Buyers Remorse???

passie

Hi everyone... Just wondering do many people have regretful feelings when they are about to close a deal even when its exactly what they need and when you look at it first you cant believe how lucky you were to come across it. then when your about to close the deal you freeze think to yourself oh do I really need this at all or maybe sur the one I have will do even though its worn out? How do you deal with it and be happy with your choice?

yellow50HX

passie wrote: »

Hi everyone... Just wondering do many people have regretful feelings when they are about to close a deal even when its exactly what they need and when you look at it first you cant believe how lucky you were to come across it. then when your about to close the deal you freeze think to yourself oh do I really need this at all or maybe sur the one I have will do even though its worn out? How do you deal with it and be happy with your choice?

yes and no. belive it or not its kinda normal to have a rush of adrenilne when making a new purchase (ask the ladies in your life). but i always have a toucj of guilt when i hand over the cash or cheque and will spend days thinkign about other ways i could have spent the money. 9 out of 10 times you'll know you have made the right decision after a while.

i remember when i bought the digger about 10 years ago. my dad thought i was nuts and was thinking i was going to pack in the job and go doing plant hire full time. when i told him it was just for farm work he reckoned the boys in the white coats were coming for me. after about 2 days of him using it he proclamind it the greatest thing since sliced pan and if we were to stop farming tomorrow it would be last thing to be sold. on the flip side i got a yoke last year and spent weeks weighting up the options and reckoned it would be a good purchase, have had nothing but problems and will look a moving it on this year.

pakalasa

Don't worry about it. It happens everyday in the mart when animal is sold. The buyer is always the person that is willing to pay more than anyone else in the mart , for that animal. That's life.

Also, the country is full of people that feel they paid too much for their house.

bbam

You have to look long term with allot of purchases.
Yes it can be a chunk of money at the time but, with some luck and care you'll have it for years to come.

In the early 80's we splashed out on a DB996 with a power loader. It was from early 70's. Seemed allot at the time but It's still going well if a little rough looking. But it's been such a labour saver, the 4wd was parked up all winter till last weekend.

On the flip side some stock I've bought at the mart seem to look like donkey from shrek when They step of the trailer in my yard, I usually find though I'm happier in a day or two, once they're fed and settled.

kevthegaff

i bought a milking machine 5 yrs ago with a waterheater and water pump included, the mm was only 2 yrs at the time, gave 6k for it put it in myself!. jes i was panicking would he d pull out of the deal

sh1tstirrer

A friends wife was bored of driving their 07 Toyota and saw a 08 Peugeot people carrier on donedeal. She contacted the owner and agreed to exchange cars if they were satisfied. The owner of the Peugeot drove to the friends house and they were happy with it, they agreed to pay him 5000 with the Toyota. The day of the exchange he arrived with the Peugeot and drove away with the 07 Toyota and 5k in his arse pocket. The Peugeot has been nothing but trouble ever since. Yourman that exchanged the Peugeot must have been slapping himself all the way home in case he was dreaming. They are trying to flog the dud now for a fraction of what the Toyota was worth never mind the 5000 they paid with it.

Viewtodiefor

kevthegaff wrote: »

i bought a milking machine 5 yrs ago with a waterheater and water pump included, the mm was only 2 yrs at the time, gave 6k for it put it in myself!. jes i was panicking would he d pull out of the deal

Sounds like a bargain, what kind was it?

Just put a new parlour in n some days wonder did I do the right thing!

kevthegaff

Viewtodiefor wrote: »

Sounds like a bargain, what kind was it?

Just put a new parlour in n some days wonder did I do the right thing!

dairymaster clusters and pumps and lines and a different pump. it was when lads were leaving cows for sport

Farmer Pudsey

passie wrote: »

Hi everyone... Just wondering do many people have regretful feelings when they are about to close a deal even when its exactly what they need and when you look at it first you cant believe how lucky you were to come across it. then when your about to close the deal you freeze think to yourself oh do I really need this at all or maybe sur the one I have will do even though its worn out? How do you deal with it and be happy with your choice?

Part of this is the worry yhat you have made a wrong decision. I always anguish about spending money.

sh1tstirrer wrote: »

A friends wife was bored of driving their 07 Toyota and saw a 08 Peugeot people carrier on donedeal. She contacted the owner and agreed to exchange cars if they were satisfied. The owner of the Peugeot drove to the friends house and they were happy with it, they agreed to pay him 5000 with the Toyota. The day of the exchange he arrived with the Peugeot and drove away with the 07 Toyota and 5k in his arse pocket. The Peugeot has been nothing but trouble ever since. Yourman that exchanged the Peugeot must have been slapping himself all the way home in case he was dreaming. They are trying to flog the dud now for a fraction of what the Toyota was worth never mind the 5000 they paid with it.

