Buying Farm Implements and Equipment for Large-Scale Operations

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Buying Farm Implements and Equipment for Large-Scale Operations

Farm implements and equipment include any type of large scale farming aids such as tractors, rotators, ploughs, harrows, and even fencing and gating. Purchasing this equipment requires careful thought and planning as many items can be expensive, and many are designed to last as long as possible, which means that choosing an option that is not quite right for the job might later result in having to purchase another option.

Farmers looking for farming equipment should check to see what they need based on size of land, type of land, type of project, and more. For example, anyone with a large amount of land to till might need a larger plough, while anyone with a lot of fence to put up might want to go with stake and wire fencing rather than very expensive solid pieces. Remembering the full application of the equipment, cost versus value, and the versatility of the equipment are all important when buying farm implements and equipment.

Decide Which Farming Tools are Needed

There are many different types of farm tools and implements, and all of them can be useful around a farm at some point in time. For some, a specific tool might be for the best, and for others, a more versatile tool might be a good idea. For example anyone with a very large field might want a rotating plough and a furrow plough, while anyone with smaller field might do well with just one item. Anyone who wants to put up fencing might require poles, wire, attachments, hammers, and possibly nails as well. Consider the full depth of the operation and then check for and purchase equipment accordingly.

Decide on a Budget for Farm Implements and Equipment

One of the first things to do before making a purchase is to set a budget on the equipment. Like most other products, farm equipment comes in a range of prices and, for the most part, the middle price range offers a good balance between cost and durability. Farmers can set a budget based on the value of the equipment to them, how often it can be used, and how long the equipment can be used. A harrower might only be used more than once or twice a year and should be relatively low on a budget list while, on the other hand, a tractor can be used year round and should be quite high on the list.

Leasing vs. Purchasing Farm Implements and Equipment

While this does not hold true with smaller items such as ploughs, fertilisers, hay rollers, mills, trailers, or even smaller tractors, some farmers might benefit from leasing rather than renting. Studies show that over a five year period, a lease can be more affordable than a purchase, mostly because it is not necessary to pay taxes on a leased item and the lease is tax deductible in most cases. For smaller items that cost less money to purchase but more to lease, or even for used tractors or threshers, this does not hold true. Most buyers should look into cost of purchase vs. cost of lease and calculate at least five years into the future. Another benefit of leasing is that it does not require buyers to have all of the money at once, which leaves the buyer free to purchase ploughs, harrows, mowers, toppers, sprayers, and other equipment that might be useful to own with a tractor.

Purchasing New vs. Used Farm Equipment

It is possible to purchase both new and used farm implements and equipment but farmers should look at used equipment with caution. Checking the mileage, expected life, condition, and what the equipment has been used for in the past can help to prevent pitfalls such as purchasing a used tractor only to find that it is in relatively poor condition. Usually, it is a good idea to avoid equipment that has been used with bucket loaders or in construction as both factors contribute to more wear and tear on mechanics and transmissions.

On the other hand, it is also possible to find gently used farm equipment for a good price, especially on online auction sites. Purchasing farm equipment at auction often means a lower price because the equipment has been devalued as being used. Some used tractors and farm implements such as seeders that are being sold might also be from a farm that is defunct, meaning that it is being gotten rid of for no other reason than that the farm is no longer in operation. In this case, purchasing used farm implements can definitely save the buyer money.

Consider the Practicality of Farm Equipment

Another consideration is that if a tool is more practical, it might be more worth a purchase. For example, anyone who needs a large farm tool for one large project might actually want to rent or lease rather than purchase. Paying the cost of a rental can be much more affordable than a purchase, especially if the equipment might only be used once. Conversely, anyone planning on using the same tool frequently and for multiple projects can definitely benefit from making a purchase. Most buyers can use the average expected use life to determine how much the equipment is worth. The following chart includes average expected equipment life but this can vary depending on the terrain, how the equipment is stored, and how well it is taken care of.

Farm Equipment

Average Life in Hours

Tractor

12,000

Crawler

16,000

Combine

2,000

Drill

1,000

Planter

1,000

Plough

2,000

Importantly, these numbers are estimates based on average replacement of the same machinery, and are rounded up to the nearest thousand. The estimated life can be used to determine the value, as well as to determine if it is better to lease or to rent, and to help decide between new and used equipment. According to estimates, tyres should be replaced every 2,000 to 3,000 hours or sooner, depending on the mileage, ground, and terrain so this should be calculated as well.

Ask Questions and Look Around

Anyone who is not necessarily familiar with the farm equipment needed for a certain project should try to ask as many questions as possible, whether by going online and asking sellers or visiting a local farmers' association and asking for help with equipment advice. Local agricultural institutions and groups, as well as local farmers, should be more than happy to give advice on the types of machinery necessary for an operation. On the same note, anyone who does not know anything about managing a farm should consider purchasing either books written by professionals or taking agricultural management courses. Both of these options can help to explain not only the necessary implements and equipment for large scale farming, but also on how to budget, the best options for paying equipment, and perhaps how to maintain it properly.

Check for Local Regulations

Importantly, some farming implements require training in order to be operated and handled safely. Check with any local regulations for driving and handling a tractor, especially when driving it on the road. Different areas often have much different regulations so it is important to check with a local city council, where it is also possible to get other advice for anything agriculture related. While not every area requires special training or certification, it is always a good idea to check.

Remember to Compare Options

Last but not least, remember to compare multiple models and types of the same farming equipment and implements in order to ensure that the one being purchased is a good deal. Remember that value of features can add a lot to the price, but also to consider whether or not the extra feature is worth extra money. Comparing new and used models is also a good idea but remember to also include expected lifespan into any calculations.

Buying Farm Implements and Equipment on eBay

Farmers from around the country put their farm equipment up for sale on eBay in new and used conditions, so it is possible to purchase almost anything you like. Some sellers are also international, but most of the large items available are from the UK, but it is still important to check the exact location as you may have to drive and pick up the equipment. Usually, you should also talk with the seller before making a purchase to determine pick-up or delivery, as well as to ask any questions you might have about the equipment.

Try looking up the exact farm implements you need for your operation and consider comparing multiple different options whenever possible. Sorting through the results to find the cheaper options can also be a good idea for anyone on a budget. Finally, after comparing options, features, and value, you can purchase your favourite option through eBay's checkout methods.

Conclusion

Purchasing farm implements and equipment requires careful consideration of the project, where the operation is going to be, and what equipment is needed for the project. From there, potential buyers should look at the value and practicality as well as the expected lifespan of each tool needed and then set a budget, decide between leasing and buying, and then decide between purchasing new or used. Each option has its own pros and cons so most buyers should choose machinery based on their specific situation.

Buyers can find advice for purchasing farm implements if they have no idea what they need for a specific project. After deciding on specific farm equipment, buyers can look for it in a farm and agriculture or large machinery lot, or choose to look on eBay for both new and used options. Purchasing, picking up, and using the equipment is then all up to the buyer.

 
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