ERA Total Cost of Ownership Calculator
The European Rental Association (ERA) has created this tool allowing equipment purchasers to draw comparisons and make informed decisions by working out the total economic value of an investment.
The calculator offers a completely unbiased comparative analysis of the total cost of equipment under Lease vs. Buy vs. Rent (LBR) scenarios for two types of machines:
General construction equipment machine < 15 T
Excavator and loader (wheeled and tracked) > 15 T
Give it a try below.