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Varsity
pricing for a rig rental
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<blockquote data-quote="Bonnie Lackey" data-source="post: 48186" data-attributes="member: 1316"><p>Re: pricing for a rig rental</p><p></p><p>Let's look at the math on this. If you charged 2% on the equipment it will take 50 rentals to pay for it. It will take 50 more rentals to replace it and on the 101 rental you will start to make a profit. This is without any repairs. Multiple dates should be prized and rewarded because damage to equipment comes from it going in and out of trucks and riding on the road. If you charge 5% you have to rent the rig 20 times to pay for it, 20 times to replace it and then you will be making a profit. Take expenses (payroll, mileage, wear and tear on your trucks, hotels, etc.) and double it. However I understand the bottom feeder problem. I wish you good luck in obtaining this piece of business.</p><p></p><p>Bonnie</p></blockquote><p></p>
[QUOTE="Bonnie Lackey, post: 48186, member: 1316"] Re: pricing for a rig rental Let's look at the math on this. If you charged 2% on the equipment it will take 50 rentals to pay for it. It will take 50 more rentals to replace it and on the 101 rental you will start to make a profit. This is without any repairs. Multiple dates should be prized and rewarded because damage to equipment comes from it going in and out of trucks and riding on the road. If you charge 5% you have to rent the rig 20 times to pay for it, 20 times to replace it and then you will be making a profit. Take expenses (payroll, mileage, wear and tear on your trucks, hotels, etc.) and double it. However I understand the bottom feeder problem. I wish you good luck in obtaining this piece of business. Bonnie [/QUOTE]
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