tractor Price

karolmc100

I am looking to purchase a tractor in the 90-100hp bracket.Anybody give me some sample prices for tractors in this bracket

kay 9

New or used?

karolmc100

would consider new,but prices seem ridiculosly high any advise on keenly priced models

colm_mcm

do you have a budget?

karolmc100

40000-45000max

Buford T. Justice XIX

karolmc100 wrote: »

would consider new,but prices seem ridiculosly high any advise on keenly priced models

If you think new is dear, wait till you see second hand:)

List prices of JDs, MFs and NHs for 100hp + loader are around 60k+.

Prices of same but 5 year old, c.5k hours on the clock are around 50k for one in good condition.

Claas Ares 340 ax came in at around 45k new with a very good finance package.

Zetor would be in that ballpark also.

Do you want 4wd or 2wd, loader or not, what work will it be doing, what kind of ballpark money are you looking at spending?

karolmc100

Buford T. Justice V wrote: »

If you think new is dear, wait till you see second hand:)

List prices of JDs, MFs and NHs for 100hp + loader are around 60k+.

Prices of same but 5 year old, c.5k hours on the clock are around 50k for one in good condition.

Claas Ares 340 ax came in at around 45k new with a very good finance package.

Zetor would be in that ballpark also.

Do you want 4wd or 2wd, loader or not, what work will it be doing, what kind of ballpark money are you looking at spending?

Some loader work topping and rolling nothing to extreme

Jimlh86

karolmc100 wrote: »

Some loader work topping and rolling nothing to extreme

40-45k seems pricey for topping and rolling?

Jimlh86

karolmc100 wrote: »

Some loader work topping and rolling nothing to extreme

40-45k seems pricey for topping and rolling?

Buford T. Justice XIX

karolmc100 wrote: »

Some loader work topping and rolling nothing to extreme

As Jim above says, do you need a new or nearly new tractor for that kind of work?

Not criticising your choices, btw, just for relatively light work, would an older tractor do the work for a lot less outlay?

Markcheese

Feic it ,at that price,I think i'd buy a budget kramer loader, and pay someone else to top-roll and fertilize, (or buy a budget tractor too)

karolmc100

Markcheese wrote: »

Feic it ,at that price,I think i'd buy a budget kramer loader, and pay someone else to top-roll and fertilize, (or buy a budget tractor too)

My thinking is that it will be keeping it for 15 years or so as it won't be over used with heavy work and I am gud at minding thinks also I would be willing to stretch back to 2010

Limestone Cowboy

How much of a tax saving would there be on a new tractor at 60k when it's depreciated over 7 years as a matter of interest lads?

blue5000

Limestone Cowboy wrote: »

How much of a tax saving would there be on a new tractor at 60k when it's depreciated over 7 years as a matter of interest lads?

Is the girl friend in the high tax band??:p

Depreciation would be 9k a year for the first 6 years and 6k for the 7th year, if you trade it in then you need a 'creative' accountant.
If you took out a loan, the interest would be allowable as well.

Limestone Cowboy

blue5000 wrote: »

Is the girl friend in the high tax band??:p

Depreciation would be 9k a year for the first 6 years and 6k for the 7th year, if you trade it in then you need a 'creative' accountant.
If you took out a loan, the interest would be allowable as well.

I'm trying to figure out how a few lads justify it, no high tax rate around here blue only poverty.

blue5000

I suppose if someone was in the high tax band the 60k tractor would be costing them around 30k, not too many farmers round here in the high tax band this year either LC. Getting the VAT back would be another possibility too.

karolmc100

Limestone Cowboy wrote: »

How much of a tax saving would there be on a new tractor at 60k when it's depreciated over 7 years as a matter of interest lads?

When you say budjet tractor what brand would you be talking of

bogman_bass

https://www.donedeal.ie/tractors-for-sale/hattat-tractors/11153996

Was talking to a lad yesterday who has one for a year now. He's happy with it

Markcheese

Still 40 grand plus a loader with questionable resale value in 5 or 10 years when you want to trade it in.
Although at least with the internet you'll be able to source parts no matter what happens with the irish distributors..

karolmc100

Markcheese wrote: »

Still 40 grand plus a loader with questionable resale value in 5 or 10 years when you want to trade it in.
Although at least with the internet you'll be able to source parts no matter what happens with the irish distributors..

How about a British import is there value to be got on one of these

Bass Reeves

Limestone Cowboy wrote: »

I'm trying to figure out how a few lads justify it, no high tax rate around here blue only poverty.

blue5000 wrote: »

I suppose if someone was in the high tax band the 60k tractor would be costing them around 30k, not too many farmers round here in the high tax band this year either LC. Getting the VAT back would be another possibility too.

I am in the high tax bracket and I cannot justify that money on a tractor. The depreciation term is 8 years I thaught so on 50K it is 6250/year. However you cannot get USC back from outside employment and I am not sure about PRSI I think it is tax only so 40% not 50%.

On VAT you lose Vat on cattle sales and most other vat invoices are reclaimable on buildings etc. After what the money is worth to you and if you have to borrow some in real terms the tractor will costs you 35K+.

For topping and rolling if on good land a 2WD tractor is adequate you would buy a flaking one for 20K. If I had 60K burning a hole in my pocket I be looking at some neighbours field

blue5000

I was thinking more in terms of an ag contractor getting the vat back, or somebody with plant hire and a bit of farming on the side. What way does PRSI work with the off farm job and farming Bass?

Bass Reeves

blue5000 wrote: »

I was thinking more in terms of an ag contractor getting the vat back, or somebody with plant hire and a bit of farming on the side. What way does PRSI work with the off farm job and farming Bass?

You pay PRSI on profits. However when a loss is incurred I am not sure if you can get the PRSI claimed back as well as the Tax. USC is not reclaimable. Very few make money on VAT most contractors would give there eye teeth not to be vat registered. Yes you get the VAT back on fuel and machinery but you have to charge VAT on everything. As well if farming unless you are incorporated you lose VAT on farm sales

Talking to lad that was round baling and he reckoned that VAT was costing him a 50c/bale in real terms

Cavanjack

karolmc100 wrote: »

Some loader work topping and rolling nothing to extreme

A 165 would get you away without spending too much if need be and would do all of the above work. Or a case or same for 10k if you wanted a bit of comfort. Spending 40k seems a bit excessive to me for the kind of work you need it for.