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Old 03-04-2011, 08:28 PM
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Jim Zeek Jim Zeek is offline
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Join Date: Feb 2000
Location: Forest Grove, PA. USA
Posts: 1,479
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Quote:
Originally Posted by The Boss View Post
Why not buy your own machine? I did! Had a Kobelco 310 we bought new and a John Deere 450LT we bought used. My excavation costs were second only to my lumber bill, but payments on an excavator are less than 20k/year. Did a lot of work with those machines, used up all of the depreciation then sold my half of the business to my partner for twice my original investment. He makes a nice living off it now - machines are paid for, and he gets $120/hour for the excavator, 85/hr for the dozer. How do those numbers sound?
I get $43.00/hr and another $20/hr in my benefits. All I have to do is show up, grease it and keep it clean. I have 12 1/2 years til I can retire at 55 with 35 years in the local. Collect my pension and go sell motorcycles on my hours.

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