I have decided to put tools for sale ads up at CL and FB

[OR VietVet]

 

[OR VietVet]

Sorry for any duplicate pics. There are/is more items like jack stands.....etc., with no additional pics. The price is now $35K Or Best Offer and there is a Finder's Fee.

 

[homesick]

Not a bad starter set.

joe

 

[OR VietVet]

 

[OR VietVet]

@Hey you made a post on another thread that got me thinking.

If my medical problems do make it so that I physically cannot turn wrenches any more, I could rent my tools out, with a deposit. The only drawback would be the never ending calls and messages from the ding bats.

I believe the best way is to list the available tools and that tool/set rental fee and deposit fees, to rule out the ding bats, from the beginning.

I know there was a surge of rental bays/shops at one time and I think that there are still a few and those shops would have tools that were there for lending or renting.

A big draw back and a concern that could put a kibosh on the whole thing, is someone getting hurt because they do not use the tool correctly. Would have to have a signed disclaimer. I am unsure how parts stores do it. I have never ever needed a tool from them.

THOUGHTS???

 

[Joseph Garcia]

@Hey you made a post on another thread that got me thinking.

If my medical problems do make it so that I physically cannot turn wrenches any more, I could rent my tools out, with a deposit. The only drawback would be the never ending calls and messages from the ding bats.

I believe the best way is to list the available tools and that tool/set rental fee and deposit fees, to rule out the ding bats, from the beginning.

I know there was a surge of rental bays/shops at one time and I think that there are still a few and those shops would have tools that were there for lending or renting.

A big draw back and a concern that could put a kibosh on the whole thing, is someone getting hurt because they do not use the tool correctly. Would have to have a signed disclaimer. I am unsure how parts stores do it. I have never ever needed a tool from them.

THOUGHTS???

Location, Location, Location Are you physically located in an area where you have a whole bunch of potential renters within a 1/2 hour drive of your place? If not, I don't think that a rental business would work for you.

Regarding liability, you can purchase a $1,000,000 umbrella policy for relatively little money.

Bigger picture...... Do you REALLY want to get involved in managing this inventory on a rental basis? Retirement is a time to reduce/eliminate as many PIA situations as possible.

 

[scotflyer]

Might I suggest that you contact Greg at Demonworkshop.com. He is a great man...in the profession and may well know someone who can purchase them...at a fair price.