Work out sports equipment cost per use instantly with clear inputs, formula shown and shareable results.
Net cost deducts the expected resale value from the purchase price, then divides by uses per season times the number of seasons. Sports equipment holds resale value unusually well, which is why netting it off changes the per-use figure substantially compared with hire.
Cost per use
cost per use = (price - resale value) / (uses per season x seasons)
cost per use = (price - resale value) / (uses per season x seasons). Net cost deducts the expected resale value from the purchase price, then divides by uses per season times the number of seasons.
Sports equipment holds resale value unusually well, which is why netting it off changes the per-use figure substantially compared with hire.
Enter purchase price, uses per season, seasons you expect to use it, expected resale value. The defaults shown are a realistic worked example — swap in your own figures to get a result you can use.