New Equipment

[fjlip]

They went from blue to green to red and back to green. Need a law against the ridiculously wealthy or the stupidity of dealers/manufacturers/Ritchie. Waiting to see which color next....

[farmaholic]

Whose good used equipment are you going to buy if nobody buys new and flips early with low hours? I am not that farm by the way!

Each should "manage" their equipment needs that best suits their finances and farm. What works for one may not for another.

After working with "modest" equipment while I was buying land and getting more established, I think I deserve what I have today....and there is still room for some improvement in some areas.

[Richard5]

Fjlip, or a law for companies that provide financing if my assumption isn't correct

[hobbyfrmr]

Buy leasng and not owning equipment, you get to stay updated and use the most modern efficient machinery. The you can rent more and more land to make it all cash flow.
I do agree there are many farms with much wealth and by using best management practices are accumulating more wealth. That is the name of the game. Otherwise its just a higher class of poverty where you go to vacations to feel better.

[Partners]

Some of these flippers are doing it because they are in trouble, and hope to make some $$$ so they can afford to keep going..Hence..change color, to prolong the game..Its not all rosey for some of the big guys...