g2020
Well-Known Member
Mentioning the value of construction equipment helps me understand the value that the testing camp, on this forum, provides to the rest of us.Not only is it appraised value but many of us, me included, tend to keep our vehicles long after the warranty is up. At that point it comes out of my pocket so a little preventative maintenance goes a long way. I used the same philosophy in my construction business where our equipment was worth well over $1 million.
On Gold Rush or Yukon Gold, those guys are miles from anywhere. Let's say that the two most popular mining operations want to sell out at the end of a season. One camp is fastidious about testing and changing oils & filters (and keeps good records), and the other operation runs equipment past recommended intervals, has never heard of Blackstone Labs or Polaris Labs, and tracks maintenance using sticky notes on the fridge.
If the yield projections and operating costs for both mines were the same, I would buy the camp with the equipment that has been well-maintained, and would make sure that I put in a high bid to clinch the deal.
If you were driving to Alaska with a few other Gladiator owners (perhaps to see the northern lights and discuss wear metals), what type of owner would you travel with to avoid breakdowns? Similarly, if you were looking for a good used Gladiator, what kind of owner would you buy from?
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