Opportunity Cost [E066]
This week Hunt discusses the actual cost of that aging loaner fleet. Are they really as cheap as you think?
• What is an opportunity cost? How does that impact the actual cost of my loaner fleet?
• Does opportunity cost apply to me and my team equally?
• So, you spend a couple hundred dollars in parts to keep that beater on the road, but is it really “cheaper than a car payment?”
• How does opportunity cost apply to a tow truck that I also have off the road and not making me money?
Thanks to our sponsor partner NAPA TRACS
Paar Melis and Associates – Accountants Specializing in Automotive Repair
Visit us Online : www.paarmelis.com
Email Hunt: podcast@paarmelis.com
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About the author, Carman
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