Fifteen years...

[ptonsparky]

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?

 

[GUNNING]

New price plus overhead and storage.

 

[gadfly56]

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.

 

[John120/240]

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.

 

[ActionDave]

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.

 

[kwired]

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:happyyes:

 

[cowboyjwc]

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.:happyyes:

 

[mkgrady]

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

 

[Cow]

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.

 

[readydave8]

new price, if you're lucky will cover lost interest and inflation.

 

[rt66electric]

Charge extra for the older ones

Charge extra for the older ones

The older ones were built better, extra cost.
I would sell it for the the grainger price.

 

[ptonsparky]

My cost went up 84% and it has only been since'05. Seemed a lot longer. Even with storage in a heated and c
Cooled building. That is the best ROI I've made!!

 

[rt66electric]

My brother invest in silver..

My brother invest in silver..

My brother invests in ounces of silver......... I invest in pounds of copper, any time I can buy wire,parts,scrap below the price of scrap , I call it investing.

 

[MichaelGP3]

1.) Check to see if there was ever a recall on that model.

2.) Charge at the current price, and honor the current warranty.

 

[Sir Ohms-A-Lot]

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

I lol'd

 

[cowboyjwc]

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.

If I was a customer and I found out that you installed a 15 year old piece of equipment that had been sitting in your shop and then charged me the current price. We would be having a serious conversation before I paid that bill.