This is based on a vehicle with a current capital value of $297,000 (based on the typical retail value of a 2017 manufactured vehicle and trailer), and is based on a lease arrangement over a 5-year term with a 61.73% residual, at 7.5% interest per annum. if the arrangement is a lease or hire purchase, or purchase of the vehicle through a loan; or if the arrangement is a loan, then the purchase price, the amount borrowed and the loan terms will affect cash-flow, and depreciation needs to be allowed for. on a vehicle with standard features. Additional features will incur additional costs. Trailer Lease Costs This model is based on a 2017 Tri-axle Super Dog trailer with a capital value of $132,500, based on a lease arrangement over a term with a 61.73% residual at 7.5% interest per annum. $18,667 Finance arrangements will vary widely depending on: if the arrangement is a lease or hire purchase, or purchase of the vehicle through a loan; or if the arrangement is a loan, then the purchase price, the amount borrowed and the loan terms will affect cash-flow, and depreciation needs to be allowed for. Based on a trailer with standard features. Additional features will incur additional costs. Registration, Permits and TAC Fees Based on vehicle registration fee of $9,554 and a trailer cost of $2,504 and TAC charge of $1,920 which is net of GST. Assumes payment is made on an annual basis. TAC charge assumes vehicle is garaged in a high-risk area (e.g. metropolitan Melbourne). $13,978 These fees are current as at 1 July 2018 but may change. Additional licences may be payable for certain types of operations (e.g. interstate registration). Additional administration charges may apply to registration fees if they are paid in instalments. TAC charges may be lower if the vehicle is garaged in a medium or low risk area. Superannuation Self-funded, based on 9.5% of own labour assumed at $55,209. $5,245
Insurance Comprehensive Vehicle Based on rate of 3.15% per annum. Based on operator who is over the age of 25, has at least 5 years’ experience and no claims history. Assumes vehicle is not carrying dangerous goods. Assumes vehicle is travelling intrastate only. $9,356 Rates may be higher for interstate trucks. Comprehensive vehicle insurance costs may vary depending upon the age and value of the equipment insured, the insurance provider, the amount of any excess payable, the individual’s claims history, the age and experience level of the driver. Insurance Trailer-in-Control Based on a new Quad Axle Dog Trailer with a capital value of $132,500 and an annual rate of 3.15%. Based on operator who is over the age of 25, has at least 5 years’ experience and no claims history. Assumes vehicle is not carrying dangerous goods. Assumes vehicle is travelling intrastate only. $4,174 Insurance Personal Sickness and Accident/Income Basic policy, based on 80% of income for 52 weeks, 30 day waiting period. Assumes driver is travelling intrastate only. Assumes driver has no conditions. Maximum age limit of 60 years. These fixed costs have been calculated at 100%. $559 The cost of personal income and accident insurance (also called income protection insurance) will vary depending on the individual’s health history, the amount of income insured, the period of time after an accident before benefits are payable and the maximum period over which benefits are paid. Insurance Public Liability Assumes policy for public liability claims up to $10 million. These fixed costs have been calculated at 100%. $474