PC360 Komatsu excavator

Determining operating costs for more accurate bids

            Industry estimates put owning expenses at 25 to 30 percent of the total machine owning and operating picture. These costs, which include finance, interest, depreciation and tax, tend to be fairly straightforward. The remaining balance – 70 to 75 percent – includes labor, fuel, parts, repairs, operator expenses and other related items that make up the operating component, which is more variable and comprehensive.             Calculating operating costs is the more difficult of the two because so many factorsRead More