Interactive online webcast (November 24 — 10 AM Central) will cover a range of topics, from proper equipment operation and utilization to best service practices and equipment specification/purchase strategies.

CASE Construction Equipment will host a live and interactive webcast on Tuesday, November 24 at 10 AM Central to discuss strategies for lowering the total cost of ownership of construction equipment fleets. Featured topics will include equipment utilization, best operating practices, emissions systems considerations, controlling wasteful use of equipment, advantages of machine control, as well as other recommendations to drive a greater return on equipment investment.

True total cost of ownership (TCO) is determined by factoring in everything that goes into operating that machine over its lifetime: initial purchase price, fuel costs, maintenance costs, utilization, organizational overhead, resale value, etc.

When you talk about total cost of ownership for rental companies, it has to play into their rental rate calculation as well as the return on investment, or return on asset, more so than just the purchase price of the machine. So if one brand has an advantage—and it may be something as simple as Brand A’s oil change interval is 500 hours, and Brand B’s is 2,000 hours—if you start extrapolating that over the duration of ownership, that starts to add up. Specifically for the rental side, all of those costs have to roll up into a profitable rental rate. Then you look at taxes and depreciation and retail value, auction value, things like that.

Tracks and pneumatic tires represent a significant percentage of total cost of ownership (TCO) for any piece of landscaping equipment. Proper maintenance and operating practices can go a long way to ensure that equipment owners are getting the most out of their investment, as well as working towards a safe and productive job schedule.

This article serves to identify some initial purchase considerations that will ultimately affect TCO over the course of a machine’s service life, as well as maintenance and operational factors that will extend the life of each asset and ultimately lower its TCO.

CASE Construction Equipment has launched an all-new Total Cost of Ownership Calculator at CaseCE.com that provides both prospective buyers and current equipment owners insight into lifetime ownership costs. Based on a broad range of operational factors covering the entire line of CASE equipment, the program calculates data in U.S. and Canadian currencies, as well as metric and imperial measurements.

The calculator – available at tco.CaseCE.com – is free to use and is applicable in the U.S. and Canada.

At the core of the all-new G Series loaders from CASE is the concept of lower total cost of ownership (TCO). Combining productivity enhancing features with operational efficiencies, wheel loader owners have never been able to get more work out of a machine more efficiently than with the CASE G Series.

TCO is not an exact science. Every single application is different. But understanding how a machine can impact TCO should be a critical piece of the buying process. It also becomes integral to operator training once a machine is selected.