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Switching from Green tractors to Red Used.
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pilgrim
Posted 5/24/2019 07:59 (#7517326 - in reply to #7517243)
Subject: RE: Switching from Green tractors to Red Used.



Pocahontas, IA

When you compound the interest on that 13,000 over the years of ownership there is no way the green was less.  Inflation and the cost of borrowed money.  So the money your dad put in the White got your family ahead over $11,000.  Smart man your dad.  My example is similar.  In 1973 dad bought a new 1066 instead of 4430.  I purchased 3 years ago a 3 year old 290 Magnum with 1800 hours for $87,000.  A similar Deere was $40,000 more.



Edited by pilgrim 5/24/2019 08:40




(inflation (full).jpg)



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