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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

    Location:
    Staffordshire
    £12 plus the driver
     
  3. Bullring

    Bullring Member

    Location:
    Cornwall
    £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

    Location:
    Chepstow, Wales
    smcapstick likes this.
  5. saly123

    saly123 Member

    Location:
    Wales
  6. Ali_Maxxum

    Ali_Maxxum Member

    Location:
    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

    Location:
    Lichfield
    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

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

    e3120 Member

    Location:
    Northumberland
    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

    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.
     
  12. beefandsleep

    beefandsleep Member

    Location:
    Staffordshire
    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

    Location:
    Wales
    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

    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.
     
  15. icanshootwell

    icanshootwell Member

    Location:
    Ross-on-wye
    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

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

    Ali_Maxxum Member

    Location:
    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

    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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