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Tractor costs per hour

Discussion in 'Machinery' started by Landrover, Jan 11, 2017.

  1. Landrover

    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 !
  2. beefandsleep

    beefandsleep Member

    £12 plus the driver
  3. Bullring

    Bullring Member

    £12, bit on the low side, It will proberbly be at least £7 in diesel alone, add at least £1.50 in tyres and £1.50 servicing and your already up to £10 without insurance and depreciation.
  4. Ali_Maxxum

    Ali_Maxxum Member

    Chepstow, Wales
    smcapstick likes this.
  5. saly123

    saly123 Member

  6. Ali_Maxxum

    Ali_Maxxum Member

    Chepstow, Wales
    Which is exactly how this will turn out?! :facepalm:
    saly123 likes this.
  7. Landrover

    Landrover Member

    Anyone fancy working out the average !?
  8. Clive

    Clive Staff Member

    i'm not sure many know how to work out the actual from what I've read so far !
    Grassman, Jetemp, Bumble Bee and 3 others like this.
  9. John 1594

    John 1594 Member

    Rule of thumb....if you can afford more than one holiday a year...your costs are low enough.
  10. e3120

    e3120 Member

    Yes - previous debates between you and @Feldspar are mere subtleties compared with some of the logic applied thus far
  11. Devon James

    Devon James Member

    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.
  12. beefandsleep

    beefandsleep Member

    You are right. I didn't include fuel as that is so job specific, sorry for not making that clear.
    capfits likes this.
  13. saly123

    saly123 Member

    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.
    smcapstick and Ali_Maxxum like this.
  14. Spud

    Spud Member

    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.
  15. icanshootwell

    icanshootwell Member

    My accountant will soon be telling me, "do you realize how much your spending on machinery" :eek:
    RLmachinery likes this.
  16. That's not possible, machinery is good, buy more ;)
    RLmachinery and Ali_Maxxum like this.
  17. icanshootwell

    icanshootwell Member

    I do, i am always getting a bollocking from the mrs:love:
    fiat 9090 and Thomas5060 like this.
  18. Ali_Maxxum

    Ali_Maxxum Member

    Chepstow, Wales
    Our accountant has actually praised us this time for buying and updating kit, can't remember why but in a roundabout way it benefitted the whole job on a whole....
  19. Zan

    Zan Member

    £31-£36 per hour depending on job
    feilding likes this.
  20. FarmyStu

    FarmyStu Member

    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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