ROI: Shop Lifts

Sept. 1, 2006
A worksheet implements average usage patterns and maintenance costs.

The following worksheet implements average usage patterns and maintenance costs that could vary, depending on shop demands and product composition. The goal is to offer a starting point and add perspective on how a shop can re-coup their costs when investing in a lift.

Unit price
(above ground, 2-post, 10,000-lb. lift):
$3,000.00 $5,000.00
Usage: 800 vehicles/year; 16 vehicles a week x 50 weeks/year
Yearly maintenance costs: $300.00 $100.00
Average lifespan: 10+ years 30+ years
Ownership costs over the lifespan of the lift, using current numbers not adjusted for inflation: $6,000.00 $8,000.00
To recover all costs for the lift incurred during its lifetime, in 6 months, add: $15.00 $20 to every repair involving the lift.
In 9 months, add: $10.00 $13.34
In 1 year, add: $7.50 $10.00
In 18 months, add: $5.00 $6.67
In 2 years, add: $3.75 $5.00

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