Fleet damage downtime cost calculator

Calculate rental substitution cost and uncovered downtime loss with your own figures.

Your numbers

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Use rental substitution cost and uncovered downtime loss to compare changes to your inputs. The method and limits below explain the scope.

Examples

Examples

Try the starting example

Repair invoice (USD)
2000
Total unavailable days (days)
5
Rental-covered days (days)
3
Rental cost per day (USD/day)
100
Lost contribution per uncovered day (USD/day)
250
Other incident costs (USD)
100
Rental substitution cost (USD)
$300.00
Uncovered downtime loss (USD)
$500.00
Total modeled incident cost (USD)
$2,900.00
Uncovered days
2

Try another scenario

Repair invoice (USD)
2000
Total unavailable days (days)
5
Rental-covered days (days)
5
Rental cost per day (USD/day)
100
Lost contribution per uncovered day (USD/day)
250
Other incident costs (USD)
100
Rental substitution cost (USD)
$500.00
Uncovered downtime loss (USD)
$0.00
Total modeled incident cost (USD)
$2,600.00
Uncovered days
0
Calculation method

Calculation method

Rental substitution cost (USD)

rentalDays*rentalRate.

Uncovered downtime loss (USD)

(unavailableDays-rentalDays)*lostContributionPerDay.

Total modeled incident cost (USD)

repair+rentalCost+uncoveredLoss+other.

Uncovered days

unavailableDays-rentalDays.

Symbols and units
a
Repair invoice (USD)
b
Total unavailable days (days)
c
Rental-covered days (days)
d
Rental cost per day (USD/day)
e
Lost contribution per uncovered day (USD/day)
f
Other incident costs (USD)

Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.

Assumptions & limits

Assumptions & limits

  • Avoids double-counting lost contribution on rental-covered days by assumption. Contribution and rental effectiveness supplied; excludes insurance/tax/claim rules and consequential loss unless explicitly entered. Supported limits: Costs>=0; 0<=rentalDays<=unavailableDays.
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