Very well explained. I wouldn't say I've thought as deeply about it as that. But I can't afford breakdowns (but can afford finance) so I recently went the New route on a truck and grinder.
New/used, it's a conundrum. I've got stories supporting both causes.
All I will say is if you buy used (bearing in mind huge sums of money can be saved) you better be "sympatico" with machinery.
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