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  #141  
Old 03-04-2013, 06:45 PM
205mx 205mx is offline
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Originally Posted by JasonsLawnCare1 View Post
my truck was 20k tax and all brand new. payments of $350 a month.

you don't need a 40k diesel truck to mow grass. that's complete overkill.

i know this is where everyone goes off about how they pull bulldozers on flat bed trailers and do snow removal and yadda yadda yadda. none of that is lawn care. it's a different area altogether. construction and snow plowing are not the same thing as cutting grass. just because you cut grass too doesn't make it part of the same industry. just clairifying that. not all of us do snow removal or construction or hardscaping jobs.

even if you are doing a complete lawn renovation the place where you buy the grass will deliver it to the site for you.

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  #142  
Old 03-04-2013, 08:29 PM
32vld 32vld is offline
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Originally Posted by JimMarshall View Post
A 40 k truck costs 40 k whether you pay cash or finance at 0 percent. If someone is buying more than they can afford, they haven't been tricked, theyre an idiot. And since when can you buy a new truck for 20 grand?
$40 G is $40 G unless there is interest on the loan. Then that $40 G truck cost $50 G.

April 2011 my brother bought a Silverado 1500 reg cab, 4.8 v8, 4wd, $26,000.
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  #143  
Old 03-04-2013, 08:38 PM
205mx 205mx is offline
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Originally Posted by 32vld View Post
$40 G is $40 G unless there is interest on the loan. Then that $40 G truck cost $50 G.

April 2011 my brother bought a Silverado 1500 reg cab, 4.8 v8, 4wd, $26,000.
Y'all are totally missing the point.
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  #144  
Old 03-04-2013, 09:03 PM
JimMarshall JimMarshall is offline
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Quote:
Originally Posted by JasonsLawnCare1 View Post
my truck was 20k tax and all brand new. payments of $350 a month.

you don't need a 40k diesel truck to mow grass. that's complete overkill.

i know this is where everyone goes off about how they pull bulldozers on flat bed trailers and do snow removal and yadda yadda yadda. none of that is lawn care. it's a different area altogether. construction and snow plowing are not the same thing as cutting grass. just because you cut grass too doesn't make it part of the same industry. just clairifying that. not all of us do snow removal or construction or hardscaping jobs.

even if you are doing a complete lawn renovation the place where you buy the grass will deliver it to the site for you.
My mowing trucks average 20-25 thousand miles a yr, all of it pulling several thousand lbs. that is absolutely an environment that is suited for a diesel.

Quote:
Originally Posted by 32vld View Post
$40 G is $40 G unless there is interest on the loan. Then that $40 G truck cost $50 G.

April 2011 my brother bought a Silverado 1500 reg cab, 4.8 v8, 4wd, $26,000.
I would never buy a 1500 for work.
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  #145  
Old 03-04-2013, 09:25 PM
muddywater muddywater is offline
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Originally Posted by 205mx View Post
Y'all are totally missing the point.
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I agree with your point, it is harder to lay down the cash on big purchases when you dont finance. It makes you really evaluate your decisions, because of how hard it is to accumalate cash.

I run 4-5 crews and everything is paid off, from my 4 mini skids, 30k taki, isuzu nprs, 5500s, 5 vrides.. hell even my office/shop is paid off. It really makes things a little less stressful.
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  #146  
Old 03-04-2013, 09:37 PM
205mx 205mx is offline
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Originally Posted by muddywater View Post
I agree with your point, it is harder to lay down the cash on big purchases when you dont finance. It makes you really evaluate your decisions, because of how hard it is to accumalate cash.

I run 4-5 crews and everything is paid off, from my 4 mini skids, 30k taki, isuzu nprs, 5500s, 5 vrides.. hell even my office/shop is paid off. It really makes things a little less stressful.
Right and for those who argue cash flow... The arguement doesn't really have any substance
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  #147  
Old 03-04-2013, 09:38 PM
205mx 205mx is offline
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Originally Posted by JimMarshall View Post
My mowing trucks average 20-25 thousand miles a yr, all of it pulling several thousand lbs. that is absolutely an environment that is suited for a diesel.



I would never buy a 1500 for work.
I agree you do need at least a 2500 for mowing and mulch.

And if you are so big why not use a landscaping truck ?
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  #148  
Old 03-04-2013, 09:59 PM
dlandscaping dlandscaping is offline
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There should of been an extra few words in the title of this thread. It should have said those with a business operation with employees and did you or how did you use debt to grow your business. This site has been completely over run with weekend warriors and high school kids who "pay cash for my used mower." In order to grow in this industry where profit margins are relatively small one usually has to borrow. There is a balancing act between how much debt one can incur and how much is needed to grow. Why respond to a thread about using debt in your business if you are in highschool and dont have any credit?
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  #149  
Old 03-04-2013, 10:03 PM
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JB1 JB1 is online now
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Originally Posted by dlandscaping View Post
There should of been an extra few words in the title of this thread. It should have said those with a business operation with employees and did you or how did you use debt to grow your business. This site has been completely over run with weekend warriors and high school kids who "pay cash for my used mower." In order to grow in this industry where profit margins are relatively small one usually has to borrow. There is a balancing act between how much debt one can incur and how much is needed to grow. Why respond to a thread about using debt in your business if you are in highschool and dont have any credit?


Your right but it is pretty entertaining reading.
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  #150  
Old 03-04-2013, 10:16 PM
205mx 205mx is offline
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Originally Posted by dlandscaping View Post
There should of been an extra few words in the title of this thread. It should have said those with a business operation with employees and did you or how did you use debt to grow your business. This site has been completely over run with weekend warriors and high school kids who "pay cash for my used mower." In order to grow in this industry where profit margins are relatively small one usually has to borrow. There is a balancing act between how much debt one can incur and how much is needed to grow. Why respond to a thread about using debt in your business if you are in highschool and dont have any credit?
I'm not really a weekend warrior. I have 43 weekly accounts. Not a lot really but I think you saying debt is required in this business is silly at best.

Not saying its wrong or anything. Nobody is mad at anyone for having debt. Just two very different business models. Used equipment doesnt make someone any less professional or cause poor workmanship.

I buy equipments in the winter when those weekend warriors can no longer afford theirs.

When I go to purchase a shop I'll more than likely have to borrow. But borrowing for mowers and even trucks in some cases is silly.
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