Oil, Gas & Energy Equipment Manufacturing worked example

Rental Fleet Refurbishment Cost at 58% share of fleet needing refurbishment: a worked example

This worked example runs the rental fleet refurbishment cost numbers for a tougher week than the baseline: 58% share of fleet needing refurbishment instead of the typical 80%. Estimate rental fleet refurbishment cost from the number of units in the cycle, refurbishment cost per unit, the share of the fleet actually needing work, and fixed shop charges, so teams can budget recertification and turnaround before committing the spend.

The inputs for this scenario

  • Units in refurbishment cycle: 100 units (held at the documented default)
  • Refurbishment cost per unit: 45 $ / unit (held at the documented default)
  • Share of fleet needing refurbishment: 58 % (the input this scenario stresses; the baseline uses 80)
  • Fixed shop and recertification cost: 250 $ (held at the documented default)

Working through the calculation

  • The calculation starts from the formula this tool documents: Variable refurbishment cost = units in refurbishment cycle × refurbishment cost per unit × share of fleet needing refurbishment.
  • Total rental fleet refurbishment cost works out to 2,860 $ at these inputs, and this is the headline figure for the scenario.
  • Refurbishment cost per unit works out to 28.6 $ / piece at these inputs.
  • Variable refurbishment cost works out to 2,610 $ at these inputs.
  • Fixed shop and recertification cost works out to 250 $ at these inputs.

How this compares with the baseline

  • Against the tool's baseline example, where share of fleet needing refurbishment sits at 80% and the headline result is 3,850 $, this scenario comes in 25.71% below the baseline at 2,860 $.
  • Use it when budgeting a refurbishment cycle or setting the refurbishment recovery built into rental day-rates. A result at this level usually justifies acting on the stressed input before touching anything else, because every other figure in the table is downstream of it.

Results at a glance

  • Total rental fleet refurbishment cost: 2,860 $ (headline result)
  • Refurbishment cost per unit: 28.6 $ / piece
  • Variable refurbishment cost: 2,610 $
  • Fixed shop and recertification cost: 250 $

Run it with your numbers

  • To rerun this with your own numbers, open the live Rental Fleet Refurbishment Cost calculator, set share of fleet needing refurbishment to your actual value, and adjust the remaining inputs to match your operation.

Last reviewed 2026-05-12.