No sarcasm intended, but if you can"t do the math, you can"t afford the farm. Same with any business venture. You don"t say what you have for a down payment, what the interest on a loan will be, can you get a loan for the purchase? What crops/income can you generate? Operating expenses? Living expenses? Off-farm income? Even if you had the cash to buy it, there is an "opportunity" cost- what else could you do with that money, make more somewhere else? Only you know all of those factors.
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Today's Featured Article - Major Problems - by Anthony West. Following the aquisition of the two Fordsons to my collection I found that I was struggling to move them about. I had considered the possibility of driving the "F" to and from shows but anything other than local rallies was totaly impractical due to its sedate pace. I had also considered buying a landrover and trailer, but the price of a
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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