New Holland LX985: Keep or Buy New? A Detailed Evaluation

[MikePhua]

When faced with the decision of whether to continue using an older machine or invest in a new one, many operators of construction and agricultural machinery wrestle with both the immediate financial cost and the long-term benefits. The New Holland LX985, a well-regarded skid steer loader, is no exception. This article delves into the pros and cons of keeping an older New Holland LX985 versus buying a new machine, analyzing factors like performance, cost, maintenance, and the evolving demands of the industry.
Overview of the New Holland LX985
The New Holland LX985 is a powerful skid steer loader designed for various construction and agricultural applications. Known for its versatility, the LX985 has a 72-horsepower engine and is capable of handling a wide range of attachments. It is equipped with a two-speed hydrostatic transmission, which provides increased operational efficiency and allows it to be used in a variety of environments. Despite being an older model, the LX985 has earned a reputation for reliability, especially when properly maintained.
Key Considerations: Keep the LX985 or Buy New?
When deciding whether to keep or replace the LX985, operators should consider several critical factors, each of which can have a significant impact on productivity, costs, and future needs.
1. Maintenance Costs and Repairs
Old Machine:

• Older machines, like the LX985, may have lower upfront costs compared to new machines, but the maintenance costs can increase significantly over time. Common wear and tear issues on the LX985 might include hydraulic leaks, engine problems, and issues with the loader arms and lift cylinders.
  
• As machines age, it becomes harder to find replacement parts, and when parts are available, they can be more expensive. However, if the machine has been well-maintained, it can continue to perform adequately for several more years.
  
• A major repair, like a transmission or engine replacement, can cost as much as a down payment on a new machine, forcing the owner to weigh the cost of the repair versus the cost of a new investment.
  

New Machine:

• Newer skid steer loaders, on the other hand, are less likely to require frequent repairs, as they come with manufacturer warranties. These warranties typically cover parts and labor for at least the first couple of years.
  
• However, as with any new machine, the cost of the machine is higher, and some models may come with hidden costs such as maintenance contracts, extended warranties, and optional equipment. It's crucial to consider the overall cost of ownership, not just the upfront price.
  

2. Productivity and Performance
Old Machine:

• The LX985, while powerful, might not be as fuel-efficient or as fast as newer models. Over time, the wear on the engine and transmission could reduce performance, making it less efficient for daily use. If you're using it for heavy-duty tasks or high-volume work, the decreased productivity might result in longer project completion times.
  
• Additionally, older machines can be more prone to breakdowns during operation, leading to unexpected downtime, which affects overall productivity.
  

New Machine:

• A new machine will undoubtedly offer enhanced features, better fuel efficiency, and improved performance. With modern technology, new loaders often come with upgraded engines, better transmission systems, and more advanced hydraulic systems, making them faster, more fuel-efficient, and more reliable.
  
• Newer machines also feature updated safety systems, better operator comfort, and improved ergonomics, which can lead to increased productivity over long shifts.
  

3. Safety Features
Old Machine:

• Safety is always a priority in construction and agriculture, and while the LX985 does include safety features such as a rollover protective structure (ROPS) and a well-designed operator’s cabin, it may lack some of the more modern safety innovations found in newer models.
  
• Older models may also have outdated control systems that can make the operator’s job harder, leading to slower response times and potential safety risks.
  

New Machine:

• Modern skid steers are equipped with advanced safety features such as stability control, improved ROPS, advanced monitoring systems, and more responsive control systems. These updates provide the operator with greater safety and ease of use, especially in tough or hazardous working conditions.
  
• New machines often come with features like backup cameras, improved lighting, and seatbelt sensors, all contributing to a safer working environment.
  

4. Technological Advancements
Old Machine:

• The LX985, as an older model, lacks the cutting-edge technological advancements of new machines. This could include things like telematics, GPS, machine diagnostics, and automated performance tracking.
  
• Without these modern technologies, it may be more difficult to track machine health, fuel usage, and other critical performance metrics.
  

New Machine:

• Newer machines, on the other hand, often come with built-in telematics systems that track everything from fuel consumption to maintenance intervals. This allows operators and fleet managers to remotely monitor equipment and catch issues before they become major problems.
  
• These technologies help optimize fuel efficiency, reduce downtime, and improve overall machine longevity.
  

5. Financial Impact
Old Machine:

• Keeping the LX985 for several more years can be a more budget-friendly option in the short term, especially if the machine is still running efficiently and doesn’t require major repairs.
  
• However, it’s essential to keep in mind that older machines lose value over time, and in the case of frequent breakdowns, the cost of repair could exceed the value of the machine.
  

New Machine:

• While the initial cost of a new machine is much higher, the overall financial impact can be mitigated by the reduction in repair and maintenance costs, improved productivity, and the value of having a more reliable machine.
  
• Financing options are available for new machines, and depending on the dealer or manufacturer, you may be able to negotiate favorable payment terms.
  

6. Resale Value
Old Machine:

• The resale value of a New Holland LX985 will be relatively low, especially as it ages and accumulates more hours. However, if well-maintained, it may still offer some value for resale or trade-in.
  

New Machine:

• A new machine will retain its value better, especially in the first few years, and could provide a higher resale price when it's time to upgrade.
  

Making the Decision: Keep or Buy New?
Deciding whether to keep the New Holland LX985 or buy a new machine depends on several key factors, including your specific needs, budget, and the condition of your current equipment. Here are some questions to ask yourself:

• What is the current condition of the LX985? If it’s in good shape with no major mechanical issues, it may be worth keeping for a few more years.
  
• How often does the LX985 require repairs? If maintenance costs are rising and downtime is increasing, it may be time to replace the machine.
  
• Do you need the latest technology or features? If your work environment demands up-to-date machinery with advanced features, investing in a new machine may be more beneficial.
  
• What is your budget for a new machine? If funds are limited, it may make more sense to keep the LX985 and continue using it until it is no longer cost-effective to maintain.
  

In conclusion, keeping the New Holland LX985 may make sense if it is still operational, properly maintained, and suits your workload. However, if frequent repairs are eating into your budget, or if you need improved performance and modern features, buying a new machine could provide better long-term value. Whether to keep or upgrade ultimately depends on balancing the costs of ownership with the demands of your work.