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Skid Steer rentals / leasing

Discussion in 'Commercial Snow Removal' started by Brant'sLawnCare, Aug 13, 2012.

  1. Brant'sLawnCare

    Brant'sLawnCare PlowSite.com Addict
    Messages: 1,756

    What kind of prices are you paying for bigger skids fully set up to plow? I got a quote from one of my local dealers for $850 / month, which only includes the machine. There is a limit of 25 hrs per month, but they total the hours at the end of the season, so most likely we wouldn't have to worry about going over. Does this seem a bit high, or what are you guys paying? Also, do you charge a retainer fee for having the skid on site?

  2. merrimacmill

    merrimacmill PlowSite.com Addict
    from MA
    Messages: 1,823

    That seems like a good deal, although I'd prefer to see more like 40 hours per month. Even though 100 total (assuming a 4 month rental) would probably be enough for plowing alone, keep in mind if this is your only skid steer on a good winter you will find yourself trailering it all over to stack snow in the the tight areas, load salt possibly, etc.. A payment on owning one would be more than that if new. And it also depends on what type, size, and year of machine it is too, but generally from a rental place, its a decent rate.
  3. Brant'sLawnCare

    Brant'sLawnCare PlowSite.com Addict
    Messages: 1,756

    Thanks for the help. This wouldn't be my only skid steer. I have another one, but I am thinking about buying another. However the only problem I have with buying one is that the skids just seem to sit around during the summer months. I don't do a whole lot of big landscaping projects where we would need to use one a lot. I am just checking out my options. To buy a decent used one would be around $15k.


  4. JD Dave

    JD Dave PlowSite Fanatic
    Messages: 11,194

    Seems cheap to me also but buying to me is better, at least in the end you have something. If you can afford it and it makes business sense I'd look into a purchase. I wouldn't worry about not using it as long as it pays its keep in the winter. After its paid for is when you really start making money.
  5. xtreem3d

    xtreem3d PlowSite.com Addict
    Messages: 1,548

    Here in St. Louis that would be a great deal. Bobcat & NH want full rental even in winter...2K or so per month..unlimited hours
  6. Mick76

    Mick76 2000 Club Member
    from Maine
    Messages: 2,157

    X2........Ive gotten to know a number of smaller landscapers and i rent mine out in the summer to them... easy money
  7. Brant'sLawnCare

    Brant'sLawnCare PlowSite.com Addict
    Messages: 1,756

    Very good advice. Thanks for the help guys. Keep it coming!
  8. PhilFromErie

    PhilFromErie Senior Member
    Messages: 263

    $850 don't sound too bad I think I paid 600 a month once but it was a used machine. I personally don't think rental is a bad way to go, Around here you can have a contract one year, loose it the next and have it back the next. People bid stuff every year and its always to the lowest bid, nothing else. At least then if you get low balled the next year you don't have to scramble to keep your loaders busy. Plus how many loaders do you need sitting in the shop all summer?
  9. ryde307

    ryde307 PlowSite Veteran
    Messages: 3,145

    Purchase vs rent depends alot on your year round use.
    But if you think you may need another machine or it may be worth while look around rental places that have a buyout option at the end of the season.
    The CAT dealer here has an option at the end of the season to purchase your rental and 100% of the rental goes towards purchase price.
    Worst case you realize you don't need it and you just rented like normal.
    Best case you are looking forward to a busy year and you now have a winter worth of payments headstart on your new machine.
  10. mpgall26

    mpgall26 Senior Member
    Messages: 228

    New Holland had some offer of $499 a month for 36 but needed a few thousand at signing. I'm not sure if it counted toward buy out, but if so maybe something to look at.
    Without knowing the details of what you mentioned the hours seem a bit low, but the price is far cheaper than anything rented around here.
  11. magnum1

    magnum1 Senior Member
    from ID & ND
    Messages: 249

    I run new Case units 90 + hp ( purchased ) with good credit the mo. payments w/ 0 down are around 700.00 to 800.00 per mo. depending on your terms. ck it out + plow
    Last edited: Aug 16, 2012
  12. shooterm

    shooterm Senior Member
    from Midwest
    Messages: 272

    Read the fine print on the bottom and it will say also $5,000 at closing. To many rental fees and your asking to screw yourself out of any profits for awhile if the weather doesnt permit. I think you can ask the local contractors on last years events. Also I think its quite possible in the Wi region to get back to back large snow events and use up half the season hours.
  13. PTSolutions

    PTSolutions PlowSite.com Addict
    Messages: 1,537

    sounds like a good rate to me, except for the hour limit. was quoted about 12-1500 for the large frame s770(i think thats the model) with unlimited hours and full maintenance.
  14. Brant'sLawnCare

    Brant'sLawnCare PlowSite.com Addict
    Messages: 1,756

    I was hoping if I would rent something, that it would come all set up, and with more hours. I would probably buy one after thinking about it.
  15. jmmay82

    jmmay82 Junior Member
    from chicago
    Messages: 6

    where di you get that quote from?
  16. magnum1

    magnum1 Senior Member
    from ID & ND
    Messages: 249

    If at all possible purchase a unit. Here's my reasoning:
    1. depreciation advantages
    2. interest write off
    3. maintenance and fuel expense deductions
    4. productivity and asset category addition

    Put your hard earned capital to work for you not the bottom line of a rental or leasing co.
  17. mikeplowman

    mikeplowman Senior Member
    Messages: 149

    i was quoted $1200/month from sunbelt north of chicago
  18. Jim74

    Jim74 Member
    Messages: 50

    Ive had 2 people this year tell me that they rented through Caterpillar and only paid for the hours that they put on the machine, one was for snow removal last year and one owns a farm stand and only used it to load loam and mulch for his customers, I was trying to rent my bobcat to the farm stand guy but couldnt match the offer. I dont know all the particulars but that didnt sound like a bad deal to me, it is caterpillar so their has to be some fine print involved.
  19. plowfever

    plowfever Senior Member
    Messages: 234

    I leased a New Holland L220 last fall. It cost me $650/mo. and I get 400 hours a year. For me I wanted a new machine for peace of mind and when I ran the numbers buying vs leasing it came out to be about the same money in the long run when I added in the value of the machine at payoff. That price included me loading this machine up with 2 speed, cab with hvac and hydraulic coupler as well as a 8' protech pusher. If I were going to buy this outright it was going to be like $42,000. I priced Deere and Case as well but New Holland had the best deal followed closely by Case. I know a lot of people on here don't agree with leasing but for me and my needs it made the most sense.
  20. bigz64

    bigz64 Junior Member
    Messages: 18

    i agree with leasing, but i do a lease to own thing with a small buy out at the end ~$1000. its more per month but the write offs in Canada are better with a lease/rental than to buy the machine outright. then at the end of your lease you have a machine you own which you can choose to sell at that point

    also large skids up here rent for $250 a day... $800 a week... and so on