25,000-30,000€ budget what tractor ???

bk1991

hi
25 -30 k budget for tractor must be in or around 140-150 hp what makes models and what would you call too high of hours ? going to be used for hire work ,


bk1991

mossfort

deutz agrotron 150 . a good german built tractor.

corkcomp

MF 6290

GERMAN ROCKS

massey 6290

fig mclough

jd 6910, 6820,

nh tm 140, 150

bk1991

in terms of hours what would you call high ? or is it a case of how well the tractor is serviced looked after ? is there much difference in buying uk,ni compared to local dealer in ireland ???


bk1991

nilhg

bk1991 wrote: »

in terms of hours what would you call high ? or is it a case of how well the tractor is serviced looked after ? is there much difference in buying uk,ni compared to local dealer in ireland ???


bk1991

It depends, you might buy it cheaper abroad but if something goes wrong then you're on your own, not a great place to be if you are trying to build a hire business. If you buy off a dealer, you'll have some sort of a guarantee and would probably get a loan tractor if needed. That means that your choice of make will be dictated to some extent by your local dealers.

I'd add a Claas/Renault 696 to the list of models to consider.

bk1991

nilhg wrote: »

It depends, you might buy it cheaper abroad but if something goes wrong then you're on your own, not a great place to be if you are trying to build a hire business. If you buy off a dealer, you'll have some sort of a guarantee and would probably get a loan tractor if needed. That means that your choice of make will be dictated to some extent by your local dealers.

I'd add a Claas/Renault 696 to the list of models to consider.

well i am in westmeath so theres flynns mf and fendt ,johnstons in longford john deere ,rf colton tullamore case ih ,

Colmm23

BK1991,

If your looking to start a hire oufit you will need good service and backup from your dealer, therefore you may look at Flynns or WR Shaw(New Holland). I would avoid coltons to be honest because they are not selling enough large tractors to offer the support you need, plus their expensive. Johnstons would be pretty good too but would be mainly selling farmers tractors too. TFM would be putting a good JDs into westmeath too or lyons and burton if your in the north of the county.

bk1991

Colmm23 wrote: »

BK1991,

If your looking to start a hire oufit you will need good service and backup from your dealer, therefore you may look at Flynns or WR Shaw(New Holland). I would avoid coltons to be honest because they are not selling enough large tractors to offer the support you need, plus their expensive. Johnstons would be pretty good too but would be mainly selling farmers tractors too. TFM would be putting a good JDs into westmeath too or lyons and burton if your in the north of the county.

coltons and johnstons are over priced on second hand machinery .lyons and burton sell a gud few tractors down this way there sales guy from mullingar ,

wallycool

Ganley Craig have some good deals in there auctions , the thing is to pick up a good machine ...

mossfort

wallycool wrote: »

Ganley Craig have some good deals in there auctions , the thing is to pick up a good machine ...

i wouldnt buy a repossesed tractor and thats mostly whats at these auctions.

Micksheenb

mossfort wrote: »

i wouldnt buy a repossesed tractor and thats mostly whats at these auctions.

I'd agree there, i used work at an auctions, one tractor there had several important wires unplugged in hard to find locations, rendering the tractor immobile, great fun..

I have to say i'm fond of the valtra range of tractors, the older 8x50 are well built, i've driven examples with 15,000+ hours, thay have great torquey engines. Brakes are not a strong point, if your planning to do a lot of haulage work, make sure the trailers brakes are in good working order too. approaching 10k hours or earlier, the powershifts may have to be re-built, a fairly involved job, but nothing serious.

vincenzolorenzo

wallycool wrote: »

Ganley Craig have some good deals in there auctions , the thing is to pick up a good machine ...

Don't buy a repo tractor. As Colmm23 said if you're lookin to go on hire with the tractor, dealer backup is crucial. Cheap auction tractors might seem like a grand handy way to get started but dealer backup is crucial. If you can get a JD6910 in the price range you won't go too far wrong. Great machine

MrFoxman360

Loyns and Burton always have a few JD 6910's for sale. 6910 is one of the all time greats from John Deere, pretty much bomb proof, big enough for all jobs, reliable and simple enough to fix. They do command a slight premimum over other models, but they are worth it, wont loose much value either. Should pick up one on your budget.

