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View Full Version : What type of equipment?and are you debt free?


workaholic
01-04-2004, 09:33 PM
What type of Equipment do you use from truck to trailier and all in between? My truck is a 03, F250 WITH EASY DUMP BED I pull a 16 ft. open trailier toro z master 44'' TORO WALKBEHIND44''. I use 2 21'' LAWNBOY COMM. trim mowers 2 straight shaft shindowa trimmers 2 stihl blowers 1 hand held 1 back pack, stihl chainsaw, billygoat leaf vac, 1 Prizelawn broadcast spreader. everything is paid for but the truck .

Metro Lawn
01-04-2004, 10:15 PM
You have to be kidding:

1996 Dodge 1/2 ton 4x4 8' Boss V
1993 Chevy 3/4 ton 4x4 8' Western
1993 International 5 yd. dump 10' HiWay plow
- tailgate spreader
1992 Dodge 1 ton 4x4 diesel 8' Meyer - V box
1991 Dodge 3/4 ton 4x4 8' Meyer
(3) 1989 Dodge 3/4 ton 4x4 8' Meyer (2) V box
1988 Dodge 3/4 ton 4x4 8' Meyer - V box

(2) 2003 8x18 Enclosed
2002 6x12 Enclosed
7x16 open
8x20 open
22' Trail-eze equipment trailer

Michigan Loader w/ 1.5 yd bucket
Thomas Skid steer

(7) Exmark Lazer Zs
(2) Hustler Super Zs
(4) Exmark TT 52 hydros
(1) Scag 48 hydro
(1) Snapper 36 hydro

and way too much more to list.

Most everything is paid for except the new Hustlers and our yard.

workaholic
01-04-2004, 10:33 PM
Originally posted by Metro Lawn
You have to be kidding:

1996 Dodge 1/2 ton 4x4 8' Boss V
1993 Chevy 3/4 ton 4x4 8' Western
1993 International 5 yd. dump 10' HiWay plow
- tailgate spreader
1992 Dodge 1 ton 4x4 diesel 8' Meyer - V box
1991 Dodge 3/4 ton 4x4 8' Meyer
(3) 1989 Dodge 3/4 ton 4x4 8' Meyer (2) V box
1988 Dodge 3/4 ton 4x4 8' Meyer - V box

(2) 2003 8x18 Enclosed
2002 6x12 Enclosed
7x16 open
8x20 open
22' Trail-eze equipment trailer

Michigan Loader w/ 1.5 yd bucket
Thomas Skid steer

(7) Exmark Lazer Zs
(2) Hustler Super Zs
(4) Exmark TT 52 hydros
(1) Scag 48 hydro
(1) Snapper 36 hydro

and way too much more to list.

Most everything is paid for except the new Hustlers and our yard. I have to be kidding about what?

Metro Lawn
01-04-2004, 11:39 PM
I was kidding. I see some people here that list every pc. of equipment they own down to the pruners on their belt. I could write a list 3 pages long. We try to pay for everything in cash if we can. We have the Hustlers on "same as cash" and will pay those off this season. We would be in debt if I didn't insist on the use of older trucks. I like them for several reasons. Cheap to buy, cheap to maintain, and generally tougher than what is availible now. So far it has been the right choice.

Avery
01-05-2004, 12:06 AM
Way too much to list and yes the company has some debt.

pjslawncare/landscap
01-05-2004, 12:06 AM
All paid for except compact tractor

65hoss
01-05-2004, 12:52 AM
Everything is paid for except the new F250. I paid 1/2 in cash and financed the other 1/2. Not much of a note on it.

just Cuts
01-05-2004, 01:13 AM
6x12 open trailer
6x12 enclosed trailer
toro 36" floating deck 2003
john deere 48" fixed deck 1990
tanaka hedge trimmers
john deere bp 50 blower
red max blower
red max trimmer
red max stick edger
95 F-250 4x4 HD truck
plus all the hand tools that I'm not going to try to list. Owe a little on enclosed trailer but that's it. Not bad for first full time year in business.:cool2:

TheKingNJ
01-05-2004, 02:21 AM
94 Chevy 2500 w/ 7.5 Western Plow
16 ft. enclosed trailer
52" Scag WB
21" toro push
STIHL FS85
ECHO 2500
STIHL BR40

Everything in cash so far, I want another mower wich will probally be financed.

Richard Martin
01-05-2004, 03:58 AM
Let's just say that I have a bunch of equipment for a one man show. I even have a spare trailer. Everything is paid for except for my Dixie and I owe 12 more on that.

David Haggerty
01-05-2004, 05:12 AM
Toro 580-D, a couple of 72" Toro 325-D's that we use for trimming. Stihl handheld stuff, '89 Dodge dualie diesel & 20' gooseneck trailer.

I'm a DBA (doing business as) so my debt isn't separate from my business operation. And there is some debt. No leins on anything, but my newest piece of equipment is a '94.

I've been thinking of upgrading everything, but that would be over $100,000. Plus everything's in good shape. They tell me the 580-D's good for another 4,000 hours and the Dodge is capable of another 150,000 miles.
I was considering a new truck. A new Isusu NPR. I even have a check from the bank for $30,000. The old Dodge had been overheating. Turns out it was just the head gasket caused by the exhaust brake on the engine. (The mechanic says the 5.9 L can't take the back pressure) He showed me the cylinder walls while the head was off. He was amazed. The motor has 160,000 miles on it and you can still see the cross hatch pattern in the cylinder walls. It shows virtually no wear. I'd been using Shell Rotella synthetic diesel oil. So I guess I'll keep the Dodge and send the check back to the bank.

