It's about business models,, you have to ask are you a farmer who does mechanical work OR a mechanic who farms? The mechanical skills are an asset to the farming operation and can shift your business plan to the good. Farm equipment is a bit different than cars and trucks is that you don't have as much exposure on accidents destroying them on the road so if it's going to generate revenue you can afford to repair or upgrade. The repairs will provide value to you for a number of years so in effect the cost of these repairs is spread out across several crops, not really much different than the deprecation you get on new equipment. So if you buy older equipment and sink a lot of time and money into but are doing the work yourself you can afford that. You might be able to own multiple old units for less than the cost of one new or near new. If you select well these units can back each other up and all you have to cover is known weak spots, but you'd end up doing that with new equipment anyway.
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Today's Featured Article - Tractor Profile: Oliver 70 Row Crop - by Staff. The Oliver 70 was part of the "Fleetline Series" and was manufacturered from 1937 to 1948. The row-crop configuration could have either dual or single front wheels. The Oliver 70 was also offered in the standard, orchard and industrial configurations. The tractors were sold in Canada. An early advertisement states "Power when you want it - power when you need it - power to help put in crops when field conditions are right and time and help are limited. That's the power you'll find in an Oliv
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