There is no denying that farming is one of the most machine intensive industries today. However, as a farmer, you cannot afford to buy every type of machine that is available on the market. You need to make wise purchasing decisions.
Should you buy or lease diet feeders? Everything you need to know to help you make up your mind
A diet feeder is a machine that is highly sought after by farms all over the country and indeed the world. It is extremely beneficial as it helps to improve the quality of beef and yield. This is a machine that will ensure all of the feed is mixed thoroughly so that the cattle and/or other animals receive the correct amount of nutrients. Without a machine, it would be impossible to achieve such precision. Moreover, diet feeders also help with the transportation and storage of feed and therefore they help farm managers to run their farm a lot more efficiently as well.
When you take a look on the Internet you will see that you have an abundance of different options to choose from when acquiring this type of machine. One thing you need to consider is whether to actually purchase the machine or whether you should actually lease it instead. There is no right or wrong answer when it comes to making this decision. You simply need to determine what is going to be right for your farm specifically. If you buy the machine outright you will have complete ownership of it. When leasing a diet feeder you will pay the owner for the exclusive use of the machine for a particular period of time. You will typically pay them either on a monthly, quarterly or yearly basis, depending on what you have agreed upon with the company.
There are benefits and drawbacks associated with both options. If you elect to buy the machine outright you will, of course, have the added advantage that the machine is yours and therefore you have something to show for your money. Your business will have unrestricted access to the machine for as long as it functions as well. It is yours to do exactly what you want to it. A lot of people prefer this option, as they feel like leasing is simply paying money for something when essentially you are going to have to give the diet feeder back at the end of the day.
However, leasing may be the only option for some people. Some farmers may not have the funds available in order to be able to afford the huge outlays that are associated with buying a diet feeder outright. Moreover, they may not be applicable for the financial aid a lot of farm managers receive when they wish to purchase a machine. It, therefore, may seem much more attractive to pay a set amount every month. Not only will this be cheaper but it will be easier to manage as well. Let’s not forget the fact that you will not have to fund repair costs and such like as well. However, you will still need to spend on farm security to ensure your machines are secure, no matter whether you buy or lease. But it will be the responsibility of the company you have hired the machine from to deal with repairs. Leasing is also a good option if you are unsure regarding whether this is a machine that is right for your farm. You can consequently lease the diet feeder on a short term basis in order to monitor its impact and determine whether it is worth purchasing afterward.
To conclude, hopefully, you now have a better idea of both purchasing and leasing diet feeders. When it comes to making your decision you simply need to determine what is going to be right for your unique situation – your farm and indeed your budget. Once you have made up your mind you are assured to find many different companies catering to your demands, with an abundance of different diet feeder machines to select from. Indeed other factors to be considered include the likes of brand, size of machine, price, quality and such like.