Operating cost assessment: Bristol LHS coach
Page 35
If you've noticed an error in this article please click here to report it so we can fix it.
USING the data obtained on the road test of the Bristol LHS and operating cost factors for a 10-metre coach as included in CM Tables of Operating Costs for 1975, it is possible to calculate what might be average operating costs.
Of those factors extracted from CM Tables, wages is an average supplied by operators, so are rent and rates and insurance. Lubrication represents sump oil and replenishment only, tyres are assumed to cost £375 a set and have a mileage life of 30,000 and maintenance is an average.
In the road test derived figures, interest is calculated on the total cost of the vehicle (E13,490) at the rate of 12 per cent per annum flat divided by 45 as the maximum number of weeks work possible in a year; fuel is the assumed cost of fuel (47p a gallon) divided by the fuel consumption (13.7mpg). Depreciation is calculated by deducting 10 per cent of the vehicle price to represent a residual value and the cost of a set of tyres leaving £11,766 to be divided by the assumed vehicle life (150,000 miles).
Standing costs (per week) £ Licences 0.57 A total operating cost per mile for a vehicle averaging in the region of 600 miles a week would, therefore, be £91.92 divided by 600 equals 15.32p plus 18.97p (running cost) giving a total of 34.29p a mile. This does not contain an allocation for establishment or overhead costs, often referred to as "fixed" costs, and adding 20 per cent on for this factor gives an all-in operating cost of 41.14p a mile.