marks
Silver Member
Kudos, you've generated a tremendous amount of thought and insight on this topic, it seems that many of us have toyed with this idea. Such was my situation several years ago, I assessed the Bobcats and then the tracked machines - they just seemed so cool. However my pragmatic side came into play, what will meet my needs and how do the numbers crunch?
Our home's oak studded hillsides encompass seven acres, and a friend who owns and operates many pieces of heavy equipment, reviewed the situation and recommended a 30hp JD. The numbers also supported his suggestion. Considering the difference in purchase price and maintenance expenses, and then factoring in a rate of return for that difference over the expected life, and after adding the terminal value, it clearly made sense to buy the JD and rent/hire the other equipment as needed.
Hope this provides another perspective.
Our home's oak studded hillsides encompass seven acres, and a friend who owns and operates many pieces of heavy equipment, reviewed the situation and recommended a 30hp JD. The numbers also supported his suggestion. Considering the difference in purchase price and maintenance expenses, and then factoring in a rate of return for that difference over the expected life, and after adding the terminal value, it clearly made sense to buy the JD and rent/hire the other equipment as needed.
Hope this provides another perspective.