Loyns and Burton are a good dealership to deal with, but as with anywhere there will always people that will tell you otherwise, never had a problem with them yet though and I think the service is quite good.

I'd always like a tractor with less than 9000 hrs, but it doesn't really matter, an inspection to see how well it has been maintained is much more valuable, than looking at numbers on a clock... thats if they are genuine, which they often aren't! A quality product that has been well maintained will rarely turn out to be a bad buy.

Buying private will save you money, and I wouldn't rule it out, but you do need to know what you are doing cos you have no come back.

John deere 6920

john deere 6920 u wud easily get one for 25-30000 euro...

irish_bob

mossfort wrote: »

i wouldnt buy a repossesed tractor and thats mostly whats at these auctions.

may i ask why

mossfort

irish_bob wrote: »

may i ask why

because most of these tractors are taken from people who run into financial trouble and buying them is taking advantage of others misfortune.
a lot of them will have been tampered with in some way by previous owners who are not happy at losing them.
i dont like the tactics the banks and finance companies use in repossesing them.

kfk

mossfort wrote: »

because most of these tractors are taken from people who run into financial trouble and buying them is taking advantage of others misfortune.
a lot of them will have been tampered with in some way by previous owners who are not happy at losing them.
i dont like the tactics the banks and finance companies use in repossesing them.

Think I would be more concerned with your second point, tampering. Dont really see how buying something repossessed is taking advantage of anyones misfortune.

irish_bob

mossfort wrote: »

because most of these tractors are taken from people who run into financial trouble and buying them is taking advantage of others misfortune.
a lot of them will have been tampered with in some way by previous owners who are not happy at losing them.
i dont like the tactics the banks and finance companies use in repossesing them.

never understood this mentality , if one were to take it a few steps further , some farmers would not be happy to accept thier single payment as the whole culture of subsidies to european farmers is to the detriment of farmers in the developing world , personally speaking , i wouldnt thing twice about buying anything repossesed as long i had no role in the previous owners poor fortune

mossfort

irish_bob wrote: »

never understood this mentality , if one were to take it a few steps further , some farmers would not be happy to accept thier single payment as the whole culture of subsidies to european farmers is to the detriment of farmers in the developing world , personally speaking , i wouldnt thing twice about buying anything repossesed as long i had no role in the previous owners poor fortune

so if you were making repayments on machinery and you you ran into difficulty due to unforseen circumstances ,bad health etc and it was reposessed how would you feel knowing that after it has been sold well below value at auction you still owe the rest of the outstanding money.
do you realise the ways some of these banks deal with the borrowers in situations like this.
there are plenty of tractors for sale around the country without trying to get one of these auction tractors.

irish_bob

mossfort wrote: »

so if you were making repayments on machinery and you you ran into difficulty due to unforseen circumstances ,bad health etc and it was reposessed how would you feel knowing that after it has been sold well below value at auction you still owe the rest of the outstanding money.
do you realise the ways some of these banks deal with the borrowers in situations like this.
there are plenty of tractors for sale around the country without trying to get one of these auction tractors.

im a capatilist , house prices have almost halved in the past two years , should i not now buy a house , houese prices have dropped significantley because someone or rather a lot of people or the economic system itself is a lot less financially healthy than it used to be , thier will always be people who for various reasons find themselves in a weak possition financially , part and parcial of capitalism itself , i myself like a fool bought a property in eastern europe in 2005 , within a year , it became obvious to me that foreign property was a huge bubble and i immedietley began trying to resell my property , eventually i sold it in the early part of 2009 , between what i spent furnishing and improoving the property , i ended up loosing tens of thousands on the joint but i knew it was a dud in a dud city so i was relieved to get out , i didnt in any way feel agrieved towards the new owners , the opposite in fact , as for the banks , they adhere to the terms of the loan , i dont blame them

pakalasa

mossfort wrote: »

....and buying them is taking advantage of others misfortune.....

This is a real Irish attitude, surely the guy in financial trouble would be glad to get as high a price as possible. The less bad debt then he has to pay to the bank.
A lot of this repo stuff is been bought outside the country. I see Irish reg'd tractors for sale on foreign websites.

