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Bobcat Skidsteer Forums
General Bobcat Skidsteer Forum
hourly rates?
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<blockquote data-quote="siduramaxde" data-source="post: 38530" data-attributes="member: 248"><p>Lets do some math here...If you buy a new track loader and say it cost $50,000...lets say it's life expectancy is around 4000 hours(before you get another new one). If fuel averages $3 per gallon and you burn 3 gal/hour thats $9 per hour or $36,000 for the life of the machine just for fuel. I'll say that over the life of the machine it will cost another $25,000 in maintenance costs ( this includes 16 oil changes, 4 sets of tracks, a new under carriage, and other misc. things. NO MAJOR REPAIRS). Already I come up with $27.75 just to run the machine. Now add a truck and trailer. Lets say a if you get a decent truck thats going to haul the machine around for the 4000 hour life of the machine it's going to cost $30,000 at a minimum. A decent trailer will cost another $4500. Add fuel and maintenance for the truck and trailer...lets say $25,000 (fuel for 4 years @ $5000/year, set of tires for tuck and trailer, and oil changes). Now we get to insurance. I know what mine costs and I think I might be low by saying $3000/year. So if you run 1000 hours/year for 4 years your costs would be.......drum roll please.....$182,500. So that puts you at almost $46/hour machine time. Are you still going to charge $60 per hour? That leaves you with $14/hour profit. If you work an 8 hour day you made $112 per day....thats not going to make my house payment or put my kid through school. I think to make a decent living with a track loader you need to be charging $80+ per hour. Even at $80/hour thats only $34000 a year if you work 1000 billable hours.</p></blockquote><p></p>
[QUOTE="siduramaxde, post: 38530, member: 248"] Lets do some math here...If you buy a new track loader and say it cost $50,000...lets say it's life expectancy is around 4000 hours(before you get another new one). If fuel averages $3 per gallon and you burn 3 gal/hour thats $9 per hour or $36,000 for the life of the machine just for fuel. I'll say that over the life of the machine it will cost another $25,000 in maintenance costs ( this includes 16 oil changes, 4 sets of tracks, a new under carriage, and other misc. things. NO MAJOR REPAIRS). Already I come up with $27.75 just to run the machine. Now add a truck and trailer. Lets say a if you get a decent truck thats going to haul the machine around for the 4000 hour life of the machine it's going to cost $30,000 at a minimum. A decent trailer will cost another $4500. Add fuel and maintenance for the truck and trailer...lets say $25,000 (fuel for 4 years @ $5000/year, set of tires for tuck and trailer, and oil changes). Now we get to insurance. I know what mine costs and I think I might be low by saying $3000/year. So if you run 1000 hours/year for 4 years your costs would be.......drum roll please.....$182,500. So that puts you at almost $46/hour machine time. Are you still going to charge $60 per hour? That leaves you with $14/hour profit. If you work an 8 hour day you made $112 per day....thats not going to make my house payment or put my kid through school. I think to make a decent living with a track loader you need to be charging $80+ per hour. Even at $80/hour thats only $34000 a year if you work 1000 billable hours. [/QUOTE]
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Bobcat Skidsteer Forums
General Bobcat Skidsteer Forum
hourly rates?
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