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Leveraging Equipment for Free Use

5:49
10:45
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At 5:49 in

Excavators - One of the Top 4 tools a landscaping company NEEDS

What happens here

The creator illustrates the concept of leveraging equipment for free use by purchasing a machine for a specific project and then selling it after completion for the same price (or retaining a valuable attachment). He demonstrates this with his Daewoo Solar 75V excavator, which he bought with a grapple attachment for a large boulder retaining wall project. His goal was to finish the project, remove the $20,000 grapple, and sell the excavator for the initial purchase price, essentially getting the excavator's use for free. Although his plans changed and he kept the excavator due to a 'love-hate' relationship and more boulder work, he highlights this as a viable strategy for others.

Goal: Learn how to effectively utilize equipment for project completion and maximize its value through strategic selling.

Tools and materials

  • Daewoo Solar 75V Excavator Daewoo — Demonstrating strategic equipment purchase and use
  • Grapple Unit — Used for boulder work, estimated to be worth $20,000

What they say

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you an example of what I mean. Often times, people will buy a machine just to do a job and then sell that machine for the same price they bought it, meaning they got to use the machine for free. In this example, that's exactly what I did. I bought this excavator with this thumb to build a massive boulder retaining wall. As soon as I was done with the project, I planned on actually pulling that thumb or that grapple right off from the excavator and selling the excavator for the same price as I bought it with the grapple attached. That grapple unit you're looking at is worth about $20,000. So that means I got to use an excavator for absolutely free. I got to keep a grapple unit which was worth $20,000 and sell the excavator for the same price I bought it but without the grapple on it. That means that I won one and one. If you guys take the time to buy your equipment the right way, you can do this day after day. There's people that make their living doing this, and trust me, you guys can do the same thing. But as some of you know, I still actually own this setup to this day. My original plan fell through because I developed a lovehate relationship with this, and I got more boulder work lined up after my big project was completed. So, uh, I'm still planning on getting rid of this unit, but for right now, I still own it. [music]

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