|
| I cringe every time I see a farmer wanting to upgrade his truck for farm use.
You are going to spend $40,000 for a truck. Probably have another ( at least) $20,00 trailer to pull. License , insurance and a man.
So You are going to lose $3,000 a year interest, spend another $3,000 on fuel. Probably $2,000 on plates and insurance. Figure the man, conservatively at $5,000. Depreciation at 10% is $6,000
$15,000 would probably hire it done, so you are in the hole before you start, plus still have to cover repairs! | |
|
Semi shopping
