APE April 2024 | Page 38

SHAWN HUTCHINGS
ASPHALT ANSWERS

Do I buy an asphalt paver or an asphalt paver and a new boat ?

SHAWN HUTCHINGS

After reviewing all the jobs you ’ ve lined up for the 2024 season you ’ ve concluded your company needs to pick up a new asphalt paver . Whether you ’ re new to asphalt paving and would like to bring some of the asphalt portions of your jobs in-house rather than subbing out or you ’ ve been paving for years , it is important to consider more than just the initial purchase price of an asphalt paver . You reach out to your local equipment dealers for a unit that fits your application needs and quickly find out two things ; one , some manufacturers only offer one model that will fit your application and two , there is a big difference in the prices …$ 30-40k difference ! Your initial reaction is to go with the cheaper offering and pay $ 30k less . That kind of savings is enough to put towards another piece of equipment you might need or a nice deposit on a new boat . But before you purchase the cheaper unit consider a few more things besides the initial purchase price .

Application : Some manufacturers only have one unit to offer that will fit your application while other manufacturers offer multiple units that can be tailored to your exact need . Having a paver that is specifically made for your application can save your crew tons of handwork and labor . Let ’ s say this tailored paver will save you one less raker / shovel man . With an average cost of $ 15 / hour times 8 hours , you will save $ 120 per day . Multiplying that by 5 workdays will be a savings of $ 600 per week . Based on a 40-week work year that ’ s a savings of $ 24,000 per year . Taking it even further let ’ s say you own the paver for three years , $ 24k times 3 years is $ 72,000 of savings !
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