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Thread: Fifteen years...

  1. #1
    Join Date
    Jun 2003
    Location
    NE (9.1 miles @5.07 Degrees from Winged Horses)
    Posts
    5,823

    Fifteen years...

    Special ordered a 2 hp fan motor for a good customer. Short version, he decided not to repair the fan. 15 years of storage and we finally found a home for it. I thought for sure that thing was going to be part of.my tombstone. Should I sell it for what new price is or what it was back then?
    Tom
    TBLO

  2. #2
    Join Date
    Jul 2005
    Location
    Gainesville, Florida
    Posts
    1,041
    New price plus overhead and storage.

  3. #3
    Join Date
    Oct 2007
    Location
    New Jersey
    Posts
    1,661
    New price. You've carried the inventory charge all this time. It isn't about what you bought it for, it's what it's worth now. Plus, I know some states actually charge tax on any inventory you have on hand at the end of the year. If yours is one, you need to cover that as well.

  4. #4
    Join Date
    Apr 2009
    Location
    Olathe, Kansas 338 mi SE of Wingedhorses
    Posts
    1,819
    Fifteen years ago you could have returned the motor, invested the proceedes, & made what ?

    How much has the cost of motor gone up ? Heck you have stored it, charge new price.

    You are lucky that you knew where it was at after this long.
    Electricity is Color Blind
    Leave the shirt pocket rules in your pocket.

  5. #5
    Join Date
    Feb 2009
    Location
    Durango, CO
    Posts
    3,368
    We have stuff that has been repaired and waiting to be picked up that has sat around longer than that. We also have some stuff waiting to be repaired even longer.

    I would give it to him and throw in the installation free if it is going to a good home. Closure can be its own reward.
    If Billy Idol or John Denver is on your Ipod go and re-evaluate your life.

  6. #6
    Join Date
    Dec 2007
    Location
    NE Nebraska
    Posts
    18,688
    You can charge them whatever you wish, you can even pay them to take it from you if you wish, we live in a free country.

    In the antique collectors business things are usually worth more now then they were new

  7. #7
    Join Date
    Apr 2006
    Location
    Simi Valley, CA
    Posts
    7,177
    Quote Originally Posted by ActionDave View Post
    I would give it to him and throw in the installation free if it is going to a good home. Closure can be its own reward.
    I was thinking the same thing.
    I can build anything you want if you draw a picture of it on the back of a big enough check.

    There's no substitute for hard work....but that doesn't mean I'm going to give up trying to find one.

    John Childress
    Electrical Inspector
    IAEI / CEI / C10
    Certified Electrical Inspector

  8. #8
    Join Date
    Jun 2005
    Location
    Massachusetts
    Posts
    1,156
    Quote Originally Posted by ActionDave View Post
    We have stuff that has been repaired and waiting to be picked up that has sat around longer than that. We also have some stuff waiting to be repaired even longer.

    I would give it to him and throw in the installation free if it is going to a good home. Closure can be its own reward.

    I would do it for free and rewire his whole house for nothing. I'm even thinking I should start paying my customers when I finish their work

  9. #9
    Join Date
    Dec 2006
    Location
    Eastern Oregon
    Posts
    2,707
    Why would you give something away like that for free, when he's been waiting 15 years to make some money on it?

    I'll take my closure with a check, thanks.

  10. #10
    Join Date
    Apr 2009
    Location
    Clarkesville, Georgia
    Posts
    1,514
    new price, if you're lucky will cover lost interest and inflation.

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