Posted by Traditional Farmer on January 28, 2020 at 03:52:48 from (71.51.175.194):
In Reply to: Re: Old vs New posted by David g on January 27, 2020 at 15:30:54:
Seems like its the people withOUT the cash that buys new these days $0 down, $0 interest,'easy' payments sell the new ones for $70,000 to guy that just signs his name because he doesn't have $10,000 cash to buy a real nice used comparable tractor. I could pay cash for a new tractor if I wanted one and I think the main reason I'm in position to be able to do that is because I have never bought a new tractor.If its like past history at the next serious economic downturn the repos in tractors and vehicles will be cut loose at huge discount prices.My first goose neck trailer was a new bank repo back in 1980 bought it for less than half what the dealer had been asking for it from the bank.In my opinion now is the time to sit tight gather up cash,Gold,Silver and wait.The worst thing that can happen is to end up with a lot of cash, Gold and Silver.
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Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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