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Tractor costs per hour

Landrover

Member
I'm sure this is going to open a can of worms but how much should for example a 160hp tractor cost per hour to run ? I have a figure in my head just intrested to hear what others think !
 

Devon James

Member
Innovate UK
Location
Devon
Was talking to a tractor salesman this week, was asking what second hand tractors he had. He had just done a deal on 160hp, 2 years old 2500 hours, a bit of warranty left. Cost to change like for like was £27,000.
 

saly123

Member
Location
Wales
Anyone fancy working out the average !?

This is one quoted from the other thread for you-
Insurance - £0.50
Tyres - £1.25
Depreciation - £3
Repairs - £2
Servicing - £0.50
Admin & Sundry - £0.25
Profit - £2.50
Wage - £10

My opinion though everybody price is different... My tyres might last twice as long as others as I'm sat on a pump or s.bar. Also my insurance ses to be triple of what some quoted in the other thread.
 

Spud

Member
Arable Farmer
Location
YO62
Assuming we're looking at costs rather than rates, theres still some fogginess. For example, depreciation. We bought a 1996 tractor with 2000hrs in 2008 for £13000. It unfortunately fired in September 2016 with 5600hrs on it. The insurance paid out £12000, which was near enough its market value, backed up by others on the market in similar condition. In theory, its cost a grand in depn, or 28p/hr. In reality, to get back to a 2000hr 12yo tractor, one whould have to part with about £20k, which brings the depreciation to £2.22, or 8grand.
My 7480 cost £45500 when new in 2006. Its done 11600hrs now, and is probably worth £16k (its well shod and tidy) so £29500/11600=£2.54/hr.
I actually use the latter of my above examples, ie how much do I need to spend to get back to where I started. Lets assume a 7616 of the 7480's spec would cost £65000new. £65000-16000=£49000/11600=£4.22/hr
Its repair bills divided by hours =38p/hr
Its tyres are 90% because it spends a lot of time on rowcrops, but it has consumed two pairs of fronts at £1500/pair, and a pair of rears at a grand apiece = £5000 worth of tyres, 43p/hr
Servicing hasnt been a fortune, about 80p/hr
Insurance is about 40p/hr
Cost before fuel and driver of £5.43 (if only they were all this cheap to run!)
Fuel varies according to work done, in this ones case its about £4/hr
Driver true cost will be a bit over his hourly rate per tractor hour, because he'll be on pay if the engines stopped, say £15/hr

So in this case £24.43/hr before profit.
 

FarmyStu

Member
Location
NE Lincs
I keep seeing figures quoted for the cost of the driver. Would anyone care to say what their employed drivers are costing them? As I said, employed, not self employed.
 

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Webinar: Expanded Sustainable Farming Incentive offer 2024 -26th Sept

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On Thursday 26th September, we’re holding a webinar for farmers to go through the guidance, actions and detail for the expanded Sustainable Farming Incentive (SFI) offer. This was planned for end of May, but had to be delayed due to the general election. We apologise about that.

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