StAngerSandman
Member
Well, I think I have decided on an M5-111 tractor. Want to buy before the end of the year for tax purposes. Need something larger than the Mahindra 2555 for mowing 80 acres, and we are thinking of picking up another 40 acres next year... With tax incentives, and current pricing, I'm thinking that it is time to buy something now, finish using the 2555 and backhoe for some more projects, then let it go next year.
Primary use for this tractor will be mowing, moving hay bales, general clean up around the farm and helping while we build the house. May do more later, including running some hay equipment once we are there and more established.
Looking at several local options, and trying to determine how to value the warranty, "New/New" vs "Pretty **** New", and additional options.
Tractor 1 = Brand New, 12 speed, buddy seat, stereo, air ride seat. Standard Loader. 540/540E "standard" PTO. Price after Equine discount = ~$60K
Tractor 2 = 2020, 350 hours, 20 months warranty left. 24 speed, buddy seat, stereo, air ride seat, self-leveling loader, 540/1000 PTO = $60K (+long drive and shipping)
Tractor 3 = 2017, 300 hours, ZERO warranty, 12 speed transmission, nothing extra at all = $51.5K (closest option, hour away)
My general thoughts so far:
A) Really feel like I would like the self-leveling loader
B) 1000 PTO would be nice, and opens up a lot more mower options.
C) Don't know that I need the 24 speed transmission, but in general I don't hear people complaining about having too many gear options...
D) None of these are from my local dealer, they are at $66K for the same tractor as #1. I'm willing to go out of state for that type of price difference.
E) Love the price on Tractor 3, but would add a buddy seat, air ride seat, etc. That would be like $1500. That takes me to $53K. The incremental $7K is a lot, but after taxes, etc. the gap seems smaller and there is not warranty behind it. Hate paying $7K for a warranty on a newer tractor...
F) I don't care at all about the 300-400 hours on a machine I expect to go for 5K plus hours.
What am I not thinking about? Which would you choose and why?
Thanks for your help. Need to dial something in pretty quickly before the tax year ends or these are gone...
Sandman
Primary use for this tractor will be mowing, moving hay bales, general clean up around the farm and helping while we build the house. May do more later, including running some hay equipment once we are there and more established.
Looking at several local options, and trying to determine how to value the warranty, "New/New" vs "Pretty **** New", and additional options.
Tractor 1 = Brand New, 12 speed, buddy seat, stereo, air ride seat. Standard Loader. 540/540E "standard" PTO. Price after Equine discount = ~$60K
Tractor 2 = 2020, 350 hours, 20 months warranty left. 24 speed, buddy seat, stereo, air ride seat, self-leveling loader, 540/1000 PTO = $60K (+long drive and shipping)
Tractor 3 = 2017, 300 hours, ZERO warranty, 12 speed transmission, nothing extra at all = $51.5K (closest option, hour away)
My general thoughts so far:
A) Really feel like I would like the self-leveling loader
B) 1000 PTO would be nice, and opens up a lot more mower options.
C) Don't know that I need the 24 speed transmission, but in general I don't hear people complaining about having too many gear options...
D) None of these are from my local dealer, they are at $66K for the same tractor as #1. I'm willing to go out of state for that type of price difference.
E) Love the price on Tractor 3, but would add a buddy seat, air ride seat, etc. That would be like $1500. That takes me to $53K. The incremental $7K is a lot, but after taxes, etc. the gap seems smaller and there is not warranty behind it. Hate paying $7K for a warranty on a newer tractor...
F) I don't care at all about the 300-400 hours on a machine I expect to go for 5K plus hours.
What am I not thinking about? Which would you choose and why?
Thanks for your help. Need to dial something in pretty quickly before the tax year ends or these are gone...
Sandman