Ownership
The difference between the purchase price and the expected resale value, divided by the operating life in hours. This is how much of the machine’s value each hour consumes.
You fill in every field from your own operation, and the cost per hour appears split into ownership, fuel, maintenance and operator. No ready-made market figures — the formula is written under the result.
Four items, each calculated per hour, then added up. No hidden factor and no assumed percentage.
The difference between the purchase price and the expected resale value, divided by the operating life in hours. This is how much of the machine’s value each hour consumes.
Diesel consumption per hour multiplied by the price per litre. When you run on internal diesel, enter the actual price per litre you pay.
The annual maintenance cost — oils, filters, parts and workshop labour — divided by annual operating hours.
The monthly wage times twelve months, divided by annual operating hours. A machine that runs fewer hours carries its operator’s wage over fewer hours.
The sum of the four items gives the cost per operating hour. Multiplying it by annual operating hours gives the annual cost.
Because a default number quietly becomes a reference. Purchase, fuel and wage figures differ from one company to another, and the calculator is a tool for your numbers, not for averages.
The number of hours you intend to run the machine before selling or replacing it, not its full life until scrap. A company that sells its machines after six years enters six years of hours.
From your actual maintenance record: oils, filters, parts, tyres and outside workshop labour over a full year. If you have no record, start with an estimate and update it every quarter from your invoices.
The calculator is built on the hour because it is the unit of heavy equipment. For vehicles measured in kilometres, replace the hour with the kilometre in every field — the logic is the same.
The calculator works on numbers you enter once. Inside the platform, each asset’s cost builds up from the diesel fills, maintenance reports and spare parts actually recorded against it.