JOHNTHOMAS
Super Member
- Joined
- Apr 14, 2008
- Messages
- 7,717
- Location
- Somerset, Ky
- Tractor
- F2690 4WD RTV X1140 MX5400 HST ZD1211
I posted this in another thread but I think it needs it's own thread.
Being a ponderer I think I have come up with a new theory concerning tractor buying for a first time buyer that will make the decision easier and with less self doubt and self punishment when you realize you bought the wrong tractor.
Right up front tell yourself you are buying a test/evaluation tractor. It's prpbably not going to be the end decision/final tractor. Pick a tractor for the best possible price that will retain the most resale value. If you get cheaper out of town, buy out of town and buy your real final tractor in town if that makes you feel better.
Buy new so there won't be any costs other than the monthly payment and count that as the cost of determining the right tractor. Buy the tractor that best suits your current needs because if things change it won't cause distress because it's only a temporary tractor anyway. If things don't change then it could possibly move in to the actual life time tractor slot and could become a lucky unexpected break.
OK a pmnt of $200 a month for the test tractor with no money down. You work it for 12 months and get some benefit out of using it. That's a cost of $2400 for using a tractor for 12 months. If you can keep the hours down to below 200 hours for that time, service the tractor properly at the 50 hours and keep the tractor clean. Remember, your not keeping it and are going to resale it. That's actually only a cost of about $12 per hour used. That's actually fairly cheap, less than renting one I would imagine.
Now while your using it determine which jobs would be done much easier or faster with a larger, more HP or smaller tractor or if your test tractor does the job well enough to suit you. Also find out if your tractor always stays at one location or if you maybe need/want to move it around and then determine how easy/difficult it is to move with the trailer/truck/vehicle you have. Will it be as easy/easier/more difficult to move a bigger/smaller tractor (the final tractor).
Now after 12 months I believe you could maybe sell/trade the tractor in on the final tractor and only be out the monthly pmnt, maybe a little more or a little less. Keep it clean and serviced these suckers retain their value very well. Look at prices for used tractors.
Now if you ended up with a lucky guess and the first test tractor ends up "The One" you've been lucky and done well. If it doesn't, just like you planned from the beginning that it wouldn't, then you've been really smart and exactly what you planned has happened and you now can choose the right final tractor based on your actual needs and personal experience on your property.
Now, If this looks like a good plan, then try it. If you disagree then do it your own way and forget my plan.
:laughing:
This plan is also flexible enough that the test period can be different than just one year. Maybe two or three years until one is absolutley sure which tractor is the right permanent final tractor.
Course circumstances can change and even the permanent tractor can become a test tractor with no feelings of guilt or self condemnation.
.
Being a ponderer I think I have come up with a new theory concerning tractor buying for a first time buyer that will make the decision easier and with less self doubt and self punishment when you realize you bought the wrong tractor.
Right up front tell yourself you are buying a test/evaluation tractor. It's prpbably not going to be the end decision/final tractor. Pick a tractor for the best possible price that will retain the most resale value. If you get cheaper out of town, buy out of town and buy your real final tractor in town if that makes you feel better.
Buy new so there won't be any costs other than the monthly payment and count that as the cost of determining the right tractor. Buy the tractor that best suits your current needs because if things change it won't cause distress because it's only a temporary tractor anyway. If things don't change then it could possibly move in to the actual life time tractor slot and could become a lucky unexpected break.
OK a pmnt of $200 a month for the test tractor with no money down. You work it for 12 months and get some benefit out of using it. That's a cost of $2400 for using a tractor for 12 months. If you can keep the hours down to below 200 hours for that time, service the tractor properly at the 50 hours and keep the tractor clean. Remember, your not keeping it and are going to resale it. That's actually only a cost of about $12 per hour used. That's actually fairly cheap, less than renting one I would imagine.
Now while your using it determine which jobs would be done much easier or faster with a larger, more HP or smaller tractor or if your test tractor does the job well enough to suit you. Also find out if your tractor always stays at one location or if you maybe need/want to move it around and then determine how easy/difficult it is to move with the trailer/truck/vehicle you have. Will it be as easy/easier/more difficult to move a bigger/smaller tractor (the final tractor).
Now after 12 months I believe you could maybe sell/trade the tractor in on the final tractor and only be out the monthly pmnt, maybe a little more or a little less. Keep it clean and serviced these suckers retain their value very well. Look at prices for used tractors.
Now if you ended up with a lucky guess and the first test tractor ends up "The One" you've been lucky and done well. If it doesn't, just like you planned from the beginning that it wouldn't, then you've been really smart and exactly what you planned has happened and you now can choose the right final tractor based on your actual needs and personal experience on your property.
Now, If this looks like a good plan, then try it. If you disagree then do it your own way and forget my plan.
This plan is also flexible enough that the test period can be different than just one year. Maybe two or three years until one is absolutley sure which tractor is the right permanent final tractor.
Course circumstances can change and even the permanent tractor can become a test tractor with no feelings of guilt or self condemnation.