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| I don't have the perfect answer but I'm not sure you're able to find a deal that good for trading equipment annually anywhere.
My opinion is in regards to business equipment you should spend the least amount possible to accomplish the job. Some consideration for efficiency and reliability but I think those are very overblown. I have no idea how some of these big operations running all new equipment are eating this depreciation and staying solvent. That said farmers can pencil anything if they put their mind to it.
I have a hard time buying into the repairs and downtime argument. Yes something could happen and put you down for weeks... but people rent tractors. Dealers or neighbors. They also sell them everyday. I'm not sure I could justify $100k in depreciation annually across several tractors so I could prevent a $70k breakdown that has a 5% chance of happening.
I think the sweet spot is 15 year old well cared for stuff, and have a slightly older backup if you're that worried about downtime.
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