Do I buy a chipper??

[Arb123]

Starting to get alot more tree work in, forever hiring a chipper in from a mates company, do I bite the bullet get a loan and buy a decent one? Or buy something for 3k ish and not have the worry of a loan to pay. I'm my thoughts the money I pay for hire would pay the loan. Any one know the finance on a 6inch chipper? And for how long?

[daveindales]

Don't take out a loan. Save up a while and buy a good quality second hand one. That's my advice

[Le Sanglier]

Borrow the money and get a goodun.

[skyhuck]

Borrow the money and get a goodun.

 

[Pete Hart]

I found that I was spending so much on disposing of unprocessed green waste that saving money (tipping chip for free or even selling it!) alone meant I was vastly better off. Add into the mix that you can fit more onto your truck when chipped this added greatly to efficiency when out on a job.

After a deposit of approx £4500 my chipper costs me £212 a month, it's a business cost that actually makes me money along with the savings on waste.

Plus it's nice to know its a new piece of machinery and you know it's history once you have started using it.

Approaching three years on since I purchased it I haven't regretted it for a moment and only wished I could have afforded the deposit sooner!!

Hope this helps

 

 

 

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[daveindales]

It's each to their own. I'd always be worried about sickness, lack of work etc., if I borrowed money. Furthermore, your usually paying more than if you bought something outright. I like the fact that if my chipper sits for a month, it doesn't cost me anything.

 

just my own thoughts

[ecotreecare]

You cannot operate a business efficiently without some sort of finance along the way. It is a risk getting finance but that's the joys of running business.

 

I would buy new if you can afford it, my first chipper I bought here in NZ was second hand. (couldn't afford new at the time) It was costing more on repairs and maintenance a month than the repayments on a new one. But at the time the bank wouldn't lend the money.

 

Now we have a new machine and never look back.

[Shane]

With interest rates low why not find out what loans will cost?

Some of the manufacturers do pretty good loan deals (it helps them sell new machines).

Finally - when youve got 8 or 9 cube mtrs of brash piled up in the road it's not a great time to find out what the previous owner meant by an occasional hiccup.

 

Talk to the suppliers - they will want you to but a new one and they will help.

Just make sure you avoid those who market themselves through ebay for under £7k

[Mark Bolam]

That was pretty much my experience too Eco.

[coleman]

you could proberly still get finance on an ex demo machine (if you can find one) that would be a bit cheaper than brand spankin' and you should still get a warranty.