Illustrating ROI with a Skid Loader Example

What happens here

The speaker illustrates his point using an older black skid loader, which he purchased for $14,000. Despite its worn condition, he used it for a decade, performing various tasks like plowing, repairing, and rolling. When he eventually sold it, it still fetched $14,000. This example highlights that the real cost of equipment is the difference between its purchase price and its resale price, not just the initial outlay.

Goal: Understand the true cost of equipment through a real-world example.