I've got customers that have both. Based on what I have seen working on their equipment, etc, the cost of ownership will be higher on the tracked machines in the long run. If you need low ground pressure/flotation, than tracks are definitely the way to go. Too, tracks are more stable if your operating on a slope. Other than that, if your operating on hard, relatively flat ground, tires will be your best bet. Not to mention you can buy a wheeled machine for way less than a similar sized track machine.
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