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Fair price? Do I need a backhoe?

5792 Views 46 Replies 27 Participants Last post by  Volkemon
New user, but been lurking for the past couple of years trying to decide what to buy.

I know value and worth are personal, but I'm trying to decide if I should buy a used tractor or wait and get a new one.

I found a 2016 1025r with a loader, backhoe, and 54" mower. It's at a dealer asking $21k. Has right around 150 hours and looks in very good condition. I'm in the Midwest. I think a new one configured the same will be around $26k. 2.9% for the used one and 0% for the new as far ss financing goes.

I have 10 acres of mostly woods with about an acre of yard around the house. I have a gravel driveway to maintain, but I already have a plow on my side by side for snow removal. I need to run some drainage lines around 150' which is my justification for the backhoe to the wife, but I'm sure I will find other uses once I have it. I could also rent a small track hoe for a day and be a few thousand ahead.

Again, I know it's a personal decision, but what has been your experiences? Does the backhoe get used a much a you would like? Or should I skip this one and save quite a bit of money that I can use on other implements?
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"Again, I know it's a personal decision, but what has been your experiences? Does the backhoe get used a much a you would like? Or should I skip this one and save quite a bit of money that I can use on other implements?"

All in so far, 14 months and about $28000 spent with 260 hrs., it costs me about 108 bucks an hour. Project that out to next year at this time it's only costing me 50 bucks an hour. That's if I don't buy more stuff..., and if you look at it that way.

I have the loader, backhoe, tiller, forks, posthole from Deere and box blade, landscape rake from RK also a set of ag tires on rims from amazon.

That's how I sell it to myself, use it while you got it cause you can't take it with you.

Edit I also bought the hydrosplus kit so add another $1300 to the total and bump the hourly cost up a few bucks.
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