conlan
ArboristSite Lurker
I recently purchased a 75 foot rear mount bucket truck (with elevator and four outriggers). Fantiastic reach and can be set up on a hill. I run a relatively small business and will not be using this truck every day, so I am condidering doing contract work for other tree companies to earn extra money. My rate for the truck with an operator in the bucket (using our own saw, trimmers, etc.) is $400 for the first hour (covers travel time there and back) and $225 per hour after that. By having a fixed rate the tree guy who hires me knows exactly what his costs will be and I don't have to go out and estimate the job for him. My big concerns are the following: (1) other tree companies will start bidding on big jobs they might otherwise not bid on because they know they can hire out my truck for the hard to reach parts, which will take work away from me; (2) the other companies might see how great this truck is and buy one for themselves. If I can get the rate I am asking, then the money is pretty good and after a few years I will have paid off most of the cost of the truck. Curious as to what you guys think. Should I keep it all to myself or do contract work?