OP
Gladiator GarageWorks
Active member
Judging by all the responses, asking for collateral seems to be a good and an acceptable idea to protect your tools and keep the peace in the neighborhood.
Ouch! Sorry to hear that! I hope that never happens again for you.I have a close circle of individuals that can borrow my tools. If something happens these are people who will either admit they broke it and pay for it or they will fix it so it was better than new. Most stuff comes back cleaner or filled with gas
My bad experience was with an ex-friend who lent me his Bobcat to move some dirt on my property. I used it for about 5 hours run time and nothing really taxing. Before returning it, I filled it up and changed the oil - way cheaper than renting and the hassle associated with it. He picked it up,and a couple of weeks later I get a call that his machine is leaking hydraulic fluid. I look where it was parked on my property and no fluid, but I tell him to bring it over and we will fix it. He declines, takes it into a repair shop, then calls me and asks for ~$600. I thought that seems steep and call his repair shop for a breakdown. I talked to the mechanic and asked what I could have done to cause this - he replys that all items replaced for the $600 were basic maintenance items that were just old and worn out. I cut my ex-friend a check for a hydraulic hose and labor ($100) and never talked to him again.
Dave

Ihave a close circle of friends I loan too. Couple of them have the code to the garage. So far the neighbors haven't asked for any. At my old place I loaned a 4ft level to the guy across the street. A couple of day's later I was reading the paper on the front porch and here comes a little 3ft tall munchkin dragging my level on the ground and street all the to me. Never loaned him anything else after that.


I apologize for answering someone else's question, but this is an issue I have a lot of interest in.
I'm 24 and very few of my friends are mechanically inclined or even capable of fixing the simplest thing themselves. It seems to me that it is a cultural change. Previous generations took pride in being able to save money by fixing things themselves, while the current 20- and 30-somethings are more interested in being cool.
I have a 16' Car trailer that I borrowed to my neigbor to pick-up a race car about 200 miles away.
That's quite a story, Kurt4440. It's a great example of you paying it forward to those who you know will do the same. Just curious...Why do you think there are so few young men and women who are capable of using their hands, minds and tools to complete a job? Do you ever offer your help for instruction in your neighborhood?
No trailers lent here. I go with it and if I can't go, go ask someone else. exception - there are a couple I would allow but I can count those on one hand. Fellow racers and long term friends that I know respect the investment.
I ordered him a replacement $18.00 staple gun, staples and had it shipped to him from our Lowes 5 miles away for a total out of pocket experience of $24 on my part. 
