Second hand tractors are gone expensive

straight · 23-01-2021 12:54AM

visatorro wrote: »

Iv had a fiat and several women, they all broke me heart and cost me money!

Well that's what happens if it has tits or wheels.

The Rabbi · 23-01-2021 01:58AM

kevthegaff wrote: »

I'd beg to differ on the fiats and the women

As the Fiats aged they fell asunder and got lighter,Itialiano Mama's went the other way.

Castlekeeper · 23-01-2021 10:20AM

The Rabbi wrote: »

As the Fiats aged they fell asunder and got lighter,Itialiano Mama's went the other way.

...:heavier and tighter?

Reggie. · 23-01-2021 10:35AM

straight wrote: »

I wouldn't think much of anything Italian apart from pizza. The early McCormicks looked like the mx 135 and they were supposed to be a great machine.

Each to thier own

Reggie. · 23-01-2021 10:38AM

jimmy G M wrote: »

I think Reggie would be saying a McCormick is a red Landini.

Atm the two are the same only the styling is different. McCormicks are a little more expensive but seem to have a few little extras as the big ones are aimed towards tillage as the landini are aimed towards dairy and stock men.

Only thing I know on this topic is from one of the landini mechanics. The early McCormicks were supposed to be badly designed before and soon after landini took it over. It was his opinion. After all he was the man working on them

jaymla627 · 23-01-2021 10:47AM

straight wrote: »

Fix It Again Tomorrow. Men and women are the same all over the world. Of course every good rule always has an exception. I'm disillusioned by the prices of second hand tractors at the moment. Going to wait for the inevitable recession after vaccination is completed.

The agricultural market doesn't track the real world, and with commodity prices especially tillage on the up I wouldn't be banking on cheap tractors anytime soon, brother bought another lorry recently a 172 plate fully loaded iveco 460 with 110k for 44k plus vat the same lorry new today is 115k plus vat, if the above example was a tractor it would still be worth nearly 100k

Bass Reeves · 23-01-2021 11:47AM

jaymla627 wrote: »

The agricultural market doesn't track the real world, and with commodity prices especially tillage on the up I wouldn't be banking on cheap tractors anytime soon, brother bought another lorry recently a 172 plate fully loaded iveco 460 with 110k for 44k plus vat the same lorry new today is 115k plus vat, if the above example was a tractor it would still be worth nearly 100k

I think the tractor price is a exaggeration and the truck price an outlier. The truck will be scraped after 15-20 years at most but tractors have 30 year lifespans and longer. Problem with agriculture is it accepts the inroads into it margins. Industries servicing us are not willing to accept the margins we put up.

For the last 20 years and longer efficiency has been seen as the answer to farm profitability. More cattle, earlier finishing, more land bigger machinery, higher stocking rates etc etc. Very few people do a cost benefit analysis before spending money and not only do they not do that they they do not allow for the extra hours work that they need to do to justify that machine.
A farm with 80k in machinery borrowings paying 4.5% interest over an average of 6 years repayment timescales is paying 16k in repayments per year before running, repair and maybe labour costs are added into the equation.

straight · 23-01-2021 05:45PM

jaymla627 wrote: »

The agricultural market doesn't track the real world, and with commodity prices especially tillage on the up I wouldn't be banking on cheap tractors anytime soon, brother bought another lorry recently a 172 plate fully loaded iveco 460 with 110k for 44k plus vat the same lorry new today is 115k plus vat, if the above example was a tractor it would still be worth nearly 100k

There was always great value in second hand trucks. Haulage must be more profitable than farming if their all able to buy the new ones.

Donald Trump · 23-01-2021 06:01PM

straight wrote: »

There was always great value in second hand trucks. Haulage must be more profitable than farming if their all able to buy the new ones.

Break downs in haulage probably have potential to cause even more heartache.

Pain in the arse if your baler breaks in the middle of a big job when the rain clouds are coming across the horizon, but breaking down in France with an expensive load of perishables on the back is probably a level above.

patsy_mccabe · 23-01-2021 06:50PM

Covert trucks to tractors. How hard could it be?

blue5000 · 23-01-2021 07:03PM

patsy_mccabe wrote: »

Covert trucks to tractors. How hard could it be?

