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Buy a UAV now or wait for the latest and greatest technology?

Buy a UAV now or wait for the latest and greatest technology?
Chad Colby says there comes a time when it makes sense to jump in and get your feet wet.

The question was bound to come up at a meeting where farmers and FFA members listened and watched as Chad Colby explained features of unmanned aerial vehicles and then flew the UAVs. If you are considering buying a UAV, should you buy now or wait until all this great technology that people like Colby describe is incorporated into new models?

Colby is general manager of Central Illinois Ag, a Case IH dealer in Atlanta, Ill., and a self-taught expert on UAVs and how to fly them legally. He appeared at a "drone school" sponsored by four county Farm Bureaus in west-central Indiana.

“My advice is to by now, learn how to fly and get valuable experience,” Colby says.

DIVE IN! UAV expert Chad Colby says if you wait for the "next great thing" to come out in UAVs, you will never buy one. New things will continually be released.

Use the analogy of picking the right time to buy a new car. If your grandfather had waited to upgrade until he thought the latest model produced finally had all the latest and greatest features, he still would have been driving a Model T Ford when his friends were tooling around in Mustangs.

Here are three reasons why Colby suggests buying a drone now. And as a disclaimer, he doesn’t sell UAVs!

1. New technology will keep coming.

What you’ve seen so far in advancements in drone technology in agriculture is likely the tip of the iceberg, Colby explains. Yes, cellular technology that greatly enhances data delivery could be available in as soon as 12 months. But if you wait for it, you’ll miss out on a year’s worth of learning how to fly and a year’s worth of data you could collect.

2. There's no perfect time to pull the trigger.

The most popular UAV sold today is the Phantom Series from DJI, Colby notes. Many people still fly Phantom 2 models. Phantom 3 models are out there and Phantom 4 models are now available. “Should you wait for the model 5?” Colby asks. “If you do that, maybe you should wait for the model 6. They will be here sooner or later. The point is that improvement in this technology isn’t going to stop. 

“There is no magic right time to buy one if you haven’t already. At some point, you just need to buy one, use it, and then worry about upgrading later, after important new technology becomes available.”

3. Upgrade now while current model still has resale value.

This applies if you already have a UAV and are wondering when you should upgrade to the next technology so you can do more and do it more efficiently. Suppose you have a Phantom 2, Colby says. You can likely still get a decent resale price, and put that money toward buying a newer model. At some point, Phantom 2 models won’t have much value, he adds.

“There are many UAVs out there from other companies that people paid lots of money for that are basically worthless today,” he says. “Their resale value is zero. Technology already passed them by. You don’t want to be that person.”

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