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.