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New tractors???

A

Anonymous-0

Well-known Member
Just curious how many of you that farm for a living use new tractors/machines...
Neighbor lady just bought her 3rd new tractor (2006, 2008, 2010). All the same model Steyr with 4wd and about 130hp. They just bought a new combine 3 years ago, and keep implements etc like new or replaced, replaces her car every 2-3 years all with cash...... It's just her and her parents but they are pretty much the biggest thing in our little area. Farmers get a lot of government here on top of what they produce.
 
So, they buy new all the time. What do they do to earn a living?
You will never convince ne that they make that much profit farming.
I sigh my name KennyP
 
Tell me more about the lady.Is she young and pretty? Does she speak English? LOL.
 

Hey Kenny -

I sort of agree, but a lot depends on how much land they own outright as opposed to leasing...

Plus, like Dad says, a few stragically placed oil wells can sure make a farmer look a LOT better...


Howard
 
Dave's neighbors are in Germany. Different subisdes then what you or I get.

Also in Germany the bigger farms have been handed down for 1000's of years instead of 200 like here.

Land is all paid for years ago.
 
Last new one I bought was 1981. 90 horse John Deere 4040 for $22,900. Probably the last new one I'll ever have bought. Same thing now,you'd be darned lucky to get for less than $65,000 at a fire sale. Not gonna spend my last days on earth trying to pay off something like that.
 
No new ones here. I've never been able to buy a new
one. Newest is '89, last one my Grandpa bought new
was in '80.
 
closest to new here is a '02 Mahindra 6000 i bought in '06 with 147 hours on it...the other "new one" is a '62 Ford 2000 my grandfather bought new.
everythings paid for except my new puter and i gotta dig up a mayonaise jar to pay my gubmint rent [taxes]
 
Newest one on our farm is a 1985, and that's dad's tractor that he uses for raking hay, and that's about it. He bought it in 2005, and we thought we were in tractor heaven with cab, air, heat, and stereo. We mainly farm with tractors from the 1970's, but have several from the 50's and 60's still in regular use as well.
Many days I'd sure like a new one, but I don't ever see it happening. Our farm has been in our family since 1899, and no brand new tractor has ever been purchased. Grandpa bought a couple that were 2-3 years old in the 1960's when he was milking cows, but that's the closest.
 
(quoted from post at 07:41:31 12/21/10) explain lots of government help? I farm and never get lots of help. I wonder what i'm doing wrong?
Click to expand...

Lot of if's, and's, and but's... But these folks get about 300euro per hectare (about twice what they pay if leasing) if they are a normal farmer (twice that if they are organic), very reduced sales tax, get extra for planting what they are told where thery are told. She's got a bunch of land because she had leased a bunch, took over what her parents had owned/leased, had a fiance that had a whole bunch that they were farming together. Both of them were single and never married, his parents were gone and he stopped by her in a field for a sandwich and fell over dead day after he turned 50. She now works her butt off from can see to can't see. She probably gets about 250-300k a year besides harvest.
To answer the other ???? she's about 45 and OK looking.
 
A friend and I were talking about that the other day. He cited two of the larger area farmers that he knows well enough to know their habits.

One buys new machinery from a dealer every year or two. The other goes around looking for bargains on auctions and as a result his machinery isn't all that new.

From outward appearances, both are equally prosperous. So, which one is making the most money? Guess only their bankers know.

This particular friend farms a couple thousand acres himself, and haunts farm auctions all winter to line up equipment for the upcoming year.
 
The guvment help is the key. Some years back, a neighbor of mine that had farmed all his life made a trip with his wife to see her relatives in Finland. He had always wondered about how their agriculture was structured, and found someone knowledgable to explain it. Subsidies not only to farmers, but to processors, wholesalers, etc. Only thing that sticks in my mind is that the farmer got more for a box of strawberries than it cost in the supermarket.

With all the money troubles they have, it sounds like they could throttle back a bit on the gravy train.
 
I worked with a tech from a Swiss company a few years ago. His brother was running the family dairy farm, all 10 acres. I asked how they could survive on that, and he told me that among other things, the Swiss government wanted those dairy cows on those moutainsides for the tourist value. And they have a silly idea that you should produce food, in case of war or natural catastrophe.
 
As far as some of our local row crop guys go, I'd bet that their investment in shiny paint is about equal to their subsidy payments. I know one guy that averages 200K per year in subsidy. And there are people who get a lot more than he does. Basically subsidy = new paint.
 
I have new tractors. 2003 Kubota and 2005 Massey. The Kubota
was bought with 600 hours on it, the MF with 4000 hours.

I had the use of old machines, but spent an hour wrenching for
every hour using them. Was spending as much in parts as a
payment would be as well.
 
The majority of the farmers around here who buy big new tractors are in debt up to their ears. They work the pencil so they can "justify the update". The ones who buy new small tractors are either acreage owners or livestock farmers who probably have money borrowed against the new paint. Jim
 
I know a farmer in Northern Indiana that trades in his JD tractors every 2 years. He claims he gets the most bang for the $ that way. He does half of his tractors every year.
 
