Now it’s time to do some math. Using our cost calculator, add up the cost of the basic machine and any add-ons, such as attachments, extended warrantees, service agreements, additional machine features, technology, etc. Then add in your total financing costs, insurance and taxes. Now you’ll get an idea of … See more The total number of hours you anticipate owning a machine is a key multiplier, one that you will use to determine your estimated hourly costs throughout your calculations. This will, of course, depend on your application … See more Before we move on to operating costs, we have another number to add to the owning side of the equation: how much of the original price you … See more Today’s telematics give you a pulse on what’s happing with the machine, giving you alerts to items such as excessive idling that can impact … See more Now let’s look at the operating cost side of the equation, or what it will take to successfully maintain and operate a machine until it’s time to dispose of it. Two constants in any machine operating cost calculation will be … See more
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