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CNY | Interesting to compare just straight leasing vs buying new every couple years. Yes, you don't get to show it on your balance sheet- but what good does it do you if you put $100k down on a new combine and finance say $700k? Also depreciation is huge for many. But just straight $ per acre, buying new vs leasing, I'm sure someone on here does it. Lease has all maintenance included so you can be confident in your cost for at least the tractor.
I operate under the buy other peoples junk fix it up and run it forever system. | |
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