| 1trucker - 8/24/2025 19:30
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.
Thats a fairly astute analysis, and one I’m sure the guys that paid the price took into account. The retiring owner works on equipment as a sideline business. Got his own machine in his heated shop every winter and went through it, every year for thirty years, then washed and waxed and vacuumed, went inside every night. Looked as new as it gets, yet still a thirty year old machine. . Stuff he had that you drove in the field never had the seat see the light of day, always covered. Absolutely only thing needed to head to the field was top off the fuel tank. I remember our first foray into a red combine was trading off a Deere 9500 for a 2188 at Sloans. Brought it home and dropped off at the local IH dealer 22 years ago. Parts bill alone was $20,000, and that was in 2003 dollars. Previous owner ran it, and traded. That was it. I know I’d much rather have the 2188 for ten grand more than the 9500, had a third less overall hours, and a rotary.
Edited by Boone & Crockett 8/25/2025 04:47
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Used equipment still strong.
