New or used equipment? A question that could be worth a million

Every farmer, regardless of the size of their land, knows that high-quality agricultural machinery requires significant investment. While some do not attach importance to the age of the equipment and opt only for used machinery to save money, others, conversely, prioritise machines that have recently left the factory.

However, is this a question of luxury? And does newer technology always mean greater luxury? Let's examine more aspects behind the price. 

When will used equipment cost you more?

If the primary assessment criterion were the purchase price, then used equipment would always be a more attractive option. However, the sum we spend at the moment of purchase is only the initial part of the investment. Over time, when assessing the return on investment of equipment, we must also consider repair costs, losses incurred due to breakdowns, and the overall productivity of the machine. Therefore, it should be acknowledged that in these respects, “second-hand” equipment has several significant drawbacks.

  • Warranty service

When you purchase used equipment, you lose the opportunity for quality warranty service, and with it, responsibility for the equipment's condition. Even if the reseller offers a certain period of service, it will not match the manufacturer's standards in either duration or quality. By purchasing new equipment from an official representative, you are always guaranteed professional service, free periodic checks, and prompt resolution of any potential problems.

  • Paramount

It is no secret that EU and other funds support agricultural development, and for most farmers, this is the primary means of renewing their equipment. As EU support is directed towards ecological objectives and the modernisation of agriculture, funds are usually provided solely for the purchase of new equipment equipped with the most innovative sustainability technologies.

  • Service and operational assistance in case of breakdown

The mere thought of a vital piece of equipment breaking down in the middle of peak season probably sends a cold sweat down any farmer's back. The cost of repairs pales in comparison to the losses incurred at such moments, assuming qualified help is even available in the near future. By purchasing from an official dealer (in this case, we're relying on Ivabaltė's practice), you receive original parts and assistance from master technicians professionally trained by the manufacturer, available 24/7, wherever you may be. It's questionable whether you can expect that from a „garage“ mechanic.

  • Technological advancement

It's difficult to ignore the fact that with newer technologies, you can accomplish more, faster, and save a considerable amount on costs – especially for owners of larger estates. Also, consider that while you're weighing your options, others are already benefiting from these technologies and moving a step ahead. Therefore, if new equipment helps you work more efficiently every day, saving on costs and time, then it's worth spending money on such an investment.

 

Used equipment can be a suitable solution when there is a need to reduce costs.

Certainly not if you have a lot of arable land. Well, if you own or manage small plots, second-hand machinery can be a suitable solution, but with a few conditions – if you have a good understanding of the criteria for suitable equipment or can consult a reliable and impartial specialist.

Often, interested parties tend to gloss over or conceal the flaws of used devices, which can be difficult to spot from the outside, especially if the brand is unfamiliar. Therefore, a guaranteed recipe for a successful purchase would be to always choose well-known, reliable, and time-tested manufacturers.

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