Posted 04 April 2013 - 12:56 PM
What are y'alls opinions on the "payoff" of owning a trailer and hauling my own hay?
Lets say I can buy a trailer to haul hay for $7,500. Lets say I haul 700 900lb round bales. Lets say my current hauler charges me $5/bale, or $3,500/season, to haul hay to market.
That would mean trailer cost (no repairs, tires, etc included) would be paid off part way into year 3. It also means I have to take the time to haul it all and the risks involved with it. Seems like a 3yr payoff is a short time, but theres so much risk, hassle, time with hauling hay.
Think its worth it to buy a trailer and haul my own hay? I keep coming up with "no" for an answer, but find owning trailer very convenient.
Posted 04 April 2013 - 01:31 PM
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Posted 04 April 2013 - 01:52 PM
Well just had a guy offer me $5K for trailer. Good point Shetland Sheepdog. Think I'll let 'er go and look for a good gooseneck.
JMHO, but owning a trailer of this type is all about convenience, unless you are using it almost daily! One would, most likely, have to use it almost daily to justify the expense given cost of ownership, operation, maintenance, registration, insurance, time, etc.
Posted 04 April 2013 - 02:34 PM
Really want a hay trailer, but by no means would I be using it every day. Maybe average 1x per week.
Posted 04 April 2013 - 07:18 PM
How much can you assign to the trailer? Does it justify?
If not, does the want outweigh the need? Can this trailer make money other ways? What uses?
Posted 04 April 2013 - 07:43 PM
I dont like it as much as I used to. I think I'm talking myself out of this....but would like to be able to haul hay on moments notice, Dont wanna lose customers if they can find someone to deliver quicker. ........
Posted 04 April 2013 - 08:20 PM
Since I feed most of my hay then I haul it myself. I do not have the immediate cash flow that selling the hay generates. I would be paying out of pocket as compared to sharing a little piece of the pie.
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Posted 12 April 2013 - 04:43 PM
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