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does anyone budget for engine/tranny replacement?

Mac V2.0

LawnSite Member
Location
Mid OH
Im curious if anyone adds a lil change to their hourly rate to set aside for engine/tranny replacement. If you guys do that, then how do you budget it.... what im trying to get at is

-after how many hours do you expect an engine to fail
-after how many hours do you expect your pumps/motors to fail?

If you expect it to fail at 2xxx hours, then do you automaticly replace it just to avoid downtime, or do you wait til it dies and then remedy it?

Reason i ask is that im looking at a mid-high hour mower and i cant decide how much life is left in it's components. (yes bob, i still havnt ruled it out)
 

jsr2741

LawnSite Senior Member
I think I'd just go up to a certain amount of hours and then replace the machine before it starts nickel and diming me.

2,000 hours doesn't seem out of the relm of possibilty as long as PM has been done.
 

MudslinginFX4

LawnSite Bronze Member
Location
Raleigh, NC
Everyone of my mowers I set aside money for. I have a seperate account that I have just for my equipment. Every week I take money and put in that account and never withdraw it untill I am ready to buy new equipment. My walkbehinds it usually takes me about 1500 hours before I have enough money to buy another one, but I run them till they are totally dead. I have one right now that has over 3600 hours and is still running strong.
 

tiedeman

LawnSite Fanatic
Location
earth
I always budget for approx $3,000 misc expenses a year in regards to stuff that pops up. Truck repairs, mower repairs, replacement of 2 cycle equipment, etc. I have never gone through all $3,000. The most I did was I think $1,800 and that was last year. (fuel pump on truck, tranny in mower, replaced a trimmer, starter on truck)
 

Randy J

LawnSite Bronze Member
Location
Richmond, KY
When I built my cost of doing business Excell spreadsheet, I figured in depreciation costs, which in my thinking is not only a tax deduction, but treated as an expense a savings account for purchasing new equipment when the old wears out.

Randy
 

sildoc

LawnSite Silver Member
I set aside money for new equiptment. for every piece of equiptment I have I allow for 1/2 the price a year.
So take a 3500 machine and I will have put 1750 in an account for new machine. I am hoping in 3 years my current equiptment will still be running and I will have enough for almost 2 new machines and so on and so on. I do this for all equiptment right downt to the shovel and such. I know that there are problems here and there but have a maintenance account for every piece of equiptment and yes even the shovel. Last year I had over 5 grand in the account for left over maintenance and new equipment account. In esience I guess I have money to cover a major problem if it were to arise. HOPE NOT!
 
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