Nige
Senior Member
All that pales into insignificance when you start buying big trucks by the dozen at $3 million a pop........
All that pales into insignificance when you start buying big trucks by the dozen at $3 million a pop........
How exactly does that comment contribute anything to the topic? How many dozen 3 million dollar truck deals have you closed lately?
How exactly does that comment contribute anything to the topic? How many dozen 3 million dollar truck deals have you closed lately?
some of the old timers my speak up but what i've always heard and tried to operate by is if you don't have at least half your fleet paid for you going broke fast.
The only way a small operator, like me, can make it in this business is having some paid for machines working along side machines with a payment. Theory being is the paid for machines make up the difference in the machine with a note. Good business decisions follow that the paid for machines will make a profit during their useful life in order to renew your fleet with newer equipment that has a note. The balance between work, A/R and making equipment notes is both science and art.
Being a small excavation contractor is tough, ya' gotta be crazy to be in this business but crazy makes life interesting.
I lease all my big equipment for roughly nine months of the year and then shut down in the winter. It doesn't make sense to have $3,000,000 in equipment sitting idle and making payments when I legitimately can't work. I think leasing is the way to go.
I tend to work hardcore in a seasonal rotation, where I work Spring, Summer and until roads freeze and become dangerous in the winter.
I hear ya. Leasing can be a nice tool to fill a need for iron and makes sense in your situation..
Luckily we don't have icy winters, just wet, so we slog through it. Everyone wants to start their projects at the end or the first of the year. Back when the weather was nice and dry a few months ago, projects were on hold. Now the rainy season sets in and I have a fast food and an auto parts site going at the same time.
You used to be able to just add 3 zeros to the end of the machine prefix and come pretty close to the price, now its like add 3 zeros + $30,000 extra
This is why Cat is more expensive.....(that was sarcasm)
JD 160 = $160,000
Cat 315= $315,000
You used to be able to just add 3 zeros to the end of the machine prefix and come pretty close to the price, now its like add 3 zeros + $30,000 extra
This is why Cat is more expensive.....(that was sarcasm)
JD 160 = $160,000
Cat 315= $315,000
I have officially lost faith in humanity.........ointhead