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EWPAustralia
Free Planning Tool

EWP Truck Running Cost Calculator

The purchase price of a cherry picker, bucket truck or EWP is only one number. The one that actually determines whether the machine makes financial sense is what it costs you every day you own it — and that includes certification every five years, annual EWP servicing, truck mechanical servicing, registration, insurance, and if you're financing it, the loan repayment.

This calculator starts with realistic default figures for each cost category and lets you adjust every line to match your actual situation. The result is your total daily cost to own and run the machine — so you can compare it against what you charge per day to understand your real margin. All figures come from your inputs. This is a planning tool, not financial advice — call 0416 689 689 if you'd like to talk through the numbers.

Truck Purchase Price

$

Used to calculate the daily finance repayment below. Set to 0 if buying outright.

Annual Running Costs

EWP Certification

$
yrs

Default: $9,000 every 5 years — amortised to $1,800/year

EWP Servicing

$/yr

Hydraulic system, boom, basket, controls and safety devices.

Truck Mechanical

$/yr

Engine services, tyres, brakes, and general mechanical maintenance.

Registration

$/yr

CTP, registration and any state-based vehicle levies.

Insurance

$/mo

$350/month = $4,200/year. Covers truck and EWP, public liability, and equipment insurance.

Working Days Per Year

days

A machine working 5 days/week, 48 weeks/year = 240 days. Adjust to your realistic utilisation — this directly drives your cost-per-day figure.

Finance (optional)

Rate9.9% p.a.
Term84 months (7 years)
Monthly repayment$2,135
Daily finance cost$71/day

Indicative estimate only. Based on 9.9% p.a. and subject to credit approval. Your final rate may be lower or higher depending on your documents, company profile, lender terms, fees and charges. Repayments based on advertised price — actual terms will vary.

Your Daily Cost Breakdown

Annual Running Costs — Itemised

EWP certification (amortised)$1,800/yr
EWP servicing$2,000/yr
Truck mechanic$2,000/yr
Registration$3,000/yr
Insurance ($350/mo × 12)$4,200/yr
Total annual running costs$13,000/yr

Daily Running Cost

Per calendar day (÷ 365)$36/day
Per working day (÷ 200 days/yr)$65/day

Total Daily Cost to Own & Run

Running costs (÷ 200 days/yr)$65/day
Finance repayment (9.9% / 84mo)$71/day
Total daily cost$136/day

To cover your costs on 200 working days a year, this machine needs to generate at least $136 every day it works — before your labour, fuel, tolls or profit margin.

All figures are indicative estimates from your inputs only. Finance estimate is based on 9.9% p.a. P&I over 84 months. Your final rate may be lower or higher depending on your documents, company profile, credit assessment and lender terms. This is not a finance offer or guarantee. Actual costs will vary. Not financial advice — contact a licensed adviser for a personalised assessment.

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The Detail

How This Works & Assumptions

Running costs are annualised so they can be stacked into a single daily figure. EWP certification — typically required every five years — is spread evenly across those years. Insurance is converted from a monthly premium to an annual figure. Everything is then divided by the number of working days you enter to give you the cost per day the machine is actually deployed.

The finance layer sits on top: a 9.9% p.a. principal-and-interest loan over 84 months (7 years) on the purchase price. The monthly repayment is divided by 30 to give a daily finance cost. Your final rate may be lower or higher depending on your documents, company profile, credit assessment and lender terms. Toggle it off if you're buying outright.

The grand total — running costs per working day plus finance per day — is the floor your day rate needs to clear before the machine is paying its way.

This is a planning aid, not financial advice. Actual costs vary by machine age, usage, lender terms, and your specific situation. Finance estimate is indicative only — subject to credit approval. Call 0416 689 689 for a personalised view.

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