Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs.

Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. Questions on your truck, trailer, commercial lawn mowers, lawn mower, mower parts, lawn tractors, engines, edgers, trimmers, pole saws, aerators, hydro seeders, snow plows, chain saws, stump grinders??

Do use a Consumer or Commercial Mower?


Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs.

Questions on your truck, trailer, commercial lawn mowers, lawn mower, mower parts, lawn tractors, engines, edgers, trimmers, pole saws, aerators, hydro seeders, snow plows, chain saws, stump grinders??
View Poll Results: Which type of mower do you use?
Commercial Grade Mower 10 66.67%
Consumer Grade Mower 5 33.33%
Voters: 15. You may not vote on this poll

Reply
 
Thread Tools Search this Thread
  #11  
Old 07-20-2008, 03:38 PM
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 0
musician/lawnman is on a distinguished road
Default

I'm all commercial, The only way to go in the long run. But you guys already knew that about me...
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #12  
Old 07-20-2008, 04:46 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,506
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
Sherman,

Would there be a tipping point interest rate that would make you finance a larger amount of a truck or piece of equipment?

I do wonder about this because this is something I think would be a risk vs. reward issue.

I am not sure at which interest rate does the scale tip one side or the other but this makes me think of insurance in a sense.

Legit lawn care business owners buy insurance because they may need to legally and they know the risk vs reward is not in their favor to self insure.

I wonder if financing vs not financing is similar to insuring vs. self insuring.


What are your thoughts?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #13  
Old 07-20-2008, 06:35 PM
VPS Lawn Care
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Steve View Post
Sherman,

Would there be a tipping point interest rate that would make you finance a larger amount of a truck or piece of equipment?

I do wonder about this because this is something I think would be a risk vs. reward issue.

I am not sure at which interest rate does the scale tip one side or the other but this makes me think of insurance in a sense.

Legit lawn care business owners buy insurance because they may need to legally and they know the risk vs reward is not in their favor to self insure.

I wonder if financing vs not financing is similar to insuring vs. self insuring.


What are your thoughts?
Steve
Good Question.
The way i look at it is, ok, say i buy my new mower on time, then i make my payments evry month of $265 for 2.5 years, now i have made a habbit of making that payment, it's now in my budget . I know 265 is going out every month. now at the end of the 2 1/2 years instead of re-allocating that money elsewhere, i keep paying that same amount into my equipment account, which in turn builds up, and by the time i have to get the new mower again i dont have to re-adjust my budget, its already in my budget i have been paying it to myself, and the money is there if i want to use it or not.

As far as what rate would i go with, well i bought a new Dodge Ram in 04 and financed the whole thing @ 0% was not charged to use there money so ya go for it., i dont beleve you should ever self insure though.
Reply With Quote
  #14  
Old 07-23-2008, 05:41 PM
justin_time justin_time is offline
Justin
 
Join Date: Apr 2006
Location: French River, ON, Canada
Age: 29
Posts: 1,801
Rep Power: 0
justin_time is on a distinguished road
Default

I have a question

How many years/hours do companies start trading in for better/newer/upgrade equipment ?

My tractor just hit 300 hrs today and it's only 2.5 yrs old.

Use and abuse, I think I am ordering myself a commercial mower during winter for the spring.. I hope I get financed.
Reply With Quote
  #15  
Old 07-23-2008, 08:51 PM
UniversityLandscapers
Guest
 
Posts: n/a
Default

I bought a new mower, and I decided it wasn't worth the $1,200 - 1,500 I would be paying for a commercial mower. As long as you're not thrashing your mower around, a high end consumer model works just as well. I used a cheap piece of junk from Canadian Tire before (it was about $250) and it lasted 3.5 years. The new Toro I got was $500 and has a two year warranty for everything, it's pretty solidly built and I haven't had any problems yet.
Reply With Quote
  #16  
Old 07-23-2008, 10:55 PM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Default Downtime costs money.

Quote:
Originally Posted by justin_time View Post
I have a question

How many years/hours do companies start trading in for better/newer/upgrade equipment ?

My tractor just hit 300 hrs today and it's only 2.5 yrs old.

Use and abuse, I think I am ordering myself a commercial mower during winter for the spring.. I hope I get financed.
I am a big believer in commercial all the way.

There are a few reasons for this:

1) The average commercial lawn equipment is built better than the average consumer lawn equipment. You might get lucky with a consumer unit but ordinarily commercial is going to outperform consumer everytime.

2) Running commercial equipment gives a sense of professionalism to your business. If customers see you with the same ratty lawn mowers they have in their basement they may decide they can do just as good a job themselves.

3) Downtime costs money. A day or two's lost productivity can counteract the money you saved by buying a consumer unit.

4) Business relationship with the dealer. Buying from equipment dealers has perks. Those guys know the inside scoops on lots of contracts and upcoming jobs. If you have been a good customer to them, they will scratch your back too and give you the low down.

As far as number of hours before thinking about trading goes, I guess I've always had good luck with my equipment. I'm a firm believer in a very strong maintenance schedule. Oil changes, filter changes, lubrication, weld cracks before they get out of control, replace bearings, etc. It's a good question though...I guess I've never really thought about trading equipment before about 2,500 to 3,000 hours for most of my commercial mowers.

