Ouch! A powerful statement that last one. And yes, we are generally talking the more physically (and sometimes legally) risky jobs here.AlanB said:Well, you know it, so there probably is not much more to say, At some point though, if you do not bid in enough to cover the cost of the equipment, you won't have it to do any more work with. I know you have probably thought that one through. Anyway, I know the feeling, we keep getting asked to do irrigation, but at this point, without hiring more labor, we cannot do what we already have on the books, so we keep resisting the temptation. It always seems that those jobs that you did not get, would have gone perfect, but the reality is often different.
Yeah, I hear you but that just doesn't cut it... unless maybe you are talking about those expensive track system conversion kits. The idea would be to get a true rubber-tracked machine with a very low CG and lots of stability for work in highly sloped areas where my tractor cannot safely go.AlanB said:All the tracked SS I have seen have been quite an investment, and honestly, if I did not have enough work coming in to where I was making money on top of paying the note on it, I would not bother. I would go wheeled, with add on tracks, but that may not cover the niche you are trying to hit.
Actually, rental rates start at $225 per day for a beat-up old RC-30 and go up from there. The smaller CATs start at $300 per day.AlanB said:I would figure out the cost lets say 25k for a used unit, then finance charges etc. and what the loan would be etc. Lets say they put you in one for $750 a month. I am thinking you could rent that machine at $200 a day (I do not know your area but you could here) So you would need to work that machine 4 days a month to start to come out ahead.
I appreciate that Alan. It is not an easy decision. It would have to be the right machine at the right price... no easy task. That's why I am here asking for input from you folks in the know. I did see a smaller decent used machine recently go for ~$17K. I'd have to be in that price range or it would probably never break even. Reality sucks.AlanB said:Honestly, are you turning down bids of 4 man days a month that one of those machines would let you get? And that would have to be EVERY month. Not trying to be the sour grape, but sometimes an outside view helps look at things clearer.
Dougster