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Used equipment still strong.
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1trucker
Posted 8/24/2025 19:30 (#11342413 - in reply to #11342071)
Subject: RE: Used equipment still strong.


SW ND
I think silly might be to extreme. I don't know if a reasonable replacement for a nice 2188/2388.

For example farmer say 320 acres with current 1680 or similar combine that is getting rough or high houred. He buys what is a nice 2188 and can use his same heads.

So say the 44000 dollar combine is worth 19000 in 5 years costs him 5000 depreciation per year along with opportunity cost of say 4.5 interest of 1980 dollars first year and a little less the next but he can stick maybe an oil change and fuel filters in those 5 years so cost the same each year so the combine would cost him 21.81 dollars per acre per year for those 5 years.

If a custom rate at 45 leaves him 10 dollars for heads and 5 dollars for fuel/grease and 8.19 some odd dollars in return to operator. Plus he gets a nicer combine and maybe keeps the 1680 and can run one in beans and one in corn and if one breaks he has one ready to switch over. And he can harvest on his schedule not on custom cutters.

I think nice small equipment will keep decent value so 19000 might be too cheap after 5 years but consider that conservative value.
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