Keith
__________________
Start a profitable lawn care business.
Reply With Quote
Reply

Bookmarks

Tags
amortization, equipment, mower life

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Commercial mower tomcat172002 Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. 4 06-26-2008 03:53 AM
Lawn mower Consumer reports issue Steve Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. 0 04-08-2008 11:31 AM
Consumer labels musician/lawnman General Talk 4 04-04-2008 05:58 PM
TORO COMMERCIAL 37" CUT LAWN MOWER - $600 GeeGood General Talk 10 03-24-2008 08:33 AM
COMMERCIAL JOB MJK General Business Discussions 3 05-30-2006 12:45 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Big mowing job
Bradcook21
Yesterday 03:57 PM
Today 01:16 PM
by Bradcook21
6 84
scag SWZT review!
mattthelawnguy
07-23-2015 02:28 PM
Today 12:31 PM
by Steve
9 345
Say Hello !!!
Steve
03-19-2007 11:18 AM
Today 12:29 PM
by Steve
1,227 401,155
Hello Everybody
budspop
Yesterday 11:42 AM
Today 12:28 PM
by Steve
1 42
Should I buy this Exmark...
googus
07-03-2015 09:22 AM
Today 11:34 AM
by googus
9 562
Hello!
brandycarlton
07-29-2015 12:31 PM
07-29-2015 03:54 PM
by Steve
1 123
Assessing the Market
NJDB60
07-27-2015 03:25 PM
07-28-2015 09:24 PM
by Steve
2 229
Whats wrong with this...
GreenWorx
07-28-2015 07:56 PM
07-28-2015 09:09 PM
by Steve
2 209
Funny craigslist post
GreenWorx
07-28-2015 07:17 PM
07-28-2015 09:02 PM
by Steve
2 212
Watch out for this -...
rootytalbot
07-22-2015 02:13 PM
07-28-2015 09:00 PM
by Steve
7 367
NewVenture
NJDB60
07-27-2015 03:38 PM
07-28-2015 08:58 PM
by Steve
1 211
Pricing issue
Mr. Mow
07-07-2015 06:15 AM
07-27-2015 06:40 PM
by GreenWorx
17 749
how to make customers...
Bradcook21
05-27-2015 05:04 PM
07-27-2015 06:08 PM
by GreenWorx
15 2,929
Need your help, Gopher...
Chilehead
07-23-2015 07:02 PM
07-27-2015 11:28 AM
by Steve
11 367
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
07-27-2015 11:22 AM
by Steve
94 10,419
Dogs
Mr. Mow
06-29-2015 02:37 PM
07-25-2015 07:50 AM
by Chilehead
12 2,396
Just about mid year, how...
GreenWorx
06-24-2015 07:05 PM
07-22-2015 07:31 PM
by Chilehead
14 2,466
Learning as I grow -...
WarriorLandscapingCAN
07-18-2015 07:46 AM
07-21-2015 10:53 AM
by Steve
3 306
Large dirt mound removal
purdue1973
07-09-2015 07:45 PM
07-20-2015 12:55 PM
by Steve
6 427
Hey everyone
Fantasy landscaping
07-09-2015 06:53 AM
07-09-2015 11:47 AM
by Steve
1 323
Quickbooks Online
jscarolina
07-08-2015 07:54 AM
07-08-2015 12:55 PM
by Nate10928
1 344
I dont know what to do...
Bradcook21
06-21-2015 08:49 AM
07-07-2015 09:48 PM
by SGL1
16 2,720
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
07-07-2015 02:54 PM
by GreenWorx
13 3,674
Is it too late to do...
markty
06-16-2015 05:28 PM
07-07-2015 01:00 PM
by problem solver
9 2,479
Hi everyone
Mattw
07-06-2015 05:59 PM
07-07-2015 10:18 AM
by Steve
1 346
4th of July parade...
Steve
07-06-2015 10:35 AM
07-06-2015 10:35 AM
by Steve
0 296
Unemployment rates drop,...
Steve
07-02-2015 12:40 PM
07-06-2015 10:30 AM
by Steve
4 468
another newish job for me
holymoly
06-07-2015 08:34 AM
07-03-2015 02:06 PM
by American L&T
9 2,470
Before & After tree...
COREtreeservice
07-01-2015 09:20 PM
07-01-2015 09:20 PM
by COREtreeservice
0 395
» Popular Tags
accounting ad landscaping advertising aerocore applying bark billy goat brushcutter blowout bob villa bush collections contract help curb appeal services deliquentaccounts door hangers edging employee problems equipment dealer equipment rental facebook financials flyers foreman free advertising free lawn care google growing a lawn care business hardscapes hiring husqvarna hydro invoicing jobs landscape landscape services landscaping lawn aeration lawn care lawn mowing marketing marketing secrets mr dave mulch new business ordinance past due per hour charge per hour service plowing profit on employee quickbooks roundup scag secrets to landscaping sell the vision seo shell small engine repair snow plowing solo backpack sprayer sq ft swzt tree tree pics up sell employee walk behind web design website winterization www.greenturion.co.za
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 01:57 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 01:57 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy