Well, I realize I may only get the "price what you are comfortable with" answers, but ask I shall. I am looking mostly for equipment for personal and farm use only. However, I have realized older and good wont happen. People don't take care of stuff anymore. For this reason I may need to get newer and do some work to help pay for the large expense. I am mostly looking at 25-35T excavators. I also have a D7 dozer.
I do math for a living so I have no issue working numbers but I have no idea how people quote, and what wage is typical. I realized in manufacturing, people just straight up lied to me, and that is fine. Told me a machine should make $60/hr..... At that rate, if anything on a machine broke, I would never afford to fix it, and that is on OLDER equipment!
What I learned was to determine how quickly people pay off equipment, and that gave me a MUCH bigger clue!
I would be selective in work I take, reduce liability, and focus on jobs that optimize my equipment. I am just trying to figure out where the optimal zone will be, and what that rate might look like to see if this would make sense.
I do math for a living so I have no issue working numbers but I have no idea how people quote, and what wage is typical. I realized in manufacturing, people just straight up lied to me, and that is fine. Told me a machine should make $60/hr..... At that rate, if anything on a machine broke, I would never afford to fix it, and that is on OLDER equipment!
What I learned was to determine how quickly people pay off equipment, and that gave me a MUCH bigger clue!
I would be selective in work I take, reduce liability, and focus on jobs that optimize my equipment. I am just trying to figure out where the optimal zone will be, and what that rate might look like to see if this would make sense.