We're not goign to be building 100,000 houses per annum anymore so the quicker these contractors face reality the better. Better to get out now and face yer losses.

True story - I was looking at a car recently. It was for sale at well below market value so I got a friend to check it out. Turns out the previous owners were drug dealers.....Life is too short.

goondakid

my buget is the same as this form... iv been lookin at alot of john deeres 6920 and 6920s but i dont know much about them or wot to look out 4 can anyone help me please

8k2q1gfcz9s5d4

i used to work with board na mona, spent lots of hours on NH TM140s and 8360s. very nice machines, the 8360 has a bit more pto power than the 140. The back end in both does heat up a lot though.

Bitten & Hisses

nilhg wrote: »

I'd add a Claas/Renault 696 to the list of models to consider.

I'd second that. You'd get one in the Claas colours around '05 within your budget and you'd still have a JD engine. The JD 6910 should also be on your list.

goondakid

Moshe Tasty Camper wrote: »

i used to work with board na mona, spent lots of hours on NH TM140s and 8360s. very nice machines, the 8360 has a bit more pto power than the 140. The back end in both does heat up a lot though.

ya we had one of them tm150 it was a grand tractor in fairness. there makin good money tho the newer ones there holdin the same money as the john deere nearly.

cj plant agri

mossfort wrote: »

i wouldnt buy a repossesed tractor and thats mostly whats at these auctions.

i strongly agree with you, the protest held at the last auction is only the start of a major campaign by pac ireland and the ifa.

these guys that are gripping machinery are wrong and the latest stories in the farmers journal prove this and prove that the banks and their representatives are wrong in the way they do business. there is no need to beat up someone who falls into arrears on a machine.

and following an investegation by a number of contractors in the general leinster area ,the grippers "baliffs" are using the repossessed machinery for their own use in between auctions, which is totally unacceptable , this was proven when a contract they were undertaking was shut down by meath co co because the grippers didnt have a waste permit for the repossessed lorries they were using to haul the muck off the contract.

i know there will be mixed views on the topic but they simply have to be stopped. criminals shouldnt be allowed to work as representatives of banks gripping machinery.

maidhcII

cj plant agri wrote: »

these guys that are gripping machinery are wrong and the latest stories in the farmers journal prove this and prove that the banks and their representatives are wrong in the way they do business. there is no need to beat up someone who falls into arrears on a machine.

I believe there are some people employing some unsavoury tactics when it comes to debt collection, but some contractors in particular seem to feel their machinery should not be reposessed, full stop.

cj plant agri

maidhcII wrote: »

I believe there are some people employing some unsavoury tactics when it comes to debt collection, but some contractors in particular seem to feel their machinery should not be reposessed, full stop.

i myself am a strong beliver of this, you see our work is seasonal, ok thats one fact.

we normally budget our payments round our work, second fact, but this is where it gets interesting, the farmer the back bone of ireland (food producers) havent got the money to pay us as quickly for cutting silage or cleaning drains or cutting hedges or speading slurry. so you see our cash flow is tight. we pay our drivers and running bills and ask the bank for a payment holiday after explaining the situation, and the bank point blank refuses and sends in these criminals to our yards at god knows what time in the morning to steal our machinery, is probably the best way of putting it. and the machine that is almost paid for is the one they go for first.

from this you can see our angryness, now i myself am longstanding and am not stretched to my limits financially. however there are others who are, i have no sympathy for the fly by night who boasts about all the new machinery he/she just bought they were going to fall anyway, but the long term men who have young families to bring up.

some of the biggest builders in the country were saved by ff , but the people who produce the food have no nama, and all we get in return for our hard work is a beating from some huddy from dublin who thinks he is a hard man when he tells you he is taking your machine and if you dont want to give it he will get the uvf after you.

i said before this is only getting juicy, apart from all the stolen goods that the gardai found on site for sale at the last auction. these rouge baliffs really are fit for anything

Indubitable

I wouldn't have a problem with buying anything repossessed.

The person shouldn't have borrowed more than they could afford in the first place. That being said, many banks are asking for more money in an extremely short time period which isn't right either.

WanaBeVet

John deere 6920 wrote: »

john deere 6920 u wud easily get one for 25-30000 euro...

