

So I bought this snow removal device the end of October. I was only able to use it once so I am wondering what the return is on my investment. (ROI)
Purchase date: Oct 30
Purchase price: $14.99
Time of use: 2 min.
Time saved versus old narrow snow removal device or broom: 0.5 min.
My hourly fee: $100
Money saved: 100x0.5/60 = 83 cents.
No ROI calculation needed snow removal device was waste of money.
Good thing I didn't buy a snowblower!

If you save $0.83 per year, you will only need 14.99/0.83 = 18 years to paypack the snow removal tool. Everything after year 18 is pure gravy. Good investment!
ReplyDelete