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New equipment or Tile?
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Case IH farmer
Posted 8/18/2015 12:19 (#4739667 - in reply to #4739456)
Subject: RE: New equipment or Tile?



IL
GrainTrader - 8/18/2015 06:55



My idea was to take the $18,000 for the tender. Put it in the ground in tile. Then get a 5 year loan on a tender. The $ gained from the tile in theory should make the tender payment...



I'd like to see the math on the 18k in tile making a tender payment. Pattern tile costs about $1000 an acre unless you own your own tiling business..

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