So....I read this post about what to charge....and it got me thinking. NOT that I am going into the custom business.....I got better ways to lose money.
But, heres the way I think you should look at it: (Note: all the numbers used are just that...numbers....actual results will vary)
Plan / Question: Use tractor and tiller to custom till for about 20 hours per year. How much to charge?
1. Depreciation: For figuring lets say you have a $10,000 tractor and tiller combination that will last for another 10 years. Cost per year is $1,000. Lets say you want to get half of that cost back so $500 per year (or $25. per hour here)
2. Maintenance: Lets say over the ten years your going to buy some grease and a new set of tiller blades and do annual oil changes....but you are lucky and no major breakdowns...only routine maintenance costs.
Total cost over 10 years is $1000. Cost per year is $100. Again...half of that cost is $50. (or $2.50 per hour here)
3. Travel and micl costs. - Maybe should keep this seperate....but dont forget to add for it.
4. Fuel: Figure 1.5 gals per hour @ $3 / gal = $4.50 hour
5. Labor: Lets say I hope to earn $25 per hour
Adding it up: $57.50 per hour (using these highly suspicious numbers) plus travel costs to the job site.
I think that price shown would be pretty cheap....CHARGE ENOUGH.