Any chance of gettin a loader on 1 of them ?????

i dont no much bout tractors

pajero12

WanaBeVet wrote: »

Any chance of gettin a loader on 1 of them ?????

i dont no much bout tractors

Do you mean Get one for that money or Can a loader be put on them.....Generally you dont see many tractors that big with loaders!

WanaBeVet

but it is possible yes ......???

nd would it be hard or expesive to do so ....?

i can see wat ur say bout not seein many tat big wit loaders .... they mostly used for towing and stuff , yeah >>>?

cj plant agri

kingofthe3rdyrs wrote: »

I wouldn't have a problem with buying anything repossessed.

The person shouldn't have borrowed more than they could afford in the first place. That being said, many banks are asking for more money in an extremely short time period which isn't right either.

yes what you are talking about is fly by nights, the con men and youths who go in and do the work for half the price and go bust half way trough. they deserve no better than to meet the repo men.

but you can be rest assured that if you bought a repo tractor that belonged to me or any other ligit contractor who had fallen on a short term financial difficulty, you wouldnt be walking out of that auction house on your own legs, it would probably be on a trolly. and thats not a direct threat.

it is criminal to support drug dealers, therefore it is criminal to support the criminals that run these auctions and repo machinery round the country, its the same difference, these people beat up innocent people, rob their assets , and try to sell STOLEN goods in their corrupt auction, one fine example was the jd6900 in the last auction on a false english reg, with NO PAPERWORK AVAILABLE. do you still think its safe to buy this gear from these people?

dar31

quote
but you can be rest assured that if you bought a repo tractor that belonged to me or any other ligit contractor who had fallen on a short term financial difficulty, you wouldnt be walking out of that auction house on your own legs, it would probably be on a trolly. and thats not a direct threat.

your not doing your cause much good, making your self sound as bad as the grabbers imo

cj plant agri

dar31 wrote: »

quote
but you can be rest assured that if you bought a repo tractor that belonged to me or any other ligit contractor who had fallen on a short term financial difficulty, you wouldnt be walking out of that auction house on your own legs, it would probably be on a trolly. and thats not a direct threat.

your not doing your cause much good, making your self sound as bad as the grabbers imo

i see your point and on reading your post i agree with you, i havent meant any direct offence to anyone, im just very annoyed about the whole situation, and to have someone telling the nation its ok to buy a repo tractor it makes my blood boil.

if only people knew the truth about these auctions and these collections officials in the banks they would really get sick at the taught of buying a repo machine

vincenzolorenzo

WanaBeVet wrote: »

Any chance of gettin a loader on 1 of them ?????

i dont no much bout tractors

yeah i'm sure you could get a loader for a 6920 alright but it probably wouldn't be your best option. If its yard work you want it for a 6920 will be too big and cumbersome. Plus you'd need a strong heavy loader to take a 6920's power. If you want a high performance loader you'd be better off going for a teleporter. If you're looking for a general all round tractor for loader work and towing etc then a 4 cylinder job would probably be better. Depends what you want it for really

pajero12

WanaBeVet wrote: »

but it is possible yes ......???

nd would it be hard or expesive to do so ....?

i can see wat ur say bout not seein many tat big wit loaders .... they mostly used for towing and stuff , yeah >>>?

Yes it is possible..and i think youd be looking at about an extra 10k for a new loader(correct me if im wrong)....

Yep slurry,silage,ploughing,pulling diggers etc

tabby aspreme

Good to see the PAC getting involved to lend support to the contractors in money trouble, for if your on your own they would trample on you , saying that i think all borrowed money should be repayed.
I wonder what level of management in the banks are hireing the heavies to do the dirty work , if they are working on behalf of a bank are the bank not responsible for any assault or injury they cause ?

cj plant agri

tabby aspreme wrote: »

Good to see the PAC getting involved to lend support to the contractors in money trouble, for if your on your own they would trample on you , saying that i think all borrowed money should be repayed.
I wonder what level of management in the banks are hireing the heavies to do the dirty work , if they are working on behalf of a bank are the bank not responsible for any assault or injury they cause ?