Ya I was thinking the same thing, we could call it a fastrac:D Seen a few old photos of scut trucks after WWII.

Castlekeeper · 23-01-2021 08:56PM

straight wrote: »

There was always great value in second hand trucks. Haulage must be more profitable than farming if their all able to buy the new ones.

It would seem surprisingly good dosh alright. Two local lads here, running a few trucks each, neither the brightest, one doing agribusiness and the other doing longhaul, both appear minted, spending away goodo, and more power to them.
I would have thought it would be a cut-throat business though.

straight · 23-01-2021 09:03PM

Castlekeeper wrote: »

It would seem surprisingly good dosh alright. Two local lads here, running a few trucks each, neither the brightest, one doing agribusiness and the other doing longhaul, both appear minted, spending away goodo, and more power to them.
I would have thought it would be a cut-throat business though.

We're all used to hearing about these low margin businesses but I'm afraid farming beats them all hands down. U see all the small retailers, cafes, etc. They all have plenty staff. Heard a lad in an interview one day saying he could make his business work with less staff but he'd have to be there himself 6 days a week so it wasn't worth it. I'm afraid the farmer is the only fool doing it all himself for phuck all return.

bogman_bass · 23-01-2021 09:12PM

Majority of restaurants last less than 5 years. You couldn’t say that about farms

straight · 23-01-2021 09:13PM

bogman_bass wrote: »

Majority of restaurants last less than 5 years. You couldn’t say that about farms

Ya, we just keep digging. Keep working harder to stay in the same place.

straight · 23-01-2021 09:17PM

Mx135 looks like good value. 5k hours.

https://www.donedeal.ie/tractors-for-sale/mccormick-mc-135-power-6/26215135

lab man · 23-01-2021 09:17PM

I'm thinking of a 2006 mc cormick mc 115 if I can get a tidy one I think they have a perkins engine?

Dinzee Conlee · 23-01-2021 09:18PM

straight wrote: »

Ya, we just keep digging. Keep working harder to stay in the same place.

Or are restauranteurs just smarter and pull the pin quicker?

Grueller · 23-01-2021 09:20PM

https://www.donedeal.ie/tractors-for-sale/2009-new-holland-t6030-hrs6594-q40-quicke-loader/27043508

The above is a 12 year old tractor. It is €42,900. It is the ideal size tractor for a modern dairy/stock farmer.

https://obrienstractors.com/new-holland-t6-125s/

The second option is a brand new t6.125s. 117hp, no boost. Again an ideal machine for a modern dairy/stock farm. This with a quicke Q5m loader with soft drive, multi dock, self levelling, 3rd service and electronic joystick can be bought for €82,500.

The first one is maybe not the cheapest 2nd hand that you will find but it is hard to find tractors with prices listed. The differ is €39,500. That is a serious wedge of cash. However in another 12 years I would have similar hours on the new one. It should still be worth €42,500 judging by the above. That is €40k in ownership costs or €3600 per year. It will also have cheaper financing options than a second hand one.

The second hand option above in 12 years will be a 24 year old machine with 13,000 hours if I bought her. I would say €18,000 value? Somebody correct me if I am wrong. That is €24,900 in ownership costs. €2075 per year in ownership costs. Higher finance plus a shorter payment term available.
On high tax writing off depreciation over 8 years the final difference in cost of ownership, coupled with hopefully lower maintenance costs (that generation of t6 NH were dieselaholics as well) would leve the difference between the two not as big as you would expect on first viewing in my opinion. Just my opinion mind.

