The Used Tractor Price Comparison calculator evaluates the value difference between two used vehicles (e.g., tractors) based on their hours of utilization, price and hours of utilization life expectancy.
INSTRUCTIONS: Choose units and enter the following:
($A) Price of Vehicle A
(MA) Hours on Vehicle A
(xA) Hours Life Expectancy of Vehicle A
($B) Price of Vehicle B
(MB) Hours on Vehicle B
(xB) Hours Life Expectancy of Vehicle B
Used Tractor Price Comparison (UCPC): The calculator returns the cost per mile to reach the hours life expectancy.
The Math / Science
The Used Tractor Price Comparison equation allows you to compare and level out the selling prices of two vehicles by determining the cost per hour used until the vehicle would reach your final expected engine hours.
You've settled on a particular used tractor, but how can you compare the prices and engine hours of the same model offered at different dealers that have different prices and engine hours?
NOTE: This formula DOES NOT take into account:
CONDITION OF THE VEHICLES
WARANTEE STATUS
QUALITY OF THE VEHICLE MAINTENANCES
MILES PER GALLON OF THE VEHICLES
RESALE VALUE
It's meant for an apples to apples comparison of comparable vehicles with differing mileage and prices.
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