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Car pricing calculator11/16/2023 ![]() The default electricity costs are updated on a monthly basis using the current electricity price cap p/kWh and latest average fuel prices sourced from RAC. The benefits in cost of driving an EV will also be shown in cost per mile and annual cost for your chosen journey. ![]() Your results will show how much you could save on the total journey fuel cost, when driving electric instead of petrol or diesel. Then enter your journey distance, journey frequency and both your home electricity costs and petrol/diesel costs.įor details on how to use the Journey Cost Calculator and how it estimates fuel costs, see our Journey Cost Calculator Guide. ![]() To use the tool, select an electric vehicle from our list of new or used plug-in vehicles and select a petrol or diesel car that you’d like to compare with an EV. The Journey Cost Calculator will help you to calculate the cost of a journey and compare electric car costs on a typical journey with those of driving a petrol or diesel car. To use the Journey Cost Calculator, select an electric car from the list and choose a petrol or diesel car you’d like to use to compare electric car costs.Įnter your journey distance, journey frequency and both your home electricity costs and petrol/diesel costs.Ĭalculate the cost of running an electric car with the Journey Cost Calculator You can set your target return to a Profit amount, a Margin percent or a Markup percent.Compare electric car running cost with petrol or diesel Selling Price The calculator answer is the item price you should list for your item in order to meet your target return. Additional per transaction payment processing fixed fees can include charges such as the $0.30 fee charged by PayPal or $0.25 charged by Etsy. Transaction Fees Transaction or Payment Processing fees are the percentage (usually 2.2% to 3%) charged on the total transaction including Item Price, Shipping and Tax for processing a credit card payment. If you pay additional selling fees you can add them to these amounts. Additional fixed costs such as an insurance or listing fee per item are also applied here. This fee is a percentage charged on Item Price and Shipping. Selling Fees This includes the fee of 5%, 10%, 15% or more that the marketplace (Amazon, eBay, Etsy, etc.) charges you once your item is sold. Check the policies of your marketplace provider regarding how they apply sales tax. Charge Sales Tax on Shipping? Whether or not sales tax is charged on shipping varies from state to state. Sales Tax Percentage charged on Item Price. If you offer free or discounted shipping enter $0 or the discounted amount and the net shipping cost, if any, will be calculated into the Selling Price. Calculate your monthly car payment estimate on a used car loan or a new car loan and find a great deal on a vehicle near you. In this 'lease versus buy' scenario, youll. Shipping Charge The amount the seller charges the buyer for shipping. (months) The calculator above is designed to illustrate the differences in monthly payments between a lease versus a traditional auto loan. Shipping Cost The amount the seller has to pay for shipping the product to the buyer. For an Etsy craft product the Item Cost would also include your cost of materials and labor. Item Cost The Cost to acquire the item and might also include variable costs such as your additional production time and packaging rolled into it. ![]() Total Cost = Item Cost + Shipping Cost + Selling Cost + Transaction Cost. Cost * (1 + Markup) = Selling Price and therefore, Markup = (Selling Price / Cost) - 1 Cost Expense incurred to produce and distribute the item. That result is then added to your total costs to set your selling price. Markup The percentage applied to Costs incurred to produce and distribute the item. Gross Profit Margin = Gross Profit / Revenue. Margin Gross Profit Margin A percentage expressed as a ratio of gross profit to the revenue. Revenue is amount received from the buyer less the Taxes. Profit Gross Profit The amount of money earned after Cost has been paid. If you are using an ecommerce platform service that charges a monthly fee instead of a per transaction fee you'll need to forecast your sales and how that fee is distributed on a per item cost basis then enter that amount under fixed selling fees. This calculator will be most useful for merchants that have costs associated with a per transaction fee when selling items through an online marketplace such as Etsy, eBay or Amazon and using a credit card processing service like PayPal to process payments. Target profit or return can be set to a profit in dollars, a margin percentage or a markup percentage. Use this price calculator to determine the required selling price of an item in an online marketplace so that you achieve your desired profit. ![]()
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