How to Calculate Heavy Equipment Ownership Cost
Ownership cost includes purchase price, financing, depreciation, fuel, maintenance, repairs, insurance, storage, transport, downtime, and eventual resale value.
Ownership cost includes purchase price, financing, depreciation, fuel, maintenance, repairs, insurance, storage, transport, downtime, and eventual resale value.
Maintenance cost per hour should include preventive service, wear parts, fluids, filters, tires or tracks, inspections, minor repairs, technician time, and downtime risk.
Fuel consumption depends on machine size, engine load, digging conditions, idle time, operator habits, maintenance condition, and attachment selection.