Woodbeef:
<font color="blue"> When ever I need holes dug,I just call the local tlb owner. He does them no muss no fuss. At $45 an hour it will be years before I get up to the value of a tlb. </font>
Agreed, IF you've got someone readily available, nearby who will work more or less when needed. Lot's of us don't. Also, as mentioned by others, it's cheaper to rent when needed for specific jobs. The advantage to "owning your own" is you can do a few hours work here and there, or of an evening, when you wouldn't have rented. Example, yesterday I took out a small tree (dead). It was only about 45'-50', but without the BH would have had to dig a much bigger hole to get stump out (with FEL), or used the scoop (reversed) and it would taken much longer. Having the BH speeded up the trunk removal and so allowed me to get everything out, 1/3 cord of wood and most of the brush cleaned up in one day. Without it, I would still be looking at a mess this morning. The small cut area is ready for reseeding. Would never have spent the money to rent for just the one stump. What is the economic value of that? Umm. $20??
So far, I figure I've "earned back" perhaps $3k in rentals saved, paid work I might have passed on. So I've "earned" 1/2 the cost of the hoe. Not a bad return in 18 months (sure better than a money market). Overall, the tractor has earned back around $4k-$5k which is around half the $9k depreciation hit to date.
JEH
PS Havn't seen many posts from you recently. Still posting on antique tractors?