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<blockquote data-quote="chevytaHOE5674" data-source="post: 1821101" data-attributes="member: 19817"><p>At those rates one breakdown will bankrupt you. You need to be charging enough so when something breaks or is slap worn out you can replace it without a struggle.</p><p></p><p>If your baler burned up?</p><p>Tractor engine blows?</p><p>A big tire gets wrecked?</p><p>Etc?</p><p></p><p>Where will the money for those repairs come from.</p><p></p><p>So you charge 65 an hour, subtract out your 25 wage and your at 40 an hour for the equipment. Burn 3 gallons of fuel an hour @4.50 a gallon and your down to 26.50 an hour to keep up with the normal maintenance like oils/filters changed, greased, tires replaced, etc. As well as pay for insurance on that piece and be saving money for major repairs or replacement when it's life is up.</p><p></p><p>For reference I just finished up an engine rebuild for a customer the bill was just shy of 10k all said and done.</p><p></p><p>Also as an FYI I charged 13 just to bale 4x5s about 6 years ago when fuel was $3, and a new baler could be had for 30k, not today's $4.50 fuel and 50k+ for a baler.</p></blockquote><p></p>
[QUOTE="chevytaHOE5674, post: 1821101, member: 19817"] At those rates one breakdown will bankrupt you. You need to be charging enough so when something breaks or is slap worn out you can replace it without a struggle. If your baler burned up? Tractor engine blows? A big tire gets wrecked? Etc? Where will the money for those repairs come from. So you charge 65 an hour, subtract out your 25 wage and your at 40 an hour for the equipment. Burn 3 gallons of fuel an hour @4.50 a gallon and your down to 26.50 an hour to keep up with the normal maintenance like oils/filters changed, greased, tires replaced, etc. As well as pay for insurance on that piece and be saving money for major repairs or replacement when it's life is up. For reference I just finished up an engine rebuild for a customer the bill was just shy of 10k all said and done. Also as an FYI I charged 13 just to bale 4x5s about 6 years ago when fuel was $3, and a new baler could be had for 30k, not today's $4.50 fuel and 50k+ for a baler. [/QUOTE]
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