What is the Tractor Cost per Acre Calculator?
Many farmers only count diesel when they think about tractor cost. But a tractor also loses value every year, needs insurance, repairs, tyres and a driver, and the money used to buy it could have earned interest.
This calculator adds all these costs and turns them into a simple cost per hour and cost per acre. It also suggests a custom hiring rate with your chosen profit margin, so you know what to charge when you do work on other farmers' fields.
How to use it
- Enter the tractor price, how many years you will use it and its resale value.
- Enter your yearly hours, diesel use per hour and diesel price.
- Add repairs, insurance, shed cost and driver wages.
- Enter acres covered per hour to get cost per acre and a hiring rate.
Why people like this tool
Full ownership cost
Depreciation, interest, insurance and shed, not just diesel.
Per hour and per acre
Both numbers, so you can compare with hiring rates in your village.
Custom hiring rate
A fair rate to charge others, with your profit margin.
Cost breakdown
See which part of the cost is biggest.