You should copy this on the motering section of boards. Most there have a serious chip on there shoulders about Toyota's

yellow50HX

Farmer Pudsey wrote: »

Part of this is the worry yhat you have made a wrong decision. I always anguish about spending money.




You should copy this on the motering section of boards. Most there have a serious chip on there shoulders about Toyota's

most arent living out the in the country so dont know when they need good reliabable car not just one with show room looks. would luv to get another toyota if could afford it. had 2 corrollas and an aventsis from 2000 to about a year ago. gave one to my dad and he had it for about 5 years, gave another to my mum and she is still driving it.

bob charles

looking at it from buying livestock, aslong as your decision was right at that moment in time you have to work from there. I have often bought desperate dear cattle that have gone very lucky and got on better than cheap animals that have gone badly wrong. No one knows whats along the road

bbam

bob charles wrote: »

looking at it from buying livestock, aslong as your decision was right at that moment in time you have to work from there. I have often bought desperate dear cattle that have gone very lucky and got on better than cheap animals that have gone badly wrong. No one knows whats along the road

Indeed Bob.
And you need to close the door behind you at night. No point fretting about every decision bringing it into the house.

locha

Old man always told me you will see better value when you have your money spent but just make sure when you buy you have a need for it. He is right on both counts!

bob charles

and every farmer regrets not buying the farm next door no matter what price it made. Im still hearing about a farm next door missed in the eighties, phrases like "twould have made a great job of our place". but who knows, my parents could have went to the wall trying to pay for it and not had the ability to raise their children the way they didnt

delaval

a very succesful farm businessman told me once 'over analysis can make you dither only to regret later'..................we all make a balls of it occasionally but unless you do you'll never make the right decision.

If you've purchased make it work.

grazeaway

bob charles wrote: »

and every farmer regrets not buying the farm next door no matter what price it made. Im still hearing about a farm next door missed in the eighties, phrases like "twould have made a great job of our place". but who knows, my parents could have went to the wall trying to pay for it and not had the ability to raise their children the way they didnt

folks had made a deal to buy part of an ajdioning farm back in the late 80's, it was a streach for them but they reckoned they could make it work. then another fella came in at the last minute and out bid them. folks pulled out rather then going higher. anway sale fell through and another neighbour ended up buying it for about 75% of what my folks orginally offered a few months later. The ol lad was very bitter over it but knows he made the right call at the time. if i had a few bob i'd buy it myself as its just been rented out for the last 10-15 years.

bbam

delaval wrote: »

If you've purchased make it work.

a grinder and welder in the right hands makes allot of things "just right"

20silkcut

grazeaway wrote: »

folks had made a deal to buy part of an ajdioning farm back in the late 80's, it was a streach for them but they reckoned they could make it work. then another fella came in at the last minute and out bid them. folks pulled out rather then going higher. anway sale fell through and another neighbour ended up buying it for about 75% of what my folks orginally offered a few months later. The ol lad was very bitter over it but knows he made the right call at the time. if i had a few bob i'd buy it myself as its just been rented out for the last 10-15 years.

My father borrowed in the early 80's, repercussions still being lived with today.
That was a dangerous time to be borrowing with spiralling interest rates.
It was probably ok by the late 80's but borrowed money from 1978-82 left a lot of people up the swanny.

yellow50HX

20silkcut wrote: »

My father borrowed in the early 80's, repercussions still being lived with today.
That was a dangerous time to be borrowing with spiralling interest rates.
It was probably ok by the late 80's but borrowed money from 1978-82 left a lot of people up the swanny.

yipp my folks were in the same boat, intrest rates were into the 20's at one time. a lot of people got caught half way through their expansion plans when the milk quotas came in, ended up being limited on what they could produce but still having to pay back the figures their plans were based on.

jp6470

bob charles wrote: »

and every farmer regrets not buying the farm next door no matter what price it made. Im still hearing about a farm next door missed in the eighties, phrases like "twould have made a great job of our place". but who knows, my parents could have went to the wall trying to pay for it and not had the ability to raise their children the way they didnt

True.theres 25acres behind us that another farmer has a write of way into now.grandfather and them didn't buy it.been perfect,but when I hear how he bought our farm back,must been in 50,60s for like 8k and it made the front local news paper in them days.everybody said he was mad,.i just be thankfull for what he did for the family.and rode around on a bicycle or nailed a bag up as a curtain saving money up again,till the end.

But as for myself,sure,always bring a machine home,doesn't work or can't get it right.and always think,what the f did I buy this for.why do I give myself these tortures.but then always come home in evening here someone else nearby is sick etc and just be thankfull that's all I have to worry about.

passie

Thank you all for your replies .. What really annoys me is when I buy cattle, machinery, new sheds ect.. there's no probem but when it comes to changing the tractor it really gives me the sh..s. Oh its just one of those things I will have to grin and bear... Thanks again for all your advice and help....