Each drawer is full. I use mine, too.
But I paid cash.
But I paid cash.
Bad times are coming for some, things can go downhill real fast leaving you out of work, the last thing you need is debt. We talked about lending your tools before, it is okay to let another mechanic occasionally use a tool but letting it become an open box for everyone in the place to plunder is crazy.But I use all my tools Jim. Lol. And where I don’t specialize in one area of the car like engine, suspension etc I gotta have everything. Not everything has got to be Snap-on but I certainly like new tools. Believe me I’d never buy some things from Snap-on like their overpriced chrome sockets. I could pay it all off right now but I don’t want that big of a charge coming out of my bank account, I might not be alive after that. As of today I owe $1400 on the dot. Not the most I’ve owed before. I think maybe I do realize I should stop. Because I’m tired of all the lube techs that are in the express lane attached to my shop asking to use my stuff because they don’t have it. Like my stud installer and other stuff every single day. Stuff that cost me money and they are free loading off it. But I’ve used just about everything I have. Except a few pairs of pliers and maybe a couple other things.
...I gotta have everything. [tools]
A lot of really smart and successful people, are giving you good advice.Well our dealership is so big everyday is a sales day lol. We have 6 shops. 10 brands and three express lanes. And the more he is here the more money I spend because I got a bad habit. But like all my coworkers say at least I’m not spending it on bad stuff. Believe me if I got weekend service at my house don’t think I would not be in debt thousands and thousands of dollars.
+1 Bingo!@AutoMechanic I fully support what @Astro14 just said.
Buy your tools with cash.
No purchases with debt.
JMO, other than maybe a house or a vehicle, if you can't pay cash - you can't afford it.
The first step is to realize you have a problem. I hate even typing that because it sounds so trite.
It's hard to really know anyone on an on-line forum, but FWIW, I (and others on here) have the opinion you're a very decent guy.
Pay off that debt, and then only pay cash. You don't gotta have everything.
Best of everything to you, AutoMechanic, but without the debt.
I retired in 2020 from working maintenance in a food production plant and I learned early on not to take my good tools to work. My tool locker was crammed full of stuff from Harbor Freight and the like.Bad times are coming for some, things can go downhill real fast leaving you out of work, the last thing you need is debt. We talked about lending your tools before, it is okay to let another mechanic occasionally use a tool but letting it become an open box for everyone in the place to plunder is crazy.
I rather have 50K in tools than a new car any day.Not that I'm advocating going into debt to buy tools, But.....Why is going out & getting a $30,000-$50,000 dollar vehicle loan acceptable debt? But spending a fraction of that amount on tools isn't?
This is an excellent point! It is easy to stomach the idea of large home and auto loans because cash purchases for these items are out of reach for 99% of the population. Personally, I am less concerned about small loans than I am about compulsive buying, whether it be tools or anything else. Of course, only @AutoMechanic can determine whether he is truly a compulsive buyer or not, but several comments suggests he is drawn to the snapon truck like flies to a honeywagon. Nevertheless, of all the vices one could have, tool buying is probably among the more desirable!Not that I'm advocating going into debt to buy tools, But.....Why is going out & getting a $30,000-$50,000 dollar vehicle loan acceptable debt? But spending a fraction of that amount on tools isn't?
I'd rather have the 50k sitting in my safe.I rather have 50K in tools than a new car any day.
Not that I'm advocating going into debt to buy tools, But.....Why is going out & getting a $30,000-$50,000 dollar vehicle loan acceptable debt? But spending a fraction of that amount on tools isn't?
I have never understood spending that kind of money on a car. I just signed on the dotted line for a new welder from the snapon man because I got a good price for what I got and a financing package that made sense. Ive never borrowed a dime to buy a car, my current 2003 grand marquis is the most expensive car I have ever owned at 1500 bucks. Paid 300 for my suburban and 500 for my blazerNot that I'm advocating going into debt to buy tools, But.....Why is going out & getting a $30,000-$50,000 dollar vehicle loan acceptable debt? But spending a fraction of that amount on tools isn't?
I'd rather have the 50k sitting in my safe.
Do you have a weird Euro car as a daily driver?....I have owned new cars mostly for the wife, she doesn't like stick shifts or weird Euro stuff I like.