Dave


BTW workaholic; How about correcting your "location" in your profile? It just looks strange to see Pennsylvania abbreviated that way.

paponte
01-05-2004, 04:45 PM
Too much to list. As far as paying notes, I think that is all part of business. I really don't see it as being in debt. As long as your paying your bills on time, and the equipment is pulling it's own weight, and is profitable. :cool:

J Hisch
01-05-2004, 06:50 PM
Metro, You right about using older trucks as long as they are not eyes sore of course. the part are avaliable all the time. I also use older truck for business.

bobbygedd
01-05-2004, 06:59 PM
it's all junk and it's all mine

GrassBustersLawn
01-05-2004, 07:40 PM
All equipment listed at bottom plus all the "small" stuff, chain saws, hand held equipt etc. is all paid for. Usually pay for everything when buying it.

In process of buying building for business. That will be the only debt. Outgrowing rental units and can purchase a 6700 sqft building (5 yrs old) for what I can rent 2500 sqft. Hope to rent out 1/2 of it for what my payment will be and then I'll have FREE RENT.

Mike

bob
01-05-2004, 07:47 PM
Payed off the Gator 2 weeks ago. And payed off the Gravely 272z last week. Still owe 8 payments on CC d/max

workaholic
01-05-2004, 08:21 PM
Originally posted by just Cuts
6x12 open trailer
6x12 enclosed trailer
toro 36" floating deck 2003
john deere 48" fixed deck 1990
tanaka hedge trimmers
john deere bp 50 blower
red max blower
red max trimmer
red max stick edger
95 F-250 4x4 HD truck
plus all the hand tools that I'm not going to try to list. Owe a little on enclosed trailer but that's it. Not bad for first full time year in business.:cool2: No not bad at all for being in business 1 year..

LLandscaping
01-05-2004, 08:27 PM
We have a 2003 19/48in. Scag Tiger Cub, 2001 Toro 37in. Walkbehind(belt drive), 2-Toro 21in. Prolines,2-Stihl FS85 trimmer, 2-Stihl Br420, 2-Stihl Chain Saws, 2-Stihl Hedge Clippers HS45, HS80, and various other hand tools. 5x10 open trailer, 7x16 open trailer with Trimmer Traps, and a 2002 Chevy 2500HD 4x4 6Liter. Everything is paid for except the Chevy pickup.

Adam,
Lovell's Lawn Care

workaholic
01-05-2004, 08:28 PM
Originally posted by paponte
Too much to list. As far as paying notes, I think that is all part of business. I really don't see it as being in debt. As long as your paying your bills on time, and the equipment is pulling it's own weight, and is profitable. :cool: I agree with most of what you said but debt is debt..

workaholic
01-05-2004, 08:40 PM
Now since most of us including myself, pay for everything in cash up front or pay it off in 1 year. My c.p.a. tells me to take a loan out on everything i buy so i can benefit on as many writeoffs as possibile. example; 3 year loan= 3 year writeoff..

FrankenScagMachines
01-05-2004, 09:49 PM
Everything below, and it's all paid for.
Truck is 1990, TTHP is '99 and rest is mostly newer (except Lawn Boy and Shin trimmer)
1st year in biz, 16 years old. Get alot of good deals on stuff so that helps.

Mustang
01-05-2004, 10:15 PM
Maybe I'm incorrect in reading between the lines here but is the insinuation here that debt is bad? I would argue debt can be quite good. While I understand the emotional relief of a debt free business it is not always in the best interest of maximizing one's profits. I am currently paying off three of my trucks. If I wasn't in debt I would have two less crews and one less "running around" vehicle (mine). As long as one understands how much debt can be taken on without becoming a cash drain, debt used properly is quite profitable.

If I'm off the mark here I apologize.

workaholic
01-05-2004, 10:53 PM
Originally posted by Mustang
Maybe I'm incorrect in reading between the lines here but is the insinuation here that debt is bad? I would argue debt can be quite good. While I understand the emotional relief of a debt free business it is not always in the best interest of maximizing one's profits. I am currently paying off three of my trucks. If I wasn't in debt I would have two less crews and one less "running around" vehicle (mine). As long as one understands how much debt can be taken on without becoming a cash drain, debt used properly is quite profitable.

If I'm off the mark here I apologize. no u r not off the mark and no need to apologize and you made a good point I just was curious to know about how people operate there biz..

cantoo
01-05-2004, 11:09 PM
We were also paying for everything in cash and our accountant said if we "needed" something we should buy it and use the write off. We ended up getting a line of credit and buying a bunch of small items that we likely never would have bought. It makes our day to day jobs easier and is better than paying out the taxes. Our backs are also thanking us.

VnDrWLawnCare
01-06-2004, 12:52 AM
I was doing so well until I purchased a new truck about a month ago. I needed that year ending tax write off. So I got myself an 04 GMC Sierra. NO regrets yet.
My other equipment paid for includes:

48" Lesco WB-hydro
Snapper 21"
Stihl BR 420
Stihl FS 80
Stihl BG 75
Stihl FC 75

Its debt but it was well worth it
Eric:D