Bought two sanys - have I gone mental?

[Storrsy]

My trouble is I'm a digger brand snob. But I don't feel bad about that. The Chinese have been churning out utter garbage for years and so they've made a rod for their own back as far as I'm concerned when it comes to brand and provenance perception.
I actually don't know what would even sway me tbh. Even if lee comes back in 5 years time saying he's had no issues i'd still sooner spend 20k on a used Volvo than less on a new Sany. There I've said it- that's how shallow I am

 

[Vinpetrol]

Having sat exactly where it was unloaded 2 months ago the above mentioned tractor is now for sale…make an offer if anyone wants it or it’s off to the eBay muppet market on Monday!

Where are you lee ?

 

[Thomas7740]

Where are you lee ?

Maybe too busy fixing Sanys, or they’ve been cheap to buy and run and he’s on holiday enjoying the profits

 

[6feetdown]

My trouble is I'm a digger brand snob. But I don't feel bad about that. The Chinese have been churning out utter garbage for years and so they've made a rod for their own back as far as I'm concerned when it comes to brand and provenance perception.
I actually don't know what would even sway me tbh. Even if lee comes back in 5 years time saying he's had no issues i'd still sooner spend 20k on a used Volvo than less on a new Sany. There I've said it- that's how shallow I am

My issue is they have 1 agenda

 

[V8Druid]

Where are you lee ?

that's pretty tidy, if it's still there Vin

 

[Vinpetrol]

that's pretty tidy, if it's still there Vin

Yes , it’s likely off though . I missed the post first time round and thought it was recent I’m sure lee will enlighten us though

 

[Lee]

Yes , it’s likely off though . I missed the post first time round and thought it was recent I’m sure lee will enlighten us though

Sorry boys, been absent for a while….old tractor went to mart sake and made me a £400 profit and Sany’s all still going well. They’ll be for sale shortly though if anyone interested as getting divorced and wife wants everything sold, including farm so we can divvy everything up. Although it didn’t start that way I’ve ended up with a younger model and it’s obviously got her back up! So she’s busy spending her half on solicitors fees whilst I keep the business going to pay the bills! Any of you lads who’ve been here before who have advice to share I’m all ears…

 

[Monkeybusiness]

Sorry boys, been absent for a while….old tractor went to mart sake and made me a £400 profit and Sany’s all still going well. They’ll be for sale shortly though if anyone interested as getting divorced and wife wants everything sold, including farm so we can divvy everything up. Although it didn’t start that way I’ve ended up with a younger model and it’s obviously got her back up! So she’s busy spending her half on solicitors fees whilst I keep the business going to pay the bills! Any of you lads who’ve been here before who have advice to share I’m all ears…

Use the Sanys to dig a big hole and get hold of some lime….

 

[Lee]

Looking at starting up again, losing the benefits of the farm makes a massive difference to how well the business operated. Going forward I’m considering 3 options and I’d appreciate qualified feedback
1. Go tiny, me and 1 or 2 lads. A few machines for our own work, bit of self drive to keep cash flowing, keep my head down and not really invest or build anything. Loads of flexibility and resilience, but always relies on me working to earn. Rent a bit of yard space of a farming friend or two and chuck a container in to store tools.
2. Go retail, take a unit in town, push self drive hard and small tool type plus sales but limit contract work. Opportunity to build something that could be sold or managed by someone else and keep earning but more admin, inspection, staff, hassle. Big bills, no flexibility and little resilience. Not something that really makes sense to me, especially having run a food retail business for last 17 years. General public not really my bag!
3. Buy bit of land, build it back up again. Get to having sheds, house, bit of stock, space to muck away and recycle etc. the dream really but not sure I’ll ever get back there.

Bit of context, 44 years old. Lucky to walk away with 500k max by the end I imagine, and I’ll need a chunk of that to buy somewhere to live.

 

[Diggerdavey]

Looking at starting up again, losing the benefits of the farm makes a massive difference to how well the business operated. Going forward I’m considering 3 options and I’d appreciate qualified feedback
1. Go tiny, me and 1 or 2 lads. A few machines for our own work, bit of self drive to keep cash flowing, keep my head down and not really invest or build anything. Loads of flexibility and resilience, but always relies on me working to earn. Rent a bit of yard space of a farming friend or two and chuck a container in to store tools.
2. Go retail, take a unit in town, push self drive hard and small tool type plus sales but limit contract work. Opportunity to build something that could be sold or managed by someone else and keep earning but more admin, inspection, staff, hassle. Big bills, no flexibility and little resilience. Not something that really makes sense to me, especially having run a food retail business for last 17 years. General public not really my bag!
3. Buy bit of land, build it back up again. Get to having sheds, house, bit of stock, space to muck away and recycle etc. the dream really but not sure I’ll ever get back there.

Bit of context, 44 years old. Lucky to walk away with 500k max by the end I imagine, and I’ll need a chunk of that to buy somewhere to live.