My newest tractor is a NH TB 110, 2004 vintage. Others run back, a 7610 Ford from 1991, 7610 Ford from 1988, 5600 Ford from 1981, and a pair of 7600s from 1976. Skid loader is from 1991, backhoe from 1988, and dozers from 1982 and 1969 respectively. I didnt buy any of them new though the 5600 was bought new by my dad. As to the neighborhood, most folks I work with buy something 2-3 years old with a few hours on it if they are in this for a living. Machinery is a different story, most of my neighbors and me for that matter try to by new or near new and run it til its dead. I dont need the tax write off but I need something that will work how I want it to, when I want it to, without me spending all winter in the shop fixing something.
 
The only new tractor I ever worked with was a 1951 Ford 8N my father bought new. Still in the family and still working. My son in Wi has it now.
 
There are only "new to me" tractors on my place.
i buy them only after they have "proven" themself for 20 yrs or so,that way i don't have to teach them the ropes no more.LOL.
I never paid more than 3 1/2 grand for one.

'sides that there ain't enough money in farming to buy new,and i sure ain't gonna find me a off farm job to go pay for it.
 
Very few on this forum have new tractors. But the majority whom are farming a few thousand acres are making a ton of money and many are spending it on new paint. My tenant owns about ten acres, farms roughly two thousand, and just bought both a new JD tractor and JD combine.
 
If one gets to be a big boy farmer here in the 'States, one tends to go with the 3 year or so lease program, where you get to rent the really big machines for 3 years and then roll into a new lease on another new machine to replace it. Keeps it in warrenty, and if you price it over enough acres, it will pencil out.

You don't ever own anything tho, you are just paying rent on it. Might look impressive to the rest of the world, and bragging rights at he coffee shop, but you don't own a thing. A lot of the folks here restoring tractors own more iron than the big farmers.

--->Paul
 
No,a good thing you mention that,i'll clear that up for ye.

I said,there is not enough money in FARMING,i didn't say there was no money in RANCHING bison"did I"?.

'sides,why throw good money after bad.A new tractor devalues over time,my old ones are worth more today than wen i bought them.

You got to work "smarter",not "harder"
 
Just bought a new-to-me 4650 Deere. First field tractor I've bought in 32 years. The 15,000 hour 1086 will do light duty work from now on. Will pay cash for it after the first of the year. It's not enough tractor to do the heavy disk ripping in the fall but I can have that custom done for a third of what the yearly payment would be on a newer 200+ HP front assist and disk ripper to match. Farmers who buy the new stuff are usually looking for a little custom work anyway if they need a few more hours on the lease. A good newer low houred 200+HP green tractor will be over $100,000. The red and the blue ones aren't too far behind. No way am I going into that kind of debt just for bragging rights at the coffe shop. Jim
 
My dad bought a 4010 JD in 62 we still have it I
bought a new 6060AC in 83 and my Son bought a 4320JD
Compact in 2009. They have kept getting smaller.
They all 3 have cabs, but the Little JD is by far
the quietest. It's 4X4 and the one we use the
most,Also have bunch of other tractors. AC B CA WC
WD45 JD 435 4040 Oliver 770 88
 
government help? I don't get much, Last few years I have gotten about $13/acre. Can't buy much new stuff with that. New tractors on my farm! HA, machinery is always 10-20 years old before it turns a wheel here.
Brian(MN)
 
we get a new loader tractor every year and have been for the last 20 years yes we make some payments but that tractor has to run every day and we can't stop to fix it if something happens but at the end of the day we are still paying for the tractor be got 20 years age with a new one sitting here
 
No government subsidy for new tractors or farm machinery down here in NZ.Leasing tractors or buying new every 2 to 3 years only benifits the tractor manufacture/dealer.Paid real money for a real tractor when I needed a new tractor,purchased a Valtra, Sisu powered Steyr would have been my second choice.
 
I thought I was going to get to use a new tractor once! In the spring of 1960, the farm I was working for bought a new JD 730 and a new JD mounted plow. The old man , his son, and son in law were all my bosses, and the old man decided that none of us three peon's were going to get to use the new rig, till he got to break it in. He took it out to the 20 ac field that I had cut the stalks in, and made his first furrow. When he made his turn at the fence on the far side he took out the fence and two posts. He came back making his dead furrow, and hooked a gate on his last turn. His son stopped him, and took the rig away from him, while we still had some fences left. I guess mounted plows just don't follow the tractor around the corner like the old pull types. Me and the son in law went to work fixing fence!
 
this year I bought a new MX 245 Magnum and two weeks ago bought a new CaseIH 7088 combine, spent about 1/2 million using the list prices, needed it for taxes
 
When I go to the state fair, I like to browse the farm equipment area. When I enter a manufacturers "zone" a salesman will always jump up and run over and pump my hand like he's trying to draw water from a well. I aways tell him to go sit down - I'm looking at what I MIGHT be able to afford twenty years from now - IF I'm still alive.
 
I have bought three new tractors in my life, AC 8010, Deutz 6275, and a JD 4320. I still have the JD and Deutz. You can buy new iron or land not both, usually. The wife and I have thought land was better to try to pay for. So I make do with older equipment and fix it. Plus my land is not in big flat fields so I need smaller equipment than most of todays new stuff.
 
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