Neighbor has a Kubota 1550 with 1640a front loader and hydrostatic tranny. Not sure the year, but likely mid-to-late 90's? 495 hours, well maintained (as far as I know), in great condition (as far as I can see), original tires. He is retiring and moving in a couple of years, and wants to sell it to me. Not sure what he paid, and we haven't set a price yet.
I own one acre, landscaped, that requires lots of time hauling, digging, planting, etc. I plan to do some excavating in the near future to install some french drains. The tractor doesn't currently have a backhoe, but I believe it can be installed. My driveway is too large to shovel. We normally don't get too much snow, but I type those words having just cleared 40" of heavy, packed white stuff off the driveway.
I have four questions. First, is this a good tractor? Second, is it right for my situation? I think the answers are both yes, but just want to make sure.
Third, given many variables that make this a loaded question, what (very rough) price range should I expect to pay?
Finally, I had an idea. I borrowed this tractor over the course of the last several days to clear my driveway and those of several neighbors. I can't say it was easy with that volume of snow, but the tractor got the job done. Then it dawned on me - why not buy the tractor now, in a "time share" arrangement? My neighbor has work to do on his property. I have work to do on my property. He wants to sell the tractor to me in two years. Why not pay him now, in monthly installments, and get some use of the tractor? It seems win-win: he sells the tractor at today's prices, but gets to keeps his tractor over the next couple of years and receive some regular income out of it. I save some money since I don't have to rent equipment to do my french drains. We could split maintenance costs. In two years, it becomes mine.
Does this sound like a good idea? Obviously, there are some finer details that would have to be worked out, but it seems workable.
Thoughts?
I own one acre, landscaped, that requires lots of time hauling, digging, planting, etc. I plan to do some excavating in the near future to install some french drains. The tractor doesn't currently have a backhoe, but I believe it can be installed. My driveway is too large to shovel. We normally don't get too much snow, but I type those words having just cleared 40" of heavy, packed white stuff off the driveway.
I have four questions. First, is this a good tractor? Second, is it right for my situation? I think the answers are both yes, but just want to make sure.
Third, given many variables that make this a loaded question, what (very rough) price range should I expect to pay?
Finally, I had an idea. I borrowed this tractor over the course of the last several days to clear my driveway and those of several neighbors. I can't say it was easy with that volume of snow, but the tractor got the job done. Then it dawned on me - why not buy the tractor now, in a "time share" arrangement? My neighbor has work to do on his property. I have work to do on my property. He wants to sell the tractor to me in two years. Why not pay him now, in monthly installments, and get some use of the tractor? It seems win-win: he sells the tractor at today's prices, but gets to keeps his tractor over the next couple of years and receive some regular income out of it. I save some money since I don't have to rent equipment to do my french drains. We could split maintenance costs. In two years, it becomes mine.
Does this sound like a good idea? Obviously, there are some finer details that would have to be worked out, but it seems workable.
Thoughts?