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Franklinton, LA | There are hundreds or perhaps thousands of ways to do this. I hope you and your friend can reach a deal that is fair for each of you.
Let's assume the field cultivator has a useful life of 200 hours per year for 10 years or 2000 hours. Then depreciation will be 5% of purchase price per 100 hours of use.
Also, let's assume that repairs during these 2000 hours of use will be equal to the purchase price. Then repairs will be 5% of purchase price per 100 hours of use.
By the way, that is $1.00 per hour per $1,000.00 of purchase price.
If you don't like my numbers you can easily use your own!
Edited by DRester 3/12/2026 18:13
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How much to charge for renting out a field cultivator
