rent or buy

[wheels6x2]

Hi All If your one farmer on his own are you better off to rent or by equment ?

[LoneManWolf]

Renting equipment is a waste of money. 90% of instances where you would rent equipment you are not going to make much beyond what the rental costs are unless you are on easy difficulty. The only time i'd say to rent something is if you want to test out the piece of equipment or job type to see if you like it and want to buy it. Other than that it's a waste of money.

[jasonharris2]

Originally posted by LoneManWolf:

Renting equipment is a waste of money. 90% of instances where you would rent equipment you are not going to make much beyond what the rental costs are unless you are on easy difficulty. The only time i'd say to rent something is if you want to test out the piece of equipment or job type to see if you like it and want to buy it. Other than that it's a waste of money.

buying cost a lot less
more up front but less on the back end of it

[ancienthighway]

The only time I'd consider renting is if I felt the piece of equipment was needed only one time for no more than one day.

As far as testing out equipment, start testing map, enable the money cheat on that map, and rent or buy to your heart's content to test equipment.

[margalus]

Buying it is much much better. The only time leasing is good is if you have a small one time job that you need some special piece of equipment for.

[Benny_]

I think it depends really. I have a few fields and no combine so when I have them all sowed up I rent a big harvester for one day and get all my harvesting done and leave it back. Then I can bale and sell crops etc. I did lease the self propelled cow feeder for a good few in game days though it was fairly cheap to do it and the cows have long since paid it off and I bought the feeder recently so all good.

[Skippy The Magnificent]

Leasing does have its uses and its place, in game and IRL. If you need a special piece of equipment for a specific job that is far and few between (like silage for example), then leasing makes sense.

If you're leasing equipment, like a combine, for a common task that happens on a regular basis, then after several leases/returns, the overal cost of what you spent in leasing wll be greater then the actual cost of purchacing the equipment, resulting in an overall loss of income in the long run.

The bottom line is this... Is this equipment going to get rarely used? If so, then leasing makes sense. If its going to get used on a regular basis, then purchasing it is more cost effective in the long run.

[Alshain]

Small, cheap items that you will use infrequently can be better to lease and return. It depends on how often it gets used.

However, I would almost never lease a combine or tractor, except in the begininng when the maintenance on the initial Case Axial Flow is actually higher than the lease price. First thing you should do when starting in goldcrest is sell that thing and lease an identical one. The initial costs are less than the sell price and the daily fee is also less than the maintenance costs.

[margalus]

Originally posted by Benny_:

I think it depends really. I have a few fields and no combine so when I have them all sowed up I rent a big harvester for one day and get all my harvesting done and leave it back. Then I can bale and sell crops etc. I did lease the self propelled cow feeder for a good few in game days though it was fairly cheap to do it and the cows have long since paid it off and I bought the feeder recently so all good.

Harverster: $54,120 up front to sign the lease papers, then $24,600 per hour to use it... That is going to add up real fast. Maybe 5 or 6 harvests and you could have bought it and owned it..

[Benny_]

Originally posted by margalus:

Originally posted by Benny_:

I think it depends really. I have a few fields and no combine so when I have them all sowed up I rent a big harvester for one day and get all my harvesting done and leave it back. Then I can bale and sell crops etc. I did lease the self propelled cow feeder for a good few in game days though it was fairly cheap to do it and the cows have long since paid it off and I bought the feeder recently so all good.

Harverster: $54,120 up front to sign the lease papers, then $24,600 per hour to use it... That is going to add up real fast. Maybe 5 or 6 harvests and you could have bought it and owned it..

Well I didn't lease the harvester you are talking about because it didn't cost anywhere near that amount. Don't worry I did the sums and for where I was at in the game it worked out well for me to lease it when I needed it. I required the harvester to get straw which I needed to keep the cows fed and bedded. Obviously it is better to buy but it is very hard to earn enough money to buy one outright.