Whitepaper: The real cost of agricultural equipment
Understanding the Total Ownership Cost of Agricultural Equipment
Understanding the true cost of owning agricultural equipment goes far beyond the initial purchase price. In this whitepaper we explore the often-overlooked factors significantly impacting long-term operational costs. From rising fuel prices to the critical role of maintenance and lubrication, our whitepaper provides a comprehensive view of how farmers can protect their investments and improve efficiency.
Key highlights
- Regular maintenance can reduce repair costs by up to 25%. For example, a tractor costing $80,000 may incur $24,000 in repairs over 5,000 hours with average maintenance, but only $18,000 with optimal care.
- Effective lubrication is essential for extending machinery life and reducing wear. It accounts for about 15% of fuel costs and can prevent costly breakdowns. Using high-quality oils tailored to temperature conditions is vital.
- Older machinery significantly increases repair costs. In developing countries, tractors average 20–25 years old, with over 50% of Brazil’s fleet exceeding 15 years, leading to higher demand for repairs and parts.
- Equipment failure during critical periods (e.g., planting or harvest) can lead to substantial yield and quality losses. For instance, a one-day planting delay in winter wheat can cost $7.70 per acre in yield loss.
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