Stump grinders

[eggsarascal]

Love that subject dOnt you

 

It works both ways......

[Jonny69]

Imagine the sales pitch Ian.

 

Yes the machine is 10500 plus vat 12600 inc.

 

This is a great machine but do bear in mind after a year it will have depreciated by 40% = 5040.00 on the inc vat price. Imagine the sales drop then. Only the rich and famous would buy them to write off against tax lol

 

I paid about £7000 for a HB20 roughly 3-4 years ago. Done about 300hours.

 

Dean has recently offered me the same to trade it back against a new one. So roughly a 3500 cost to change to a brand new machine. Or another way to look at it is 11.66 per clock hour depreciation.

 

An assets cost is inconsequential, the value when you want to sell is the issue. A Deutz and a fendt have wildly different new costs but they both cost about the same in depreciation per clock hour.

[GlobalNewark]

40% haha my arse. More like 25% then 10% per anum

 

 

 

Not one rule for one and one for another thats just bull

 

 

Here is my bull, ever taken your vehicle back to the garage a week after you purchased it to see if you get the same price? Ever had finance say to you don't sell the asset for at least three years as it will cost you a fortune or perhaps my16yrs doing this I have got it wrong. Perhaps all the sales & management training I had I must have misheard.

 

[swinny]

Johnny69 machine didnt seem to depreciate that much

 

Up to 40% most write of 25% in first year

[GlobalNewark]

Johnny69 machine didnt seem to depreciate that much

 

 

 

Up to 40% most write of 25% in first year

 

 

You were doing exceptionally well on your grinder then from the purchase price, on my trade value it only lost 15% in Two years. 👍