Time shares...
- Thread starter charlesw
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frank_f15
Super Member, Rest in Peace
randy41 said:
That pretty much is MHO also
jbrumberg
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charlesw:
Do not do it! Every time I have "loaned" a tool to a friend it came back in a much poorer state (A perfect example is when one of my friends dropped a tree on my chainsaw. It still worked so what's the "problem".). I would be really concerned about your liability. If someone using your tractor causes personal injury and/or property damage you are in deep poopoo
. Let your neighbors buy their own tractors and we at TBN can begin to help them spend their money . Jay
Do not do it! Every time I have "loaned" a tool to a friend it came back in a much poorer state (A perfect example is when one of my friends dropped a tree on my chainsaw. It still worked so what's the "problem".). I would be really concerned about your liability. If someone using your tractor causes personal injury and/or property damage you are in deep poopoo
. Let your neighbors buy their own tractors and we at TBN can begin to help them spend their money . Jay
scott_vt
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Good Evening Charlesw,
Pretty good advice ( DONT DO IT !!! ) IMHO
Pretty good advice ( DONT DO IT !!! )
IMHO burnetma
Gold Member
Charles,
Remember, we live in NY where the lawyers advertise on TV to tell you that if you get hurt it is not your fault. Get what you deserve... Off my soapbox.
Explain to the interested individuals that you have reconsidered based on liability and maintanence concerns. You can offer to help them out with some projects, if you have time and are so inclined, but no loaners. Never loan anything unless you have it fully insured -or- you can afford to write it off. Just my opinion.
Remember, we live in NY where the lawyers advertise on TV to tell you that if you get hurt it is not your fault. Get what you deserve... Off my soapbox.
Explain to the interested individuals that you have reconsidered based on liability and maintanence concerns. You can offer to help them out with some projects, if you have time and are so inclined, but no loaners. Never loan anything unless you have it fully insured -or- you can afford to write it off. Just my opinion.
johnk
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Over the years I lent many things out and 90% of the time they came back in bad shape. I had a brand new shop vac I lent out to my cousin who rented a cottage for the summer and wanted to vacuum up at the end of the lease. My vacuum came back with 100 pounds of sand in it and many pieces of duct tape on the hose. Didn't even have the decency to empty the rascal out and when asked about the duct tape he said he tore the hose in a few spots no big deal. This is only a little example of how people take advantage. If I can't afford something I don't buy it. Now I don't lend out anything to anyone and thats how you find out who your friends are. I just tell them, Sorry I don't lend out my stuff... Thats life..............
AndyMA
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Don't do it. If it does get broken, and it will, it wil neve be restored to original condition. To put it blunt. It's an awful idea. No one who doesn't own the machiine would be willing to foot the 2000-3000 repair that eventually be required. And everyone will say I couldn't have done that. Let them rent from a rental shop who charges enough to cover the repair costs.
Andy
Andy
AndyMA said:
But, see, they -would- all own it. Again, I'm having a language problem, here. What I meant was joint ownership. Still, it would be a bear and you all have talked me out of ever thinking of it again. Sort of
At least, with this group of people and in this way. If my buddy moves in next door, well, I'll sell him half. But that's another story!WALT
Gold Member
Just reading your thread this morning, but to echo others posts regarding tools & equipment; "neither a borrower nor lender be".
Note that those who would want your tractor to be the neighborhood unit have no downside/risk to this arrangement.You in effect will be acting as the local rental yard.
I did not note how long you have owned your tractor, but if you are like most of us here, you get attached to your machine, and will not want to share it, due to it being damaged by others.
I have accrued numerous tools & equipment, and am willing to help out with them, but I don't loan them out. No one takes care of your stuff like you will.
WALT
Note that those who would want your tractor to be the neighborhood unit have no downside/risk to this arrangement.You in effect will be acting as the local rental yard.
I did not note how long you have owned your tractor, but if you are like most of us here, you get attached to your machine, and will not want to share it, due to it being damaged by others.
I have accrued numerous tools & equipment, and am willing to help out with them, but I don't loan them out. No one takes care of your stuff like you will.
WALT
machmeter62
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charlesw said:But, see, they -would- all own it. Again, I'm having a language problem, here. What I meant was joint ownership. Still, it would be a bear and you all have talked me out of ever thinking of it again. Sort of
While Jimmy Carter was at the "Helm," I started to build a new home. I had been referred to a contractor/cabinet maker that had the talent to build our challenging English Tudor. We saw some of his previous work, and he was "DA'-MAN!" His honesty and integrity also was a factor. You could trust him with your checkbook! He worked full time for me for five years. I helped him purchase his own home to get him qualified for a loan; since he had been a renter prior. I loaned him my TLB to do work on his property, which was located in semi rural area, but was a corner lot, joined by a adjacent street. He was working on the front corner area on his property, and left the tractor for a short time. A fatal auto accident occurred at the intersection, and I received a "LAWSUIT" phone/letter!! The letter was based on the fact that I loaned the tractor to someone without experience! This may solidify your decision?
