Clean It Up
UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: derek west on December 17, 2008, 10:52:05 pm
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must admit, thought about buying it myself as a back up now, and for the future when i'm mad busy, (ever the optimist eh!)
this is right up your street clinton.
you know you want one.
go on! treat yaself, its xmas.
check it out.
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=130275999001
derek
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Lee Grundy's set up is pretty smart too .
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This one has hardly any hours or miles on it, Lee's has but is an water cooled engine so should last loads longer.
£13000 IMO is well off but they will take offers. £8000 is more like it.
Shaun
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he's been offered 9k for it and declined.
it won't sell at 13 though.
i'd offer 10 if i wasn't in my first year, got to learn to walk first.
me!
being cautious!
surely not!
derek
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How much is the truckmount worth Shaun, van must be wort 4-5k
Andrew
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Remember the prices of 2nd hand vans is dropping sharply at the moment so i would say in todays climate the package is abt £9,000 - £10,000. same deal 12 - 18 months ago would get £2,000 - £3,000 more.
Richie
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Derek you must be minted ;D
Ryan
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ryan
i sold my house to start this business. (so yes, you could say i'm minted) seemed the right thing to do as house prices are falling. hopefully in 2 or 3 years time, house prices will have bottomed out and the business will be earning enough to get a nice place of our own again. until then, as long as house prices drop by more than £7000 a year, then i'm making money (theoretically)
he who dares.
derek
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Derek , if thats the case , then I take my hat off to you , that is pure self belief , a will to succeed and some big kahooners :)
But very risky :o
Ricky
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Saw that one derek :)
I believe you when you said you would have bought it too as another set up :)
Might go for 11 grand ??? :-\
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I think Derek just needs a sheepskin jacket and he'd make an excellent second hand van trader. ;D
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Van on its own 4k tops vans selling like this ten a penny its not what they ask remember its what they get dealers might advertise at 6k but they will take a trade in and give some sort of warrenty.
CHEERS TONY
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Mike
Who is lee grundy and what set up is it please ???
Cheers clinton
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This time of the year the kits worth that much but come January when we have more time on our hands its worth less. What you all have to remember is if this was bought from Hydramaster you’d be looking at fitting charges plus a 2 day turn around going down to Cornwall to have the machine fitted in your van?
So to have a turn key operation with extra kit for £13,000 is not be sniffed at considering the dollar has gone through the roof. A basic 318 with out a van is over £10,000.
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Clinton,
This is the details of Lee's set up, if you want his details i will send you a private e-mail.
iveco 29l9 van W reg 2000
approx 94k
serviced & road tax
fitted maxx 470 2450 hours
fully serviced
hose reel inc
vac/solution lines supplied
wand
stairs tool
external fitted fuel tank
ready to go
will be supplied with a 12 mty mot
£9750
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The van is worth about 1.5k but there's no doubting the money earning potential of this setup if you've got the business in next year.
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Don't forget it's a buyers market!
Shaun
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I told Lee he is selling it too cheap and he is !.
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Glynn
Not too sure, could be an iron albatross by Feb.
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Thanks for the reply paul. :)
As shaun said it is a buyers market and the other set up had an offer of over ten grand turned down ::)
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You will grab yourself a bargain next year Clinton.
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Mike
Think you could be right mate ::)
With only a few weeks to the new yr and with jan and feb coming up think there wil be some set ups going.
Its a good clean set up the one that derek posted but wants near the buy it now price..
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Its all very well saying oh!!!! they cost this and that new yes but it's NOT NEW it's SECONDE HAND that means if things go wrong no back up the price wanted is to high and if it is such a good thing why is he selling £13,000.00 is a lot of money.
ps. MERRY CHRISTMAS & A HAPPY NEW YEAR ::) ::) ::) ::) ::) ::)
CHEERS TONY
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Tony
Am thinking the same as you trouble is the venor has other things in mind :)
I did speak to the vendor and even the turbo dryer was worth over 300 pounds in there minds ::)
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Hi
Can it be arranged for a leasing company to buy s/h gear like this & lease it back at approx £250/£300 a month.
I dont know a lot about leasing but that would be a good deal i think.
Dave
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£300? He's having a laugh.
Even a good 1.5hp sanil isn't 250
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David
Do you use a truck mount mate ???
Good idea that leasing deal :)
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The other BIG thing to remember is that if you do buy something as expensive as this make sure there is no outstanding HP on it as it would still belong to the finance company and you could be left with sweet fanny adams. That means sod all ;D ;D if the person selling it did not clear what was outstanding when they sold it.
CHEERS TONY
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That's a good point Tony. Is the guy 'known'?
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Your right tony on that.
Think it was dave p who was looking fora new van and he saw one on a dealer forcourt and it was still on hp when he had it checked :o
Woul be much better from someone from the forum if we were going for aa upgrade thats used as least we know some a little bit more about the history of the sale ???
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On TM's they were saying a new 318 is 10k with essentials and vat, wonder if it's gone up with exchange rate or gone down cos they need to shift some?
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Mike
What i'm saying is if you can get a lease company to buy a second hand TM and van for say 11K and lease it back for a resonable sum, instead of buying new.
Dave
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I get it Dave.
Takes the edge of the monthly payments and you get a bit of piece of mind. It's not like there's an AA inspections for Truckmounts- or is there? :)
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Do you think there are some wit hp still being sold ???
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Worrying isn't it :o
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Never really thought about that on c cleaning t mounts :(
Know it goes of on vehicles and also bikes ::)
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Guy's With view to the reason why this is up for sale I have taken this posting from another board so we all know a little history on this item,
well it didnt sell, best offer was £10,100, I did have a chat with the lady whos selling it, her husband bought the van + machine new from H/M at a cost of £28k
He has since passed away and that is the reason for selling.
