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During a quick review this past year (year 3 of operation), it was obvious that the costs of maintenance and repair savings had not been
During a quick review this past year (year 3 of operation), it was obvious that the costs of
maintenance and repair savings had not been in accordance with estimates made 3 years ago
behind. In fact, the maintenance contract (which includes quarterly inspection) will increase from $ 300
to $ 1200 next year and from there it will increase 10% per year for the next 10 years. Also the savings
of repair for the past 3 years were $ 35,000, $ 32,000, and $ 28,000. Harry believes that the savings
they may decrease by $ 2,000 per year thereafter. Finally, these 3 year old protectors
they are worth nothing in today's market. This makes the 7-year residual value zero instead of $ 3,000.
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