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Old 04-30-2002, 02:06 AM
perfection lawn care perfection lawn care is offline
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Join Date: Apr 2002
Location: perrysville ohio
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Cash or Credit??

I know everyone of us would like to pay cash outright for our new toys, but was wondering just how many acually are? What is your best theory for new purchases?
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Old 04-30-2002, 02:09 AM
AK Lawn AK Lawn is offline
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Location: Alaska/ Colorado
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don't be me, pay cash, i am working for the next few years without profit to pay back debt, always pay cash if possible, cause in most cases if you can't you probably do not need it that badly
AK Lawn
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Old 04-30-2002, 02:25 AM
LAWnENFORCER LAWnENFORCER is offline
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Join Date: Feb 2002
Location: Central Texas
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I used to have AK's take on this, but if you have poor equipment(me) then you can not make money, therefore it is difficult to save. I am currently looking into purchasing a lazer hp. I can't decide if I should buy used or just get new and have a warranty. Either way I would have to finance.

I recently found a lazerhp 60" w/ 20kohler(120 hrs) and they are asking $5200. This is a major purchase for me considering I am part time. I just hate the idea making payments for 3 or 4 years for a lawn mower.

If and when I do I will always pay extra towards the principle and shorten the term.

Any input, gripes or snide remarks will be accepted.

KB LAWN SERVICE
CENTRAL TX
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Old 04-30-2002, 02:33 AM
AK Lawn AK Lawn is offline
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Lawnenforcer it is easy for me to say this cause yes i have all of the equipment, and yes it is all financed, and yes it is all worth it just hate being in debt!
AK Lawn
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Old 04-30-2002, 02:45 AM
LAWnENFORCER LAWnENFORCER is offline
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Location: Central Texas
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One thing I have learned is "you got to have money to make it"! What do you think of the price for the hp. I want to get it "so bad" but I don't really need any more debt. In general is it true that a ztr will cut your time on a job in half. If I can do that I think I could swing the payments.

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Old 04-30-2002, 02:56 AM
corban corban is offline
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Location: K.C. Mo
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The question that I would ask you is the question I asked myself. Would getting this machine just save time or would it open up more time for more jobs. In my case, I can handle everything I've got with a 48" wb. I wanted a 62" ztr to be "faster" even though I wouldn't take on more work. I guess what I'm saying is to try and survive on what you've got until you no longer can do it. Is saving two hours a week worth spending an extra $250 a month for four years. I'm only part time and don't have time for more lawns. I understand that some desperately need the big stuff, but that all depends on the job.
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Old 04-30-2002, 03:06 AM
LAWnENFORCER LAWnENFORCER is offline
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Location: Central Texas
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Corban,

I see whatt you mean, sorry I did not specify. I figure if I cut my time down close to half, then I could get close to doubleing my accounts. I turn down jobs all the time, not cause I want to, because I just cant find time. I also work a ft job. Right now I have six people on a waiting list for next season.

thanks for the info

KB LAWN SERVICE
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Old 04-30-2002, 03:11 AM
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Soupy Soupy is offline
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Join Date: Mar 2002
Location: IL. (St Louis Metro)
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If you buy a ZTR you would have more time. When I made the switch a few years ago, I saved at least a 1/3 of my time. I went from a 30hr\week moweing to a 20hr\week moweing back then. I soon filled them saved hours plus some. My mower has payed for itself and some. By the way I payed cash. I will say that If you have alot of fensed in lawns then it won't save you much time.

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Old 04-30-2002, 04:10 PM
bruces bruces is offline
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Location: Independence, MO
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I'm in kind of the same situation. I just picked up a sizeable account (4 acres weekly, with an additional 3 acres biweekly). It will be a strain to get it done with the equipment I have in the time I have available.

I would like to purchase a 60" Lazer or DC, but would have to finance a good portion of the purchase price. If I buy it, it should save me a good deal of time on this account and a few others. That would give me the opportunity to take on more accounts. If it costs me $250 to $300, it doesn't take too much new work to pay for it.

On the other hand, I really don't want to borrow another 8 or 10,000.

I'll see how things go the first week and then decide, but I'll probably go for the new machine so that I have the capability to take on new work.
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Old 04-30-2002, 10:03 PM
TJLC TJLC is offline
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Location: Port Charlotte, FL
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I've always paid cash for my equipment until I bought my new 2001 52" Lazer Hp. Fortunately at the time Exmark was offering 3.9% for 12 months. Only 10 more payments and she's all mine. LOL
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