Calculating the ROI on your used excavators involves several factors.
Primarily, you should consider the initial cost of the excavator, its operational costs, and its current or future resale value. Then, measure these against the revenue generated from the projects where the excavator is utilized. The lifespan of the equipment does play a role too, as it directly affects the depreciation rate and maintenance costs over time.
Additionally, the work done by the excavator contributes to the ROI, as it translates into billable hours or completed projects. It’s a complex calculation but essential for business strategy.