Equipment Cost Calculator — Calculate Rental, Purchase & Operating Costs

Equipment Cost Calculator

Calculate total equipment costs including rental rates, purchase prices, fuel consumption, maintenance, and depreciation for construction and industrial equipment.

Step 1: Equipment Details

hours/month

Equipment Selection Tips

Consider rental for short-term projects (under 12 months). For long-term use, purchase may be more economical. Factor in maintenance, storage, and transportation costs.

Step 2: Cost Details

L/hr $/L
8%
Percentage of rental/purchase cost per year
$/hour

Cost Considerations

Total equipment cost includes rental/purchase, fuel, maintenance, repairs, insurance, transportation, and operator costs. Depreciation applies to purchased equipment.

Equipment Cost Results

Summary
Equipment Comparison
Cost Analysis

Total Estimated Equipment Cost

$48,250
For 6 months @ 160 hours/month
Rental/Purchase Cost
$15,000
Fuel Cost
$11,200
Maintenance & Repairs
$9,600
Operator Cost
$33,600

Equipment Cost Comparison

Equipment Type Monthly Rental Fuel Cost/hr Maintenance Total 6-month Cost

Equipment Cost Analysis

Equipment Cost Formula

Total Cost = (Rental × Months) + (Fuel Cost × Hours) + (Maintenance × Value) + (Operator × Hours) + Transportation + Insurance

The total equipment cost combines all ownership and operational expenses over the project duration. Purchase costs include depreciation, while rental costs are fixed periodic payments.

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