Buddy asked me if I saw the x9 at our local Redhead. Thought it was April fools but no it was there. Apparently they somehow ended up with 11 of them from Monettes flip to JD. They’re spread across all the dealerships in hopes they will move. Under 400 hours for a smokin deal of $1,006,500.00.
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Punched some numbers into the lease calculator out of curiosity. No idea what they would allow for residual on something like that, or what the interest rate currently is, but I would consider this a best case scenario.
On 3000 acres, $52.96 per acre.
On 3500 acres, $45.93 per acre.
Good luck if trying to do more acres than that in this area per machine. The weather might beat you. On top of this, warranty runs out soon, and you are on the hook for the repairs also while making the payments, likely to the tune of $10 per acre per year to keep the machine reliable.
I’m having trouble wrapping my head around this as currently my payments are $10 per acre and my repairs are $10 per acre. And I’m only a 2000 acre farm, so I’ll just have wait 10 years and buy it for $100k at a Ritchie Sale. Seems, it doesn’t matter the new price, they are all just a little over $100k in 10-12 years.
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Originally posted by SmallTimeOperator View Post
Punched some numbers into the lease calculator out of curiosity. No idea what they would allow for residual on something like that, or what the interest rate currently is, but I would consider this a best case scenario.
On 3000 acres, $52.96 per acre.
On 3500 acres, $45.93 per acre.
Good luck if trying to do more acres than that in this area per machine. The weather might beat you. On top of this, warranty runs out soon, and you are on the hook for the repairs also while making the payments, likely to the tune of $10 per acre per year to keep the machine reliable.
I’m having trouble wrapping my head around this as currently my payments are $10 per acre and my repairs are $10 per acre. And I’m only a 2000 acre farm, so I’ll just have wait 10 years and buy it for $100k at a Ritchie Sale. Seems, it doesn’t matter the new price, they are all just a little over $100k in 10-12 years.
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Problem that lots aren’t realizing is companies are all going to build what is sold. nothing will be sitting new on lots. no more floor plan 10 combines and then get a discount to sell. discounts are gone. GMC Ford etc are following suit. so start looking at guys like monets trades or order new and hope to get. very little will be available. i traded a drill off on friday late and it was sold monday by 9 am.
those combines are part of the case/Deere/farm leaving agreement.
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RB is the dealership that looks after combines 10 and older. ALL colors same warranty applies (LANEWAY ).
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These combines are to replace 1.5 to 2 of your old combines. Doesn't work otherwise.
Neighbor is at 7,000 acres per machine. Finished about the same time as the rest of the neighborhood.
These aren't for smaller farmers. We farm 9,000 and can't see a fit for our operation.
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