I just purchase a car rotisserie. Its capacity is 3000 lbs. I plan on using it for my business. Also, I plan on renting it out to the staple and sequioa club. I plan on renting it for $150.00 per month. What do you think. I am located near Sacramento, Ca.
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Very fair, Roy. I bought one for just one job, my 55K. Costs with shipping about $2000. Gave it to my good ol boy after it served my purpose, so it can serve many more purposes. I found it by google: "Roto 2000". Put more Studes back on the road!Dave Warren (Perry Mason by day, Perry Como by night)
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Great idea, Roy. Maybe I should try that on this coast. My only fear would be someone disappearing once they got it. How do you allow for that?
For anyone interested, here's some really cool plans to build your own:
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Originally posted by Bob Andrews View PostFor anyone interested, here's some really cool plans to build your own:http://www.harwoodperformance.bizlan...ick/index.htmlBrad Johnson,
SDC since 1975, ASC since 1990
Pine Grove Mills, Pa.
'33 Rockne 10, '51 Commander Starlight. '53 Commander Starlight
'56 Sky Hawk in process
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Originally posted by Bob Andrews View PostGreat idea, Roy. Maybe I should try that on this coast. My only fear would be someone disappearing once they got it. How do you allow for that?
I would think a fellow that owned such an item, and intended to rent/loan it out to others, would want to have it insured.
1) Theft/comprehensive insurance, in case somebody takes off with/breaks it.
2) Liability insurance, because regardless of who is using it, you own it, and will, therefore, be sued when/if somebody is injured, or tears up something (other than your property) during its use. (More when, than if.)
The fact that they injured themselves, or tore up their own property because of their own stupidity, while using equipment that you loaned/rented to them, will not keep them, their lawyer, or insurance company from suing you blind.
When you rent something to somebody, you have entered into a business agreement (a "profit deal"), and assume several types of risks/liabilities in the process.
Attorneys, insurance companies, the IRS, and your local/state tax commissions become ever so interested in your business, don't ya know!
Sad to say, if you own a car rotisserie, and want to share it with others, you might be well advised to not put in your own name, but in the name of your LLC, which may well cost you more than what you might hope to earn, even (especially) if all you hope to earn is the goodwill of another car guy.Last edited by Studedude; 08-14-2012, 09:16 PM.sigpic
Dave Lester
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Posted by Studedude
Sad to say, if you own a car rotisserie, and want to share it with others, you might be well advised to not put in your own name, but in the name of your LLC, which may well cost you more than what you might hope to earn, even (especially) if all you hope to earn is the goodwill of another car guy.
I hadn't thought about that but it's not only great advice but also sad but true.
Bob
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