yip they are representatives of the banks alright, and the banks are now open to alot of embaresment now that their role player has been found and charged with possession of stolen property, including one jd6900, and many more items in the yard that had NO PAPERWORK AVAILABLE ,great work by the gardai.
the collections officials and their managers are responsible for hireing these goons ,but no matter how bad an account falls into arrears ,there is a compliance officer there for a reason to deal with it. thats their job, not the job of a bunch of half wits from the city and a solicitor under instructions from a collections official on commission.

the compliance dept in any bank is there for a reason and if they were listened to in the boom years we wouldnt have a recession. alot of people dont seem to know about the compliance dept, but it could be the saviour of all contractors and homeowners.

at the minute the irish banks are at sea, they dont know what they are doing, but the non irish banks are really pushing the heaveys ,one collections official from a bank/insurance company was recorded telling a heavy to grab whatever he could from one mans yard in co meath. wheather its financed or not. now in my eyes and the eyes of the law that is a banker instructing a representative of a bank to steal assets belonging to a 3rd party which is fraud and theft.

another man was threatned with the uvf if he didnt surrender all of his machinery even tough the majority of ot was finance free.

Username John

cj plant agri wrote: »

yes what you are talking about is fly by nights, the con men and youths who go in and do the work for half the price and go bust half way trough. they deserve no better than to meet the repo men.

So you have no problem in principle with items being repossessed, from certain people...

cj plant agri wrote: »

but you can be rest assured that if you bought a repo tractor that belonged to me or any other ligit contractor who had fallen on a short term financial difficulty, you wouldnt be walking out of that auction house on your own legs, it would probably be on a trolly. and thats not a direct threat.

So - if I went to an auction (which you have already said, you have no issue with) and bought a machine which was yours - then you would break my legs?
What kinda talk is that?

The banks arent there either to just dole out money, and when people dont pay it back do nothing about it. There needs to be a certain level of reposessions I think.

The big issue here seems to be the way banks are handling it. Can I ask - if the banks just sent in lads, saying "that exact machine there has fallen behind on repayments, its being repossessed, you know this, you've gotten the letters, we'll take it away now" - would this solve all the issues?
As in - auctions would be now be 100% ligit AND contractors would just give the keys, no bother...
Would this happen? I dont believe it would...

Look - I agree with you that the banks are getting dodgy people to act for them, and can be too quick to call in some debts. But you coming on here, with your "hard man" talk is sickening...

While I am not in favour of the banks practices or methods, I now have lost any sympathy for contractors, based on this encounter with you....

38man

well these days ya could buy a tractor say with less then 5000 hours on it for 25thou
as for dealers dont worry about em they wont refuse money if u have a problm
if you want a bargain try either contractors farmers selling direct farmads.ie or farmersjournal
you may have to look at a few but only deal with the user u could save ureself 10000 easily go for a tractor with low hours
eg newholland 110/90 sold for 15000 with 3600 hours on it still origional tyres
im a contractar farmer this yrs great bargains out there if u hunt for em

mossfort

at the moment there is no shortage of used tractors and machinery for sale in dealers yards so theres good value to be got.
a lot of the contractors that are having their machinery reposessed are having cash flow problems because of delays in getting payment because farmers are waiting for reps cheques etc. if the banks were a bit more lineant with these people and allowed them to reschedule their payments without incurring ridicolously high interest charges in doing so.
as i said before i wouldnt touch reposessed machinery as its not being sold at fair price for the borrowers leaving them to pay the remainder owed and the more people who buy at these auctions the more it will encourage the banks to reposess machinery.

cj plant agri

Username John wrote: »

So you have no problem in principle with items being repossessed, from certain people...



So - if I went to an auction (which you have already said, you have no issue with) and bought a machine which was yours - then you would break my legs?
What kinda talk is that?

The banks arent there either to just dole out money, and when people dont pay it back do nothing about it. There needs to be a certain level of reposessions I think.

The big issue here seems to be the way banks are handling it. Can I ask - if the banks just sent in lads, saying "that exact machine there has fallen behind on repayments, its being repossessed, you know this, you've gotten the letters, we'll take it away now" - would this solve all the issues?
As in - auctions would be now be 100% ligit AND contractors would just give the keys, no bother...
Would this happen? I dont believe it would...

