Posted by stevetee on 08/02/2016 22:06:43:
The company I once worked for were taken over by the losers in the last lot . As they asset stripped the company they scrapped a Waldorf – Coburg Planar mill with a table length of nearly 100 feet as they ' didn't want the competition to get their hands on it'. Criminal really.
.
That's common practice.
What would you sooner do sell an old machine for a few pounds and go into debt to buy some new equipment only for the opposition to undercut you and force you out of business ?
Not criminal, just sound business sense.
The last 4 machines I have parted out have been broken up as the sum of the spare parts was greater than the resale value of the machine.
We are not talking hobby stuff but industrial and who wants big second hand machines ?
If you buy new the tax breaks allow you to now offset the whole of the purchase price against tax in the first year so it makes sense to keep scrapping and buying.
In March I will be scrapping a perfectly good but old CNC mill because I need the space and have to spend some money or give it the tax man, remember they make the rules, you have to interpret them.
It probably has a resale vale of £1,000 IF I could get a buyer plus I have to dismantle it carefully to get it out and then reassemble it again, so by the time that happens it's true resale value is bugger all.
Scrapping it means it goes out in big fractured lumps and the god stuff is probably worth £1500 on Ebay as components.
Just logical business sense.
A few years ago we were paid to scrap 3 full size laser cutters with 12' x 6' bed sizes. we could keep anything we wanted off the machines except for the laser. These were lifted about 12' in the air in the car park on a fork truck and dropped, then swept up 
The new machines cost nearly 1/2 a million pounds each and the company is still in business.