Vehicle Replacement Calculator
Determine optimal replacement timing from maintenance and depreciation curves.
Inputs
$
yrs
mi
$
%
$
yrs
%
$
days
Results
Recommendation
Consider replacing soon
Current Year TCO$15,850.00
Projected Next Year TCO$16,855.00
New Vehicle Year 1 TCO$9,750.00
Current Vehicle Value$25,300.00
Annual Savings if Replaced$7,105.00
Break-Even Period4.2 yrs
Current Cost/Mile$0.53
New Vehicle Cost/Mile$0.33
How to Use This Calculator
- Enter the New Vehicle Price for a replacement unit.
- Set Current Vehicle Age in years and Annual Miles for this vehicle.
- Enter Current Annual Maintenance cost and the expected Maintenance Growth Rate (%) per year.
- Set Annual Fuel Cost, Expected Useful Life in years, and Residual Value (%).
- Enter Downtime Cost per Day and Expected Annual Downtime Days to factor in lost productivity.
- Review the Recommendation (keep or replace), 3-year cost comparison, and optimal replacement timing.
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