Posted by Ralph Bauer on April 01, 2012 at 14:00:03 from (75.104.123.7):
In Reply to: Buy new or rebuild? posted by DeanOlson on April 01, 2012 at 13:04:11:
Gosh, so many things for you to consider, Dean. For once, is it payed for? Would you buy outright or have note on the replacement? What's the difference in insurance premiums, mileage it will get. What does consumer report say about the 2006 and current model year; your significant other? What other debts do you have, at what rates? How secure is your job? What discounts/incentives does the new truck come with? Will you trade it in or sell it privately? How does that affect your new truck purchase price? What big maintenance issues will come up in the next 50K miles: brakes, tires, injectors, shocks, etc...? How many miles per year do you drive? Since you use it "mostly as personal transportation" can you get another car/small truck to do just that and hence only use the truck for big hauls, like your tractor? Therefore possibly keeping it longer compared to using it on a daily bases...? Can you work on the 06 and do the same things also on the 11/12 model if it were to come up down the road?? What will the parts availability be if you were to need used/rebuilt/new parts for either one? Price difference of them new vs. old? You don't say that you can depreciate it off your taxes, so that may not be an issue for you then. How significant is the price drop between now and one with 175-200K miles? What depreciation, loss in value would most likely occur for the new one in that same time period? Is body rust an issue in your part of the country?What amount of peer pressure is on you to upgrade/ or keep the old one? Will it keep the peace in the home or does it not matter? What will your towing/hauling needs be in the future vs. now? Is there a middle ground: sell around 160-165K miles and buy next year (in cash)? I am sure other will chime in. Hope this helps to make a decision. Just my humble thoughts that I would have in a similar situation. Ralph in Oklahoma.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Women and Tractors - Tractor Engine Repair - by Teri Burkholder. One of the great things about working on a tractor engine with your other half is that you know what he is thinking of at all times and can anticipate his every move and his next thought of what he will do. With Ben, anyway, I can tell! He'll be busy working and I’m handing him tools and he says, "give me that..." and I’ve already got it in his hand or "hand me that....."and I’ve got the portable light right where he needed it placed to see. "Run in the house and get me a...."as I open th
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
