It would depend on the situation. If you're pressed for time that you don't have, then that gain in efficiency can be rather important. Once you get to the point that you're putting 3-500 hours per year on a tractor, I think you'll find that owning a new one is just as cheap as fixing an old one. I've always though that it was pretty much a wash in terms of operating cost. You trade depreciation for parts.... The downside of that scheme is that when you're installing your parts, the work is not getting done and crops may well be getting lost in the field. That's the hidden cost of old gear... and that can be a HUGE cost in time sensitive operations.
On the other hand, if you've gone to the new high tech tractors with Tier III emissions, well... good luck in that department. I think a lot of that stuff has more downtime than the old stuff, and this is BIG DOLLAR problems because it gets carted off to the dealer for repairs. For me, that would be a grand each way on a truck... so I'm content with the older stuff that's easy to fix right here. What I would prefer to do is have a bit more stuff from the mid-80's up to early 2000's as it's still realtively simple and easy to fix yet it gives most of the features of the newer gear. In some cases the older gear has a higher specification...
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Today's Featured Article - The Revival of a John Deere Combine - by The Red, John Fritz. For several years I had been driving by a farm house on the west side of Indianapolis that had a John Deere combine parked in high weeds in a lot behind the house. The gentleman no longer farmed because the entire area was developed with housing and light industry. I had stopped several times and knocked on the door but no one would answer. My curiosity was up and I wanted to contact the owner. I wanted to see what he planned to do with the combine.
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