Tractor Leasing

Part Time Pete · Dec 1, 2017

My neighbor has a snow removal business downstate - part of his equipment are 8 four wheel drive loader tractor in the 100hp range. They sit all summer doing nothing, so he's thinking of leasing them out. Has anyone done anything like this, or know what the process would be?
Thanks
Pete

LAA · Dec 1, 2017

Maybe find someone with a highway mowing contract, or better yet, get his own mowing contract.

Leroy · Dec 1, 2017

Would not be possible in Ohio, All mowing is done by goverment owned equipment and goverment workers.

caterpillar guy · Dec 1, 2017

Would want some kind of anti theft device on it. Things disappear from places like that where they are left unattended for long periods of time. Also how is the cold starting going to be accomplished? Ether and hope or plugged in ahead of time? What about insurance and damage to equipment liability, for both directions somebody hits it setting, or driver hits vehicle moving in lot. Probably would be best charged by the hour with a figure for setting out for the winter with some time for starting and ending season.

The Famous Grouse · Dec 1, 2017

(quoted from post at 13:53:28 12/01/17) My neighbor has a snow removal business downstate - part of his equipment are 8 four wheel drive loader tractor in the 100hp range. They sit all summer doing nothing, so he's thinking of leasing them out. Has anyone done anything like this, or know what the process would be?
Thanks
Pete

Most snow removal guys are the ones DOING the leasing for just this reason. Don't want to be paying for equipment that's sitting for half the year or more.

IMO leasing out the equipment would only make sense if you wanted to get into that business full on. As a sideline, IMO, there's no end to the trouble. Keep in mind, if you lease it out, you have to support it. Everything that breaks is your problem AND the guy that leased it is always p!ssed at your crappy equipment breaking down AND he wants it fixed yesterday because he's now behind schedule due to your breakdown...

Grouse

Duane WI · Dec 1, 2017

I agree with Grouse. The whole thing seems backward. If you get 15 snow plowing days per year and each tractor runs for 10 hours each snow fall you are only putting 150 hours a year on a tractor. Seems like a lot of investment in equipment and low utilization. I would also think that leasing in the winter is cheaper than leasing in the summer just due to the demand. A lot of tractors sit idle all winter long. I would sell the tractor and lease them back 4 months out of the year.

ss55 · Dec 1, 2017

Some snow removal businesses only own/lease the specialized equipment they need for snow removal: snow blowers, snow plows, wide snow blades, etc. Any non-specialized equipment like farm tractors, pay loaders, dump trucks, drivers, etc. can often be hired locally because winter is the off season for those operators and equipment. They hire local dump trucks, farmers with tractors, etc. They can pay more by the hour because they are not carrying as much fixed overhead.

ajl · Dec 1, 2017

Outfit in Ontario Canada is trying to facilitate that exact thing. It might give you ideas. DOZR.com

Andy Martin · Dec 1, 2017

If he already has a successful snow removal business and can afford that type of equipment I would think he is better off letting them sit all summer. You lease them out and they're all broke down when it's time to start snow removal. Might be better to have his employees do custom work with the tractors in the summer so he can control how they are treated.

DoubleR · Dec 1, 2017

My friend use to lease his pay loader out to a snow remover contractor instead of letting it set all winter. It sat at a church yard and he finally got tired of replacing stolen batteries and other parts that came up missing where it sat. He decided he was money ahead to let it just sit at his yard all winter.

Part Time Pete · Dec 1, 2017

Thanks guys
It just may not be feasible, especially in this area. It's mostly dairy farms around here, and there isn't much extra cash in that business. He does well without using them in the summer, so it might be more trouble than it's worth
Pete

stonerock · Dec 2, 2017

Leroy, in ohio my township hires out some mowing

Leroy · Dec 2, 2017

Every place that I know the mowers are owned by the goverment and the mowing is done by goverment workers, in the case of the townships it is the trustees mostly but they can hire a driver if they need to. Could what you have be some specelized ditch mowing equipment? That could fall under different rule.

Tractor Leasing

Part Time Pete

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LAA

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Leroy

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caterpillar guy

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The Famous Grouse

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Duane WI

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ss55

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ajl

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Andy Martin

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DoubleR

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Part Time Pete

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stonerock

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Leroy

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