I did have a brief chat with H/M and they do a new van with 318 for around 20k at mo.
I still think 10k is a fair price considering risidual price of vans is low at mo, and as someone else said i think that van would cough abit with all the weight in! LWB would have been far better
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Dave
Your right on this one and i did also spoke to the lady who is selling the set up and she does seem genuine and am sure if even the vehicle was hpi,d it would come up clean :)
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I am sure she is a lovely peson but just remember this if he spent 28k on it and the machine has hardley done any work how was it bought 28k cash i don't think so. The only point i am making is make sure and not only the van.
Must GO or i will be late and that won't look good 8) 8)
CHEERS TONY
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i bought mine cash.
derek
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thing is if you know anybody in the car trade 5 pounds gets you a real h.p.i. check on the van not one of theses poop tx things ....
also if your clever and pay a small depsit say 50 pounds then ring h.m. with the owners consent they may tell you if these anything outstanding on the unit they never forget a t.m. they have sold
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Leasing is great but why not buy it through a loan? simular if not cheaper repayments.
Derek you paid yours cash because you have just started up (And I would have in the same position)after a while in business you tend to keep your own money and pay a loan from business expenses.
Shaun
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Hi
£11K loan over 3 years works out at £345 a month.
Dave
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good point shaun.
better wave though ;D
bet ya can't wave with both hands and wand at the same time?
derek
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;D
Give us a wave shaun ;D
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Leasing is great but why not buy it through a loan? simular if not cheaper repayments.
Derek you paid yours cash because you have just started up (And I would have in the same position)after a while in business you tend to keep your own money and pay a loan from business expenses.
Shaun
Shaun
Leasing keeps liabilities off-balance-sheet and therefore help keep lines of finance open. Although to most cc's there is probably not that much difference.
Re paying in cash. There can be tax advantages in taking finance as opposed to paying cash, but the differences only really become obvious once you are in the to the hundreds of thousands.
The reason most established cc's will take finance is because they have a proven track record of generating profits which will repay a liability month on month. Most will not have put money aside each month to pay outright for new equipment on top of their existing commitments whereas a newbie doesn't have a track record and has to rely on a cash lump sum up front. In effect a barrier to entry to the industry which can often be overcome by borrowing from friends and family if they don't have access to the money themselves. It often means they are under capitalised and hence struggle from day one.
And for those who do take finance they need to be aware that some finance agreements come with a balloon repayment and they should be putting money aside each month over-and-above the actual liability repayment to meet the balloon repayment at the end of the finance agreement.
Hope this helps-I'm not specifically disagreeing with you, just refining the point you were trying to make. :)
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Roger
Good post :)
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I think 13k is a very fair price.
Is a new boxxer not 12k plus vat, this ones barly run in and you got a van on top of that with only 19k.
Unless I have something wrong?
Also knowing the circumstance of the sale going in at the LOW punt some peoples mentioned is an insult and taking advantage.
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Hi
There is a Boxer 421 approx 1000 hours + Transit 40000 miles in this months NCCA newslink.
There isnt a price.
Dave
PS I have no connection with the sale.
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I don't know about the tax liabilities enough to comment about leasing compared to a loan but both are tax deductable albeit in different ways.
The digging around I did found that a monthly loan repayment was cheaper per month but as for the tax 'complications' it could work out to be better if you lease.
In all honesty my accountant advised me based on figures I showed him that it would be in financial terms about the same and I should chose the one that I was the happiest with.
If you can't pay the loan you are liable but if you can't pay the lease the lease owner takes the TM and van but that is a bit dark and depressing.
Shaun
PS My other hand is waving to people at the back of me, the wand is being hed by my urwfgl1igf1il24fy1i3f (damn keyboard)
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I don't know about the tax liabilities enough to comment about leasing compared to a loan but both are tax deductable albeit in different ways.
The digging around I did found that a monthly loan repayment was cheaper per month but as for the tax 'complications' it could work out to be better if you lease.
In all honesty my accountant advised me based on figures I showed him that it would be in financial terms about the same and I should chose the one that I was the happiest with.
If you can't pay the loan you are liable but if you can't pay the lease the lease owner takes the TM and van but that is a bit dark and depressing.
Shaun
PS My other hand is waving to people at the back of me, the wand is being hed by my urwfgl1igf1il24fy1i3f (damn keyboard)
Exactly. I'm glad we are agreed.
Oh it's a wand in front of you Shaun. I thought it was just a funny shaped urwfgl1igf1il24fy1i3f that you were boasting about ;D
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I think common sense is the key word, on both occassions ;D
Shaun
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he's either waving or....
he's had to much to drink and is holding himself up against a very big glass wall.
derek
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Derek
Il go with the second you know what those hard drinking yorkshire men are like :D
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I don't drink unlike Derek the Viking.
Shaun
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Same here ::)
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12K on h.p. would be 230/month over 3 years with LOMBARD ,They have some cracking deals at the moment I just bought a piece of kit, ...non cc for 120k at 2.5% and that was not dealer supported , that was the actual price, if you are confident you have the work there has never been a better time to invest.
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that is a cracking deal.
your only paying back £8280. no wonder the banks are damned.
think i'll get me ten of them. ;D
maths not your strong point jason.
or is it a typo?
derek
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It was a concrete batching plant 2300/month over 5 years. which means paying back 138k on a 120k loan ! If I were in the market , I would buy that set up at 12k for 230/month on HP over 5 years, and pay it back in 5 , at those low rates there is little point paying it back.