Loaning out stuff...

[bgott]

People operate on the three day rule around here...if they borrow it and you don't come get it back in three days, it's theirs! You loan something to them and they lend it to their brother- in -law, he pawns it for crack, it's not their fault! You are expected to take it up with the BIL. I have people want to borrow my 7 1/4 inch saw. I dig out the ugly but serviceable Skil saw someone left in a rent house when they moved. The borrower cops a crappy attitude because they want to borrow the Milwaulkee. I lent out my previous sewer machine. The one that disappeared, I think one of my "friends" "borrowed" it when I wasn't home and "forgot" to return it. Anyway, I lent it out and then didn't use it for six months. When I tried to use it again, I found out that the last person to use it had done it in reverse, unravelling and kinking the cable. I have yet to figure out how they managed to shove the cable back in the drum, I know I durn near couldn't get it back out. These are just a few examples of my loaning experiences. If someone needs a piece of my equipment now it's either "NO!" or I go use it for them.

 

[Tractors4u]

Funny thing about pressure washers is that that are a magnet for people who want to borrow things. I bought mine after a friend offered me the use of his. Now people want to borrow mine all the time. It now doesn't run good, has a leak, and 2 bad burns in the hose.
A guy at work wanted to borrow mine and while I was putting him off his neighbor bought one and he told me never mind that his neighbor had a bigger one he was going to use. Even after I warned him about being careful not to get the hose next to the muffler he did it anyway. The guy came back to work complaining because his neighbor hit him with a $50 bill for the expense of a new hose. Then he asked me if there was a way to fix the hose, I said sure but you should buy your neighbor a new one since you burnt his new one.

I only loan to those that I am sure that they know what they are doing.

 

[CSAW]

I don't like to borrow or loan my stuff, although sometimes it only makes sense.

If you loan someone something or borrow something make sure a third party knows about it. Several years ago I loaned a kid a couple of jack stands so he could work on his car. He ended up getting killed. (Nothing to do with car or jack stands) Please don't think I was more concerned with the stands than the kid. Just making a point. I'll be darned if I would go to his mother and ask for them back after that. Jack stands aren't that much and were not a big concern at a time like that, but, it could just as easily happen with a bigger item or a large amount of money.
My father and I were in business together and would always inform each other of deals we made with others just in case something happened.

BTW I loaned my pressure washer to my sister in law a while back to do a little job. Turned into a two solid days, entire house and part of driveway before it blew. Never checked the oil. It was a small cheapy, but I never had any trouble with it. I always checked the oil every couple of tanks of gas. I got it back with a locked up engine.

 

[frank_f15]

it really comes down to an individual thing. what are u loaning and to whom? one guy i would lend my tractor to(he has one but if he needed it) and another guy i would not lend a dirt shovel to. it really is a decesion based on what u are lending and to whom. no set rules as i see it.

 

[Gary_in_Indiana]

The things I've found to be my biggest "borrower magnet" are my little F-450 dump trucks with the snow plows. In the winter, everyone wants to plow with them. In the summer it's hauling everything from trash to mulch to sand or gravel.

I'm amazed at how the most casual acquaintance will, upon learning I have something like this, rather assumptively say, "Really? I may want to borrow that sometime" as though it's a foregone conclusion I would loan it to them.

The good news with something like that is that it's easy to play what I call the 'insurance/liability card' with them. I simply say that my insurance won't cover something like that. I even had one guy go so far as to say his insurance would cover him in an effort to trump my excuse.

"Fine," I said. "Get me a binder showing $10 million liability coverage with zero deductable on comp and collision, $5,000 cash to cover any mechanical repairs and we're all set."

He must not need it yet. He hasn't asked me about it since. /forums/images/graemlins/grin.gif

 

[SteveBenson]

>I'm amazed at how the most casual acquaintance will, upon learning I have something like this, rather assumptively say, "Really? I may want to borrow that sometime" as though it's a foregone conclusion I would loan it to them.

It's the growing socialist attitude in this country /forums/images/graemlins/shocked.gif

Oops, that may have bordered on a political violation.

 

[MikePA]

<font color="blue"> Oops, that may have bordered on a political violation.</font>
No 'bordered' about it. /forums/images/graemlins/frown.gif

Let's keep the discussion on the topic of loaning stuff out and leave the hypothetical reasons why to another web site. /forums/images/graemlins/cool.gif

Mike The Moderator. /forums/images/graemlins/grin.gif

 

[jhburke]

As I have said in another post. There is some things that I will loan to others and there is only a few people I will loan them. The people I loan to are the same people I will occasionally borrow from. This is because we all believe the same. If you break it, you fix it or you repace it. I am now able to afford alot of things I couldn't as a young man. I now have alot of tools but I need physical help more often. /forums/images/graemlins/frown.gif So it works out.

 

[jhburke]

I use the trump often myself. What gets me is the ones who what to use tools that you make your living with and don't even consider the fact. That not only are they taking away the chance of income but taking away the tools to make an income.

 

[Tractors4u]

Your dump trucks sound like my dozer. Hey I need to borrow that dozer. Do you know how to run a dozer? No, can't be that hard! Sorry I don't have a trailer to get it there. I can drive it to my place!