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Fleet FAQ? Fleet Management & Leasing

May 17, 2017

Q. What factors need to be taken into account when calculating the lifecycle costs of a vehicle from acquisition through disposal?

A. Total cost of ownership will vary based on the type of vehicle used, application, and operating conditions. Generally speaking, cost of ownership will include origination & lease based costs, fuel, maintenance, depreciation and other services based on actual industry data and customer run rates and evaluated on a cost per mile basis. Consulting a fleet management professional can help determine cost of ownership for your fleet.

Expert Bio

Answered by : Jack Firriolo

Chief Operating Officer

Jack Firriolo is the Chief Operating Officer at Merchants Fleet Management. As a member of senior leadership Jack not only provides vision for the company, but also delivers best-in-class results across all operating areas. As a business industry expert Jack is relied on to oversee the completion of information technology projects, and to help grow the Merchants Fleet Management brand.

Jack Firriolo is the Chief Operating Officer at Merchants Fleet Management. As a member of senior leadership Jack not only provides vision for the company, but also delivers best-in-class results across all operating areas. As a business industry expert Jack is relied on to oversee the completion of information technology projects, and to help grow the Merchants Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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