How to calculate your TCO and why it matters
Beyond Purchase Price
Getting the lowest total cost of ownership (TCO) is critical to your mine's longterm future and profitability. TCO goes beyond the capital cost of your machine - it's a comprehensive cost assessment of equipment through its entire lifecycle, including acquisition, operation, productivity, maintenance, and decommissioning.
Cost Efficiency
Total equipment effectiveness is a key driver of total cost. Recognized globally for their quality and durability, Cat machines are built to last. They're also built to be rebuilt, so you can get the most out of your machines for longer. Customer Value Agreements (CVAs) offer additional savings, with predictable costs for maintenance and repair, while Cat technology lets you optimize utilization for even more savings.
Reliability and Productivity
From fleet management to full automation and everything in between, our full suite of productivity-enhancing Cat technology helps you optimize your operations. We also have the parts and knowledge to keep your operations running efficiently, plus industry-leading service that goes above and beyond to ensure the best machine availability.
Maintenance and Repairs
We make maintenance easy and efficient with tech, tools, support and the best parts availability to maximize productivity and reduce your TCO. We offer fleet and health management apps with condition monitoring, oil sampling, and more. We also perform machine diagnostics to keep them in top shape, with dedicated technical support and resources to help you maintain your fleet's health.
Energy Efficiency
Wasted fuel is wasted money. That's why we offer fleet management solutions and operation assessments to help your operations save time and fuel. We lead the way for mining automation and electric vehicles to further enhance efficiency and reduce costs.
Resale Value
Finished with your equipment? Used Cat machines maintain a high resale value. Sell it yourself, or we can list your machines for consignment on Toromont Equip, our online used equipment marketplace.
Environmental Compliance
Caterpillar takes the environment seriously, and so do we. We're committed to respecting regulations and make exceeding environmental requirements a priority - and a lower carbon footprint means more money saved. We offer the latest tech to help reduce fuel consumption and wait time. The machine life of a Cat can also be significantly extended and their technology upgraded, thanks to rebuilds and remanufactured parts.
Lifecycle Considerations
We provide assistance when it's time to decommission your mine. We can also sell your used equipment on consignment, and we offer rebuild options to extend the lifecycle of your machines.
Risk Mitigation
For added protection, we offer comprehensive Customer Value Agreements (CVAs) and repair options to mitigate risk and manage costs. Our remote monitoring technology and our fluid analysis service labs let you efficiently plan maintenance and avoid machine failure. We take pride in having best machine availability in the industry, which means less downtime, more productivity, and the lowest TCO for our clients.
85%
fleet availability
+150,000
hrs
Equipment
Cost-Effective Machines
Cat equipment has well-earned for providing the best value in the industry and the lowest total cost of ownership. Cat machines can also be rebuilt multiple times, so their lifecycle is considerably longer. It's not rare to find underground machines with over 65,000 hours still in operation, or trucks with over 150,000 hours still hauling in the pit.
MOST RELIABLE
technology in the industry
Proven
results
Technology
Innovation that cuts costs
From innovative fleet management software to our comprehensive suite of MineStar digital solutions, we have performance technology, equipment health monitoring systems, and safety-enhancing systems to minimize downtime and maximize productivity.
24/7
technical support
2,100+
service technicians
Product Support
Always by your side
Maintenance and service is the key to equipment longevity. Our industry-leading service, includes CVAs, rebuild programs, onsite parts warehousing, a technical support team dedicated to your operations, and much more.
93%
of parts orders completed in under 24h
Parts
Maximize uptime and machine life
We always plan ahead. That means always having the parts and consumables you need in-stock, to reduce downtime.
“The record-breaking number of hours on Cat machines are a testament to their durability. Our team is there to make sure they stay available and reliable."
Garrett Rivalin, Customer Support Supervisor