Only advice I can give you is keep the arguments between you and ex to a minimum. The only people that gain in the long run from you two falling out is the solicitors with their inflated invoices. Far better for both of you and less bitterness if you can agree on a straight 50/50 split. Get everything independently valued a couple of times to get an average and keep what makes sense to keep out of your half. Selling machines and buying more is just more expense. Just be fair with each other and get going again. I was 36 and it’s surprising how quickly you can build again if you’ve got some capital left

 

[6feetdown]

Looking at starting up again, losing the benefits of the farm makes a massive difference to how well the business operated. Going forward I’m considering 3 options and I’d appreciate qualified feedback
1. Go tiny, me and 1 or 2 lads. A few machines for our own work, bit of self drive to keep cash flowing, keep my head down and not really invest or build anything. Loads of flexibility and resilience, but always relies on me working to earn. Rent a bit of yard space of a farming friend or two and chuck a container in to store tools.
2. Go retail, take a unit in town, push self drive hard and small tool type plus sales but limit contract work. Opportunity to build something that could be sold or managed by someone else and keep earning but more admin, inspection, staff, hassle. Big bills, no flexibility and little resilience. Not something that really makes sense to me, especially having run a food retail business for last 17 years. General public not really my bag!
3. Buy bit of land, build it back up again. Get to having sheds, house, bit of stock, space to muck away and recycle etc. the dream really but not sure I’ll ever get back there.

Bit of context, 44 years old. Lucky to walk away with 500k max by the end I imagine, and I’ll need a chunk of that to buy somewhere to live.

Go no 1 for now sort out the stuff then set a target for no 3

 

[Furniss]

Use it as an opportunity to get out of the job completely..

EDIT: and dont move next door to giles

 

[Vinpetrol]

Sorry boys, been absent for a while….old tractor went to mart sake and made me a £400 profit and Sany’s all still going well. They’ll be for sale shortly though if anyone interested as getting divorced and wife wants everything sold, including farm so we can divvy everything up. Although it didn’t start that way I’ve ended up with a younger model and it’s obviously got her back up! So she’s busy spending her half on solicitors fees whilst I keep the business going to pay the bills! Any of you lads who’ve been here before who have advice to share I’m all ears…

I have , I know it’s really hard to stay civil with each other as it’s an emotional time . Try and see things from both sides and if you can get to have a conversation without solicitors you’ll both be better off. Also try and keep the newer reg model out of the xs way . You might feel justified but it won’t help pissing her off.

 

[hiluxman]

s**t situation I'm sure.

I saw it growing up and I'm sure the civilised made things alot easier between them.

 

[DaveDCB]

My parents divorced 20 odd years ago.. they only briefly spoke at my wedding… nothing before or since!
Both blew loads of solicitors/barristers all because one wanted more than the other, in the end the extra ££ one would of got went to the barristers I was involved a lot with it all, a mediator I suppose.
Don’t try to be clever with values etc keep it fair. Selling everything is probably going to cost you more but it stop all the valuation arguments (so long as you both agree to the sale price ofc) I’d just auction everything on the agreement it’s put to bed as quickly as possible so you can both move on!

 

[TiltyShaun]

All good advice to keep it simple between the pair of you.
Good luck

 

[Lee]

Initially I’d offered more than 50/50 and keeping the digger business going which could buy her out over 10 years.No need to get any legal involved, keep it in house. Would have reduced her tax bill and given her a good income till retirement. Then the land agent got involved and some figures mentioned and things changed. And again when looking at our insurance schedule and thinking the machines are worth what they are insured for not what we would get at auction. So my second offer rather than solicitors was just sell everything in a farm sale or similar where absolutely everything will be sold despite the fact some of the machines will be worth f all in an auction, dissolve the partnership and limited company. Pay off any debt and bills split what’s left. Seems fairly straightforward. But now got letter from a solicitor saying nothing to be sold and get some legal representation. I don’t want to as it’s a waste of money, effectively we can’t do anything other than either sell everything or agree values but ultimately split 50/50?

 

[6feetdown]

Initially I’d offered more than 50/50 and keeping the digger business going which could buy her out over 10 years.No need to get any legal involved, keep it in house. Would have reduced her tax bill and given her a good income till retirement. Then the land agent got involved and some figures mentioned and things changed. And again when looking at our insurance schedule and thinking the machines are worth what they are insured for not what we would get at auction. So my second offer rather than solicitors was just sell everything in a farm sale or similar where absolutely everything will be sold despite the fact some of the machines will be worth f all in an auction, dissolve the partnership and limited company. Pay off any debt and bills split what’s left. Seems fairly straightforward. But now got letter from a solicitor saying nothing to be sold and get some legal representation. I don’t want to as it’s a waste of money, effectively we can’t do anything other than either sell everything or agree values but ultimately split 50/50?

Solicitors are vultures

 

[DaveDCB]

Any kids involved? That complicates things. You will need a solicitor anyway for all the legal crap.

 

[Lee]

Any kids involved? That complicates things. You will need a solicitor anyway for all the legal crap.

Not mine. She had 2 very young ones 3 and 5, when we met 19 years ago, raised as my own, had pretty much zero contribution from real dad, were both working for me till this happened. Whether she’s asked them to stop or they wanted too not sure.