A rule of thumb is that employers need to charge three times an employee's hourly wage as a labor charge. That covers employee benefits, training, company tools buildings and other company overhead, and a reasonable profit.
If you don't plan to replace the bin, then I would think a partial payment for a "the price of a used bin" is actually fair to both parties.
If you need a bin and will replace it, then I would get three estimates for new bins and hold out for a new bin. When was the last time you had grain in the bin?
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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