He obviously isn't paying more for your competitor's services so he is shopping around for the best deal a the time...you're the cheapest forklift rental around...if he beats you up on pricing, punch him back, as suggested before, call the local rent house and see what the going rate is, charge him 80% or so of that, make him sign the same rental agreement and make some payback...if he overcharges you, I would get all I can...
He's bending you over it sounds like....lol...making double off you then using your forklift for free....he's got you whipped...lol
Work out a monthly flat charge of say 100.00-200.00 dollars dependant on the amount of time that he uses the lift, and apply that to your monthly/Yearly PM on your lift ...To rent a forklift cost on avg 150.00-200.00 a day or if rented for a month around 500-600 for a 3-5000 lb lift.
I have a customer that borrows my forklift to unload pallets off a 18 wheeler. Nothing major just landscape material and rocks. He comes and gets it and drives it just under a 1/2 mile each way. Usually only is gone 30 mins. No more than a hour. Since he is a customer I am not gonna stick it to him and he expects to pay for using it. How much per trip should I charge ?
This is what I was thinking Tim. He's already put a good cut in side wall of tire. Sorry folks but nothings free in this world nowadays. He's an ok customer. I don't have 100% of his business plus he can and has been a jack wagon at times.
Negative. He always beats me up about pricing. I went and bought some rock from him one time then found out it was almost twice as high as the other place in town.
Once or twice a year.......no charge, and top off the tank.
Once a twice a month.......you need to negotiate a rate. I'm all about helping someone out, but this is getting in your pocket book IMO.
Plus, there is always the gentlemens agreement of "you *@#! it, you fix it". That should go without being said, but some folks have to be told.
Those that say free obviously do not own a business to make money. I say next time he borrows it fill it full before and after to see how much fuel he used. Then double that amount, charge $4 per gallon of fuel then add $100 + any damage such as the cut in the sidewall. put it all in writing. maybe always get a before and after pic even.
You might want to check with someone who knows the law on this, but it is my understanding that if you accept money then you are considered to be renting it and take on liabilities that don't exist if you are lending it.
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