500 for the tractors equates to a value of about $50,000 in ten years. Of course you'd need to take off capital gains tax leaving you with about $40k to pocket in the end. Makes for a hard decision on the purchase for sure. But they're tractors so they are worth every penny!

You are assuming averages. when I was trading I was way above average. I created my own algorithms for my style of trading and when I was in the market I was a day trader(scalper). It is my nature to watch fractions of a currency because of leverage I was able to trade with. I am very much aware of the value of money and other resources over time. I finished my MBA from the University of Texas in 1991 and was offered a Phd (free ride with stipend) from three different departments without asking or applying.

I choose to spend money wisely, give wisely and generously and not get caught up in in the trap of immediate gratification. My most current vehicle is a 2004 Sequoia. I have 3 Fiero's 1988, 1986, 1985. In trucks I have a 1985 F350 Flatbet and a 1987 F250 4x4. I simply do not wish to spend money foolishly so your analysis may be good for the average person but I am far from your average person in my outlook on life. My oldest daughter just turned 27 and has well over 50,000 in her bank account alone. So I think I have passed on the knowledge and the value of saving rather than living for the moment.

 

[Kernopelli]

I choose to spend money wisely, give wisely and generously and not get caught up in in the trap of immediate gratification. My most current vehicle is a 2004 Sequoia. I have 3 Fiero's 1988, 1986, 1985. In trucks I have a 1985 F350 Flatbet and a 1987 F250 4x4. I simply do not wish to spend money foolishly so your analysis may be good for the average person but I am far from your average person in my outlook on life. My oldest daughter just turned 27 and has well over 50,000 in her bank account alone. So I think I have passed on the knowledge and the value of saving rather than living for the moment.

I must give a big AMEN Brother to the above statements! I too live my life with the same outlook and convictions as you and have tried to instill the same beliefs and convictions in my children as well. When we come to the realization that everything isn't about us, dedicate ourselves to being good stewards and commit ourselves to a life of servitude the resulting level of peace, freedom and blessings you receive is nothing short of overwhelming!

 

[hcforde]

I must give a big AMEN Brother to the above statements! I too live my life with the same outlook and convictions as you and have tried to instill the same beliefs and convictions in my children as well. When we come to the realization that everything isn't about us, dedicate ourselves to being good stewards and commit ourselves to a life of servitude the resulting level of peace, freedom and blessings you receive is nothing short of overwhelming!

Thanks. being debt free means no one owns you. Being faithful over a few things does make you ruler over many things and one of those things is peace of mind.

 

[Ilikeurtractor]

Definitely good outlooks and perspectives! Certainly there is more to life than money. I got side-tracked on the $650 for the front axle parts and it threw me for a spin