Yander
Veteran Member
- Joined
- Jul 9, 2022
- Messages
- 1,562
- Location
- Ohio
- Tractor
- Mine - Yanmar SA425 - Wife's LLC - Massey Ferguson 1750M - JD 3010, Kubota G6200 GT. All Diesel
Over the past year I have been spending a lot on equipment. New tractor, many new implements, also sold some implements and have made money on all of them. But that was last year and this is this year.
I am noticing used prices coming down to the point I see some ridiculous deals on slightly used stuff. I don't want to deplete my savings so I'm actually thinking of financing a used one. I know rates are garbage but I have a long term plan for my equipment which involves at least one of my sons helping me with it and would need a couple of tractors. If those plans do not work out I could easily sell one.
I'm reluctant to finance anything and I don't want to part with any more cash than I've already spent in the past year. Maybe I just stop looking at FB.
Thoughts?
I am noticing used prices coming down to the point I see some ridiculous deals on slightly used stuff. I don't want to deplete my savings so I'm actually thinking of financing a used one. I know rates are garbage but I have a long term plan for my equipment which involves at least one of my sons helping me with it and would need a couple of tractors. If those plans do not work out I could easily sell one.
I'm reluctant to finance anything and I don't want to part with any more cash than I've already spent in the past year. Maybe I just stop looking at FB.
Thoughts?