Look - I agree with you that the banks are getting dodgy people to act for them, and can be too quick to call in some debts. But you coming on here, with your "hard man" talk is sickening...

While I am not in favour of the banks practices or methods, I now have lost any sympathy for contractors, based on this encounter with you....

now all your doing is sh1te talking as if you know what your on about. do you even know what a compliance dept is?
are you aware that a collections official in a bank does not have the right to order a repo man to repossess anything, this is a venture that is agreed jointly between the agreement holders, not an individual. and if work is seasonal, ie hedgecutting, silage and slurry, then the bank under certain acts and legeslation in the finance amendments have no other choice but restructure your payments ,to an affordable term, even if its only to be a grand a year.
i have been there and done all of this ,my business was on its knees ,and i saved it, and i got a good few idiots removed from their positions in the banks i was dealing with in the mean time.
i can also tell you that when a machine is (stolen) repossessed, and brought to this "auction" it is normally sold to the auctioneers "friends" who stand in the crowd and bid on the auctioneers behalf, then this machine that was sold for a rediculas price appears again in the same auction 2 months later for sale again. but the poor contractor/haulier/farmer who is already at a loss ,gets a hefty bill from the bank in the post for god knows how much, one fine example was the bill i got for €40,000 , when i only had €65,000 outstanding on the machine and it sold in auction for an alleged €98,000 plus vat and 5%fees, this made my blood boil, and thats when i attacked the banks ,and to date i have been very successful in sorting out the problems they caused for me.
mabs is another great concern, but dont bother with the telephone advise from them its a dose of sh1te, go and make an appointment with them the things they have the power to do is unbelievable.

irishh_bob

cj plant agri wrote: »

now all your doing is sh1te talking as if you know what your on about. do you even know what a compliance dept is?
are you aware that a collections official in a bank does not have the right to order a repo man to repossess anything, this is a venture that is agreed jointly between the agreement holders, not an individual. and if work is seasonal, ie hedgecutting, silage and slurry, then the bank under certain acts and legeslation in the finance amendments have no other choice but restructure your payments ,to an affordable term, even if its only to be a grand a year.
i have been there and done all of this ,my business was on its knees ,and i saved it, and i got a good few idiots removed from their positions in the banks i was dealing with in the mean time.
i can also tell you that when a machine is (stolen) repossessed, and brought to this "auction" it is normally sold to the auctioneers "friends" who stand in the crowd and bid on the auctioneers behalf, then this machine that was sold for a rediculas price appears again in the same auction 2 months later for sale again. but the poor contractor/haulier/farmer who is already at a loss ,gets a hefty bill from the bank in the post for god knows how much, one fine example was the bill i got for €40,000 , when i only had €65,000 outstanding on the machine and it sold in auction for an alleged €98,000 plus vat and 5%fees, this made my blood boil, and thats when i attacked the banks ,and to date i have been very successful in sorting out the problems they caused for me.
mabs is another great concern, but dont bother with the telephone advise from them its a dose of sh1te, go and make an appointment with them the things they have the power to do is unbelievable.

just a small piece of advice , your obviously quite new to boards and clearly unaware that personal abuse and agressive language is not tollerated , thier doesnt seem to be a moderator on this section but i can assure you , were you to use this tone on other forums , you would be faced with a minimum week long ban and possibley much longer

cj plant agri

irishh_bob wrote: »

just a small piece of advice , your obviously quite new to boards and clearly unaware that personal abuse and agressive language is not tollerated , thier doesnt seem to be a moderator on this section but i can assure you , were you to use this tone on other forums , you would be faced with a minimum week long ban and possibley much longer

are you trying to be smart with me, that guy made little of me and i set him straight, what is this gang up on the guy that states the truth.

if you or the other guy dont like my speak ,then keep out of the conversations im in then OK

I DIDNT ASK EITHER OF YOU TO JOIN IN THEM DID I.

you have a cheek you really do

pakalasa

Cj Plant Agri,

You sound very like another User that appeared over on the "Diggers And Plant" also ranting on about repossesions. Would I be right in saying that you are one and the same guy. If I'm right, then you also had a photo on a recent national publication (which I wont name).
Always amazes me that people think they are totally anonymous when they go on these chat sites. Every message left here can be traced back to it's IP adress, i.e. your computer, so I'd lay off on the physical threats if I were you...... and grow up a little.;)

cj plant agri

pakalasa wrote: »

