Maintenance Costs

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.

Preventative Maintenance Costs Increase 3-5% in 2021

Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Average repair cost per unit increased in 2019, primarily due to higher labor rates. Also, PM costs were up as more units require more expensive synthetic oil. Tire price per unit, on average, increased 3% in the past 12 months.

Upward Pricing Pressuring Fixed and Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

Labor Shortage Increases But Economic Uncertainty Emerges

The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.

Higher Motor Oil Prices Nudge Preventive Maintenance Costs Up

Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each model-year, more OEMs require the use of more expensive synthetic motor oils.

Vincentric Adds Maintenance Costs to Data Stream

Vincentric has begun offering more in-depth maintenance data as part of its automotive cost-of-ownership database covering more than 45,000 vehicles, the Bingham Farms, Mich.-based data provider has announced.

Advanced Safety Systems Cost Twice as Much to Repair

Vehicles equipped with advanced driver assistance systems (ADAS) can add on average an extra $3,000 to the repair bill after a crash due to pricey sensors and their calibration requirements, according to new research from AAA.

Diesel Vans Beat Gasoline Models in Total Ownership Cost

Diesel-powered cargo vans are providing fleet buyers with a lower total cost of ownership than gasoline models, while many diesel-powered trucks aren't recouping the higher acquisition cost, according to a Vincentric analysis.

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Unscheduled Maintenance Costs Increase 3% in CY-2021

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Preventative Maintenance Costs Increase 3-5% in 2021

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Upward Pricing Pressuring Fixed and Operating Costs

Labor Shortage Increases But Economic Uncertainty Emerges

Higher Motor Oil Prices Nudge Preventive Maintenance Costs Up

Vincentric Adds Maintenance Costs to Data Stream

Advanced Safety Systems Cost Twice as Much to Repair

Diesel Vans Beat Gasoline Models in Total Ownership Cost

Resource Center

Latest Industry Updates and Videos

Education Center

Upcoming and On-Demand Webinars

Unscheduled Maintenance Costs Increase 3% in CY-2021

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Preventative Maintenance Costs Increase 3-5% in 2021

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Upward Pricing Pressuring Fixed and Operating Costs

Labor Shortage Increases But Economic Uncertainty Emerges

Higher Motor Oil Prices Nudge Preventive Maintenance Costs Up

Vincentric Adds Maintenance Costs to Data Stream

Advanced Safety Systems Cost Twice as Much to Repair

Diesel Vans Beat Gasoline Models in Total Ownership Cost

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