Equipment Depreciation & Replacement Worksheet
A worksheet for thinking through machinery depreciation and replacement decisions, with lines for age, repair costs, trade value, and operator needs.
Download free PDF1 page, US Letter, prints clean in black and white
WorksheetMachinery & EquipmentFree PDF
What you fill in
- Machine and year
- Original purchase cost
- Current estimated market value
- Repair costs this year
- Downtime and missed work notes
- Operator comfort and safety concerns
- Replacement options considered
- Financing options to review
- Decision and reason
How to use this worksheet
Work down the lines and fill in what you know. Leave a line blank if you need to look something up, then come back and finish it.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with IRS and eXtension.
For more in this area, see the tractor and equipment guides. Between chores, farm.FM has farm humor, including Dairy Farm Replacement Parts Cost More Than the Tractor; Dealer Says the Bolt Comes With a Relationship, and farming farm stories.