“….put this up to get opinions on the expected life of a well maintained Touchfree.”
How long a carwash system is useful to the business depends on functional and technical obsolescence. How long a piece of equipment will actually last is another question.
Useful expected life for carwash systems in most personal property manuals is 15 years whereas computer-integrated machinery (in-bay) and computerized machinery (POS) are seven years.
On the other hand, PC’s, software, smart phone, etc. is three years.
Consider in-bay at gasoline sites. Average is 14,500 washes a year.
Typically, machine needs minor overhaul 4 to 5 years, then is replaced at 8 to 10 years when building gets skin package (renovated).
Could they go longer? Yes, many retailers did after recession and volumes and average revenue suffered greatly.
Based on these assumptions, normal maintenance and average of 20,000 washes a year, useful expected life would be about 11 years instead of 15.
Conversely, if in-bay is washing less, say, 9,000 or 10,000 cars a year, expected life would be greater.
So, it’s possible to have situation where machine is functional (still capable of doing the work) but technically obsolete.
Technical obsolescence occurs when a new product or technology supersedes the old and it becomes preferred to use the new technology in place of the old.
For example, 3-second
credit card processing versus 30-second, foam instead of soft-cloth, hot wax instead of triple foam, customer
loyalty program instead of coupons or
tokens, and so forth.