Investment Appraisal

[fen01]

Hi, I'm thinking of getting something like a Boxer, but am struggling with a methodology for an investment appraisal. Given that it would be used on may of the jobs i would have anyway ( I don't anticipated it generating new work).

 

So my current plan is to assume it will save about an hours time on an average medium\large dismantle, I would then use this 'saved' hour as money earnt by the machine minus fuel, insurance servicing etc. However, by this method it doesn't look a great investment.

 

What am i missing? Also struggling with the same issue with a MEWP, especially as you can't put a price on energy saved during a days graft...

 

Any thoughts or suggestions?

 

Thanks

 

Mark

 

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[Stephen Blair]

I've never heard of an investment appraisal, is this so you can get a loan?or to try and convince yourself it's needed?

[fen01]

Just working out how long it will take to pay for itself, not planning on borrowing for one if I can help it. I'm pretty sure its needed, but numbers need at come out the right way.

 

I know I want one though😁

 

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[Stephen Blair]

A boxer is a lot of money!

Loaders are great if you run 2 vehicles, if not your always going to have to do 2 runs or have a day to lift timber etc.

Now with the current demand for logs I don't see the need for removal of timber, get yourself some good firewood guys and they will carry it all out for you and take it away, organise nieghbours to help themselves too.

It will only make you money if it gets you to your next dismantle quicker, that's the cream money, tidying up and removal of wood is low earnings so I avoid as much as possible.

If you want to earn good money, but a micro chipper and take nothing away.

[fen01]

I agree, it is nice to have jobs were everything stays on site, but I don't have many of those. Its all about getting to the next job quicker, or shorter days and better quality of life etc.

 

Boxers are expensive, but they seem to do a lot - probably not the best tool for any particular task, but good enough for lots of tasks.

 

 

 

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[scraggs]

Anything that makes your life easier is a worth while investment imo

Have you actually managed to get a price from boxer ?, if you have then you are doing better than several on here, myself included.

[fen01]

No price yet, but they're not too far away. Are you considering any other options?

 

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[Stephen Blair]

Your minds made up, just go and buy 1 and try and not look to excited for the salesman

[fen01]

Ha ha, Stephen. That's how I ended up with garage full of motorbikes! Good shout, but big bucks to spend in my business early days.

 

Cheers

 

Mark

 

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[Stephen Blair]

If your being sensible, take my advice and don't buy 1 unless you can leave a worker and transport to tidy while the climbing team move on to the next job.