Buying Advice anyone looked at how much per hour it costs to own a cut?

[smstonypoint]

I learned that lesson a long time ago as well. Other than the personal satisfaction of doing the work yourself, it's WAYYYYY cheaper to buy a restored Camaro than build one.

That's certainly the impression I get. I've watched several of the Barrett-Jackson auctions on TV and many of the cars seem to go for prices that would allow for only a pittance when it comes to the labor involved in restoration.

Steve

 

[King of the Road]

Who pays the repair cost if the business tears something up on the tractor?

I'll eat it.

Other than the personal satisfaction of doing the work yourself, it's WAYYYYY cheaper to buy a restored Camaro than build one.

Sure is!

 

[Poopdeck Pappy]

Edit: Duplicate post.

 

[Poopdeck Pappy]

Sure is!

View attachment 349304

Nice!! But you need a restored Mustang in order to be an equal opportunity hot rodder. :thumbsup:

 

[azkubotaguy]

I just started a tractor business, my goal is to have the tractor pay for itself within the 1st year. With my Kubota, Equipment Trailer, Insurance, Liability Insurance, Estimated Diesel Fuel Usage, Estimated Maintenance, Chains, Binders, Business Cards, Website, Filing LLC, etc. as of right now I am into this business for about $36,000.00, charging $75.00 an hour with everything it will pay for itself in 480 Hours of usage. So it breaks down to getting about 9-10 hours of work minimum per week and the tractor will pay for itself quite easy in the 1st year. In the 2nd year I will have Insurance, Liability Insurance, Fuel, Maintenance which I figure will run me about $3000.00 a year with the same goal of 480 Hours of Business, my 2nd year operating costs will be $ 6.25 an hour, so I should net $ 33,000 a year in the 2nd year or more. Obviously my business estimates are extremely conservative working only 9-10 hours per week. So goal of year one is pay for my upfront investment, and year two and beyond will be profitable years until the tractor is worn out, but I will probably trade it in every few years for warranty and tax write off purposes.

 

[brain55]

Roughly a job a day everyday seems a bit optimistic to me for just starting out. Unless you already have a bunch of work lined up and are in a very high demand area.

But then again when I started my equipment repair business in 2001 grossing $150k that first year kinda surprised me.

 

[azkubotaguy]

Roughly a job a day everyday seems a bit optimistic to me for just starting out. Unless you already have a bunch of work lined up and are in a very high demand area.

But then again when I started my equipment repair business in 2001 grossing $150k that first year kinda surprised me.

I stated above 9 to 10 hours a week, so really working 1 good full day a week is in my figures which is very realistic. I have already done 27 hours of work in the last two weeks and have 4 more jobs lined up, so I think I will be on track to outperform my minimum goal.

 

[brain55]

I stated above 9 to 10 hours a week, so really working 1 good full day a week is in my figures which is very realistic. I have already done 27 hours of work in the last two weeks and have 4 more jobs lined up, so I think I will be on track to outperform my minimum goal.

Im looking at the average over the course of a year. I may have been presumptuous in an average job being a couple hours. If your average job is 4-5 hours and you only have to do a couple a week that makes it a little easier.

 

[azkubotaguy]

Im looking at the average over the course of a year. I may have been presumptuous in an average job being a couple hours. If your average job is 4-5 hours and you only have to do a couple a week that makes it a little easier.

One job was 16 hours, another was 8 Hours, another was 3 hours - so they vary for sure.

 

[ovrszd]

I'll eat it.



Sure is!

Now ya did it, completely derailed this thread!!! Heheheheheh. Is the TransAm a big block?? Mmmmmmmmm,,,, gives me that warm feeling deep inside....