Re: tractor value formula

Posted by mikeinWA on May 17, 2005 at 23:18:28 from (207.118.8.250):

In Reply to: Re: tractor value formula posted by Jerry/MT on May 17, 2005 at 10:27:57:

I really think it could boil down to a simple equation. the formula I propose would assume that no one would apply it to anything they didnt need. It would allow some one to make an educated decision regarding repair or replace. Land purchase is no different. In this area a savvy invester will not pay more thaN 25000 for a building lot. Based on cost of putting up a structure, power septic installation etc. Thats a good simple ball park.You can argue all day that the land might be worth more as per veiw, if you love the land you cant quantify the joy it will bring you in dollars and cents etc. The fact reamins that after cost of building 25000 is a good figure. My previous post regarding ten cents per mile could apply to a Jaguar as well as a Vega because the original purchase price will reflect in the resale price. A large tractor will cost what it costs, a small tractor the same. Resale will be reflected here. At some point it isnt worth hanging on to these old trators from a strict dollars and cents perspective. Its raining again here this evening and I intend to grow the brains to figure this out. Wish me luck. More later.

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