Re: Tool trading pool or loaner ring?

Posted by Ibby on August 15, 2004 at 06:34:16 from (209.23.31.190):

In Reply to: Tool trading pool or loaner ring? posted by Brent in Iowa on August 15, 2004 at 06:10:26:

Hi Brent!

I went to eBay and bought my own right after posting my last message. However - I think this idea of sharing oddball tools definately needs to be looked into. I'd certainly be willing to toss my new tap into the pool after I've gotten and used it.

I do see lots of possible problems, all of which can be dealt with after some thought. The borrower must be willing to pay a deposit equal to what the seller thinks it's worth (In case of loss, breakage or failure to return it in a reasonabble amount of time) Borrower pays shipping both ways and a small fee to account for wear.

In the case of this pipe tap, I just paid $36 with shipping. Send me $36, and I'll send you the tap for a week or two. Return it in good condition and I send back $34 MINUS shipping - Maybe $3. So - $5 gets your manifold tapped. I'd pay that in a heartbeat, if I hadn't just bought one.

Return it busted or rusted, and you get nothing back. I'm out nothing, you just bought the tap.

Some trust will be needed in both directions, but trust and judgement is needed every day in normal life - use it here too. I'd have no trouble returning a check uncashed if something doesn't seem right to me. I'd probably deposit any checks and wait a week anyway, unless the borrower used Paypal.

I can see this being VERY handy for oversized sockets and wrenches needed just once for a particular job, Ridge reamers, cylinder hones, valve spring compressors - that type of things. Don't ask to "borrow" my 1/2 inch breaker bar. It's not that hard to come by one and you should already have one, if you're working on tractors.

I engrave my name in my tools, so I can be sure to get mine back, and I can send a digital picture before and after loaning to document condition.

Can anyone think of other potential problems?

Follow Ups:

• Re: Tool trading pool or loaner ring? kfox 07:15:29 08/15/04 (0)

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