Lazy Sod
Member
- Location
- Warminster Wiltshire
Perhaps @Bossfarmer might consider keeping the existing machines and putting the money into his pension fund to get the tax relief.
All the 0% deals advertised are really a way of bringing the price down while not actually reducing the list price!
Equipment in stock at dealers might get cheaper as dealers try to stay afloat but if demand for new reduces manufacturers will just reduce output at factories, lay off shifts etc.
If demand disappears completely due to everyone switching to benefits, dealers will go broke, and manufacturers will exit the UK and concentrate on other markets.
The assumption on here is that everyone else is making a fortune and will just reduce prices, I don't think that's true.
Not so sure. In a £100,000 after discount new piece of equipment how much has the dealer got in it? My guess is 10%? I recently had a quote for a tractor and it was £99,950.The assumption on here is that everyone else is making a fortune and will just reduce prices, I don't think that's true.
I think you are assuming a lot there but ok.Not so sure. In a £100,000 after discount new piece of equipment how much has the dealer got in it? My guess is 10%? I recently had a quote for a tractor and it was £99,950.
My trade in sold privately I know is worth at least £30,000 but more likely about £32,500 as I’ve enquired about similar machines in private ads. They don’t hang around very long if tidy like mine is.
The dealer who quoted me £99,950 for a new one offered £20,000 for mine which he didn’t want to divulge initially.
So in just my deal I think he’s looking for around £22,500 income.
Of that he’s got to service/warranty my trade in and resell. With regards to my new purchase then his costs are his overheads because of the manufacturers warranty on it.
Needless to say I walked away from said deal because I know everybody needs to make money but he has annoyed me a lot with this. I’ve traded with them many times over the years but I think I’m done. I’ll buy nearly new out of his territory from anywhere else and sell mine privately and should I get a warranty claim on the nearly new then it’s upto the manufacturer to decide who does the work.
You are allowed to pay into a pension scheme until you are 75, even if you've retired and getting pension from a previous pension you've paid into.Not if you’re sixty seven it ain’t.
what happens if hed bought the fendt though and went to swap it? he wouldnt have that kit to sell?Problem is when he comes to swap the Massey in he will have to swap the plough press and the combi to be able to afford to buy another one…
The point is he wouldn’t need to sell anymore kit as the fendt wont depreciate as much…what happens if hed bought the fendt though and went to swap it? he wouldnt have that kit to sell?
Christ, you sound like my accountant!You are allowed to pay into a pension scheme until you are 75, even if you've retired and getting pension from a previous pension you've paid into.
Add in the fact that you can claim any unused allowance contributions from the previous 3 years, and paying into a pension is still sweet.
Unless it's a DB Pension, then it's just a pot of money in a DC pension or SIPP - so your relatives can benefitWhat happens a pension when you die? Does it go to your spouse or is it just lost?
Not so sure. In a £100,000 after discount new piece of equipment how much has the dealer got in it? My guess is 10%? I recently had a quote for a tractor and it was £99,950.
My trade in sold privately I know is worth at least £30,000 but more likely about £32,500 as I’ve enquired about similar machines in private ads. They don’t hang around very long if tidy like mine is.
The dealer who quoted me £99,950 for a new one offered £20,000 for mine which he didn’t want to divulge initially.
So in just my deal I think he’s looking for around £22,500 income.
Of that he’s got to service/warranty my trade in and resell. With regards to my new purchase then his costs are his overheads because of the manufacturers warranty on it.
Needless to say I walked away from said deal because I know everybody needs to make money but he has annoyed me a lot with this. I’ve traded with them many times over the years but I think I’m done. I’ll buy nearly new out of his territory from anywhere else and sell mine privately and should I get a warranty claim on the nearly new then it’s upto the manufacturer to decide who does the work.
Not so sure. In a £100,000 after discount new piece of equipment how much has the dealer got in it? My guess is 10%? I recently had a quote for a tractor and it was £99,950.
My trade in sold privately I know is worth at least £30,000 but more likely about £32,500 as I’ve enquired about similar machines in private ads. They don’t hang around very long if tidy like mine is.
The dealer who quoted me £99,950 for a new one offered £20,000 for mine which he didn’t want to divulge initially.
So in just my deal I think he’s looking for around £22,500 income.
Of that he’s got to service/warranty my trade in and resell. With regards to my new purchase then his costs are his overheads because of the manufacturers warranty on it.
Needless to say I walked away from said deal because I know everybody needs to make money but he has annoyed me a lot with this. I’ve traded with them many times over the years but I think I’m done. I’ll buy nearly new out of his territory from anywhere else and sell mine privately and should I get a warranty claim on the nearly new then it’s upto the manufacturer to decide who does the work.
Especially fuelled buy discounted russian oil / gas ,I would not expect any serious price changes from the current levels.We had a review of tractor manufacturing worldwide a few weeks ago and surprise surprise " India is on course to exceed the building of ONE MILLION tractors per annum in excess of 40hp".
this year.
You are probably right but i'm on the doorstep of retiring and idon't want to be baffled by some of the bull***t going around,.What with the way theChrist, you sound like my accountant!
Might as well delay taking my state pension for a few more years too: be a much higher weekly payment when I’m dead.