Clipboard with wildly inflated retail price. Sign here, due in 30 days.
If you're lending it they're on their own. You've no liability. But add a
disclaimer to the clipboard mentioned above.
Best to leave them as cheap as possible. Encourage them to get their own
when they end up breaking yours and paying an arm and a leg to replace it.
I'm all for being neighborly. I've loaned a few of my more unusual tools
out, pick axe, soil tamper, sawzall, etc. The sort of thing that's not
expected to be in a 'normal' set of tools. But when it comes to regular
tools like pliers, cutters, wrenches or a 3/8" drive socket set I never,
ever loan them out. I have no desire to go hunting them down to return it
when I need it. Nor do I have any interest in discovering what half-ass
thing they've done with the tool and ruined it in the process. To say
nothing of not even cleaning it before returning it.
Keep a MAC or Snap-On catalog handy. Let 'em see what a set of 'em lists
retail. That's a subtle, but direct, hint that they're not getting loaned
out. It always helps to know if the local Sears is having a sale on
craftsman sets. Point them in that direction.
Bad idea. Clipboard with inflated 'deposit', make security deposit and
borrow tool, return tool and get deposit back. You will nev er get your
money if you don't already have it when they 'lose' tool. They will
lose much fewer if they deposited a security first.
Free men own guns, slaves don\'t
"If you're lending it they're on their own. You've no liability. But
disclaimer to the clipboard mentioned above. "
I wouldn't be too sure about that. I don;t know of any specific law
here in NJ that limits your liability because you just lent someone a
tool. Say I lent a stepladder to someone, it's a little wobbly, and
they fall off it. I don't believe there is anything to prevent them
from suing me, claiming I knew the ladder was defective, etc.
Granted, this isn't a big issue with a wrench, but if you start lending
out circular saws and think you can't be sued, I think you are making a
If they already aren't bringing back the ones that you personally hand
to them, what do you think will happen when you make it self service?
Instead of taking one thing, now they will feel free to take 6 cause
they might need them too.
I would have tried to make it less obvious that I have tools, by not
having them so visible to begin with. The answer to your problem is
already in place. When the guy that borrowed the 8MM comes back for a
new request, just butch up and say "Sorry, but I've been losing too
many tools lending them out and not having people return them, so I'm
not able to do it anymore." If you want, you can continue to lend a
tool or two to those that do bring them back. First time they don't
return it, cut them off.
Then you'll find out what kind of folks you're dealing with. If the
8mm guys is decent, you should have a new 8mm wrench within a few days.
My guess is you won't. And you're kidding yourself if you think there
is value in maintaining relationships with users like this. When you
need something, they won't be there for you, cause they don't give a
I've got a lot of tools too.
I only lend stuff to a very few trusted, competent people. Most of the time
it is an odd item that I bought to do a specific job and rarely if ever use
If it is a request for a "common" tool, my attitude is you should really get
your own. I am not here to subsidize you.
If it is a tool with moving parts, then it is not available for loan. If it
is an emergency, I will come and help with chainsaw, propane torch etc.
The last thing I lent was an extension ladder. It came back broken and the
guy had fallen off. Lucky he wasn't hurt.
Now he has his own ladder and I have directions to Home Depot, Lowes, Ace,
Wal-Mart, Kmart and Target, as well as NAPA, Autozone and ... well you get
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