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Transitioning into more machine work??

Discussion in 'Heavy Equipment & Pavement' started by KrayzKajun, May 14, 2014.

  1. tbi

    tbi LawnSite Senior Member
    from NY
    Posts: 478

    It will stalemate push a Bobcat 750 so id say its pretty stout for it's size.
    We run a 72" brush mower with ours FWIW.
     
  2. AWJ Services

    AWJ Services LawnSite Platinum Member
    from Ga
    Posts: 4,276

    Yes th ecab is a neccesity. I agree.
     
  3. Krafty

    Krafty LawnSite Senior Member
    Male, from St. Louis MO
    Posts: 711

    I will vouch for the tl230 as well we have a brand new one and it is an unbelievable machine. It may be similar spec size and numbers to a Bobact t190/t590 but let me tell you it is twice the machine. I have a brand new rental t-590 at the shop right now and let me tell you it is a huge piece of crap. Falls on its face constantly and will barley scoop a full bucket with out dieing.

    On another note I am gonna be more blunt like a few of the other guys. You can buy a brand new tk 230 and have a payment right around 1k per month. Quit screwing around and looking for all of these machines that have a ton of hours on them. Go buy you a new one put it to work and make some money. You will easily spend way more then 1k per month in break downs. Its time to s*&^ or get off the pot. Best of luck to you as well I hope you find what you need.
     
  4. whiffyspark

    whiffyspark LawnSite Fanatic
    Posts: 6,087

    I agree. I understand though a 50k machine is a big investment.
    Posted via Mobile Device
     
  5. Marek

    Marek LawnSite Bronze Member
    Posts: 1,385

    How many hrs a month do you really need to make a 1000 payment a month ? 5 - 10 hrs a month of work will pay for its self . How much work did you have for the tractor when you bought it ? How much work has that one piece added to your gross ? Has having that also brought other work into you ?
     
  6. blackangus86

    blackangus86 LawnSite Member
    Posts: 18

    Have you purchased a new skid?
    Posted via Mobile Device
     
  7. YellowDogSVC

    YellowDogSVC LawnSite Gold Member
    from TX
    Posts: 3,752

    I like blunt but if the guy is trying to save a few bucks, a slightly used machine with some warranty is worth looking into but (and as a guy who tries to follow Dave Ramsey's advice this makes me a hypocrite), with interest rates at near 0%, buying new with a rock-solid warranty makes more sense if nothing else for the comment you made about repairs. For example, Bobcat just mailed out a 0% for 60 months on CTL's (0% for 48 mo. on skids) and compact excavators or $5,000 rebate.

    I've spent almost 2k on repairs in the last month and both were relatively minor (new lexan and A/C system) plus downtime, time back and forth to shop (4 trips) and frustration. With a new machine I can get in the field service and my experience says I generally don't have many machine problems show up until my machines are several years old. Those repair bills sucked and ate up my profit so that I am having to work extra to make quota.

    Being comfortable, cool, and having the power to do more work may be worth $1000/mo. to a lot of people. It is to me and why I'm resigned to almost always having at least one machine payment so I stay current and comfortable.
    I'm sure Dave Ramsey would tell me I'm a fool but not many people have 70k cash to plop down on a machine that's going to go down in value.

    Worst case, you can sell it if you can't afford it but I think you will find more and more work. $1000/mo. is only a day to day and half work for most guys if you want to look at it like that.
     
  8. zabmasonry

    zabmasonry LawnSite Senior Member
    from C. VT
    Posts: 314

    I think that Dave Ramsey is a bit over debtaphobic. Bottom line is, debt isn't bad, bad debt is bad. That said I haven't gone through all of Dave Ramsey's stuff because I think that he aims his stuff for people with rocks for brains, and simplifies some pretty important financial nuances into hard fast rules like all debt is bad.
     
  9. whiffyspark

    whiffyspark LawnSite Fanatic
    Posts: 6,087

    Yep. I can't stand him anymore. Internet marketing at its finest.

    He basically preaches save you're entire life to enjoy retirement. Never buy a new vechile. Instead buy a cheap used car and put whatever you're car payment would have been into a savings account. And then by another used car

    Don't worry about buying anything nice until you're 65.
    Posted via Mobile Device
     
  10. YellowDogSVC

    YellowDogSVC LawnSite Gold Member
    from TX
    Posts: 3,752

    I don't think I have rocks for brains but if you understand where he came from you'd understand why he is anti-debt. I also subscribe to Rich Dad's philosophy but Dave's "debt is risk" is the big point. No debt, no risk and that's something to think about when you have a $1000/month payment, plus insurance and you can't work because of health, weather, etc.

    Ultimately, it's to each his own but Biblical proverbs seem to work and I can't find anywhere in the bible where it says that debt is a good thing.
     

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