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Total Cost of Ownership

Optimized Truck TCO Starts with the Right Specs

Vehicle specifications should be defined by the fleet application and mission requirements. A truism in truck fleet management is to design a truck that will accommodate your operational requirements rather than trying to make your operation conform to the truck. Here's how you do it.

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TCO Champs: Crossovers or Sedans?

As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.

Comparing Vans by Lifecycle Cost

This analysis shows that ownership costs for vans with similar powertrains, GVWR, and capacities can vary by manufacturer as much as $9,000.

Should Damaged Vehicles Be Repaired or Replaced?

After an accident or major equipment failure, fleet managers often have to make a hard decision to either repair or replace the damaged vehicle. There is no right or wrong answer, but fleets need to keep safety and the bottom line in sight.

Company Vehicle or Reimbursement? Tips on Setting Fleet Policy

A company vehicle is an important and treasured asset. Fleet managers need to use their professional judgment to determine who gets cars and who doesn’t.

Overview: UK Fleet Market

The UK market sees approximately 2 million new cars registered every year, with around 50-55 percent classified as fleet business vehicles depending upon definition.

Which Hybrids Have the Lowest Cost of Ownership?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

Total Fleet Cost is Proportional to Fleet Size

Every fleet manager is feeling the pressure to reduce costs. The best place to have maximum impact is to reduce overall fleet size and/or modify vehicle composition. A fleet's total cost is directly proportional to the total number of vehicles in operation, which drives all fixed and operating costs, such as fuel, replacement tire expenses, depreciation, accident repair costs, etc. If you can reduce overall fleet size, all other cost categories will decrease correspondingly.