Most farm equipment falls under class 8 or class 10 which allows an annual depreciation rate of 20 and 30 respectively.
Farm equipment rental rates saskatchewan.
It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business.
2020 21 farm machinery custom and rental rate guide this guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer.
2018 19 farm machinery custom and rental rate guide this guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer.
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Depending on the allowable rate for each class of equipment.
Operating costs include repair and maintenance broken and worn parts oil filters.
Suggested rental rate on a hr basis the cost of ownership was tallied for the life of the equipment then the total hours of use over the life of the equipment was estimated to generate a rental rate on a hr basis.