Free browser-based calculator

Repair vs Modernize Elevator Calculator

Compare entered repair and modernization ownership costs over a planning period.

Project inputs

Change the assumptions to explore an early planning scenario.

Planning result

Enter your assumptions

  • Repair path
  • Modernization path
  • Difference
  • Lower entered cost path

How to use this result

Use this as a financial screen before obtaining a condition assessment and modernization specification.

Risk is not fully priced

Reliability, safety orders, parts availability and tenant impacts require professional judgment.

No discount rate

The simple comparison is transparent but does not calculate financing or present value.

Important: Costs, codes, permits, inspection duties, accessibility rules, environmental requirements and insurance conditions vary by country, province or state, municipality, building use, equipment type, installation date and project scope. Qualified local professionals and the authority having jurisdiction must determine what applies. Only registered or otherwise qualified elevator professionals may perform regulated work. Never enter a hoistway, bypass a safety device, attempt a rescue or perform elevator repairs based on this website.