Welcome to the CCP...... Sany SY18C

JD450A

JD450A

Feral as Fk 🐾
Ask yourself if you are going to earn any money from the telehandler. Cash that in and you can borrow less and reduce the term so pay a lot less in interest
Then why are you looking to pay that 10k in interest to have a third 7 ton brand new??
If I keep both the handler and the 7-tonner between two machines, they need to earn me under 10k in 5 years..... so £1000 each a year or roughly two days each....... Both can do that on convenience alone. The 7-tonner also has the reality that it has an entire machine's worth of spares for my other 7-tonner. An engine rebuild these days will be around five grand.....

I detest finance, and the thought of giving money away.
However…. that £10k comes out of your profit and is taken straight off your tax bill.
(And the owned-outright-and-depreciated-off-the-books but still a useful earner can easily be converted into relatively tax-free reddies at any time if needs be)…………
This too. And If I sold the Telehandler/175 to fund the deal, I would be paying Tax on the profit......
£2000 a year (it's less than that) cost isn't an issue and is worth the tax write-off. Likewise, keeping two machines and adding a new slightly different digger works well for me better than loosing the pair to fund something slightly newer.

The Sany deal worked because the Machine was cheap enough with the PX's and on 0% tick..... Unfortunately, the Sanys only work as long as I have complete faith in the dealer to see right by me as an individual..... something that TBH has been badly eroded this week.
 
JD450A

JD450A

Feral as Fk 🐾
is the et65 new ? what about nodding tab ....you had your doubts when it was discussed, have you used a tab version ?
I have despised every TAB boom machine I have ever driven...... However, I have a plan: if I stick-weld the boom together..........
All joking aside, second-hand with 1000hrs.... 2022 (I think). Thoughts on the Tab, If I'm honest I don't want a Tab, but it does theoretically bring the reach to a very close par with the TB175 and I suspect a wide set of steels might make it all bearable. I also would be making some boom markers to indicate when the boom was in my "happy place"..... Something you can't do on someone elses digger.
 
Storrsy

Storrsy

Well-known member
I'm the same, from the outside some people think your mad for having 2 or 3 of the same sized machines.
Same. It's a system that works very well for me too. Leave a machine on site and come and go as necessary in just the truck, running a few jobs at the same time has always suited me as can adapt to stalls on the job or weather whatever, waiting for materials. I tend to keep a machine in the two areas of the moor I work the most. That way they just go a mile or 3 to the next job and being the same hitch the attachments can go where required. If I had £35k I'd get far better value from 2 decent used 3 tonners than 1 new one. Although I'd like a new one too!
 
doobin

doobin

Well-known member
If I keep both the handler and the 7-tonner between two machines, they need to earn me under 10k in 5 years..... so £1000 each a year or roughly two days each....... Both can do that on convenience alone. The 7-tonner also has the reality that it has an entire machine's worth of spares for my other 7-tonner. An engine rebuild these days will be around five grand.....his too.
Man math at it's finest, love it!

I used to be like that, as well leaving machines on jobs. But I've changed mindset now, I'd rather have fresh kit that I know will be reliable, and if I'm going to finance it'll be a different machine such as a tracked loader. I really can't see the point in having three nigh on exactly the same as a one man band.

When it comes to leaving machines on site, I'm sure it's more efficient to just get on and get the job done, then on to the next. But I'm a total hypocrite here, I'm terrible for not doing as I preach. I wind myself up when I need a machine and I've left it on site 'to save hauling the trailer home'.
And If I sold the Telehandler/175 to fund the deal, I would be paying Tax on the profit......

It would go onto your income for the year, and that extra income would be promptly fully offset by the new machine cost. No tax.
 
JD450A

JD450A

Feral as Fk 🐾
It would go onto your income for the year, and that extra income would be promptly fully offset by the new machine cost. No tax.

Yes, but slashing tax on other income and also retaining a depreciating asset is better for me 😉

With regards the "finish job and move on" logic for us it doesn't work like that. Some hires involve multiple phases due to site space or programming (I.e dig out for retaining wall, wait for it to be built, return to backfill). Having something that can be left allows us to do jobs like this without attempting to charge when we aren't there..... If we did charge we would loose the hire to bob the builder hiring a A plant digger..... Likewise continually charging the customer for low loader bills makes me look unaffordable and doesn't actually line my pocket 😏 and my entire aim with work is to do as little as I can for the maximum return.

On the Made or Saved....... Made is the answer.... The work wouldn't happen otherwise. It does theoretically save money on low loader shifts but the reality is they wouldn't happen as the job would not be economically viable. There is a caviat to this which is a 3t machine could mop up some of those jobs..... But I'd just be swapping a machine over again.
 
JD450A

JD450A

Feral as Fk 🐾
On cheerier news the cheap micro digger is out earning....
 

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