Assume for a moment equipment is a non issue. Look at the purchase from pure economics. The reason I say its a non issue is you can crop share, cash rent out, rent equipment in, etc. Look at the whole package.
When I started on my own I had my cows and had them paid for. I was renting pasture. I sunk everything I had into land, and everything I had for the next five years to try and retire principle. With what I could scrounge I bought equipment. Junk mostly, literally in one case as my first hay rake I bought at of the scrap pile at a consignment auction in buckets. First I paid the land down, tried to fix and paint my equipment, then sell it after a year or two and buy better to fix and paint, etc. That was 23 years ago, and I was younger than you are now. Its all paid for and then some. My equipment is decent, most of the tractors were good used, most of the machinery I bought new. But, I waited until the bills were paid before I did. Yes, there has been some bumps in the road.
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Today's Featured Article - Diagnosing Engine Difficulty - Diesel Tractors - by Staff. The following suggestions are listed for your assistance. You can make simple adjustments on your tractor that will improve its operation and save you the time and expense of hiring someone to do it for you. Always make one adjustment at a time, and if the adjustment made does not improve the condition, return to the original setting before proceeding to the next adjustment. Hard Starting Cold air temperatures. Insufficient fuel.
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