I can't remember the exact formula, but basically an $8,000 machine doesn't command $80 an hour. There are guys running machines that cost $50,000 and getting $85.00 an hour and making good money, that is in fact a mini excavator and maintenance is far higher for one of those than a splitter. A dump truck that costs a quarter million will only bring in $110-$130 an hour.
Best way to price is by the cord split. You'll win big on some jobs and not do so well on others, but being able to give a firm price up front will win enough work to make you money.
Best way to price is by the cord split. You'll win big on some jobs and not do so well on others, but being able to give a firm price up front will win enough work to make you money.