Owning Cost per Hour — Skid Steer
Hourly ownership cost (depreciation + interest + insurance + taxes) for a skid steer.
At under $60k the math temptation is ignoring ownership cost entirely — but a 6,000-hour life means $6+/h of capital consumption before fuel. Attachments (often 30% of the investment) deserve their own line.
Formula
Note: Planning estimate — your machine's real costs depend on application severity, operator, fuel price and maintenance history. Calibrate with your own records.
Disclaimer: This tool is for general informational and estimation purposes only and is not professional financial, tax, accounting or legal advice. All figures are estimates — verify with a qualified professional before making decisions. Read the full disclaimer.
Hourly ownership cost (depreciation + interest + insurance + taxes) for a skid steer. A free heavy equipment depreciation & ownership cost tool — no sign-up, no upload, instant results in your browser.
About Owning Cost per Hour — Skid Steer
Owning Cost per Hour — Skid Steer computes the governing relationship own = (P−S)/life + AvgInv×rate%/hrs-yr, AvgInv = (P+S)/2 live as you type. At under $60k the math temptation is ignoring ownership cost entirely — but a 6,000-hour life means $6+/h of capital consumption before fuel. Attachments (often 30% of the investment) deserve their own line. Defaults are pre-filled with realistic values for this exact scenario, and the worked example substitutes your numbers step by step so the math is never a black box.
How to use Owning Cost per Hour — Skid Steer
- 1Enter your values — Delivered price, Salvage, Economic life, Utilization and more (sensible defaults are pre-filled).
- 2Read the live results: Depreciation, Interest/ins/taxes, Total owning cost.
- 3Check the "with your numbers" line to see own = (P−S)/life + AvgInv×rate%/hrs-yr, AvgInv = (P+S)/2 substituted step by step.
- 4Adjust inputs until the scenario matches yours, then copy or share the result.
Why use Owning Cost per Hour — Skid Steer?
- ✓Instant, free and private — every calculation runs client-side in your browser; nothing is uploaded
- ✓Built on the stated formula own = (P−S)/life + AvgInv×rate%/hrs-yr, AvgInv = (P+S)/2 with authoritative sources cited on the page (Caterpillar Performance Handbook — owning & operating costs; AEM / EquipmentWatch cost evaluation methods)
- ✓At under $60k the math temptation is ignoring ownership cost entirely — but a 6,000-hour life means $6+/h of capital consumption before fuel.
- ✓Niche-specific defaults give a meaningful worked answer the moment the page loads
Frequently asked questions
What formula does the owning cost per hour — skid steer use?+
It evaluates own = (P−S)/life + AvgInv×rate%/hrs-yr, AvgInv = (P+S)/2, exactly as published. Sources: Caterpillar Performance Handbook — owning & operating costs; AEM / EquipmentWatch cost evaluation methods. The substituted worked example on the page lets you verify every step against the textbook.
How should I read the result — and how far can I trust it?+
At under $60k the math temptation is ignoring ownership cost entirely — but a 6,000-hour life means $6+/h of capital consumption before fuel. Planning estimate — your machine's real costs depend on application severity, operator, fuel price and maintenance history. Calibrate with your own records.
When is this calculator the right tool for the job?+
Hourly ownership cost (depreciation + interest + insurance + taxes) for a skid steer. A free heavy equipment depreciation & ownership cost tool. Attachments (often 30% of the investment) deserve their own line. For neighbouring scenarios, the related tools below cover the same engine with different presets.
Do I need to install anything or create an account?+
No. The tool is pure client-side JavaScript: open the page and it works, offline once loaded, with no account, no quota and no data leaving your device.
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