used or new

Discussion in 'Starting a Lawn Care Business' started by puregreen345, Jan 29, 2006.

  1. puregreen345

    puregreen345 LawnSite Member
    Posts: 22

    i am just starting out would it be better for me to buy a used mower or make payments on a new mower? thanks
     
  2. topsites

    topsites LawnSite Fanatic
    Posts: 21,653

    My best advice to you is buy what you can afford, used in this case.
    Taking out loans is a bad idea for a new business, but really any business.
     
  3. LB1234

    LB1234 LawnSite Gold Member
    Posts: 3,210

    Looking at it from a different angle, I liked to buy new because of the warranty and my (our) lack of knowledge to repair/diagnose problems with used equipment.

    Taking out loans is not always a bad idea for new, or any business. By taking out a loan you establish credit, something a new business has none of and usually needs a co-signer for the loans. Also, loans help with tax writeoffs and the like. Speak to your accountant.
     
  4. Lawn Masters

    Lawn Masters LawnSite Senior Member
    Posts: 850

    IF you cant afford new, dont buy new. new is good for the warranty and having something that should probably last you a few years, but used is better to start off with, as long as the machine is in decent repair, and is serviceable, and you can get parts for it when the time to replace em comes.
     
  5. qualitylawnmanagement

    qualitylawnmanagement LawnSite Bronze Member
    Posts: 1,001

    The only way I buy new equipment is if I know I have the money right here right now. If there is six months same as cash deal I just put that money into another account and don't touch it till I have to pay of that equipment.
     
  6. E-Z Green

    E-Z Green LawnSite Member
    Posts: 36

    I prefer to stay away from pain...oops...i mean interest. We started our 1 push mower and a weed eater to say the least. One of us would mow while to other trimmed. Then we worked up to two weed eaters and a rider mower.
    It's crawl before you walk...for a better foundation.

    Demetrius, the country city boy
     
  7. FinerCutslawnCare

    FinerCutslawnCare LawnSite Bronze Member
    Posts: 1,385

    Here are some things to think about, when you buy something new less chance of something breaking but more expensive. But when you get something used it is cheaper but may have a better chance at breaking! Hopefully that helps alittle.....
     
  8. HOOLIE

    HOOLIE LawnSite Gold Member
    Posts: 3,981

    Well that's probably the only way you CAN pay, considering you're 15 going on 16 :dizzy:

    Most every business of every kind will need to finance equipment, real estate, etc at some point...you think when someone opens a retail store they just had a hundred grand or more in the checking account to get things up and running, to cover payroll, and so on?
     
  9. qualitylawnmanagement

    qualitylawnmanagement LawnSite Bronze Member
    Posts: 1,001

    All my equipment that I've bought was paid by for at the end of season. The only thing that isn't payed for is the truck. So if you know you'll have that that much money to pay for the machine at the end of season to pay for it then I would buy new.
     
  10. jtkplc

    jtkplc LawnSite Silver Member
    Posts: 2,646

    If you plan on being in this business for a while and expanding, I would invest my money for the future and buy new only if I could afford to do so. If this will just be a part-time, temporary gig, and you don't have the money, then buy used.
     

Share This Page