Cj Plant Agri,

You sound very like another User that appeared over on the "Diggers And Plant" also ranting on about repossesions. Would I be right in saying that you are one and the same guy. If I'm right, then you also had a photo on a recent national publication (which I wont name).
Always amazes me that people think they are totally anonymous when they go on these chat sites. Every message left here can be traced back to it's IP adress, i.e. your computer, so I'd lay off on the physical treats if I were you...... and grow up a little.;)

your accusing me in the wrong palaska.

im a humble contractor who fell on hard times and then i hit the brakes on a few jerks who wanted to bring me down, but instead my intelligence outsmarted them and now they are unemployed, and im still standing ,and i will be for a long long time, and so will my son.

i also havent made any direct phtisical threats to anyone, i corrected a few errors made by others, OK

Username John

cj plant agri wrote: »

now all your doing is sh1te talking as if you know what your on about.

Did I hit a nerve maybe?

cj plant agri wrote: »

do you even know what a compliance dept is?

Nope - I wasnt one of the ones that went to the banks, borrowed a load o cash, and now cant pay it bank and expect the banks to tide me over...

cj plant agri wrote: »

are you aware that a collections official in a bank does not have the right to order a repo man to repossess anything, this is a venture that is agreed jointly between the agreement holders, not an individual. and if work is seasonal, ie hedgecutting, silage and slurry, then the bank under certain acts and legeslation in the finance amendments have no other choice but restructure your payments ,to an affordable term, even if its only to be a grand a year.

So contractors can borrow any amount money - not pay it back, go to the bank and the bank has to agree to that it can be paid back at a pittance (grand a year)? While I accept that its in everyones best interests to restructure if things are going bad - you cant be telling me that a contractor can say to the banks that they'll only get a grand a year, and the banks have to accept it...
What about if there is no hope that the contractor will repay the debt. They just borrowed too much, and left themselves exposed - what happens.... ?

cj plant agri wrote: »

i have been there and done all of this ,my business was on its knees ,and i sat ved it, and i got a good few idiots removed from their positions in the banks i was dealing with in the mean time.

Good for you.

cj plant agri wrote: »

are you trying to be smart with me, that guy made little of me and i set him straight, what is this gang up on the guy that states the truth.

My intention was not to belittle you - but to disagree with your actions and views.

cj plant agri wrote: »

if you or the other guy dont like my speak ,then keep out of the conversations im in then OK

I DIDNT ASK EITHER OF YOU TO JOIN IN THEM DID I.

Hmmm - this conversation started about a lad asking what tractor he could get for 25-30k... not a repossessions related thread. Secondly, the idea ofa forum, isnt that once you join a chat, its then your chat and all others need to be invited....

Again - I dont favour the banks, but I dont want them to bankroll any business that cant repay its debts....

Look - you can shout away about the injustice of it all. And while it might be totally 100% wrong, you haven't won your cause any support in this forum I think.

kfk

cj plant agri wrote: »

from this you can see our angryness, now i myself am longstanding and am not stretched to my limits financially. however there are others who are, i have no sympathy for the fly by night who boasts about all the new machinery he/she just bought they were going to fall anyway, but the long term men who have young families to bring up.

cj plant agri wrote: »

i can also tell you that when a machine is (stolen) repossessed, and brought to this "auction" it is normally sold to the auctioneers "friends" who stand in the crowd and bid on the auctioneers behalf, then this machine that was sold for a rediculas price appears again in the same auction 2 months later for sale again. but the poor contractor/haulier/farmer who is already at a loss ,gets a hefty bill from the bank in the post for god knows how much, one fine example was the bill i got for €40,000 , when i only had €65,000 outstanding on the machine and it sold in auction for an alleged €98,000 plus vat and 5%fees, this made my blood boil, and thats when i attacked the banks ,and to date i have been very successful in sorting out the problems they caused for me.
.

You mention that you are not stretched financially yet you still fell behind on your repayments??? Also, was your digger sold at auction and if so, did you send the buyer out on a trolley?