Your trucks and equipment cost money every day whether they're on a job or not. Enter your real asset costs and find the exact hourly rate to line-item in every bid.
Asset Details
Asset Name / Description
For your reference only — doesn't affect the math
Annual Ownership Costs
Finance / Lease Payment
Annual loan or lease cost
$
Commercial Insurance
Annual fleet/equipment coverage
$
Fuel & Tolls
Annual fuel, tolls, and related cost
$
Maintenance & Repairs
Tires, brakes, oil changes, repairs
$
Replacement Reserve
Replacement Cost
What it costs to replace this asset today
$
Useful Life
Years before you replace it
yrs
Equipment Utilization Rate
What % of paid hours is this asset actually on a billable job site?
65%
40% (idle)65% (typical)100%
Most trade fleets run 60–70%. Trucks sit idle in yards, driveways, and shops just like techs sit in traffic.
Billable Days / Year
Used for the daily recovery rate
Current Bid Practice
Equipment $/hr Currently in Bids
Enter $0 if you rely on a flat overhead markup
$
Annual Asset Cost Breakdown
Finance / Lease Payment$7,200
Commercial Insurance$3,600
Fuel & Tolls$6,000
Maintenance & Repairs$2,400
Replacement Reserve$8,000
Total Annual Asset Cost$27,200
Billable Hours / Year
1,352
Hourly Recovery Rate
$20.12
Billable Days / Year
230
Daily Recovery Rate
$118.26
Your true equipment cost is $20.12/hr. Enter what you currently include in bids above to see the gap.
Hourly Recovery Rate to Add to Every Bid
$20.12
Line-item this rate on every estimate that uses this asset — the same way you line-item labor and materials.