The following worksheet implements average usage patterns and maintenance costs that could vary, depending on shop demands and product composition. The goal is to offer a starting point and add perspective on how a shop can re-coup their costs when investing in a lift.
(above ground, 2-post, 10,000-lb. lift):
|Usage:||800 vehicles/year; 16 vehicles a week x 50 weeks/year|
|Yearly maintenance costs:||$300.00||$100.00|
|Average lifespan:||10+ years||30+ years|
|Ownership costs over the lifespan of the lift, using current numbers not adjusted for inflation:||$6,000.00||$8,000.00|
|To recover all costs for the lift incurred during its lifetime, in 6 months, add:||$15.00||$20 to every repair involving the lift.
|In 9 months, add:||$10.00||$13.34|
|In 1 year, add:||$7.50||$10.00|
|In 18 months, add:||$5.00||$6.67|
|In 2 years, add:||$3.75||$5.00|
Factors to consider when buying a used oil heater.