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Aged inventory holding cost calculator

Free, no sign-up. Updated

Every day a vehicle sits, it costs interest and upkeep. Put in what you paid, your floorplan rate and how long it has been on the lot, and see what it has cost so far and what the next month will cost.

Your cost, including reconditioning you paid for.

Use your own rate. If you pay cash, use what that money could earn elsewhere.

Insurance, lot space, detailing and upkeep, per vehicle per day.

Result

Interest per day
$5.48
Total cost per day
$11.48
Cost so far
$861
The next 30 days
$344
The next 60 days
$689
The next 90 days
$1,033

Example figures are filled in. Change any box and the result updates. Nothing you type leaves this page.

How it works

Interest per day is the cost of the vehicle times the yearly rate, divided by 365. Total cost per day adds your other daily costs. The cost so far is the total per day times the days on the lot.

This is simple daily interest. Your floorplan lender may charge in other ways, so treat the result as a close estimate to compare options, not as a figure for your books.

What it leaves out

  • Curtailment payments and floorplan fees, which vary by lender.
  • The vehicle losing value while it waits, which can be the larger cost.
  • What the money tied up in the unit could have earned if it were sold and reinvested.

Using it to decide on a price

Compare the next 30 days of cost with the price cut you are considering. If dropping the price by a few hundred dollars sells the unit this week, and waiting another month costs more than that before any loss of value, the cut is cheaper than the wait.

Run it for your oldest five units. The answer is usually clearer on paper than it feels on the lot.

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