John M. I am not saying by brand new stuff. Just better stuff than a 60 year old tractor.
As for not buying better equipment. I have seen many more farmers LOSE money with junk equipment than fellow that buy a little better USABLE equipment. A delay working on a tractor when corn needs planted or hay needs bales COSTS money too.
A hay cutting rained on can cut the value of it in half. So that "loss" is a cost that just does not show.
As for me "affording" newer equipment. When I bought the last new tractor I have ,the JD 6400, the 5000 hour loader tractors where bringing $15-20K. I bought this one new for $30K. The 5000 less hours only cost me $2 per hour. That is just good business.
The first ten years I owned this tractor it was the only loader I had. I did not have a skid steer either. Livestock chores took 2-3 hours morning and night. While working full time a the dealership. I did not have the time to "fix" break downs.
I am an absolute maintenance fanatic. Break downs in daily use cost you time and money both. I can't waste the time. So I try to spend my money before I HAVE a break down.
So buy what you can afford money wise and time wise too. A fellow making good money but working 50 hour weeks does not need a money pit to come home to.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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