Loaning out tractor/implements

[Soundguy]

that is the kind of reason why I don't loan equipment without me going with it anymore..

soundguy

 

[JoelD]

I will loan tools to friends only if trusted currently that is just one person

Tractor truck trailer boat etc only to my brother and no one else although he rarely takes me up on it usually we'd be doing what ever it is together

Joel

 

[keeney]

I kind of have the opposite sentiment of many here. I am happy to loan out my truck, trailer, tractor, other tools, but "labor" is not necessarily included, and generally neither is delivery. In other words, if they want to drive over, pick up the stuff, and get it returned in good working condition before the next time I need it, without taking up too much of my time (other than shooting the breeze over a beer or two at the end of the day when they return it) I am happy to loan it.

If they want me to come help with the project for the weekend, that is when the real favor starts to kick in.

When stuff gets returned broken or missing pieces - generally, people are pretty good about at least offering to pay for parts...

- Rick

 

[Duffster]

I kind of have the opposite sentiment of many here. I am happy to loan out my truck, trailer, tractor, other tools, but "labor" is not necessarily included, and generally neither is delivery. In other words, if they want to drive over, pick up the stuff, and get it returned in good working condition before the next time I need it, without taking up too much of my time (other than shooting the breeze over a beer or two at the end of the day when they return it) I am happy to loan it.

If they want me to come help with the project for the weekend, that is when the real favor starts to kick in.

When stuff gets returned broken or missing pieces - generally, people are pretty good about at least offering to pay for parts...

- Rick

Nice post, very refreshing.

 

[captaincrab55]

Several years ago, a poster IIRC named cowboy doc spoke to the subject of loaning equipment. Based on that post and subsequent threads, I decided to not loan anything to anyone IF they needed to use it off of my property. A terrible way to live and to treat neighbors, friends, or just about anyone.
Here is why: If I loan something to my neighbor and friend Fulano, who takes it home and Beltrano (who could be anyone from anywhere known or unknown, related or unrelated, to me or to Fulano) injures himself/herself with the loaned article, I pay. WHAT??? Fulano does not sue me, and Beltrano does not sue me. The insurance company (or entity that put Beltrano back together) sues me. Big time. Of course, if Fulano hurts himself, I would also pay. Again, Fulano may or may not sue me, but his insurance company will. They want their money back and they will take everything I have to get it. My homeowners' policy does not apply -- well, maybe the first $5k.
Even after reading the posts I could not believe it. So I asked my State Farm agent about it. He confirmed it. I quit loaning anything to anyone. I could loan something and hope that my umbrella policy was large enough, but why go there?
I did a quick search for those threads, but didn't find them. If they can be found, they are really worth reading very carefully.

I'll second that...

 

[Soundguy]

I guess I need to modify a previous post.

I -HAVE- one time, loaned out my 16' flatbed trailer to a friend who needed to make a red eye trip out of state to grab his broke down car... .. though I usually don't loan things unless I go with them..

soundguy

 

[looknlearn]

Originally Posted by keeney
I kind of have the opposite sentiment of many here. I am happy to loan out my truck, trailer, tractor, other tools, but "labor" is not necessarily included, and generally neither is delivery. In other words, if they want to drive over, pick up the stuff, and get it returned in good working condition before the next time I need it, without taking up too much of my time (other than shooting the breeze over a beer or two at the end of the day when they return it) I am happy to loan it.

If they want me to come help with the project for the weekend, that is when the real favor starts to kick in.

When stuff gets returned broken or missing pieces - generally, people are pretty good about at least offering to pay for parts...

- Rick

I agree:thumbsup:

 

[600rider]

I loan anything I have to my BIL and he will loan me anything he has.....except his Corvette (LOL) but thats about it. My SIL has been schooled in driving my B7510 to brush hog his 5 acre medow so I do loan it to him but most of the time I just go do it for him. If someone askes me I will usualy loan out a hand tool but express that I want it back asap!!
I do have a few friends that I know would lend me or I would lend them most any tool in the garage but we know it will be returned in the same or better condition as lent.
My wifes cousin will lend out anything he has and then when it either doesn't come back or comes back broken he complains and I tell him he needs to get some better friends!!!
At work if someone asks to borrow a tool they can, ONE time and if they ask again I tell em they need to buy their own, thats the way I am if I borrow it once then fine but I will not borrow it again I will buy the item needed!!

 

[MKL1980]

All I can say is don't do it !!! We sell and repair any farm equipment and most of the time the person loaning it will have to spend money when they get it back. But on the other hand I seen people borrow equipment and end up spending lots of money either to male it work or the loaner says that person broke something. So I do not advise it to any one !!

 

[MESSMAKER]

I grew up on a farm and I am not sure that a month went by without borrowing or loaning something. Money was tight and farms were small. Not everyone needed a bushog,post hole digger,water pump,fence stretcher or a few other things. They set unused most of the time. I guess you are going to meet that person sometime in your life but it has always worked out for me. Loaning a tool to someone you consider a friend is a good way to determine character. I have a friend that I like a lot but after a loan, I learned that he is just a good time guy that is not to be counted on for things of importance. I consider this valuable info.