TooOldBoots · 23-01-2021 09:24PM

straight wrote: »

Mx135 looks like good value. 5k hours.

https://www.donedeal.ie/tractors-for-sale/mccormick-mc-135-power-6/26215135

Big horse of a tractor, the 6 pot would be ideal for pto heavy jobs like running an Agitator

lab man wrote: »

I'm thinking of a 2006 mc cormick mc 115 if I can get a tidy one I think they have a perkins engine?

yes it has an intercooled perkins 1104c-44t, great engine but not a Contractor spec tractor @ 115hp

jaymla627 · 23-01-2021 09:25PM

Castlekeeper wrote: »

It would seem surprisingly good dosh alright. Two local lads here, running a few trucks each, neither the brightest, one doing agribusiness and the other doing longhaul, both appear minted, spending away goodo, and more power to them.
I would have thought it would be a cut-throat business though.

A lot of lads are working away on the drip, but 2020 was a great year with diseal prices down so low, averaged out at 3k a month of a saving versus 2019 here

ruwithme · 23-01-2021 09:31PM

It would i suppose come down to where you are at financially. Meeting the repayments on the new tractor verus the 2nd hand.

Some maybe stretching themselves even on the 2nd hand one,but buying is the right decision if it's what's needed.

Mooooo · 23-01-2021 09:49PM

Risk of buying a newer secondhand also may not reduce the maintenance costs either. At least with new there would be some bjt of a warranty and you can maintain it to your own standards. Still the inflation on machinery compared to farm output is serious.

hopeso · 23-01-2021 09:50PM

Dinzee Conlee wrote: »

Or are restauranteurs just smarter and pull the pin quicker?

It's easier to shut the door and walk away from a rented building than it is to walk away from a farm that's been handed down.......

Robson99 · 23-01-2021 10:20PM

https://www.donedeal.ie/tractors-for-sale/case-cx80/26838719
Doesn't seem too bad of value though hours a bit high

Who2 · 23-01-2021 10:33PM

straight wrote: »

Mx135 looks like good value. 5k hours.

https://www.donedeal.ie/tractors-for-sale/mccormick-mc-135-power-6/26215135

I’d find it hard to believe the hours on that tractor.it may be genuine but it looks too good to be true for a tractor of that size.

Bass Reeves · 23-01-2021 11:12PM

Robson99 wrote: »

https://www.donedeal.ie/tractors-for-sale/case-cx80/26838719
Doesn't seem too bad of value though hours a bit high

Would not consider the hours High. The minute they are started they start adding hours. 7.5k hours is only 300hours a year. That the original seat in it unless they replaced it a few years ago with a new case seat. It plus vat add in sterling difference and she is costing 18k with no loader. I would not consider her good value. However she looks a straight tractor. 14-15k would be the value of her. Would not be the strongest tractor but we'll capable of lifting a bale. I want a loader on her for that money

Bass Reeves · 23-01-2021 11:17PM

Dinzee Conlee wrote: »

Or are restauranteurs just smarter and pull the pin quicker?

It's easier with limited status and no skin ninth game if renting. Lads coukdbhave 2-3 gastro pubs or restaurants all in different companies. If you decide to pull the plug on one you can move some of the stock and equipment to one of the other businesses to keep them on the road

Robson99 · 23-01-2021 11:26PM

Bass Reeves wrote: »

Would not consider the hours High. The minute they are started they start adding hours. 7.5k hours is only 300hours a year. That the original seat in it unless they replaced it a few years ago with a new case seat. It plus vat add in sterling difference and she is costing 18k with no loader. I would not consider her good value. However she looks a straight tractor. 14-15k would be the value of her. Would not be the strongest tractor but we'll capable of lifting a bale. I want a loader on her for that money

Bass you will get sweet **** all now for 14 -15k. I know you bought a Mccormick with a loader a couple of years ago sub 20k. You would be paying 20k+ for that now. Very hard to get nice clean 4wd tractor 80 - 90 hi under 17/ 18k and 20k + with a loader

TooOldBoots · 23-01-2021 11:35PM

Robson99 wrote: »

https://www.donedeal.ie/tractors-for-sale/case-cx80/26838719
Doesn't seem too bad of value though hours a bit high

The fella selling that tractor is a contractor, I recognise the house as I went to see a tractor he was selling a few years back for a neighbour.
Look elsewhere is all I'll say.

Second hand tractors are gone expensive

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