Combines Machinerylink Good or BadIJ

[Deerebines]

I guess I don't understand something in your post. Why, if you have traded every year are you willing to now part with a 1 year old combine just to lease a machine for a 3 year periodIJ Wouldn't the wise thing be to keep this machine for 3 years, use up some of the equity you already have in it, and then sell and lease a new one for the projected 3 yearsIJ I don't have any advice for you concerning Machinery link other than I think they lack in numbers for machinery. Just your post throws a red flag to me at what you wrote.

 

[gpd]

I have heard what they charge.It seems a little high.Woudn't it be cheaper to hireIJ

 

[j]

I'll try to clarify here.... It cost around 30 this year to trade for a new one. 27 last year, 24 year before that, probably 34 or so next year. I have around 90 in equity in the machine right now. Deere no longer has interest free money, so I'm thinking instead of paying interest on a 100 or so, why not sell my year old machine, put me equity to other uses, and pay about 31 locked in for the next three years. It won't nessarily be the same machine each year, it could be a new one (probably not) or a different one or two year old machine. At the end of the three year commitment to Ml, I can either renew with them, or buy another combine from local dealer. Either way, my cash outlay for the next three years is same with Ml, not going up 10% _ yr with dealer. Hope this better illustrates the situation! Thanks, Hank jonesey7@excite.com

 

[boog]

I have never dealt with Ml so the only thing I know is what I have read. There have been a couple interviews lately in the farm mags with guys who are dealing with Ml (maybe Ml underwote the expense of this article, who knows). Anyway, the 2 farmers interviewed seemed to have positive comments. The one thing I did notice that both said they were a week to 10 days late getting their combines due to wet weather delaying harvest for the previous leasee. Don't know about you but I wouldn't be a happy camper if I had beans ready to cut and no machine to run. I positive that both mentioned that the machines were ready to roll when delivered and that Ml was on top of getting then repaired when needed.