As a small farmer, brand new agricultural equipment may still be out of your budget's reach, but you can often find excellent deals on used equipment. The following tips can ensure you don't regret your purchase.
#1: List the Features You Need
Before you begin shopping, sit down and list all the features that you need in the specific piece of equipment. You won't be saving any money, for example, if you can't attach the plows and other accessories you already own to a used tractor, no matter how good of a deal you can get on said tractor. By knowing exactly what features are necessary in the equipment you are shopping for, you can narrow in only on the used equipment that will actually fit your needs.
#2: Consider Upgraded Models
Although you don't want to skimp on necessary features, it can also pay to look at models that offer a little more than what you need. First, upgraded models, such as those with fully air conditioned cabs and electronic displays, often hold their resale value better. This means you can recoup more of your investment when they time comes to upgrade. Often, these upgraded models are also comparable in price to the more basic equipment models once you are shopping on the used market.
#3: Research the Brands
Take the time to read through farm reports and industry ratings to find the most dependable brands for the specific type of agricultural equipment you are shopping for. Make sure that the brand and models you are considering have good rankings and service records. This research can also help you know what specific problems to keep an eye out for when you are shopping the used equipment market.
#4: Schedule an Inspection
Never purchase used agricultural equipment without a full mechanical inspection. Everything from the tires and chassis, to the engine components and electrical boards, must be fully inspected. A skilled equipment mechanic can tell you what issues are easily repairable and which problems mean you should keep shopping.
#5: Know the Trouble Signs
Certain issues indicate that a piece of equipment shouldn't be purchased, no matter the price. The most obvious problem to watch for is rust and corrosion, particularly on the underside of the equipment and around any moving parts. Major engine and transmission problems are another deal breaker, as these components can be expensive to replace -- which erases any savings you may have realized by purchasing used.
Contact an agricultural equipment dealer for more help.
