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Tractor Talk Discussion Forum

Price suggestions...

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old fashioned f

04-19-2005 11:00:32




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Howdy all,

Despite my recent goof up on a tractor restoration for a friend, I'm seriously thinking about seeing if some other people around the area would be interested in having their tractors restored. From what I've seen from people I know, there is an interest. Anyway, it's too late for this restoration but in the future I'm curious as to what I should charge for the restoration (the labor)? I do insist that the tractor owner pay for all parts, paint, etc. That worked out great on this restoration. I'm just not for sure what a good labor price would be. Suggestions? I appreciate the help. God bless.

--old fashioned farmer

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Big Don in Tn

04-19-2005 19:37:36




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 Re: Price suggestions... in reply to old fashioned farmer, 04-19-2005 11:00:32  
Aberdale Farm, I sure would like to do business with the guy you know that does it for $1500.00 plus parts. I could farm all mine out to him and wouldn't come in wore out and nasty. WOW! what a deal. How far is he from Tennessee? Don



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carpenter

04-19-2005 15:26:15




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 Re: Price suggestions... in reply to old fashioned farmer, 04-19-2005 11:00:32  
We go throught this all the time in my bussiness. for three decades we don't do work by the hour. Do it by the job. Its your responsibillity as the pro to predict all that might be neaded. Sometimes it is cheaper and better for the owner to just restore. Example: replace all parts in the clutch and labor for this much$. New tires $ body work and paint$.

My best taper makes 80 to 100 per hour and is the cheapest and best I've got. Pay a man 10:00 per hour that can handle one milker or a 20:00 for a man that can handle three or whatever.

Its allways cheaper to buy an allready restored tractor.

i will pay top doler for a original super low hour tractor or one that has bean RESTORED not fix whats broke and sprayed over the grease.

Do it by the job not the hour. Your oppurtunity and not his risk. Its a good test of your charector also.

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Aberdale Farm

04-19-2005 16:31:37




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 Re: Price suggestions... in reply to carpenter, 04-19-2005 15:26:15  
I would agree with Carpenter. It makes more sense to charge by the job. Charging by the hour leaves too many variables.

One fella I know will clean, paint, and do a "cosmetic" restoration for $1500 (labor only) plus parts. His work is beautiful. Personally, I couldn't do it for $1500 because I'm too slow.

Charging by the job give both parties a good idea of what the job is going to cost, and it will give you an incentive to get it done quickly.

Just a thought.


Dale

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kyhayman

04-19-2005 15:17:10




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 Re: Price suggestions... in reply to old fashioned farmer, 04-19-2005 11:00:32  
The local neighborhood tractor repairman charges $35 an hour and has a 6 week appointment list. Couple of smaller independent shops that specialize in farm equip and tractors charge $40 at the shop, $60 in te field. I wouldnt do it for any less.



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Oliver

04-19-2005 13:57:51




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 Re: Price suggestions... in reply to old fashioned farmer, 04-19-2005 11:00:32  
Well there are may ways to look at this: What"s your time worth to you? On top of that what"s the use of your shop, tools and untilities worth? Ok, now that we have those numbers, now can anyone afford that rate? On the other hand, if you are too cheap, will anyone respect your work? I"d think maybe $25 an hour would be a minimum.



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Matt from CT

04-19-2005 14:36:21




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 Re: Price suggestions... in reply to Oliver, 04-19-2005 13:57:51  
>On the other hand, if you are too cheap, will >anyone respect your work?

Totally different industry...same issue.

At work we've been having a big go-around with two vendors. One selling Dell, one selling Compaq. Both good brands of computer servers, we're a "Compaq" shop (easier to keep spare parts, etc...four hour response times are meaningless to us, better for us to keep spare parts and let the cheaper next-business-day service plans replace the spares then). But we're willing to buy other brands for good reasons.

Dell is currently bidding a system at 50% the cost of the Compaq equipment.

That's such a huge difference, we keep going back to them with questions, asking Compaq to re-bid, etc. It's looking like Dell just has a phenomonal deal on some equipment they want to move, but had it been in the ball park, say 20% less, we would've pulled the trigger 2 weeks ago. For 50% off, we keep asking ourselves "What are we missing here, since apples to apples shouldn't be that big of a difference!" We're talking the difference between $15,000 and $30,000...hate to give up that much money, don't want to be snookered either.

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J.C. IN AZ.

04-20-2005 19:09:04




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 Re: Price suggestions... in reply to Matt from CT, 04-19-2005 14:36:21  
A big issue for Dell looms in the near future. The units at 50% off may be obsolete before they warm up. Any PC Service Concern should be aware of this. This is a Rumor that is being spread to deal with dells $399.00 TV Ads. This is a Dell I am using and I think it is a pretty good PC.



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53DC

04-19-2005 13:07:59




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 Re: Price suggestions... in reply to old fashioned farmer, 04-19-2005 11:00:32  
The guy helping me restore my DC charges $10/hr. I pay for all parts. Seems pretty fair to me.



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Bob

04-19-2005 14:27:41




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 Re: Price suggestions... in reply to 53DC, 04-19-2005 13:07:59  
Well, at $10.00 an hour, he's sure not getting rich at it, if he has ANY overhead at all! (Shop, tools, utilities, property raxes, etc, etc!)



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Jerry Cent. Mi.

04-19-2005 15:21:54




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 Re: Price suggestions... in reply to Bob, 04-19-2005 14:27:41  
Certainly would rely on how well equipted you are such as scrapping the dirt verses steam cleaning. Wire brush verses blasting.



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