NE SoDak | IADAVE - 10/15/2023 09:29
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!
Right. But we'll just pile the grain on the end of the field or what? |