FaultIQ

FaultIQ ROI Calculator

Zonar FaultIQ  |  Zonar FaultIQ cutsheet

Monthly Savings per Truck: $73.88

Total Monthly Fleet Savings: $73,875

Cost Reduction: 59%

Instructions:
Simply fill in the fields located to the right to calculate your savings.

You can fine tune the calculations to match your business by adjusting the field values listed below.

The table at the bottom displays your monthly costs with and without FaultIQ, as well as the amount of savings FaultIQ will produce for your fleet.

# of Trucks  
% of Long-Haul %
% of Short-Haul %
% Perishable/Time Sensitive Goods %
% of Unscheduled Maint %
% of Breakdown Events %
% of Saved Breakdowns with FaultIQ: %
Avg Tow Cost - Long Haul: $   Avg Downtime(days) - no FaultIQ: 3.2
Avg Tow Cost - Short Haul: $   Avg Downtime(days) - with FaultIQ: 1
Hourly Outside Repair Rate: $   Avg Hours of Repair - Breakdown 2.5
Hourly Inside Repair Rate: $   Avg Hours of Repair - Unscheduled 1.25
Driver Wages/Hour: $   Avg Hours Driver Downtime for Breakdowns: 5
Total On-Time-Delivery (OTD) Penalties/Month: $   Avg Hours Driver Downtime for Unscheduled: 2
Cargo Transfer Cost - perishable/time sensitive: $   Breakdown Event: 13%
Revenue Per Truck/Month: $   Unscheduled Main Event: 87%
Calculated Breakdown Events per Month
Breakdown Events 10.0
Unscheduled Maintenance Events 65.0
Total Events 75.0
Unscheduled Maintenance Events Without FaultIQ With FaultIQ Savings
Tow Cost $120 $30 $90
Outside vs. Inside Repair $170 $71 $99
Driver Wages $75 $16 $59
Missing OTD $67 $50 $17
Cost of Cargo Transfer $35 $9 $26
Lost Revenue - Out of Service $1,213 $519 $694
Total Cost per Event $1,680 $695 $985
Total Fleet Cost per Truck/Month $126 $52.13 $73.88
Total Fleet Cost/Month $126,000 $52,125 $73,875