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pricing for a rig rental
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<blockquote data-quote="Eric Cagle" data-source="post: 47247" data-attributes="member: 277"><p>Re: pricing for a rig rental</p><p></p><p></p><p></p><p>I already stood corrected on that figure as you go up the food chain. I think we determined in the Versarray thread that my market is considered a JV topic, even with a VCA console, so I really should have given it a little more thought and research before I posted the 5% figure. I made a couple of calls and checked the net for advertised pricing and confirmed an ADVERTISED rate of well under 2% of list for a 4888. One of my buddies quoted me around 1% for a 4887 and told me he could do a little better in the slow season and that price included a tech. Consoles are advertised even lower. Here is a copy and paste right off of a web site:</p><p></p><p>Digital Console Rental Rates</p><p></p><p> Daily Rate Weekly Rate </p><p>Yamaha M7CL-48 $200 $600 </p><p>Yamaha LS9-32 $125 $375 </p><p>Avid SC48 $200 $600 </p><p></p><p>For my bread and butter I target a very specific market that has sometimes taken me years to even get a chance to bid on. The 5% of cost, which I use actual cost as my business guideline, is where I start for a one off. Do I get it? Often yes. Do I work for less? More often yes. Do I work for less if it is more than one event even with seperate set and strikes? Always yes. </p><p></p><p>On an interesting JV note the bottom of the food chain is even lower. I was at a show last night where the drummer rolled in with a bought new by him 4 box (2 a side) active Apogee APL-220 rig with 2 of the APL-12 powered dual 18" subs in his trailer. Yamaha MG24 console, some decent outboard gear, and Ashly EQ's on the monitors. All in like new condition. Being somewhat of an Apogee fan I struck up a conversation and asked if he ever rented out that system. He told me "Sure, I get $150-$300 per night depending on the gig." I got his card.</p></blockquote><p></p>
[QUOTE="Eric Cagle, post: 47247, member: 277"] Re: pricing for a rig rental I already stood corrected on that figure as you go up the food chain. I think we determined in the Versarray thread that my market is considered a JV topic, even with a VCA console, so I really should have given it a little more thought and research before I posted the 5% figure. I made a couple of calls and checked the net for advertised pricing and confirmed an ADVERTISED rate of well under 2% of list for a 4888. One of my buddies quoted me around 1% for a 4887 and told me he could do a little better in the slow season and that price included a tech. Consoles are advertised even lower. Here is a copy and paste right off of a web site: Digital Console Rental Rates Daily Rate Weekly Rate Yamaha M7CL-48 $200 $600 Yamaha LS9-32 $125 $375 Avid SC48 $200 $600 For my bread and butter I target a very specific market that has sometimes taken me years to even get a chance to bid on. The 5% of cost, which I use actual cost as my business guideline, is where I start for a one off. Do I get it? Often yes. Do I work for less? More often yes. Do I work for less if it is more than one event even with seperate set and strikes? Always yes. On an interesting JV note the bottom of the food chain is even lower. I was at a show last night where the drummer rolled in with a bought new by him 4 box (2 a side) active Apogee APL-220 rig with 2 of the APL-12 powered dual 18" subs in his trailer. Yamaha MG24 console, some decent outboard gear, and Ashly EQ's on the monitors. All in like new condition. Being somewhat of an Apogee fan I struck up a conversation and asked if he ever rented out that system. He told me "Sure, I get $150-$300 per night depending on the gig." I got his card. [/QUOTE]
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