Value depreciation over time
Machinery is one of the most important investments, but they lose value over time. Depreciation based on accounting principles can be up to 20% per year. Market depreciation is about 12-16% per year, with greater depreciation in the early stages and less in the later stages of the machine's lifespan. How do you take control to avoid unnecessary depreciation and a shortened lifespan?
Extended lifespan
We understand the importance of a service logbook for a personal car, so why not for your agricultural machinery? History and regular maintenance are essential to extend the lifespan and, consequently, the value of the machines. So, why not apply the same principles in agriculture? For newer tractors, there is often a service logbook, but it only covers the service done by the workshop, not the daily maintenance performed on the farm, which is crucial for wear and tear and thus resale value. For implements, there is rarely a service logbook, but a well-documented service log can provide you and your potential buyers with confidence and insight into the condition and history of the machines. Learn more about the maintenance service here.
Increase resale value
Machines that receive proper care, maintenance, and regular servicing last longer and have a higher resale value. A machine with documented service history is attractive to buyers, especially in online auctions. Have you considered that a well-documented service logbook can make the difference between a successful transaction and a less successful one?
Efficient maintenance
Preventive maintenance is crucial to keep the machines in top condition and avoid costly downtime. By coordinating maintenance work between the farm and the service workshop, you can maximize the performance of the machines. Prioritize the most critical tasks, follow recommended maintenance schedules, and involve other machinery-savvy individuals with experience in each machine. This way, you can ensure that your machine fleet is ready when needed most, increasing your farm's productivity and profitability.
