Tools
Service Van Cost Calculator
Total the real cost of putting a truck on the road — annually, monthly, per business mile and per billable hour — before you commit to more fleet capacity.
Most electrical contractors underestimate what a service vehicle costs, because the payment is the only number they can recite from memory. Insurance, fuel, tires, maintenance, the upfit, the shelving, the tools that never leave the truck and the GPS subscription are all real, all recurring, and all recovered through billable hours whether you priced for them or not.
This calculator totals every one of those lines and converts the result into the figures that drive decisions: monthly cost, cost per business mile and vehicle cost per billable hour.
Run the numbers
How the Calculation Works
Total annual vehicle cost is the sum of every annual and annualized line item you enter. Monthly cost divides that total by twelve. Cost per business mile divides it by annual business miles. Vehicle cost per billable hour divides it by the billable hours the vehicle supports — which is almost always well below paid hours.
When you add a target profit margin, the calculator divides vehicle cost per billable hour by one minus that margin, producing the revenue contribution each billable hour would need to cover the vehicle and leave the margin on that cost alone.
Worked example: $33,000 of total annual cost is $2,750 per month. Across 30,000 business miles that is $1.10 per mile. Across 1,500 billable hours it is $22.00 per billable hour — and at a 20% target margin, $27.50 of required revenue contribution per billable hour.
This Is Not a Selling Rate
The output here isolates vehicle and fleet economics. It deliberately excludes field labor, payroll burden, company overhead, materials and target company profit — all of which still have to be recovered before a rate is complete. Charging $22.00 an hour because that is what the truck costs would put you out of business.
Build the full rate with the labor rate calculator and the overhead calculator, then sanity-check how the pieces fit together in the electrical pricing strategy guide.
Using the Number to Make Fleet Decisions
A truck only earns its keep when there is enough billable work to carry it. Run this calculator with the billable hours a new vehicle would realistically support in its first year — not the hours you hope for in year three — and you get an honest picture of what the decision costs.
Pair the result with when to add another service van for the demand-side test, capacity planning for the backlog math, and fleet management for keeping the cost per vehicle under control once the truck is on the road.
Frequently Asked Questions
Fleet Costs Belong in a System
One calculation tells you what a truck costs today. Contractor Core builds the pricing and review rhythm where vehicle cost, labor rate, overhead and capacity are reviewed together — so the next van is a decision, not a reaction.